catering market in india
According to the latest report by IMARC Group, titled “India Food Service Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Indian food service market is expected to grow at a CAGR of 12.50% in 2022- 2027. Food services are catering services in which food is prepared outside the home for meals, delivery and take-out. It covers multiple outlets, such as hotels, fast food outlets, restaurants, cafes, airports, theaters, schools, and hospitals. Nowadays, people in urban India frequently opt for catering services for various reasons including convenience, trying new tastes and flavors, and socializing.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Restaurant Market Trends in India:
The market is mainly driven by the significant growth in the food and beverage industry. In this light, the rising popularity of various food delivery apps is positively influencing the market across the country. In addition, consumer disposable income inflation, coupled with changing food preferences of the masses, is catalyzing the adoption of restaurant services. Additionally, the rapid expansion of electronic distribution channels is driving the growth of the market across the country. Some of the other factors contributing to the market include the widespread trend of socializing among working professionals and the growing popularity of international cuisines in India.
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Analysis and segmentation of the catering market in India 2022-2027:
Breakdown by sector:
Breakdown by systems:
• Conventional restoration system
• Centralized catering system
• Ready-to-use food service system
• Assemblage-Service food service system
Breakdown by type of restaurant:
• Fast food
• Full service restaurants
• Limited service restaurants
• Special food service restaurants
Breakdown by region:
• North India
• West and Central India
• South India
• East India
The competitive landscape of the industry has also been reviewed along with the profiles of key players.
Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.
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• Luxury market in Saudi Arabia: https://www.imarcgroup.com/saudi-arabia-luxury-market
• Australian market for coffee and tea capsules: https://www.imarcgroup.com/australia-coffee-tea-capsules-market
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