“India Restaurant Market Report 2022”
Catering services are catering services in which food is prepared away from home for meals, delivery and take-out.
India Foodservice Market Overview 2022-2027:
The latest research study “India Foodservice Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, by the IMARC group, notes that the Indian catering market is expected to post a CAGR of 12.50% over the period 2022-2027.
Industry definition and application:
Foodservice includes businesses involved in serving, preparing and delivering food products to customers. It is categorized into centralized and conventional catering systems, in which the centralized system involves the preparation of bulk food, which is then distributed to the kitchens of multiple food joints. On the other hand, preparing and serving food in the same premises is called conventional catering system. In India, dining is gradually gaining traction due to the convenience offered, as well as the increasing preference of the masses to try new flavors and tastes while 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 Indian market is mainly driven by significant growth in the food and beverage sector. Along with this, changing eating habits of the masses due to hectic schedules and busy lifestyles of working professionals has led to a huge increase in the demand for catering services across the country. With this in mind, the growing popularity of international cuisines and the inflation of disposable income levels of individuals are driving the growth of the market. Moreover, the proliferation of food outlets and cafes in India is acting as a major growth driver. Additionally, the introduction of food ordering apps and the advent of home delivery models are creating positive market prospects. Additionally, increasing investments by major players in developing aggressive marketing strategies, celebrity endorsements, and innovative packaging solutions are contributing to the growth. Other factors including rapid urbanization and penetration of high-speed internet connectivity are also positively influencing the market across 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
- Eastern 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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