Foodservice market in the APAC region to grow by more than $ 317 billion between 2021 and 2025

NEW YORK, May 3, 2021 / PRNewswire / –

Foodservice Market in APAC by Product, Type and Geography – Forecast and Analysis 2021-2025

Technavio monitors the foodservice market in the APAC region and is poised to grow by $ 317.03 billion between 2021-2025, growing at a CAGR of over 5% during the forecast period. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, as well as the general market environment.

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Frequently Asked Questions:

  • Based on the segmentation by product, which segment is the market leader?
    On the basis of the product, the market saw maximum growth in the food sales segment in 2020.

  • What are the main market trends?
    The growing demand for alcoholic beverages is the major trend in the market.

  • How fast should the market grow?
    The market is expected to grow at a CAGR of over 5% during the forecast period.

  • Who are the main players in the market?
    Barista Coffee Co. Ltd., Del Taco Restaurants Inc., Dominos Pizza Inc., McDonald Corp., Papa Johns International Inc., Restaurant Brands International Inc., Seven and i Holdings Co. Ltd., Starbucks Corp., The Wendys Co ., and YUM! Brands Inc. are the main players in the market.

  • What are the main drivers and challenges of the market?
    The market is driven by the growing number of restaurant chains. However, the growing preference for home-cooked meals could hamper growth.

Related reports on consumer discretionary include:
Global Food Delivery Services Market – The global food delivery services market is segmented by geography (APAC, North America, Europe, South Americaand MEA) and the market landscape (order driven and logistics driven).
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Global Quick Service Restaurant Market – The global quick-service restaurant market is segmented by service (food service, take-out, drive-thru, and home delivery service) and by geographic area (APAC, Europe, MEA, North America, and South America).
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The market is fragmented and the degree of fragmentation will accelerate during the forecast period. Barista Coffee Co. Ltd., Del Taco Restaurants Inc., Dominos Pizza Inc., McDonald Corp., Papa Johns International Inc., Restaurant Brands International Inc., Seven and i Holdings Co. Ltd., Starbucks Corp., The Wendys Co ., and YUM! Brands Inc. is one of the major players in the market. While the growing number of food service chains will provide immense opportunities for growth, the growing preference for home-cooked foods is likely to pose a challenge for market vendors. With the aim of helping players to strengthen their foothold in the market, this APAC Region Food Service Market forecast report provides detailed analysis of major vendors in the market. The report also gives industry honchos insight into the competitive landscape and insight into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed information on the impact of COVID-19 at the industry level, regional level, and subsequent supply chain operations. This personalized report will also help customers track new product launches in direct and indirect markets related to COVID-19, upcoming vaccines and pipeline analysis, as well as important developments in supplier operations and regulations. government.

Foodservice market in the APAC region 2021-2025: segmentation
The food service market in the APAC region is segmented as follows:

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APAC Food Service Market 2021-2025: Scope

Technavio presents a detailed picture of the market by studying, synthesizing and summing up data from multiple sources. The APAC Region Food Service Market report covers the following areas:

  • Size of the foodservice market in the APAC region

  • Foodservice Market Trends in the APAC Region

  • Industry Analysis of the Food Service Market in the APAC Region

This study identifies the increasing demand for alcoholic beverages as one of the major reasons for the growth of the food service market in the APAC region in the coming years.

Foodservice Market in the APAC Region 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025

  • Detailed information on the factors that will contribute to the growth of the foodservice market in the APAC region over the next five years

  • Estimation of the size of the catering market in the APAC region and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the catering market through China and the rest of the APAC region

  • Market competitive landscape analysis and detailed supplier information

  • Complete details on the factors that will challenge the growth of foodservice market vendors in the APAC region

Contents:

summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by product

  • Market segments

  • Comparison by product

  • Food Sales – Market Size and Forecast 2020-2025

  • Beverages Sales – Market Size and Forecast 2020-2025

  • Market opportunity by product

Market segmentation by type

  • Market segments

  • Comparison by type

  • Restaurants – Market Size and Forecast 2020-2025

  • Delivery & Takeout – Market Size and Forecast 2020-2025

  • Fast Food – Market Size and Forecast 2020-2025

  • Cafes and Bars Market Size and Forecast 2020-2025

  • Others – Market Size and Forecast 2020-2025

  • Market opportunity by type

Customer landscape

Geographical landscape

  • Geographic segmentation

  • Geographic comparison

  • China – Market size and forecast 2020-2025

  • Rest of APAC Region – Market Size and Forecast 2020-2025

  • Market opportunity by geography

  • Market factors

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor Landscape

  • Landscape disturbance

Supplier analysis

  • Covered suppliers

  • Positioning of suppliers on the market

  • Barista Coffee Co. Ltd.

  • Restaurants Del Taco Inc.

  • Dominos Pizza Inc.

  • McDonald Corp.

  • Papa Johns International Inc.

  • Restaurant Brands International Inc.

  • Seven and i Holdings Co. Ltd.

  • Starbucks Corp.

  • Wendys Co.

  • YUM! Brands Inc.

appendix

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Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market knowledge to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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