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Restaurants, Bars & Food Services

Publisher First Research, Inc.
Published Jan 20, 2026
SKU # FRRS20830171

Description

Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide meals, snacks, and beverages to customers for on-site or off-site consumption. Major companies include restaurant operators such as Darden Restaurants, McDonald's, Starbucks, and Yum! Brands (all based in the US), as well as Greggs (UK), Restaurant Brands International (Canada), and Skylark Group (Japan). Major food service contractors include US-based ARAMARK and Delaware North, as well as Autogrill (Italy), Compass Group and SSP Group (both based in the UK), and Sodexo (France).

The global food service market is projected to reach about $6 trillion by 2032 and is expected to grow at a CAGR of about 7% during the 2024 to 2032 forecast period, according to Fortune Business Insights. Among the key factors driving the global food service market are growing demand for customization and innovation in food menu options and an increasing preference for readily available, hassle-free, nutritious, and hygienic food.

The US restaurant, bar, and food services industry includes about 660,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $680 billion.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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