
United States of America - The Future of Foodservice to 2028
Description
United States of America - The Future of Foodservice to 2028
Summary
“United States of America - The Future of Foodservice to 2028” published by GlobalData provides extensive insight and analysis of the US Foodservice market over the next five years (2023-28) and acts as a vital point of reference for operators or suppliers.
In 2023, the US recorded annual nominal GDP per capita growth of 5.8% due to strong government and consumer spending. Exports also increased during the year.
The working-age population (aged 15-64) accounted for 63.7% of the total population in 2023. However, the proportion of working-age people is expected to decline to 62.1% by 2028. As of 2023, 18.2% of the population were under 15 years, while 18.1% were aged 65 years and above. The share of young people (0-14) will decline to 17.9% by 2028.
The report includes -
- Overview of the US macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the US foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the US foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: Identify the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the US population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
Scope
- The US foodservice profit sector generated total revenue of $1.5 trillion in 2023, recording a compound annual growth rate (CAGR) of 6.5% from $1.1 trillion in 2018. The number of transactions registered a CAGR of 3.5%. The number of outlets recorded a CAGR of 0.5% during 2018-23. QSR led the foodservice profit sector in 2023, accounting for 45.4% of total sales.
- The foodservice profit sector is expected to reach $1.7 trillion in 2028, registering a strong CAGR of 3% during 2023-28, while the number of transactions will achieve a CAGR of 0.7%.
Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2023-28) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, coffee & tea shop, and pub, club & bar) will allow readers understand the wants and needs of their target demographics.
Table of Contents
123 Pages
- Report Guide: Main Sections
- Report Guide: Sub-Sections
- Executive Summary
- Executive Summary: Consumer Trends
- Macroeconomic Overview
- Trends Landscape & Consumer Shopping Behavior
- Profit Sector - Consumer Behavior
- Profit Sector Metrics
- Profit Sector: Value and Share by Channel
- Profit Sector: Value Performance by Channel
- Profit Sector: Outlet Dynamics by Channel
- Profit Sector: Transactions Dynamics by Channel
- Profit Sector: Operator Buying Volumes and Performance by Channel
- Profit Sector: Historic & Future Channel Performance Dynamics
- Profit Sector: Restaurant: Outlet-Type & Owner-Type Growth Dynamics
- QSR: Summary
- QSR: Metrics: Growth Dynamics
- QSR: Key Players
- QSR: Who?
- QSR: Why?
- QSR: What? Food & Drink Split
- QSR: What? Captain D's: Case Study
- QSR: What? Menu Intelligence Analysis
- QSR: What? Menu Intelligence Analysis - Restaurant Cuisine Type
- QSR: What? Menu Intelligence Analysis - Dish & Ingredient Penetration
- QSR: Where? Cuisine and Location
- QSR: What Next?
- FSR: Summary
- FSR: Metrics: Growth Dynamics
- FSR: Key Players
- FSR: Who?
- FSR: Why?
- FSR: What? Food & Drink Split
- FSR: What? Pizza Hut: Case Study
- FSR: What? Menu Intelligence Analysis
- FSR: What? Menu Intelligence Analysis - Restaurant Cuisine Type
- FSR: What? Menu Intelligence Analysis - Dish & Ingredient Penetration
- FSR: Where? Cuisine and Location
- FSR: What Next?
- Coffee & Tea Shop: Summary
- Coffee & Tea Shop: Metrics: Growth Dynamics
- Coffee & Tea Shop: Key Players
- Coffee & Tea Shop: Who?
- Coffee & Tea Shop: Why?
- Coffee & Tea Shop: What? Food & Drink Split
- Coffee & Tea Shop: Where? Cuisine and Location
- Coffee & Tea Shop: What Next?
- Pub, Club & Bar: Summary
- Pub, Club & Bar: Metrics: Growth Dynamics
- Pub, Club & Bar : Key Players
- Pub, Club & Bar: Who?
- Pub, Club & Bar: Why?
- Pub, Club & Bar: What? Food & Drink Split
- Pub, Club & Bar: Where? Location
- Pub, Club & Bar: What Next?
- Cost Operator Trends: Historic & Future Performance
- Cost Operators: Data and Channel Share Breakdown
- Education: Growth Dynamics & Drivers
- Education: What Next?
- Healthcare: Growth Dynamics & Drivers
- Healthcare: What Next?
- Military & Civil Defense: Growth Dynamics & Drivers
- Military & Civil Defense: What Next?
- Welfare & services: Growth Dynamics & Drivers
- Welfare & Services: What Next?
- Channel Definitions
- Other Definitions
- Key Components - Market Intelligence
Pricing
Currency Rates
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