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Food Service Market in APAC 2017-2021

Food Service Market in APAC 2017-2021

About Food Service

Foodservice refers to the sale of food and beverages that is prepared out-of-home for immediate consumption either on the premises from where they are purchased or for takeaway and home delivery. The foodservice industry offers its services to cafeterias, hospitals, cafés, pubs, nightclubs, bars, and hotels. Foodservice outlets are one-stop shop for household consumers that deliver foods of consumers' choice right at their doorstep. The working population, being time-pressed to prepare food, demands foods that are ready-to-eat or take very little effort to dish out. This has led to the adoption of a variety of food products from foodservice providers. Furthermore, trends like self-service, family oriented dining, and cafeteria are on the rise.

Technavio’s analysts forecast the food service market in APAC to grow at a CAGR of 4.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the food service market in APAC for 2017-2021. To calculate the market size, the report considers the sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Food Service Market in APAC 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • McDonald’s
  • Restaurant Brands International
  • Seven & i Holdings
  • Starbucks
  • Yum China Holdings
Other prominent vendors
  • Barista Coffee
  • Coffee Beanery
  • Coffee Day Enterprises
  • Dicos
  • Domino’s Pizza
  • Doutor Coffee Shop
  • Ediya Coffee
  • Gloria Jean’s Coffees
  • Jollibee Foods
  • J.CO DONUTS & COFFEE
  • Krispy Kreme Doughnuts
  • Mad Over Donuts
  • Mister Donut
  • MOS Food Services
  • Mr. Lee
  • Speciality Restaurants
  • Subway
  • Tully’s Coffee
  • Yum! Brands
Market driver
  • Changing lifestyles and rise in demand for convenient food
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material prices
  • For a full, detailed list, view our report
Market trend
  • Rising popularity of cafés
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Food Service Market in APAC 2017-2021

Technavio recognizes the following companies as the key players in the food service market in APAC: McDonald’s, Restaurant Brands International, Seven & i Holdings, Starbucks, and Yum China Holdings

Other Prominent Vendors in the market are: Barista Coffee, Coffee Beanery, Coffee Day Enterprises, Dicos, Domino’s Pizza, Doutor Coffee Shop, Ediya Coffee, Gloria Jean’s Coffees, Jollibee Foods, J.CO DONUTS & COFFEE, Krispy Kreme Doughnuts, Mad Over Donuts, Mister Donut, MOS Food Services, Mr. Lee, Speciality Restaurants, Subway, Tully’s Coffee, and Yum! Brands.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising popularity of cafés. Millennials tend to socialize with their friends, especially in cafés. This trend has led to an increase in the number of specialty coffee shops and cafés. Thereby, strengthening the foodservice market. The increasing disposable incomes in emerging Asian, Eastern European, and Latin American economies and the growing café culture are the main factors boosting the popularity of alcoholic and non-alcoholic beverages like coffee and craft beers among the millennials.”

According to the report, one of the major drivers for this market is Changing lifestyles and rise in demand for convenient food. Consumers these days are overwhelmed by their lifestyle obligations and have limited time to prepare food. They are, therefore, on the lookout for convenient food. Quick service restaurants provide household consumers and working population with convenience and food of their choice at their doorstep.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuating raw material prices. The major challenge faced by vendors is the fluctuating prices of food commodities, such as meat, grains, sugar, and dairy products, which are vital for the preparation of food served in the quick service restaurants. During the last quarter of 2015, the global sugar prices shot up considerably. The increase in product price affects the consumer purchase decision, which, in turn, affects the market performance of the manufacturer. Raw materials, such as fruits, dairy products, and sugar, used in the making of smoothies, and plastic, aluminum, and paper used in the packaging of the smoothies have volatile prices based on availability.

Companies Mentioned

McDonald’s, Restaurant Brands International, Seven & i Holdings, Starbucks, Yum China Holdings, Barista Coffee, Coffee Beanery, Coffee Day Enterprises, Dicos, Domino’s Pizza, Doutor Coffee Shop, Ediya Coffee, Gloria Jean’s Coffees, Jollibee Foods, J.CO DONUTS & COFFEE, Krispy Kreme Doughnuts, Mad Over Donuts, Mister Donut, MOS Food Services, Mr. Lee, Speciality Restaurants, Subway, Tully’s Coffee, and Yum! Brands.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Foodservice market in APAC in the global foodservice market 2016
    • Global foodservice market
      • Table Global foodservice market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Overview of foodservice market in APAC
    • Market size and forecast
      • Table Foodservice market in APAC 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysisSource: Technavio
  • Market segmentation by type
    • Foodservice market in APAC by type
      • Table Foodservice market in APAC by type 2016 and 2021 (% share of revenue)
    • Restaurants market in APAC
      • Table Restaurants market in APAC 2016-2021 ($ billions)
    • Fast food market in APAC
      • Table Fast food market in APAC 2016-2021 ($ billions)
    • Cafés/bars market in APAC
      • Table Cafés/bars market in APAC 2016-2021 ($ billions)
    • Delivery and takeaway foodservice market in APAC
      • Table Delivery and takeaway foodservice market in APAC 2016-2021 ($ billions)
    • Others foodservice market in APAC
      • Table Others foodservice market in APAC 2016-2021 ($ billions)
  • Market segmentation by product
    • Foodservice market in APAC by product
      • Table Foodservice market in APAC by product 2016 and 2021 (% share of revenue)
    • Food sales in APAC foodservice market
      • Table Food sales in APAC foodservice market 2016-2021 ($ billions)
    • Beverage sales in APAC foodservice market
      • Table Beverage sales in APAC foodservice market 2016-2021 ($ billions)
  • Key leading countries
    • China
      • Table Foodservice market in China 2016-2021 ($ billions)
      • Table Chinese foodservice market segmentation by type 2016 and 2021 (% share ofrevenue)
    • Japan
      • Table Foodservice market in Japan 2016-2021 ($ billions)
      • Table Japanese foodservice market segmentation by type 2016 and 2021 (% share ofrevenue)
    • India
      • Table Foodservice market in India 2016-2021 ($ billions)
      • Table Indian foodservice market segmentation by type 2016 and 2021 (% share ofrevenue)
    • South Korea
      • Table Foodservice market in the South Korea 2016-2021 ($ billions)
      • Table South Korean foodservice segmentation market by type 2016 and 2021 (% share ofrevenue)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Comparison of store count for some major foodservice chains in APAC 2014-2016
      • Table Beer market in APAC 2015-2020 ($ billions)
    • Market challenges
  • Market trends
    • Introduction of healthy meals in food menus
    • Rising popularity of cafés
    • Growing popularity of online and mobile appbased food ordering
    • Innovation in packaging for takeaway food
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors operating in foodservice market in APAC
  • Key vendor analysis
    • McDonald's
    • Restaurant Brands International
    • Seven & i Holdings
    • Starbucks
      • Table Starbucks: Product segmentation by revenue 2016
      • Table Starbucks: Store count as of October 2016
    • Yum China Holdings
      • Table Yum China Holdings: Business segmentation by revenue 2016
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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