Food Service Market in APAC MARKET 2020-2024
Global Food Service Market In APAC 2020-2024
Technavio has been monitoring the global food service market in apac and it is poised to grow by USD 344.23 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global food service market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current apac market scenario, latest trends and drivers, and the overall market environment. The market is driven by changing lifestyles and rise in demand for convenient food.In addition, increasing number of foodservice chains is anticipated to boost the growth of the global food service market in apac as well.
Technavio's global food service market in apac is segmented as below:
- Delivery And Take Away
- Fast Foods
Key Trends for global food service market in apac growth
This study identifies increasing number of foodservice chains as the prime reasons driving the global food service market in apac growth during the next few years.
Prominent vendors in global food service market in apac
We provide a detailed analysis of around 25 vendors operating in the global food service market in apac, including some of the vendors such as Barista Coffee Co. Ltd., Del Taco Restaurants Inc., Domino's Pizza Inc., McDonald's Corp., Papa John's International Inc., Restaurant Brands International Inc., Seven & i Holdings Co. Ltd., Starbucks Corp., The Wendy's Co. and Yum! Brands Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.