Foodservice Market in US 2024-2028

The foodservice market in US is forecasted to grow by USD 2365.2 mn during 2023-2028, accelerating at a CAGR of 30.32% during the forecast period. The report on the foodservice market in US 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased snacking and indulgence consumption, rising demand for allergen-free dining, and changing lifestyles of consumers.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	29.73%
CAGR	30.32%
Incremental Value	$2365.2mn

Technavio's foodservice market in US is segmented as below:

By Type

Fast foodservice
Restaurant
Cafes and bars
Delivery and takeaway
Others

By Solution

Conventional
Centralized
Ready prepared
Assembly-serve

By Sector

Commercial
Non-commercial

This study identifies the highly diverse population indulging in ethnic cuisine as one of the prime reasons driving the foodservice market in US growth during the next few years. Also, increasing demand for gluten-free fast foods and rise of virtual kitchens and ghost kitchens will lead to sizable demand in the market.

The report on the foodservice market in US covers the following areas:

Foodservice market in US sizing
Foodservice market in US forecast
Foodservice market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foodservice market in US vendors that include American Dairy Queen Corp., Chick fil A Inc., CKE Restaurants Holdings Inc., Dominos Pizza Inc., Inspire Brands Inc., Jack in the Box Inc., Marcos Franchising LLC, McDonald Corp., MTY Food Group Inc., Papa Johns International Inc., Pret A Manger, Raising Canes Restaurants LLC, Restaurant Brands International Inc., Shamrock Foods Co., Starbucks Corp., Sysco Corp., The Subway Group, The Wendys Co., Wingstop Inc., YUM Brands Inc., and Penn Station Inc.. Also, the foodservice market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70236

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Solution
Exhibit 06: Executive Summary - Chart on Market Segmentation by Sector
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Foodservice market in US 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on foodservice market in US 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Solution Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Solution Segment 2018 - 2022 ($ million)
4.4 Sector Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Sector Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 27: Chart on Type - Market share 2023-2028 (%)
Exhibit 28: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 29: Chart on Comparison by Type
Exhibit 30: Data Table on Comparison by Type
6.3 Fast foodservice - Market size and forecast 2023-2028
Exhibit 31: Chart on Fast foodservice - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Fast foodservice - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Fast foodservice - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Fast foodservice - Year-over-year growth 2023-2028 (%)
6.4 Restaurant - Market size and forecast 2023-2028
Exhibit 35: Chart on Restaurant - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Restaurant - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Restaurant - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Restaurant - Year-over-year growth 2023-2028 (%)
6.5 Cafes and bars - Market size and forecast 2023-2028
Exhibit 39: Chart on Cafes and bars - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Data Table on Cafes and bars - Market size and forecast 2023-2028 ($ million)
Exhibit 41: Chart on Cafes and bars - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on Cafes and bars - Year-over-year growth 2023-2028 (%)
6.6 Delivery and takeaway - Market size and forecast 2023-2028
Exhibit 43: Chart on Delivery and takeaway - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Data Table on Delivery and takeaway - Market size and forecast 2023-2028 ($ million)
Exhibit 45: Chart on Delivery and takeaway - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on Delivery and takeaway - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 47: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Type
Exhibit 51: Market opportunity by Type ($ million)
Exhibit 52: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Solution

7.1 Market segments
Exhibit 53: Chart on Solution - Market share 2023-2028 (%)
Exhibit 54: Data Table on Solution - Market share 2023-2028 (%)
7.2 Comparison by Solution
Exhibit 55: Chart on Comparison by Solution
Exhibit 56: Data Table on Comparison by Solution
7.3 Conventional - Market size and forecast 2023-2028
Exhibit 57: Chart on Conventional - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Data Table on Conventional - Market size and forecast 2023-2028 ($ million)
Exhibit 59: Chart on Conventional - Year-over-year growth 2023-2028 (%)
Exhibit 60: Data Table on Conventional - Year-over-year growth 2023-2028 (%)
7.4 Centralized - Market size and forecast 2023-2028
Exhibit 61: Chart on Centralized - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Data Table on Centralized - Market size and forecast 2023-2028 ($ million)
Exhibit 63: Chart on Centralized - Year-over-year growth 2023-2028 (%)
Exhibit 64: Data Table on Centralized - Year-over-year growth 2023-2028 (%)
7.5 Ready prepared - Market size and forecast 2023-2028
Exhibit 65: Chart on Ready prepared - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Data Table on Ready prepared - Market size and forecast 2023-2028 ($ million)
Exhibit 67: Chart on Ready prepared - Year-over-year growth 2023-2028 (%)
Exhibit 68: Data Table on Ready prepared - Year-over-year growth 2023-2028 (%)
7.6 Assembly-serve - Market size and forecast 2023-2028
Exhibit 69: Chart on Assembly-serve - Market size and forecast 2023-2028 ($ million)
Exhibit 70: Data Table on Assembly-serve - Market size and forecast 2023-2028 ($ million)
Exhibit 71: Chart on Assembly-serve - Year-over-year growth 2023-2028 (%)
Exhibit 72: Data Table on Assembly-serve - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Solution
Exhibit 73: Market opportunity by Solution ($ million)
Exhibit 74: Data Table on Market opportunity by Solution ($ million)

8 Market Segmentation by Sector

8.1 Market segments
Exhibit 75: Chart on Sector - Market share 2023-2028 (%)
Exhibit 76: Data Table on Sector - Market share 2023-2028 (%)
8.2 Comparison by Sector
Exhibit 77: Chart on Comparison by Sector
Exhibit 78: Data Table on Comparison by Sector
8.3 Commercial - Market size and forecast 2023-2028
Exhibit 79: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
8.4 Non-commercial - Market size and forecast 2023-2028
Exhibit 83: Chart on Non-commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Non-commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Non-commercial - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Non-commercial - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Sector
Exhibit 87: Market opportunity by Sector ($ million)
Exhibit 88: Data Table on Market opportunity by Sector ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 89: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 90: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 91: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 92: Overview on factors of disruption
11.4 Industry risks
Exhibit 93: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 94: Vendors covered
12.2 Market positioning of vendors
Exhibit 95: Matrix on vendor position and classification
12.3 American Dairy Queen Corp.
Exhibit 96: American Dairy Queen Corp. - Overview
Exhibit 97: American Dairy Queen Corp. - Product / Service
Exhibit 98: American Dairy Queen Corp. - Key offerings
12.4 Chick fil A Inc.
Exhibit 99: Chick fil A Inc. - Overview
Exhibit 100: Chick fil A Inc. - Product / Service
Exhibit 101: Chick fil A Inc. - Key offerings
12.5 CKE Restaurants Holdings Inc.
Exhibit 102: CKE Restaurants Holdings Inc. - Overview
Exhibit 103: CKE Restaurants Holdings Inc. - Product / Service
Exhibit 104: CKE Restaurants Holdings Inc. - Key offerings
12.6 Dominos Pizza Inc.
Exhibit 105: Dominos Pizza Inc. - Overview
Exhibit 106: Dominos Pizza Inc. - Business segments
Exhibit 107: Dominos Pizza Inc. - Key news
Exhibit 108: Dominos Pizza Inc. - Key offerings
Exhibit 109: Dominos Pizza Inc. - Segment focus
12.7 Inspire Brands Inc.
Exhibit 110: Inspire Brands Inc. - Overview
Exhibit 111: Inspire Brands Inc. - Product / Service
Exhibit 112: Inspire Brands Inc. - Key offerings
12.8 Jack in the Box Inc.
Exhibit 113: Jack in the Box Inc. - Overview
Exhibit 114: Jack in the Box Inc. - Product / Service
Exhibit 115: Jack in the Box Inc. - Key offerings
12.9 Marcos Franchising LLC
Exhibit 116: Marcos Franchising LLC - Overview
Exhibit 117: Marcos Franchising LLC - Product / Service
Exhibit 118: Marcos Franchising LLC - Key offerings
12.10 McDonald Corp.
Exhibit 119: McDonald Corp. - Overview
Exhibit 120: McDonald Corp. - Business segments
Exhibit 121: McDonald Corp. - Key news
Exhibit 122: McDonald Corp. - Key offerings
Exhibit 123: McDonald Corp. - Segment focus
12.11 MTY Food Group Inc.
Exhibit 124: MTY Food Group Inc. - Overview
Exhibit 125: MTY Food Group Inc. - Business segments
Exhibit 126: MTY Food Group Inc. - Key offerings
Exhibit 127: MTY Food Group Inc. - Segment focus
12.12 Papa Johns International Inc.
Exhibit 128: Papa Johns International Inc. - Overview
Exhibit 129: Papa Johns International Inc. - Business segments
Exhibit 130: Papa Johns International Inc. - Key offerings
Exhibit 131: Papa Johns International Inc. - Segment focus
12.13 Penn Station Inc.
Exhibit 132: Penn Station Inc. - Overview
Exhibit 133: Penn Station Inc. - Product / Service
Exhibit 134: Penn Station Inc. - Key offerings
12.14 Pret A Manger
Exhibit 135: Pret A Manger - Overview
Exhibit 136: Pret A Manger - Product / Service
Exhibit 137: Pret A Manger - Key offerings
12.15 Raising Canes Restaurants LLC
Exhibit 138: Raising Canes Restaurants LLC - Overview
Exhibit 139: Raising Canes Restaurants LLC - Product / Service
Exhibit 140: Raising Canes Restaurants LLC - Key offerings
12.16 Restaurant Brands International Inc.
Exhibit 141: Restaurant Brands International Inc. - Overview
Exhibit 142: Restaurant Brands International Inc. - Business segments
Exhibit 143: Restaurant Brands International Inc. - Key news
Exhibit 144: Restaurant Brands International Inc. - Key offerings
Exhibit 145: Restaurant Brands International Inc. - Segment focus
12.17 Shamrock Foods Co.
Exhibit 146: Shamrock Foods Co. - Overview
Exhibit 147: Shamrock Foods Co. - Product / Service
Exhibit 148: Shamrock Foods Co. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 149: Inclusions checklist
Exhibit 150: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 151: Currency conversion rates for US$
13.4 Research methodology
Exhibit 152: Research methodology
Exhibit 153: Validation techniques employed for market sizing
Exhibit 154: Information sources
13.5 List of abbreviations
Exhibit 155: List of abbreviations