Food Service

Format: 2017-02-22
Format: 2017-02-22
January 13, 2017 | 74 Pages | SKU: IRTNTR11546

Overview of the global foodservices disposable market

The global foodservices disposable market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The growing market for food delivery and takeaway services will drive the growth prospects for the global foodservices disposable market until the end of 2021. It has been observed that with the growing penetration of Internet and the use of mobile applications and online portals, many people prefer ordering food items through online platforms. This drives the demand for food delivery and takeaway services and fuels the growth of the foodservices disposables market. Also, a number of QSRs, FCRs, cafes, and pizzerias use good quality paper containers, corrugated pizza boxes, multi-layered paper cups with straws, and wraps to parcel and deliver the food item to customer’s address. Some of the major factors responsible for the growing rate of delivery and takeaway food is the high purchasing power of consumers and increasing consumer expenditure in some of the strong emerging economies like China, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Furthermore, these takeaway outlets are focusing on expanding their consumer base in APAC by spending more on promotional activities to attract more customers.

The rising demand for UV-cured inks will drive the growth prospects for the global foodservices disposable market in the forthcoming years. It has been noted that a large number of food outlets are marketing their brand by using disposable materials such as paper and plastic cups, plates and trays, and containers with customized prints and designs, including the name and logo. Furthermore, UV-cured inks are used to print the


August 29, 2016 | 64 Pages | SKU: IRTNTR10166

Global outlook of the delivery and takeaway food market

Technavio’s market research analyst predicts that the global delivery and takeaway food market will exceed USD 100 billion between 2016 and 2020. There is growing preference for online shopping among consumers owing to their hectic schedules and busy lifestyles. The increased internet penetration, quick access to smartphones, and simplified e-banking systems have resulted in more purchases through the online channels. This has propelled several food chains to shift towards online portals to enhance online ordering by offering improved selection, convenience, transparency, and security to the customers. Most of the orders received by these food portals are through mobile phones as these provide consumers a secure and easy way to pay and order food from local takeaway restaurants. Consumers can also track their order through their smartphones through real-time order tracking. With the continuous growth in the online orders, the role of social media in the purchase decisions of consumers has increased significantly. Takeaway restaurants and food delivery portals are using social media platforms to connect with customers to obtain their experiences and feedback.

Consumers are opting for nutritious food restaurants over fast food while ordering online or for takeaway. They are willing to pay more for the healthy, fresh, and low-calorie food served at these restaurants. Such requirements have propelled several quick service restaurants (QSRs) to introduce nutritious and healthy meals in their fast food menus. They are offering half or full size salads containing fruits and fresh


July 04, 2016 | 69 Pages | SKU: IRTNTR8603

Overview of the foodservice market in the US

Technavio’s market research analyst predicts the foodservice market in the US to grow at a CAGR of more than 3% by 2020.. Due to factors like changing consumer preferences, new lifestyle choices, and demographic shifts, the foodservice sector will constantly evolve during the forecast period. Moreover, due to the strengthening of the economy in the US, more people will be employed. This increase in the employment rate will augment the populace’s disposable income, which in turn will impel their spending on food products. According to the US Department of Agriculture (USDA), the food-away-from-home (FAFH) category amounted to 42% of the total household expenditure in 2012.

The hectic and busy work schedules of the populace in this region are responsible for the growing demand for drive-thru or on-the-go food products. Moreover, factors such as the availability of hygienic food products for students and working population, and their rising need to eat in cafeterias, canteens, and restaurants will stimulate the prospects for growth in the foodservice market in the US during the forecast period.

Segmentation by type and analysis of the foodservice market in the US

  • Commercial
  • Non-commercial

The commercial segment dominated the foodservice market in the US and accounted for approximately three-fourth of the total market share in 2015. This segment includes restaurants, cafés, hotels, pubs, nightclubs and bars, takeaways, and others sub-segments, which includes travel and leisure hotels and retail hosts. Nowadays, consumers are overwhelmed by their lifestyle obligations and have limited time to prepare food. Therefore, they look for convenient and easy methods of preparing and even consuming food.

Competitive landscape and key vendors


November 04, 2015 | 50 Pages | SKU: IRTNTR7307

Market analysis of QSR

A quick service restaurant (QSR) originated in the US in the 1920s and serves swiftly prepared fast food that includes both sweet and savory dishes. Technavio’s market research analyst predicts the global QSR market to grow at a CAGR of around 6% during the forecast period. The increased demand for convenient or on-the-go products is the driving factor for the growth of this market. APAC is predicted to be the fastest-growing market during the forecast period.

The growing health awareness is expected to pose challenges for the growth of the QSR market. As most of the products are processed fast foods, it is high in fat resulting in high BMI and weight gain. Many stringent government regulation and documentaries such as 'Super-Size Me' have educated the consumers on the negative impacts of fast food consumption. For instance, during 2010, Puerto Rico’s government passed a law to ban the sale of fast food from vending machines in all the public schools. This step was taken as an attempt to reduce the obesity rate among the children.

Service based segmentation and analysis of the QSR market

  • Eat-in
  • Take-out
  • Mobile and street vendors

During 2014, the eat-in segment dominated the service based QSR market, accounting for nearly 67% of the market share. In spite of the time-crunch majority of the consumers prefer eating out. Companies such as Taco Bell, KFC, and McDonalds offer eat-in service with interiors and atmosphere comparable to those of their casual dining counterparts.

Segmentation by end user and analysis of the QSR market

  • Male
  • Female

Male


September 23, 2015 | 60 Pages | SKU: IRTNTR7278

Market outlook of the e-grocery market in India

E-grocery allows consumers to purchase grocery online through various mediums such as cash on delivery (COD), credit cards, and internet banking without any time and location constraints. The e-grocery market constitutes a major part of the overall online retail market in India. The rising disposable income and growing digital awareness among consumers are fueling the market growth in India. Technavio’s market research analyst projects the e-grocery market in India to grow at a tremendous rate of around 26% during the forecast period.

The increased internet penetration has been a fundamental driver behind the growth of the e-grocery market in India. Social media has impacted the growth of online consumers dynamically in Tier I cities. For instance, Big Basket's Facebook page updates their customers about the extensive options and discounts available in different categories.

Competitive landscape and key vendors

The e-grocery market in India is witnessing intense competition among vendors based on pricing strategies and innovative services. This research report predicts the competition in the market to intensify during the forecast period as a result of product extensions.

The top five vendors in the market are –

  • AaramShop
  • BigBasket
  • Jiffstore
  • Localbanya
  • Nature's Basket
  • ZopNow

Other vendors in the market include Bazaar Cart, Farm2Kitchen, Grofers, MyGrahak, My247Market, PepperTap, Reliance Fresh Direct, and Veggie Bazaar.

Product based segmentation and analysis of the e-


July 29, 2015 | 52 Pages | SKU: IRTNTR6777

About Grocery Retail
The UK grocery retail market primarily comprises five retail distribution channels: hypermarkets and superstores, small supermarkets, convenience stores, hard discounters, and online retailing.

Technavio's analysts forecast the grocery retail market in the UK to grow at a CAGR of 2.23% in terms of revenue over the period 2014-2019.

Covered in this Report
The report presents the vendor landscape and a detailed analysis of the four key vendors in the grocery retail market in the UK. It also discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at a macro level, and the key trends emerging in the market.

Technavio's report, Grocery Retail Market in UK 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the grocery retail market in the UK and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market. 

Key Vendors
• Asda Stores
• J Sainsbury
• Tesco
• Wm Morrison Supermarkets

Other Prominent Vendors
• 99p Stores
• Aldi
• Co-operative Group
• Greencore
• Iceland Foods
• Lidl
• Ocado
• Poundland

Market Driver
• Increased Demand for Convenience Foods
• For a full, detailed list, view our report.

Market Challenge
• Increased Competition
• For a full, detailed list, view our report

Market Trend
• Increase in Number of Discount Retailers
• For a full, detailed list, view our report

Key Questions Answered in this Report


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