Food Service Market in APAC by Product, Type, and Geography - Forecast and Analysis 2021-2025

The food service market size in APAC is expected to grow by USD 317.03 billion and record a CAGR of 5.20% during 2021-2025.

This post-pandemic food service market report of APAC has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this food service market analysis report of APAC, key drivers such as changing lifestyles and rise in demand for convenient food have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as growing preference for home-cooked food, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Food Service Market Size in APAC be in 2021?

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Who are the Key Vendors in the Food Service Market in APAC?

The food service market forecast report of APAC provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

• Barista Coffee Co. Ltd.
• Del Taco Restaurants Inc.
• Dominos Pizza Inc.
• McDonald Corp.
• Papa Johns International Inc.
• Restaurant Brands International Inc.
• Seven and i Holdings Co. Ltd.
• Starbucks Corp.
• The Wendys Co.
• YUM! Brands Inc.

The food service market in APAC is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This food service market report of APAC further entails segmentation by product (food sales and beverage sales), type (restaurants, delivery and takeaway, fast foods, cafes and bars, and others), and geography (China and Rest of APAC). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Food Service Market in APAC?

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The report offers an up-to-date analysis of the geographical composition of the market. China had the largest market share in the food service market in APAC in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

62% of the market’s growth will originate from China during the forecast period. This report provides estimations of the contribution of all regions to the growth of the food service market size in APAC.

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What are the Key Factors Covered in this Food Service Market Report of APAC?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive food service market growth in APAC during the next five years
• Precise estimation of the foodservice market size in APAC and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the food service industry across China and the rest of APAC
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of food service market vendors in APAC

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