Foodservice Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026
- Published: Aug 2022
- Pages: 157
- SKU: IRTNTR40123
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The foodservice market share is expected to increase by USD 10.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 28.15%.
This market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by food service (conventional, centralized, ready-prepared, and assembly-serve), sector (commercial and non-commercial), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The market report also offers information on several market vendors, including Abela and Co. LLC, Aramark, Chick fil A Inc., Compass Group Plc, Dominos Pizza Inc., FOOD and LIFE COMPANIES Ltd., Inspire Brands Inc., Jack in the Box Inc., Jollibee Foods Corp., Little Caesar Enterprises Inc., McDonald Corp., MOS Food Services Inc., Papa Johns International Inc., Performance Food Group Co., Restaurant Brands International Inc., Sodexo SA, Starbucks Co., Sysco Corp., The Wendys Co., and YUM Brands Inc. among others.
What will the Foodservice Market Size be During the Forecast Period?
Download Report Sample to Unlock the Market Size for the Forecast Period and Other Important Statistics
Foodservice Market: Key Drivers, Trends, and Challenges
The increasing demand for fast food and packaged food is notably driving the market growth, although factors such as labour shortages in the food service sector may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Market Driver
One of the key factors driving the global foodservice industry growth is the rising demand for fast food and packaged food service. Mobile food service can be performed using trailers, food trucks, carts, and food stands. Mobile foodservice outlets have a higher success rate than brick-and-mortar restaurants, primarily due to the low investments required to set up such establishments. The growth of mobile foodservice outlets is mainly attributed to factors such as low initial capital investments and the increasing popularity of street food among the urban youth population. The demand for mobile food service is very high in countries such as the US, India, Brazil, Thailand, and Indonesia. Many brick-and-mortar food chains are launching food trucks due to their growing popularity. Major food service chains, such as Starbucks, Chick-Fil-A Inc., and White Castle Management Co., experiment with food trucks to increase their customer reach. Hence, the growth of the mobile market is expected to support the growth of the market during the forecast period.
Key Market Trend
The emergence of ghost kitchens is one of the key market trends that is expected to impact the industry positively in the forecast period. Ghost kitchens contain the kitchen equipment and facilities needed for the preparation of meals and other food items but have no dining area. These kitchens have emerged as a business model due to the rapid increase in consumer demand for food delivery. In addition, there is a rise in the number of online food orders owing to the emergence of new online platforms. In the current scenario, as most people across the globe are habituated to the use of the Internet and mobile applications, many people prefer ordering food through mobile applications and online portals. For instance, the global online food delivery market is expected to expand at a CAGR of around 9% from 2019 to 2023. The adoption of ghost kitchens helps reduce the rent and labour costs incurred by restaurants. Thus, the emergence of ghost kitchens is expected to augment the growth of the global market during the forecast period.
Key Market Challenge
One of the key challenges to the global foodservice industry growth is the labor shortages for food delivery in the foodservice sector. According to the US Bureau of Labor Statistics, the number of jobs in food service outlets and drinking establishments is expected to increase by 6% between 2014 and 2024. Owing to a rise in the requirements for workers, in July 2018, Taco Bell, a subsidiary of Yum! Brands, held hiring parties, featuring free food, to attract job candidates. However, the number of people willing to take up jobs in restaurants and fast-food outlets is declining, and this is creating labor shortages in the foodservice sector. Restaurants in countries such as the US and Japan are facing an acute labor shortage. The decrease in the availability of labor is mainly attributed to factors such as fewer teenagers in the workforce and low unemployment rates. Such factors may limit the market growth in the coming years.
This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global market as a part of the global hotels, restaurants, and leisure market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.
Who are the Major Foodservice Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Abela and Co. LLC
- Aramark
- Chick fil A Inc.
- Compass Group Plc
- Dominos Pizza Inc.
- FOOD and LIFE COMPANIES Ltd.
- Inspire Brands Inc.
- Jack in the Box Inc.
- Jollibee Foods Corp.
- Little Caesar Enterprises Inc.
- McDonald Corp.
- MOS Food Services Inc.
- Papa Johns International Inc.
- Performance Food Group Co.
- Restaurant Brands International Inc.
- Sodexo SA
- Starbucks Co.
- Sysco Corp.
- The Wendys Co.
- YUM Brands Inc.
This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market.
Product Insights and News
- Aramark - The company offers food service to end-users in the educational institutes, healthcare, and K12 sections, as well as workplaces.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Foodservice Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for the Market?
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43% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for food services in APAC. Market growth in this region will be faster than the growth of the market in regions.
The need for convenience is increasing with an increase in the number of busy and time-pressed consumers, which, in turn, is influencing the demand for convenient food options that will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The spread of COVID-19 hampered the steady growth of the regional market in 2020. The market in APAC was adversely impacted owing to the rapid increase in the number of COVID-19 cases. The pandemic affected the workforce, raw material supply, intermediate food products, and trade and logistics, leading to demand-supply volatility and uncertain consumer demand in the regional market in 2020. However, with the introduction of several vaccines in 2021, the market is likely to witness a strong economic recovery in the region during the forecast period.
What are the Revenue-generating Foodservice System Segments in the Foodservice Market?
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The market share growth by the conventional segment will be significant during the forecast period. The use of the conventional foodservice system ensures customers that the food is freshly prepared and customized to their liking. This food service system is used primarily in schools, universities, restaurants, and cafeterias. Food that is prepared using the conventional system may be distributed for service directly to dining rooms or lunch counters. The system offers consumers freshly prepared food and flexible menu options. These advantages are likely to drive the growth of the conventional segment of the global market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.
Foodservice Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 28.15% |
Market growth 2022-2026 |
$ 10.13 billion |
Market structure |
Fragmented |
YoY growth (%) |
27.98 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 43% |
Key consumer countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Abela and Co. LLC, Aramark, Chick-fil-A Inc., Compass Group Plc, Dominos Pizza Inc., FOOD and LIFE COMPANIES Ltd., Inspire Brands Inc., Jack in the Box Inc., Jollibee Foods Corp., Little Caesar Enterprises Inc., McDonald Corp., MOS Food Services Inc., Papa Johns International Inc., Performance Food Group Co., Restaurant Brands International Inc., Sodexo SA, Starbucks Co., Sysco Corp., The Wendys Co., and YUM Brands Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Foodservice Market Report?
- CAGR of the market during the forecast period 2022-2026.
- Detailed information on factors that will drive market growth during the next five years.
- Precise estimation of the market size and its contribution to the parent market.
- Accurate predictions on upcoming trends and changes in consumer behaviour.
- The growth of the market industry across APAC, North America, Europe, South America, the Middle East, and Africa.
- A thorough analysis of the market’s competitive landscape and detailed information on vendors.
- Comprehensive details of factors that will challenge the growth of market vendors.
We can help! Our analysts can customize this report to meet your requirements. Get in touch
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 Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Foodservice System
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Sector
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Foodservice System
- 5.1 Market segments
- Exhibit 25: Chart on Foodservice System - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Foodservice System - Market share 2021-2026 (%)
- 5.2 Comparison by Foodservice System
- Exhibit 27: Chart on Comparison by Foodservice System
- Exhibit 28: Data Table on Comparison by Foodservice System
- 5.3 Conventional - Market size and forecast 2021-2026
- Exhibit 29: Chart on Conventional - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Conventional - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Conventional - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Conventional - Year-over-year growth 2021-2026 (%)
- 5.4 Centralized - Market size and forecast 2021-2026
- Exhibit 33: Chart on Centralized - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Centralized - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Centralized - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Centralized - Year-over-year growth 2021-2026 (%)
- 5.5 Ready-prepared - Market size and forecast 2021-2026
- Exhibit 37: Chart on Ready-prepared - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Ready-prepared - Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Ready-prepared - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Ready-prepared - Year-over-year growth 2021-2026 (%)
- 5.6 Assembly-serve - Market size and forecast 2021-2026
- Exhibit 41: Chart on Assembly-serve - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Data Table on Assembly-serve - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Chart on Assembly-serve - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Assembly-serve - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Foodservice System
- Exhibit 45: Market opportunity by Foodservice System ($ million)
6 Market Segmentation by Sector
- 6.1 Market segments
- Exhibit 46: Chart on Sector - Market share 2021-2026 (%)
- Exhibit 47: Data Table on Sector - Market share 2021-2026 (%)
- 6.2 Comparison by Sector
- Exhibit 48: Chart on Comparison by Sector
- Exhibit 49: Data Table on Comparison by Sector
- 6.3 Commercial - Market size and forecast 2021-2026
- Exhibit 50: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 6.4 Non-Commercial - Market size and forecast 2021-2026
- Exhibit 54: Chart on Non-Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Non-Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Non-Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Non-Commercial - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Sector
- Exhibit 58: Market opportunity by Sector ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 60: Chart on Market share by geography 2021-2026 (%)
- Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 62: Chart on Geographic comparison
- Exhibit 63: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2021-2026
- Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.4 North America - Market size and forecast 2021-2026
- Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.5 Europe - Market size and forecast 2021-2026
- Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 China - Market size and forecast 2021-2026
- Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.9 US - Market size and forecast 2021-2026
- Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.10 Germany - Market size and forecast 2021-2026
- Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.11 Japan - Market size and forecast 2021-2026
- Exhibit 96: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 8.12 India - Market size and forecast 2021-2026
- Exhibit 100: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 104: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 108: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 109: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 11.3 Aramark
- Exhibit 111: Aramark - Overview
- Exhibit 112: Aramark - Business segments
- Exhibit 113: Aramark - Key offerings
- Exhibit 114: Aramark - Segment focus
- 11.4 Compass Group Plc
- Exhibit 115: Compass Group Plc - Overview
- Exhibit 116: Compass Group Plc - Business segments
- Exhibit 117: Compass Group Plc - Key offerings
- Exhibit 118: Compass Group Plc - Segment focus
- 11.5 Dominos Pizza Inc.
- Exhibit 119: Dominos Pizza Inc. - Overview
- Exhibit 120: Dominos Pizza Inc. - Business segments
- Exhibit 121: Dominos Pizza Inc. - Key news
- Exhibit 122: Dominos Pizza Inc. - Key offerings
- Exhibit 123: Dominos Pizza Inc. - Segment focus
- 11.6 Inspire Brands Inc.
- Exhibit 124: Inspire Brands Inc. - Overview
- Exhibit 125: Inspire Brands Inc. - Product / Service
- Exhibit 126: Inspire Brands Inc. - Key offerings
- 11.7 McDonald Corp.
- Exhibit 127: McDonald Corp. - Overview
- Exhibit 128: McDonald Corp. - Product / Service
- Exhibit 129: McDonald Corp. - Key news
- Exhibit 130: McDonald Corp. - Key offerings
- 11.8 Performance Food Group Co.
- Exhibit 131: Performance Food Group Co. - Overview
- Exhibit 132: Performance Food Group Co. - Business segments
- Exhibit 133: Performance Food Group Co. - Key offerings
- Exhibit 134: Performance Food Group Co. - Segment focus
- 11.9 Restaurant Brands International Inc.
- Exhibit 135: Restaurant Brands International Inc. - Overview
- Exhibit 136: Restaurant Brands International Inc. - Business segments
- Exhibit 137: Restaurant Brands International Inc. - Key news
- Exhibit 138: Restaurant Brands International Inc. - Key offerings
- Exhibit 139: Restaurant Brands International Inc. - Segment focus
- 11.10 Sodexo SA
- Exhibit 140: Sodexo SA - Overview
- Exhibit 141: Sodexo SA - Business segments
- Exhibit 142: Sodexo SA - Key news
- Exhibit 143: Sodexo SA - Key offerings
- Exhibit 144: Sodexo SA - Segment focus
- 11.11 Starbucks Co.
- Exhibit 145: Starbucks Co. - Overview
- Exhibit 146: Starbucks Co. - Business segments
- Exhibit 147: Starbucks Co. - Key news
- Exhibit 148: Starbucks Co. - Key offerings
- Exhibit 149: Starbucks Co. - Segment focus
- 11.12 YUM Brands Inc.
- Exhibit 150: YUM Brands Inc. - Overview
- Exhibit 151: YUM Brands Inc. - Business segments
- Exhibit 152: YUM Brands Inc. - Key news
- Exhibit 153: YUM Brands Inc. - Key offerings
- Exhibit 154: YUM Brands Inc. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 155: Inclusions checklist
- Exhibit 156: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 157: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 158: Research methodology
- Exhibit 159: Validation techniques employed for market sizing
- Exhibit 160: Information sources
- 12.5 List of abbreviations
- Exhibit 161: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- Japan
- India
- Germany
- Increasing demand for food away from home
- New product launches
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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