This report provides an in-depth evaluation the global foodservice market, including analysis of the key issues impacting on the industry.
The profit sector is projected to achieve a CAGR of 4.8% during 2023-28, reaching value sales of $5.5 trillion in 2028. The transaction count will yield a CAGR of 2.7% over 2023-28, and the number of outlets will record a CAGR of 1%.
This report includes:
- Consumer insight and analysis to provide a clear view of prevailing need states, trends, and demands of consumers, including segmentation analysis and channel preference, all fully supported by comprehensive market data and occasions and locations analytics.
- In-depth analysis of channel performance, detailing the winning formats, with supporting analysis to provide a comprehensive understanding of the reasons behind success and failure.
- For each of the four key profit sector channels - QSR, FSR, coffee and tea shops, and pub, club & bar - a deep dive into the ‘who’, ‘why’, ‘what’, ‘where’, and ‘what next’.
- Analysis of major market player performance, and how each player is meeting the needs of consumers and dealing with changing market demands, with supporting case studies on key menu, service, and format innovations.
The profit sector is projected to achieve a CAGR of 4.8% during 2023-28, reaching value sales of $5.5 trillion in 2028. The transaction count will yield a CAGR of 2.7% over 2023-28, and the number of outlets will record a CAGR of 1%.
Scope
Profit sector channels:
- A number of foodservice channels have been grouped together to form the “profit sector”; these include accommodation, leisure, restaurants, retail, travel, workplace, and pub, club & bar. This section will first go through overall trends in the sector, then “deep dive” into each of the four key channels. These channels are quick-service restaurant (QSR), full-service restaurant (FSR), coffee & tea shop, and pub, club & bar. The report structure for each of these channels is explained on the next page.
Cost sector channels:
- A number of foodservice channels have been grouped together to form the “cost sector”; these include education, healthcare, military & civil defense, and welfare & services. This sector typically represents the state’s foodservice operators. This section of the report will go through overall trends in the sector.
Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2023-28) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, coffee & tea shop, and pub, club & bar) will allow readers understand the wants and needs of their target demographics.
Table of Contents
- Introduction
- Report Guide
- Executive Summary
- Profit Sector Metrics
- Overview
- Key Metric Highlights
- Value Share and Growth by Channel
- Outlets and Transactions Growth by Channel
- Operator Buying Volumes and Growth by Channel
- Outlet-Type and Owner-Type Growth Dynamics - Historic & Future Channel Performance Dynamics
- Quick-Service Restaurant (QSR)
- Summary & Key Points
- Metrics
- Key Players
- Who?
- Why?
- What?
- Where?
- What Next?
- Full-Service Restaurant (FSR)
- Summary & Key Points
- Metrics
- Key Players
- Who?
- Why?
- What?
- Where?
- What Next?
- Coffee & Tea Shop
- Summary & Key Points
- Metrics
- Key Players
- Who?
- Why?
- What?
- Where?
- What Next?
- Pub, Club & Bar
- Summary & Key Points
- Metrics
- Who?
- Why?
- What?
- Where?
- What Next?
- Cost Sector Metrics
- Cost Operator Trends - Historic and Future Growth
- Data and Channel Share Breakdown
- Region Deep-Dive
- Appendix
- Profit Sector Metrics
- Restaurant outlet types: value growth (CAGR 2023-28)
- Restaurant owner types: value growth (CAGR 2023-28)
- QSR: Metrics: Growth Dynamics
- QSR: What? Food & Drink Split: Operator buying price value
- FSR: Metrics: Growth Dynamics
- FSR: What? Food & Drink Split: Operator buying price value
- Coffee & Tea Shop: Metrics: Growth Dynamics
- Coffee & Tea Shop: What? Food & Drink Split: Operator buying price value
- Pub, Club & Bar: Metrics: Growth Dynamics
- Pub, Club & Bar: What? Food & Drink Split: Operator buying price value
- Cost Operators: Data and Channel Share Breakdown Americas: Profit Sector Metrics Americas: QSR Growth Dynamics Americas: FSR Growth Dynamics Americas: Coffee & Tea Shop Growth Dynamics Americas: Pub, Club & Bar Growth Dynamics Asia-Pacific: Profit Sector Metrics Asia-Pacific: QSR Growth Dynamics Asia-Pacific: FSR Growth Dynamics Asia-Pacific: Coffee & Tea Shop Growth Dynamics Asia-Pacific: Pub, Club & Bar Growth Dynamics Eastern Europe: Profit Sector Metrics Eastern Europe: QSR Growth Dynamics Eastern Europe: FSR Growth Dynamics Eastern Europe: Coffee & Tea Shop Growth Dynamics Eastern Europe: Pub, Club & Bar Growth Dynamics Middle East and Africa: Profit Sector Metrics Middle East and Africa: QSR Growth Dynamics Middle East and Africa: FSR Growth Dynamics Middle East and Africa: Coffee & Tea Shop Growth Dynamics Middle East and Africa: Pub, Club & Bar Growth Dynamics Western Europe: Profit Sector Metrics Western Europe: QSR Growth Dynamics Western Europe: FSR Growth Dynamics Western Europe: Coffee & Tea Shop Growth Dynamics Western Europe: Pub, Club & Bar Growth Dynamics
2023 value sales and channel shares
- Historic and future performances (value performance)
- Historic and future outlet number dynamics
- Historic and future performances (transactions)
- Profit channels’ historic and future buying volume performances (liter m)
- Profit channels’ historic and future buying volume performances (kg m) Channel dynamics in the profit sector, 2018-23 Channel dynamics in the profit sector, 2023-28
- Restaurant outlet types: 2023 value
- Restaurant owner types 2023: value
- QSR: Operator share of sales, 2023
- How often do you consume food and drinks at QSRs? By age group
- How often do you consume food and drinks at QSRs? By gender
- Influential factors for frequent consumers on choice of food/drinks at QSR- always/often
- Important factors for frequent consumers when deciding to make a purchase at QSR - essential/nice-to-have
- QSR: Total profit sector OSP by channel 2023
- QSR cuisine by number of outlets
- QSR: Top cuisine by maturity - by number of outlets (listed on online platforms), 2024
- QSR: Top five food dishes’ penetration in QSR, 2024
- QSR: Top ten ingredients’ penetration in QSR, 2024
- QSR by cuisine type, 2023 OSP
- QSR by location type, 2023 OSP
- FSR: Operator share of sales, 2023
- How often do you consume food and drinks at FSRs? By age group
- How often do you consume food and drinks at FSRs? By gender
- Influential factors for frequent consumers on choice of food/drinks at FSR- always/often Importance of factors for frequent consumers when deciding to make a purchase at FSR - essential/nice to have Total Total profit sector OSP, by channel, 2023
- FSR cuisine by number of outlets
- FSR: Top cuisine by maturity - by number of outlets (listed on online platforms), 2024
- FSR: Top five food dishes’ penetration in FSR, 2024
- FSR: Top ten ingredients’ penetration in FSR, 2024
- FSR by cuisine type, 2023 OSP
- FSR by location type, 2023 OSP
- Coffee & tea shop: Operator share of sales, 2023
- How often do you consume food and drinks at coffee & tea shops? By age group
- How often do you consume food and drinks at coffee & tea shops? By gender
- Influential factors for frequent consumers on choice of food/drinks at coffee & tea shops - always/often
- Important factors for frequent consumers when deciding to make a purchase at coffee & tea shops - essential/nice-to-have Coffee & Tea Shop: What? Starbucks: Case Study: Which of the following features has the greatest influence on your choice of food and drinks in the current situation? - How enjoyable or unique the product/service is Coffee & Tea Shop: What? Ted’s Coffee Company: Case Study: How important is the following factor while making a purchase? - Plant-based
- Coffee & tea shop by location type, 2023 OSP
- Pub, club & bar: Operator share of sales, 2023
- How often do you consume food and drinks at pub, club & bar? By age group
- How often do you consume food and drinks at pub, club & bar? By gender
- Influential factors for frequent consumers on choice of food/drinks at pub, club & bar - always/often
- Important factors for frequent consumers when deciding to make a purchase at pub, club & bar - essential/nice-to-have
- Pub, club & bar by location type, 2023 OSP
- Channel dynamics in the cost sector, 2023-28
- Channel dynamics in the cost sector, 2023-28
- Cost Operators: Data and Channel Share Breakdown
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- McDonald’s
- Roark Capital Group
- Yum! Brands
- Darden Restaurants
- DineEquity
- Starbucks
- Dunkin’ Brands Group
- Restaurant Brands International
- Greene King
- Stonegate Group
- Heineken
