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Sector Analysis
NewFrance Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
France Foodservice Market Report Overview The France foodservice profit sector recorded revenue of EUR147 billion ($158.9 billion) in 2023 and is forecast to record a CAGR of over 3% during 2023-2028. Healthy offerings will drive foodservice sales in the profit sector, supported by consumers’ rising health awareness. Vegetarian and vegan diets will gain popularity in the coming years. France Foodservice Profit Sector Outlook 2023-2028, (EUR Billion) Buy the Full Report for More Insights on the France Foodservice Market Forecast Download...
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Sector Analysis
NewUnited States (US) Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
United States (US) Foodservice Market Report Overview The US profit sector recorded sales of $1,087.1 billion in 2022 and is forecast to record a CAGR of over 3% during 2022-2027. The following are a few of the key highlights provided in the market report: The increase in consumer demand for restaurant dining and eating outside of the home after the removal of COVID-19 restrictions is one of the key factors driving the market growth. The QSR was the leading profit...
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Thematic Analysis
NewFoodservices M&A Deals, Q1 2024 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q1 2024 in the Foodservice Sector
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Sector Analysis
NewSpain Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
“Spain – The Future of Foodservice to 2028” published by GlobalData provides extensive insight and analysis of the Spanish Foodservice market over the next five years (2023–28) and acts as a vital point of reference for operators or suppliers. Spain’s GDP per capita growth declined from 9.2% in 2022 to 7.5% in 2023. Moreover, nominal GDP growth fell from 10.2% to 8.7% due to high interest rates and increased fuel prices. However, non-energy exports and an uptick in tourism aided...
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Sector Analysis
Chile Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
Chile Foodservice Market Report Overview The Chile foodservice profit sector recorded sales of CLP8 trillion ($9.5 billion) in 2023 and is forecast to record a healthy CAGR of over 9% during 2023-2028. In 2023, Chile’s tourism sector fully rebounded as the country emerged from the downturn caused by the pandemic. Coastal resorts were once again busy with foreign tourists, serving as a reliable reservoir of foreign reserves. Chile Foodservice Profit Sector Outlook 2023-2028, (CLP Trillion) Buy the Full Report for...
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Sector Analysis
NewUnited Kingdom (UK) Easter Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
United Kingdom (UK) Easter Market Report Overview The proportion of consumers agreeing that they did more Easter activities this year versus last year waned in 2024, as consumers opted for other activities during the long weekend. However, among those consumers with children, participation remained high, with over 62% of consumers with their youngest child being between 0-4 years of age agreeing that they did more Easter-related activities this year. As a result, retailers promoted various activities to encourage participation in...
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Sector Analysis
NewCanada Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
“Canada – The Future of Foodservice to 2028” published by GlobalData provides extensive insight and analysis of the Canadian Foodservice market over the next five years (2023–28) and acts as a vital point of reference for operators or suppliers. Canada’s GDP per capita declined by 1.1% in 20231. This decline is attributable to the Russia–Ukraine conflict that compounded the domestic banking sector’s challenges. High inflation and increasing interest rates significantly hampered the consumer sentiment. In 2023, the working-age population (aged...
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Sector Analysis
Argentina Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
Argentina Foodservice Market Report Overview The Argentina profit sector’s total revenue was estimated at ARS4.1 trillion ($14 billion) in 2023 and will grow at a robust CAGR of over 59% during 2023-2028. The following are some of the key highlights of the Argentina foodservice market: Argentina’s foodservice profit sector growth was propelled by the resumption of tourism activities and the reopening of foodservice outlets. Take-away fared better than dine-in services during 2016-2021. As the country resumes its tourism activities, dine-in...
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Company Insights
NewMGM Resorts International – Digital Transformation Strategies
MGM Resorts Digital Transformation Strategies Overview MGM Resorts has been focusing on using Virtual and augmented reality, AI, IoT, cloud, big data and robotics, blockchain, connectivity, metaverse, digital payments, gamification, social media, innovation, future of work, and automation to digitally transform its operations. The annual ICT spending of MGM was estimated at $1.0 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware services from vendors. MGM Resorts is a multinational...
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Sector Analysis
Mexico Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
Mexico Foodservice Market Report Overview The Mexico foodservice profit sector recorded sales of MXN1.7 trillion ($84 billion) in 2023. The Mexican foodservice market will register a relatively strong CAGR of over 8% for 2023-2028. The following are some of the key highlights of the Mexico foodservice market: In 2023, increase in the number of international tourist arrivals drove the Mexico foodservice market growth. The QSR was the largest profit sector channel by value sales in the Mexican foodservice market in...