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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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Analyst Opinions
Top Trends in Foodservice – Industry Insights
Reasons to buy the ‘Top Trends in Foodservice’ industry insight report: Analyze the global foodservice trends to understand the market better. Understand the key market players, foodservice operators, consumer needs, and behavior within the foodservice industry. Examine the trends explored in this research report including off-premise dining, social media-driven menus, adult beverage innovation, and tackling food waste. Explore the key trends that foodservice operators can tap to succeed in the foodservice market. How is our ‘Top Trends in Foodservice’ report...
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Company Insights
Innovation and Patenting activity of The Wendys Co Q1 2024
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of The Wendys Co Q1 2024". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be...
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Company Insights
The Wendys Company – Company Overview and Analysis, 2023 Update
The Wendys Company Overview The Wendy’s Company (Wendy’s) is a quick-service hamburger restaurant chain that runs franchise and company-owned restaurants. The company offers a range of specialized hamburger sandwiches and a variety of cheeseburgers, wraps, chicken nuggets, French fries, beverages, sandwiches, baked potatoes, freshly prepared salads, sides, soft drinks, kids’ meals, and frosty desserts. The Wendys company analysis report provides key findings based on market analysis and brand diversification by industry and geography. The report also details deals and partnerships...
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Analyst Opinions
Ghost Kitchens in the Post-Pandemic Era – Trend Analysis
Ghost Kitchens in the Post-Pandemic Era Report Overview The pandemic encouraged brands to explore delivery-only concepts such as ghost kitchens. A kitchen setup wherein a single restaurant prepares various cuisines or multiple virtual restaurants share a kitchen is known as ghost kitchen. Dine-in channel continues to have the largest market share in the food service sector. However, the demand for home deliveries has increased significantly as well. Food service providers need to understand key markets for takeaway channel growth to...
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Analyst Opinions
Comfort and Uncertainty – Consumer TrendSights Analysis, 2023
Comfort and Uncertainty - Consumer TrendSights Report Overview The comfort and uncertainty mega-trend recognizes that consumers value safety, tradition, simplicity, and reassurance due to rising stress and uncertainty in their lives and the world around them. Â This is linked to a resurgence in old-fashioned craft traditions, all things local, and general caution towards change, in turn driving a greater preference for familiar brands and products that consumers know and trust. The comfort and uncertainty consumer trendsights research report will help...
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Company Insights
The Wendy’s Company – Digital Transformation Strategies
The Wendy’s Company – Digital Transformation Strategies Overview The Wendy’s Company (Wendy’s) has been focusing on using artificial intelligence, metaverse, big data, and mobile technologies to digitally transform its operations. The annual ICT spending of Wendy’s was estimated at $82.6 million for 2022. A major share of this spending is earmarked for acquiring ICT services, hardware, and consulting from vendors. Wendy’s operates, develops, and franchises a network of quick-service restaurants. Wendy’s specializes in made-to-order hamburgers, baked potatoes, freshly prepared salads,...
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Company Profile
The Wendys Co – Company Profile
The Wendys Co (Wendy’s) is a quick-service hamburger restaurant company. The company operates both franchise and company owned restaurants. Wendy’s offers a range of menu specializing in hamburger sandwiches and a variety of cheeseburgers, wraps, chicken nuggets, French fries, beverages, sandwiches, baked potatoes, freshly prepared salads, sides, soft drinks, kids’ meal and Frosty desserts. The company also offers promotional products at times. Wendy’s offers breakfast in some restaurants in the US. Wendy’s free-standing restaurants include dining facility along with a...
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Thematic Analysis
Impact of the Metaverse on Foodservice – Thematic Intelligence
Metaverse in Foodservice Industry Thematic Intelligence Report Overview Customer engagement is expected to drive metaverse investment in the foodservice industry in the coming years. Although eating cannot be automated, several fast-food chains have proven the power of this technology, entering the market with skillful advertising and customer engagement strategies. For instance, most of the foodservice use cases involve gamification whose rewards can be then redeemed for real food in restaurants. Food brands leverage the metaverse to foster their relationship with...
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Thematic Analysis
Social Responsibility Trends in Foodservice – Thematic Intelligence
This report analyzes the impact of social responsibility pressures on the Foodservice sector. Who Should Buy Senior executives and ESG executives in Foodservice industry.