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Sector Analysis
NewArgentina 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. The resumption of travel and tourism post-COVID-19 pandemic will drive the market to grow at a robust CAGR of over 59% during 2023-2028. According to the Ministry of Tourism, Argentina recorded a surge in foreign tourist inflow in 2023. Visitors found the country more affordable because of the depreciating currency. Argentina Foodservice Profit Sector Outlook 2023-2028, (ARS Trillion) Buy the...
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Sector Analysis
NewMexico 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 number of transactions decreased due to operational restrictions on restaurants and travel bans in 2020 and 2021 during the COVID-19 pandemic. However, in 2023, the number of international tourist arrivals gradually increased, driving the market growth positively. The Mexican foodservice market will register a relatively strong CAGR of over 8% for 2023-2028. Mexico Foodservice Profit Sector Outlook 2023-2028, (MXN Trillion)...
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Sector Analysis
NewSouth Africa Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
South Africa Foodservice Market Report Overview The South Africa foodservice profit sector revenue was ZAR585.1 billion ($35 billion) in 2023 and is expected to attain a CAGR of over 6% during 2023-2028. This profit sector reflects the popularity of convenient and budget-friendly offerings among consumers. Therefore, The QSR, FSR, mobile operator, retail, and coffee & tea shop channels registered growth during the period. South Africa Foodservice Profit Sector Outlook 2023-2028, (ZAR Billion) Buy the Full Report for More Insights on...
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Sector Analysis
NewNew Zealand Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
New Zealand Foodservice Market Report Overview The New Zealand foodservice profit sector recorded sales of NZD14.3 billion ($8.8 billion) in 2023 and is forecast to record a CAGR of over 5% during 2023-2028. Factors such as an increase in the number of transactions and rise in consumer demand for takeouts drive the New Zealand foodservice profit sector. New Zealand Foodservice Profit Sector Outlook , 2023-2028 (NZD Billion) Buy the Full Report for More Insights on the New Zealand Foodservice Market...
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Analyst Opinions
NewTop Trends in Foodservice – Industry Insights
This report explores how new needs and expectations amid an uncertain world will change how we interact with food. While the industry has certainly rebounded from the pandemic, there is no doubt that COVID-19 left a lasting mark on foodservice, from how consumers order and pay to the types of ingredients sourced and where meals are consumed. Indeed, some of the most important trends driving change in foodservice reflect the way in which the industry has adapted to changing consumer...
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Sector Analysis
NewAustralia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
Australia Foodservice Market Report Overview The Australian profit sector’s total revenue reached AUD97.8 billion ($67.7 billion) in 2023 and will attain a CAGR of over 4% during 2023-2028. This growth can be attributed to the strong comeback of the Australian tourism sector post the pandemic. Furthermore, factors such as the government’s investment in tourism, an increase in consumer demand, and a rise in social gatherings will support the growth of the sector. Australia Foodservice Profit Sector Outlook 2023-2028, (AUD Billion)...
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Sector Analysis
South Korea Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
South Korea Foodservice Market Overview The South Korea foodservice profit sector recorded sales of KRW131.1 trillion ($101.5 billion) in 2022 and is expected to attain a CAGR of over 6% during 2022-2027. This growth can be attributed to the comeback made by the South Korean tourism sector despite pandemic challenges. The South Korean government implemented measures to encourage easy travel through digitalization, by offering financial aid for small and medium enterprises in the form of vouchers. The South Korean government...
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Sector Analysis
NewUnited Kingdom (UK) Mother’s Day Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
The UK Mother's Day 2024 report forms part of GlobalData's Retail Occasions series, and offers a comprehensive insight into the consumer dynamics and spending habits of UK consumers for Mother's Day. The report analyses the major players, the main trends, and consumer attitudes. The proportion of UK consumers that participated in Mother’s Day has increased this year, but those spending on the event fell. This has largely been driven by consumers choosing to spend time with their families rather than...
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Sector Analysis
Japan Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
Japan Foodservice Market Report Overview The Japan foodservice profit sector recorded sales of JPY19.2 trillion ($146.1 billion) in 2022 and is forecast to attain a CAGR of over 11% during 2022-2027. This growth can be attributed to the strong comeback of the Japanese tourism sector post the pandemic. Furthermore, factors such as the reopening of Japan's borders for foreign visitors, easing of entry restrictions, and reinstating of visa exceptions in June 2022 also will lead to the market’s growth during...
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Sector Analysis
Future of Foodservice Industry by Channel, Trends, Profit and Cost Metrics, Outlet-Type, Transactions, Growth Dynamics and Forecast to 2027
Explore the following trends and analysis from our ‘Future of Foodservice’ market report: Identify the trends shaping the foodservice industry to enhance convenience for consumers​. Analyze the major profit sector and cost sector channels used in the foodservice industry. Assess the performance of each channel and get information on their historic and forecast growth or decline, key players within the channel, consumer segment analysis, case studies, and key drivers of future performance. Get a regional overview of the profit sector channels....