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Analyst Opinions
Top Trends in Foodservice – Industry Insights
Top Trends in Foodservice Report Overview The foodservice industry has rebounded from the pandemic and has drastically changed consumer behaviour vis-Ã -vis, placing orders, payment options, food choices, and consumption patterns. Asia remains the largest foodservice market globally, with the second-highest transaction growth because of the integration of technology in foodservice operations. This is making it easier and more efficient to order food, access a wider range of choices, and have food delivered from a digital device. The trends in the...
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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
Australia 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
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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Thematic Analysis
Foodservices M&A Deals 2023 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in 2023 in the Foodservice Sector
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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
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 ($146.1 billion) in 2022 and is forecast to attain a CAGR of over 11% during 2022-2027. This growth can be attributed to the strong comeback of the Japanese tourism sector post the pandemic. Furthermore, factors such as the reopening of Japan's borders for foreign visitors, easing of entry restrictions, and reinstating of visa exceptions in June 2022 also will lead to the market’s growth during...
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Sector Analysis
Foodservice Sector ICT Market Size and Forecast (by Country, IT Solution Area and Vertical) to 2027
Food Service Sector ICT Market Overview The global food service sector ICT market was valued at US$ 76.29 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 10.02% to reach US$ 122.97 billion by 2027. The cumulative revenue generation for ICT in the food service sector is estimated at US$ 579.31 billion for 2022-2027. Food Service Sector ICT Market Outlook, 2022-2027 (US$ Billion) Buy the Full Report for More Insights into the Food Service Sector...