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Sector Analysis
NewMalaysia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
Malaysia Foodservice Market Report Overview The Malaysia foodservice profit sector generated a revenue of MYR80.9 billion ($18.4 billion) in 2022 and is forecasted to record a CAGR of over 6% during 2022-2027. The foodservice profit sector witnessed a decline during 2017-2022, primarily due to the pandemic-related operational restrictions on restaurants which severely impacted the sector during 2020 and 2021. However, the number of transactions increased after the easing of restrictions followed by the reopening of international borders in 2022. The...
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Sector Analysis
NewUnited Kingdom (UK) Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
“UK - The Future of Foodservice to 2027” published by GlobalData provides extensive insight and analysis of the UK Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers. The overall value of the UK’s foodservice profit sector decreased at a negative CAGR of 1.5% during 2017-22, standing at GBP72.6 billion ($89.8 billion) in 2022, due to a decrease in the number of transactions triggered by the COVID-19 pandemic, decrease...
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Sector Analysis
NewArgentina Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
“Argentina - The Future of Foodservice to 2027” published by GlobalData provides extensive insight and analysis of the Argentine Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers. The foodservice profit sector generated revenue of ARS1.4 trillion ($10.9 billion) in 2022, registering a CAGR of 33.7% during 2017-22. The number of transactions decreased at a negative CAGR of 7% during 2017-22, while the number of outlets fell at a...
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Company Insights
NewRestaurant Brands International – Digital Transformation Strategies
Restaurant Brands International – Digital Transformation Strategies Overview Restaurant Brands International (RBI) has been focusing on digital technologies as a part of its digital transformation strategies. The annual ICT spending of Restaurant Brands International was estimated at $233.4 million in 2022. A major share of this spending is earmarked for acquiring Network and communications, ICT services, and software from vendors. Restaurant Brands International is a quick-service restaurant (QSR) operator, the company holds, operates, and franchises restaurants under Popeyes, Burger King,...
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Company Insights
NewThe 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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Thematic Analysis
NewFoodservices Industry Mergers and Acquisitions Deals by Top Themes in Q1 2023 – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q1 2023 in the Foodservice Sector
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Analyst Opinions
NewGenerative Artificial Intelligence (AI) Powerplay: What’s in the Big Tech AI Playbook
Accessing the in-depth insight from the ‘Generative AI Powerplay’ report will offer you: Innovation Insights: Presents real-world innovation examples related to the generative AI products, models, hardware, and infrastructure by major technology companies across sectors. An understaning on how big tech companies are innovating in the generative AI space to gain competitive advantage. How is the 'Generative AI Powerplay' report different from other reports in the market? The report demonstrates how the major tech companies, primarily MAGMA, are competing for dominance...
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Sector Analysis
NewPhilippines Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
Philippines Foodservice Market Report Overview The Philippines foodservice profit sector generated revenue of PHP568.8 billion ($10.4 billion) in 2022 and is forecasted to record a CAGR of over 13% during 2022-2027. The growth of this sector is mainly attributed numerous initiatives to assist struggling micro, small, and medium-sized enterprises (MSMEs) taken by the Filipino government. Market Size (2022) PHP568.8 billion ($10.4 billion) CAGR (2022-2027) >13% Historic Period 2017-2022 Forecast Period 2023-2027 Key Profit Sector Channels FSR, QSR, Pub, Club &...
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Sector Analysis
NewAustralia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
Australia Foodservice Market Report Overview The Australia foodservice profit sector generated a revenue of AUD86.6 billion ($60 billion) in 2022 and is forecasted to record a CAGR of over 4% during 2022-2027. The recovery of tourism was the key contributor to the growth of the foodservice profit sector as the COVID-19-related restrictions were completely lifted in Australia1. Home deliveries and Take-aways continued to drive the growth and the dine-in services gradually recovered. The Australia foodservice market research report provides extensive...
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Sector Analysis
NewVietnam Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
Vietnam Foodservice Market Report Overview The Vietnam foodservice profit sector generated a revenue of VND1,011.2 trillion ($43.7 billion) in 2022 and is forecasted to record a CAGR of over 13% during 2022-2027. The resumption of international travel following the easing of COVID-19-related restrictions contributed significantly to the value growth. Takeaways and deliveries continued to play a crucial role in leading the value sales among foodservice businesses, especially in the quick-service restaurant (QSR) and full-service restaurant (FSR) channels. Value sales of...
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Sector Analysis
NewNew Zealand Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027
New Zealand Foodservice Market Report Overview The New Zealand foodservice profit sector generated revenue of NZD12.8 billion ($8.1 billion) in 2022 and is forecasted to record a CAGR of over 6% during 2022-2027. The growth of this sector is mainly attributed to the consumers shifting back to their pre-pandemic lifestyles with the easing of restrictions. Operators will be focused on offering healthier products due to the rising health and wellness trend in the country. New Zealand Foodservice Profit Sector Outlook...
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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.
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Thematic Analysis
Social Responsibility Trends by Sector – Thematic Intelligence
Social Responsibility Trends Thematic Report Overview The world demographics is likely to be influenced by several factors, for instance, Africa’s bulging youth population, continued global economic inequality, and aging populations will shape world demographics in 2030. This could be attributed to the high fertility rates and decreasing infant mortality rates in the country. There were many social issues coming under the spotlight in 2022 creating pressure on companies to act on social responsibility, which looks at a company’s engagement with...
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Case Studies
Jersey Mike’s Subs – Success Case Study
Jersey Mike's is a fast-casual restaurant chain that specializes in high-quality sub sandwiches, with franchises across the US. Despite the pandemic, Jersey Mike's has continued to succeed through their focus on quality ingredients, customer service, and effective marketing strategies. The brand has outperformed Subway in the last five years due to their adaptability and commitment to maintaining a high level of consistency in their products. Jersey Mike's is a well-known sandwich restaurant chain in the US, serving fresh and high-quality...
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Analyst Opinions
Top Trends in Foodservice – Affordability, Digitalization, Health and Wellness, ESG and Demographics
Top Trends in the Foodservice Report Overview The COVID-19 pandemic has significantly impacted the foodservice industry from field to consumer. With extended lockdowns around the world, restrictions on social gatherings and on-premise dining, as well as disruptions to the supply chains, the industry witnessed one of the steepest drops in value in recent years. In early 2022 estimates, GlobalData forecast that the foodservice sector would recover and surpass its pre-pandemic value in 2022; however, Russia's invasion of Ukraine, inflation, and...
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Thematic Analysis
Corporate Governance Trends by Sector – Thematic Intelligence
This report analyzes the impact of corporate governance pressures on 16 sectors globally. This report analyzes the impact of corporate governance pressures on the following sectors: ▪ Aerospace & Defense ▪ Agriculture ▪ Automotive ▪ Banking ▪ Construction ▪ Consumer Goods ▪ Foodservice ▪ Healthcare ▪ Insurance ▪ Mining ▪ Oil & Gas ▪ Power ▪ Retail & Apparel ▪ Sport ▪ Technology, Media, & Telecom ▪ Travel & Tourism Who Should Buy Senior executives and ESG executives in all...
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Thematic Analysis
Corporate Governance Trends in Foodservice – Thematic Intelligence
This report analyzes the impact of corporate governance pressures on the Foodservice sector. Who Should Buy Senior executives and ESG executives in Foodservice industry.
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Thematic Analysis
Foodservices Industry Mergers and Acquisitions Deals by Top Themes in 2022 – Thematic Intelligence
Foodservice Industry Mergers and Acquisitions Deals Report Overview The foodservice sector witnessed 836 M&A deals worth $29 billion in 2022. North America lead the M&A activity in 2022. The top themes driving M&A activity in the foodservice sector in 2022 were easy & affordable and supply chain management. The foodservice industry M&A deals thematic intelligence report provides an overview of the global M&A activities in the foodservice sector in 2022. The report identifies the themes driving most notable to deals...
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Analyst Opinions
Cost-of-Living Impact on Eating Out – Consumer Survey Insights
Throughout 2022 H2, consumers have continued the trend of eating out less. The ratio between diners who wish to continue/start/more frequently eat out and those who wish to cut back on eating out has been consistent between 2022 Q3 and Q4. This decline in footfall highlights the importance for brands to align closely with consumer demand to maintain repeat visits. The “Cost-of-Living Impact on Eating Out – Consumer Survey Insights “report is part of the GlobalData Case Study report series,...
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