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Sector Analysis
New 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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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
Singapore Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
Singapore Foodservice Market Report Overview The Singapore foodservice profit sector recorded sales of SGD13.6 billion ($9.8 billion) in 2022 and is forecast to record a strong CAGR of over 7% during 2022-2027. The following are some of the key highlights of the Singapore foodservice market: An increase in takeout transactions owing to a strong rebound in tourism activities post the COVID-19 pandemic is responsible for the sector’s growth during the forecast period. The QSR was the largest profit sector channel...
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Sector Analysis
Hong Kong Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
Hong Kong Foodservice Market Report Overview The Hong Kong foodservice profit sector recorded sales of HKD107.1 billion ($13.7 billion) in 2022 and is forecast to record a strong CAGR of over 11% during 2022-2027. Robust economic expansion and rising tourism are responsible for the sector’s growth during the forecast period. Hong Kong Foodservice Profit Sector Outlook 2022-2027, (HKD Billion) Buy the Full Report for More Insights on the Hong Kong Foodservice Market Forecast Download A Free Sample Report The Hong...
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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....
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Sector Analysis
United Arab Emirates (UAE) Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
UAE Foodservice Market Report Overview The UAE foodservice profit sector recorded sales of AED40.6 billion ($11.1 billion) in 2022 And the market will record a strong CAGR of over 7% during 2022-2027. The following are a few of the key highlights included in the market report: Rising tourism activities post the COVID-19 pandemic stimulated the growth of the foodservice profit sector in 2022. The QSR was the leading profit sector channel, accounting for over 41% of revenue share in 2022....
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Sector Analysis
Eastern Europe Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
Eastern Europe Foodservice Market Report Overview The Eastern Europe foodservice profit sector recorded sales of $80.1 billion in 2022 and is forecast to record a strong CAGR of over 20% during 2022-2027. The Eastern European foodservice industry is witnessing a surge in the adoption of vegan and plant-based diets by consumers. Thus, plant-based menus, featuring innovative alternatives to traditional dishes are becoming increasingly popular. Additionally, restaurants and cafes across the region are increasingly adopting eco-friendly practices to minimize their environmental...
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Sector Analysis
Middle East and Africa (MEA) Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
MEA Foodservice Market Report Overview The MEA foodservice profit sector recorded sales of $91.2 billion in 2022. Ongoing market trends such as operators adopting sustainable practices, providing inclusive menus, and prioritizing social inclusivity are likely to drive the market over the forecast years. The market will record a strong CAGR of over 7% during 2022-2027. MEA Foodservice Profit Sector Outlook 2022-2027, ($ Billion) Buy the Full Report for More Insights on the MEA Foodservice Market Forecast Download a Free Sample...
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Sector Analysis
Asia-Pacific (APAC) Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
APAC Foodservice Market Report Overview The APAC foodservice profit sector recorded sales of $1.5 trillion in 2022. Rising investments by global chain operators such as McDonald’s, Domino’s, and Starbucks to expand their footprint in Asia-Pacific is expected to drive the sector’s growth at a CAGR of over 7% during 2022-2027. The APAC foodservice profit sector growth will also be attributed to the continuous expansion of regional chain operators to other countries to minimize their risks due to volatile macroeconomic conditions....