Consumer Foodservice Industry Witnesses Steady Growth, Informs Euromonitor in Its Cutting-Edge Report Now Available at MarketPublishers.com31 Oct 2017 • by Natalie Aster
LONDON – The year 2016 was another year of positive growth for the world’s consumer foodservice industry. Robust growth in this market is encouraged by favourable macroeconomic factors like continuous population growth and increasing incomes worldwide.
Changing preferences for better dining experiences as well as for more convenient dining occasions have had a considerable impact on restaurant strategies. Operators active in the consumer foodservice market adopted novel menu offerings that are simpler and cleaner, and also provided greater level of transparency in food preparation and sourcing.
Meantime, the increasing demand for convenience spurred sales in the food delivery sector. Ongoing progress in digital technologies enables more restaurants to tap the rapidly-evolving food delivery market, thus, providing consumers with more options than ever.
The world’s consumer foodservice market is set to keep on expanding at a healthy rate in the coming years, driven by increasing middle-class population number (especially in the developing countries), remarkable technological advancements and higher penetration of digital technologies in the consumer foodservice markets, changing lifestyles, rising demand across the emerging markets, amid other favourable factors.
Cutting-edge report “Consumer Foodservice Global Industry Overview” prepared by Euromonitor International offers a detailed guide to the world’s consumer foodservice market. It covers the market historical background, reviews the recent trends and developments, describes the current scenario and highlights the market dynamics with info on the key growth limiters and drivers. The report uncovers valuable data on the market size, shape, segmentation, opportunities and challenges, competitive landscape, etc. Besides, the report contains future forecasts for the consumer foodservice market development in the short run.
Reasons to Purchase:
- gain a clear understanding of the consumer foodservice market landscape and structure;
- have a look at the market dynamics;
- become abreast of the major growth influencing factors;
- learn about the situation across the key regional markets;
- get competitive intelligence about the leading companies;
- track the prevailing industry trends;
- identify and learn how to exploit the emerging growth opportunities;
- become aware of the major challenges and risks;
- strengthen the decision making processes;
For a full collection of the publisher’s research reports follow Euromonitor page at MarketPublishers.com.