The Business Research Company’s food
and beverage services global market report, covers the year-on-year growth of the global
food and beverage services market historic and forecast growth. It also includes chapters
on the food and beverage services market trends, geographical analysis, and
competitive landscape.
Order
the report at: https://www.thebusinessresearchcompany.com/report/food-and-beverage-services-global-market-report
The global food and beverage
services market size is expected to reach $6.3 trillion by 2022, significantly
growing at a CAGR of around 7.4% during the forecast period.
Food
And Beverage Services Market Trends
The
food and beverage services market consists of sales of food and beverage services
by entities (organizations, sole traders and partnerships) that provide meals,
snacks, and beverages to customer order for immediate on-premises and
off-premises consumption.
Organic
and locally produced food is becoming increasingly popular. Consumers are
willing to pay more at restaurants and cafes that serve organic and locally
grown food items. Almost 45% of Americans actively try to involve organic food
in their diets. In 2013, the global sales of organic food and drink reached $72
billion, with Europe and the United States driving 90 percent of the world’s
sales. Companies in the food and beverage services industry are seeking to
differentiate themselves by upgrading their ingredients and experimenting with
healthier dishes. For example, Panera Bread and Starbucks, each known for their
seasonal pumpkin spice lattes, changed their recipes in order to eliminate
undesirable ingredients and meet consumer demand for healthy dishes.
The global food and beverage
services market
is primarily driven by emerging markets growth, increase in disposable income
and improved earning capacity.
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report: https://www.thebusinessresearchcompany.com/sample.aspx?id=1936&type=smp
The global food and beverage
services market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
With busy lifestyle, influence of social media
on the market, impact of new cuisines on the market, improving economic growth,
the global food and beverage services market is expected to increase in
potential and scope. TBRC’s report also covers the food and beverage services
drivers and restraints in the market.
The global food and beverage
services market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the global food
and beverage services market report are McDonald's, Compass Group plc,
Starbucks, Marriott International and Subway.
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in 15 countries globally.
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