Overview and Scope
A restaurant refers to a location where people may buy and eat food and drinks. Mobile food services refer to a type of food service which involves the preparation of meals in or the delivery of it from a vehicle.
Sizing and Forecast
The restaurants and mobile food services market size has grown steadily in recent years. It will grow from $2973.89 billion in 2023 to $3119.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the rising demand for fast foods, increased spending on dining out and the influence of digital media marketing and social media.
The restaurants and mobile food services market size is expected to see strong growth in the next few years. It will grow to $3896.75 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to the increasing demand for online food delivery services, the rising population, the rising urbanization and the changing consumer preferences. Major trends in the forecast period include focus on autonomous delivery systems, quick-service restaurants (qsrs), robot-based restaurants, cloud-based technology, internet of things (iot), sustainability and partnerships and acquisitions.
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Segmentation & Regional Insights
The restaurants and mobile food services market covered in this report is segmented –
1) By Type: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services
2) By Ownership: Chain Market, Standalone Market
3) By Pricing: High-End, Economy
4) By Service Type: Online Booking, Offline Booking
Asia-Pacific was the largest region in the restaurants and mobile food services market in 2023. North America was the second largest region in the restaurants and mobile food services market. The regions covered in the restaurants and mobile food services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion, and multi-national companies setting up facilities in high-growth regions, thereby allowing restaurant operators to offer their cuisines to customers around the world. Globalization is also making it easier for restaurants to procure exotic ingredients and hence provide a more sophisticated and wider variety of dishes to their customers, thereby giving restaurants an opportunity to compete globally. Furthermore, globalization has increased the number of potential vendors for restaurants, lowering the bargaining power of suppliers and thus helping the bottom line. For example, McDonald's is produced in many countries and has franchises around the world. It invests and supports initiatives to adapt its products and services to different locales to ensure its global brand. This rise in globalization is likely to boost investments and consequentially drive the market going forward.
Key Industry Players
Major companies operating in the restaurants and mobile food services market report are Darden Restaurants, Yum China Holdings, Inc., McDonald's, Chipotle, Zensho Holdings Co Ltd, Subway, Chick-fil-A, Berkshire Hathaway Inc., Bloomin' Brands, Brinker International, Qummy, Bomra's, Mimi Kakushi, Orfali Bros Bistro, GrowFood, Live Menu, Zuma, Olympic Oils Limited, PedidosYa, iFood, LPM Restaurant & Bar, Wasabi by Morimoto, Burger King, MenuDino, The Table, Flair Rooftop, Masque, Bon Bon Buddies Ltd, Gaia, LanTing Restaurant, Salon de Ville, Bartello, Interfood Technology Ltd, Il Borro Tuscan Bistro, Broniboy, Club Dominó, Uber Eats, The Handmade Cake Company Limited, Cut by Wolfgang Puck, Just Eat, YICAFE at Pudong Shangri-La, KFC, Deliveroo, La Vita è Bella, Reif Kushiyaki, Performance Food, Catery, Cracker Barrel Old Country Store, The Abergavenny Fine Foods Company, 3 Fils, Shanghai Haidilao Hot Pot, Pizza Express, Iiko, Jin Xuan Chinese Restaurant, Welldone, Restaurant Brands International Inc., Amazonico, Fiona Cairns Limited
The restaurants and mobile food services market report table of contents includes:
1. Executive Summary
2. Restaurants And Mobile Food Services Market Characteristics
3. Restaurants And Mobile Food Services Product/Service Analysis -Product/Service Examples
4. Restaurants And Mobile Food Services Market Trends And Strategies
5. Restaurants And Mobile Food Services Market - Macro Economic Scenario
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68. Global Restaurants And Mobile Food Services Market Competitive Benchmarking
69. Global Restaurants And Mobile Food Services Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Restaurants And Mobile Food Services Market
71. Restaurants And Mobile Food Services Market Future Outlook and Potential Analysis
72. Appendix
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Restaurants And Mobile Food Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the restaurants and mobile food services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected restaurants and mobile food services market growth numbers 2021-2030.
View Complete Report:https://www.thebusinessresearchcompany.com/report/restaurants-and-mobile-food-services-global-market-report-2020-30-covid-19-impact-and-recovery The Restaurants And Mobile Food Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global restaurants and mobile food services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Restaurants And Mobile Food Services Global Market Report 2021 covers restaurants and mobile food services market drivers, restaurants and mobile food services market trends, restaurants and mobile food services market growth rate, restaurants and mobile food services market major players, player-adopted strategies in the market, and restaurants and mobile food services market size.The global restaurants and mobile food services market is expected to grow from $2193.94 billion in 2020 to $2619.27 billion in 2021 at a compound annual growth rate (CAGR) of 19.4%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The Restaurants And Mobile Food Services Global Market Report 2020-30 by The Business Research Company describes and explains the global restaurants and mobile food services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Restaurants And Mobile Food Services Global Market Report 2021 covers restaurants and mobile food services market drivers, restaurants and mobile food services market trends, restaurants and mobile food services market segments, restaurants and mobile food services market growth rate, restaurants and mobile food services market major players, and restaurants and mobile food services market size.
View Complete Report:https://www.thebusinessresearchcompany.com/report/restaurants-and-mobile-food-services-global-market-report-2020-30-covid-19-impact-and-recovery The restaurants and mobile food services market report provides an in-depth analysis of the impact of COVID-19 on the global restaurants and mobile food services industry, along with revised market numbers due to the effects of the coronavirus and the expected restaurants and mobile food services market growth numbers 2021-2030.Restaurants And Mobile Food Services Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=3056=smpThe global restaurants and mobile food services market is expected to grow from $2.19 trillion in 2020 to $2.61 trillion in 2021 at a compound annual growth rate (CAGR) of 19.4%.
The market is expected to reach $3.33 trillion in 2025 at a CAGR of 6%.The report covers the restaurants and mobile food services market’s segments- 1) By Type: Restaurants And Mobile Food Services, Bars And Cafes, Catering Services And Food Contractors.2) By Ownership: Chain Market, Standalone Market.3) By Pricing: High-End, Economy.Subsegments Covered: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services, Snack And Nonalcoholic Beverage Bars, Drinking Places (Alcoholic Beverages), Food Service Contractors, Catering Services.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
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