Food and Beverage Services Global Market Briefing 2017

The food and beverage services industry comprises businesses that provide meals, snacks, and beverages to customers. This industry includes restaurants and mobile food services, catering, beverage serving providers and other food and beverage services. Companies in this industry are mainly restaurants, cafes, coffee shops, fast food outlets, catering services, pubs and bars, food service contractors and mobile food services.

The largest geographic markets by consumption in the food and beverage sector are Asia and the Americas. Asia was the largest region in the food and beverage services market in 2015, accounting for more than 40% of the market share. This was mainly due to increasing economic activity, urbanization, busy lifestyles, rising disposable income levels and the growing middle class population in the region led to increase in demand for restaurants, cafes and bars. The Americas was the second largest region accounting for about 35% of the market share.

Modernizing technologies in restaurants improves customer satisfaction, thereby boosting restaurant sales. Many restaurants have recently begun introducing tablets on their tabletops to automate the process of ordering food as well as tipping. Apart from improving the overall dining experience, it also provides valuable data for restaurants. For example, Chili’s, an American casual dining restaurant chain, made a big change to its in-store ordering system by installing more than 45,000 tablets across 823 Chili’s restaurants . Bars and nightclubs are also increasingly offering technology-driven solutions and services. Establishments in the industry are introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment and digital entertainment such as gaming and graffiti .

Food And Beverage Services Market Characteristics 4
Food And Beverage Services Market Historic Growth 5
Drivers of the Market 6
Restraints on the Market 6
Food And Beverage Services Market Forecast Growth 7
Drivers of the Market 8
Restraints on the Market 8
Food And Beverage Services Market Regional And Country Comparison 9
Global Food And Beverages Services Market, Split By Region, 2016 9
Global Food And Beverage Services Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020 11
Global Food And Beverage Services Market, Split By Country, 2016 13
Global Food And Beverage Services Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 15
Food And Beverage Services Market Segmentation 17
Global Food And Beverage Market Size, Split By Segments, 2016, $ Billion 17
Global Food And Beverage Services Market, Historic And Forecast Growth Rate, By Segments, 2012-2020 19
Food And Beverage Services Market Competitive Landscape 21
McDonald's 22
Compass Group PLC 23
Subway 24
Starbucks Corporation 24
Sodexo 25
Yum! Brands 25
Food And Beverage Services Market Key Mergers And Acquisitions 27
Food And Beverage Services Market Trends And Strategies 28
Emergence Of Organic Menus 28
Changing Tastes According To Regional Preferences 28
Story-Driven Restaurants And Cafes 29
Appendix 30
NAICS Definitions Of Industry Covered In This Report 30
Research Methodology 32
Abbreviations 33
Currencies 33
Research Inquiries 33
The Business Research Company 33