Foodservice Channel Forecast Report 2025 – Designed for Product & Growth Teams
The foodservice channel market size is expected to see exponential growth in the next few years. It will grow to $2660.99 billion in 2029 at a compound annual growth rate (CAGR) of 22.5%. The growth in the forecast period can be attributed to the growing number of food courts, increasing snacking and indulgence consumption, increasing preference for fast food, rising disposable income, and increasing demand for convenience foods. Major trends in the forecast period include developing autonomous delivery systems, introducing innovative food preparation methods, integrating digital payment solutions, developing automation in kitchen technology, and innovative technologies in tableware.
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#What are the major drivers contributing to the growth of the foodservice channel market?#
The increasing online food ordering is expected to propel the growth of the foodservice channel market going forward. Online food ordering is a digital process where consumers select and purchase meals through websites or mobile apps from restaurants or food delivery services, enabling convenient, direct ordering and payment without visiting the establishment in person. The increasing online food ordering is due to the growing demand for convenience and efficiency, driven by widespread smartphone use and enhanced internet accessibility, further supported by consumer preferences for quick and easy meal solutions. The foodservice channel supports online food ordering by providing a wide range of restaurant and delivery options accessible through digital platforms streamlining the ordering process, making it easier for consumers to browse menus, place orders, and receive timely deliveries. For instance, in March 2024, according to HotelTechreport, a US-based online platform dedicated to the hotel technology sector, American consumers placing an order for food through a meal delivery app increased from 15% in 2021 to 25% in 2023. Therefore, the increasing online food ordering drives the food service channel market.
#What are the major market segments driving the growth of the foodservice channel industry?#
The foodservice channel market covered in this report is segmented –
1) By Channel Outlook: Accommodation, Leisure, Mobile Operators, Pubs, Clubs, And Bars, Restaurants, Retail, Travel, Workplace
2) By Service: Commercial, Non-Commercial
3) By Systems: Conventional Foodservice System, Centralized Foodservice System, Ready Prepared Foodservice System, Assembly-Serve Foodservice System
Subsegments:
1) By Accommodation: Hotels And Resorts, Bed And Breakfasts (B And Bs), Motels, Hostels, Lodges And Inns
2) By Leisure: Amusement Parks And Theme Parks, Zoos And Aquariums, Entertainment Complexes, Sports Venues (Stadiums, Arenas), Cruise Ships And Resorts
3) By Mobile Operators: Food Delivery Apps, Online Food Ordering Platforms, Virtual Kitchens, On-demand Food Services
4) By Pubs, Clubs, And Bars: Public Houses (Pubs), Nightclubs And Dance Bars, Cocktail Bars And Lounges, Beer Gardens, Karaoke Bars
5) By Restaurants: Quick Service Restaurants (Qsrs), Full-Service Restaurants, Casual Dining, Fine Dining, Fast-Casual Chains
6) By Retail: Supermarkets And Hypermarkets, Convenience Stores, Food Retailers, Meal Kits And Grocery Stores, Online Food Retail Platforms
7) By Travel: Airports And Airlines, Railways And Bus Stations, Travel Plazas And Service Areas, Travel And Tourism Centers, Train Dining Cars
8) By Workplace: Corporate Cafeterias, Office Building Food Courts, Employee Meal Programs, On-Site Catering Services, Staff Dining Facilities
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#What evolving trends are creating new opportunities in the foodservice channel market?#
Major companies operating in the foodservice channel market are focused on developing innovative platforms such as the food and beverage solutions (F&B) platform to offer tailored solutions for efficient inventory management, menu planning, and supply chain optimization. F&B Solutions is designed to enhance its focus on addressing evolving consumer preferences and supporting diverse customer needs. For instance, in January 2024, Ofi, a Singapore-based company that manufactures sustainable food ingredients, launched F&B Solutions, designed to enhance its focus on addressing evolving consumer preferences and supporting diverse customer needs. The F&B Solutions platform is particularly relevant to the food service channel as it aims to meet the needs of global and regional customers across various sectors, including fast-moving consumer goods (FMCG), retail, and quick-service restaurants (QSR). The emphasis on co-creation and innovative product ideation aligns with food service operators' demands to enhance their offerings and respond to changing consumer trends.
#Who are the key market players contributing to the growth of the foodservice channel industry?#
Major companies operating in the foodservice channel market are McDonald's Corporation, Darden Restaurants Inc., Chipotle Mexican Grill Inc., Yum! Brands Inc., Restaurant Brands International Inc., Panera Bread Company, Domino's Pizza Inc., Bloomin' Brands Inc., Texas Roadhouse Inc., Brinker International Inc., Zaxby's Franchising Inc., Wendy's Company, BJ's Restaurants Inc., Shake Shack Inc., Cheesecake Factory Incorporated, First Watch Restaurant Group Inc., White Castle System Inc., Cava Group Inc., Noodles & Company, El Pollo Loco Holdings Inc., Sweetgreen Inc., Wingstop Inc., Fogo de Chão Inc., Dunkin' Brands Group Inc.
#Which regions are leading the growth of the foodservice channel market globally?#
North America was the largest region in the foodservice channel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foodservice channel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
#How Can Companies Use The Foodservice Channel Market Report to Drive Business Results?#
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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