What is the projected growth rate (CAGR) of the Food Service Market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Food Service Market reached US$ 2116.92 billion in 2023 and is expected to reach US$ 4513.21 billion by 2031, growing with a CAGR of 9.82% during the forecast period 2024-2031.

Unlock exclusive insights with our detailed sample report :

https://www.datamintelligence.com/download-sample/food-service-market

What is Food Service Market ?

Food service refers to the preparation, delivery, and serving of food and beverages outside the home through channels such as restaurants, cafés, catering services, hotels, quick-service outlets, and institutional cafeterias. It encompasses a wide range of operations focused on convenience, quality, and customer experience.

Speak to Our Senior Analyst and Get Customization in the report as per your requirements:

https://www.datamintelligence.com/customize/food-service-market

Conclusion

Driven by urbanization, changing lifestyles, and the rise of online delivery platforms, the food service market is undergoing rapid transformation. With growing emphasis on digitalization, sustainability, and healthier menu offerings, the sector continues to expand as a vital component of the global hospitality and consumer economy.

Buy the exclusive full report here:

https://www.datamintelligence.com/buy-now-page?report=food-service-market

Top Key Companies:

Compass Group India, Sodexo, US FOODS, INC., Saval Foodservice, Shamrock Foods, Food Services, Inc., Gordon Food Service, A & A Food Service, and Creed Foodservice.

Market Segments:

By Type of Service: Quick Service Restaurants, Full-Service Restaurants, Cafés and Bars, Others

By Sector: Commercial, Non-commercial

By Type of Establishment: Independent Outlets, Chain Restaurants, Franchises

Stay informed with the latest industry insights-start your subscription now:

https://datamintelligence.com/reports-subscription

About us:

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

Contact Us -

Company Name: DataM Intelligence

Contact Person: Sai Kiran

Email: Sai.k@datamintelligence.com

Phone: +1 877 441 4866

Website: https://www.datamintelligence.com