US Food Service Restaurant Market Size, Growth & | 2031

Segments - US Food Service Restaurant Market by Types (Full-service Restaurant, 100% Home Delivery Restaurant [Online], Fast Food, Street Stall and Kiosk, Cafe & Bar, and Self Service Restaurant), Structures (Chained Consumer Foodservice and Independent Consumer Foodservice), End-users (Educational Premises, Commercial & Offices, In-transit Food Service, Sports Centers, Hospital & Nursing Homes, Malls, and Industrial Premises), Forecast, 2023-2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

US Food Service Restaurant Market Outlook 2031

The US food service restaurant market size is was valued at USD 824.61 Billion in 2022 and is likely reach to USD 1.94 Trillion by 2031, expanding at a CAGR of 5.4% during the forecast period, between 2023 and 2031. The food service sector includes all activities, services, and business operations involved in preparing and providing meals for people who dine out of their homes.

Food service distributors are businesses that supply food operator services. This market includes school and hospital cafeterias, restaurant operations, and a variety of other restaurant forms. Certain corporations produce consumer and restaurant versions of their items.

Small items (kitchen utensils) and food are sold by food service distributors. The catering version is typically packaged in a bigger size and lacks the labeling found on the consumer version. The consumer version is typically sold in individual-size containers with an elaborate retail label design.

US Food Service Restaurant Market Trends, Drivers, Restraints, and Opportunities

Rising emphasis on organic products and nutritious food is a key trend among fast food restaurants.
Rising millennial working population and growing need for ready-to-eat foods are driving the market.
Increasing digitalization of food service, as consumers find it more convenient to schedule ahead of time and make payments online drives the market.
Growing demand for individualized and unique food options fuels the market.
Most fast foods are unhealthy, and are believed to cause obesity. Rising consumer awareness regarding health is hindering the market.

Scope of The Food Service Market Report

The report on the US food service restaurant market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes	Details
Report Title	Food Service Restaurant Market - US Industry Analysis, Size, Share, Growth, Trends And Forecast
Base Year	2022
Historic Data	2016 - 2021
Forecast Period	2023–2031
Segmentation	Types (Full-service Restaurant, 100% Home Delivery Restaurant [Online], Fast Food, Street Stall and Kiosk, Cafe & Bar, and Self Service Restaurant), Structures (Chained Consumer Foodservice and Independent Consumer Foodservice), End-users (Educational Premises, Commercial & Offices, In-transit Food Service, Sports Centers, Hospital & Nursing Homes, Malls, and Industrial Premises)
Country Scope	US
Report Coverage	Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
Key Players Covered in the Report	Burger King Worldwide Inc.; Starbucks Corp.; Subway IP LLC; Chipotle Mexican Grill Inc.; McDonald's Corp.; Jubilant FoodWorks; Sonic Drive-In; Papa John's; Yum! Brands Inc.; and Sodexo

US Food Service Restaurant Market Segment Insights

Online segment is projected to hold a significant market share

Based on types, the US food service restaurant market is segregated into a full-service restaurant, 100% home delivery restaurant, fast food, street stall and kiosk, cafe & bar, and self-service restaurant. The 100% home delivery restaurant segment is categorized as online. This segment is projected to hold a significant share of the market.

The expansion of e-commerce/online platforms, on-the-go food services, packaging innovations, gluten-free items, and introduction of low-fat beverages, among others, are boosting segment growth. Increasing digitalization of food service, as consumers find it convenient to schedule ahead of time and make payments online fuels the 100% home delivery restaurant segment. Growing demand for mobile eateries, such as food trucks, is boost the full-service restaurants segment.

Chained consumer foodservice segment is anticipated to account for a substantial share

On the basis of structures, the market is bifurcated into chained consumer foodservice and independent consumer foodservice. The chained consumer foodservice segment is anticipated to account for a substantial share. The segment is rapidly expanding due to high investments by companies worldwide.

These companies gain a competitive advantage in the market by providing unique flavors and mixtures. According to the recent consumer trend, the introduction of organic food goods into the market is likely to fuel the segment.

Commercial & Offices segment to expand at a robust pace

In terms of end-users, the US food service restaurant market is fragmented into educational premises, commercial & offices, in-transit food service, sports centers, hospital & nursing homes, malls, and industrial premises.

The commercial & offices segment is estimated to expand at a rapid pace during the forecast period due to the increase in the number of restaurants, cafés, and dine-out establishments, that provide a unique experience, food menu, taste, and cuisines that contribute to the value supplied by these services. The young generation has a greater propensity to attend these venues to mingle, connect, and spend time, thus fueling the segment growth.

US Food Service Restaurant Market End Users

Segments

By Types

Full-Service Restaurant
100% Home Delivery Restaurant
- Online
Fast Food
Street Stall and Kiosk
Cafe & Bar
Self Service Restaurant

By Structures

Chained Consumer Foodservice
Independent Consumer Foodservice

By End-users

Educational Premises
Commercial & Offices
In-transit Food Service
Sports Centres
Hospital & Nursing Homes
Malls
Industrial Premises

By Country

By Key Players

Burger King Worldwide Inc.
Starbucks Corp.
Subway IP LLC
Chipotle Mexican Grill Inc.
McDonald's Corp.
Jubilant FoodWorks
Sonic Drive-In
Papa John's
Yum! Brands Inc.
Sodexo

Competitive Landscape

Key players in the US food service restaurant market are Burger King Worldwide Inc.; Starbucks Corp.; Subway IP LLC; Chipotle Mexican Grill Inc.; McDonald's Corp.; Jubilant FoodWorks; Sonic Drive-In; Papa John's; Yum! Brands Inc.; and Sodexo.

These players are actively engaged in several market development activities such as collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

US Food Service Restaurant Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Service Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Service Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Service Market - Supply Chain
  4.5. Global Food Service Market Forecast
     4.5.1. Food Service Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Service Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Service Market Absolute $ Opportunity
5. Global Food Service Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Service Market Size and Volume Forecast by Types
     5.3.1. Full-Service Restaurant
     5.3.2. 100% Home Delivery Restaurant
     5.3.3. Fast Food
     5.3.4. Street Stall and Kiosk
     5.3.5. Cafe & Bar
     5.3.6. Self Service Restaurant
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Service Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Food Service Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Food Service Demand Share Forecast, 2019-2026
7. North America Food Service Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Food Service Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Food Service Market Size and Volume Forecast by Types
     7.4.1. Full-Service Restaurant
     7.4.2. 100% Home Delivery Restaurant
     7.4.3. Fast Food
     7.4.4. Street Stall and Kiosk
     7.4.5. Cafe & Bar
     7.4.6. Self Service Restaurant
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Food Service Demand Share Forecast, 2019-2026
8. Latin America Food Service Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Food Service Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Food Service Market Size and Volume Forecast by Types
     8.4.1. Full-Service Restaurant
     8.4.2. 100% Home Delivery Restaurant
     8.4.3. Fast Food
     8.4.4. Street Stall and Kiosk
     8.4.5. Cafe & Bar
     8.4.6. Self Service Restaurant
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Food Service Demand Share Forecast, 2019-2026
9. Europe Food Service Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Food Service Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Food Service Market Size and Volume Forecast by Types
     9.4.1. Full-Service Restaurant
     9.4.2. 100% Home Delivery Restaurant
     9.4.3. Fast Food
     9.4.4. Street Stall and Kiosk
     9.4.5. Cafe & Bar
     9.4.6. Self Service Restaurant
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Food Service Demand Share Forecast, 2019-2026
10. Asia Pacific Food Service Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Food Service Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Food Service Market Size and Volume Forecast by Types
     10.4.1. Full-Service Restaurant
     10.4.2. 100% Home Delivery Restaurant
     10.4.3. Fast Food
     10.4.4. Street Stall and Kiosk
     10.4.5. Cafe & Bar
     10.4.6. Self Service Restaurant
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Food Service Demand Share Forecast, 2019-2026
11. Middle East & Africa Food Service Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Food Service Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Food Service Market Size and Volume Forecast by Types
     11.4.1. Full-Service Restaurant
     11.4.2. 100% Home Delivery Restaurant
     11.4.3. Fast Food
     11.4.4. Street Stall and Kiosk
     11.4.5. Cafe & Bar
     11.4.6. Self Service Restaurant
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Food Service Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Food Service Market: Market Share Analysis
  12.2. Food Service Distributors and Customers
  12.3. Food Service Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Burger King Worldwide Inc.
     12.4.2. Starbucks Corp.
     12.4.3. Subway IP LLC
     12.4.4. Chipotle Mexican Grill Inc.
     12.4.5. McDonald's Corp.
     12.4.6. Jubilant FoodWorks
     12.4.7. Sonic Drive-In