Research and Markets (http://www.researchandmarkets.com/research/v44gnt/global) has announced the addition of the "Global Foodservice Market 2014-2018" report to their offering.
The Global Foodservice market will grow at a CAGR of 5.78 percent in terms of revenue and 5.57 percent in terms of volume over the period 2013-2018.
One of the main drivers of the market is the rapid growth of the Commercial Foodservice segment. High growth in the sub-segments of the Commercial Foodservice segment such as the Restaurant and Café sub-segments is indirectly helping the growth of the Global Foodservice market.
The aging population is interested in healthy and ready-made foods to reduce the time spent in food preparation. Mid-lifers, i.e. people in the 28-49 year age group, are also switching to foodservice providers because of increasing workloads and parenthood pressures. A decrease in the average household size in North America and Europe to one or two people and a rise in the working women population have also increased the need for ready-made foods. The changing lifestyles of the global population have increased the demand for foodservices such as restaurants, cafés, and fast food chains. Growing disposable income in developing countries has also increased the consumption of these products. Therefore, changing consumer demographics is expected to lead to the growth of the Global Foodservice market during the forecast period.
Further, the report states that the requirement for a large labor force is a major hindrance to market growth because of the high labor costs in developed nations and high labor turnover ratio.
Key Vendors
- ARAMARK Corp.
- Burger King Worldwide Inc.
- Compass Group plc
- McDonald's Corp.
- Sodexo Inc.
- YUM! Brands Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Type
- Market Segmentation by Regulators
- Market Segmentation by Regions
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
For more information visit http://www.researchandmarkets.com/research/v44gnt/global
Contacts:
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Food
Service
