Asia-Pacific Food Service Market to Grow at a CAGR of 5.3% over the Forecast period 2017-2025


Posted May 18, 2018 by Steveblade

According to Goldstein Research, food service industry players are inclining towards the renovation of traditional cafeterias & lounges, eventually making them a theme based facility which attracts more customers as compared to the older ones.

 
According to Goldstein Research, food service industry players are inclining towards the renovation of traditional cafeterias & lounges, eventually making them a theme based facility which attracts more customers as compared to the older ones.

Further, Online portals such as UBER Eats, Zomato, Swiggy and others are helping the food Service industry players to increase the number of delivery and takeaway orders. However, technology implementation helps the food service industry players to grow significantly, but the process is not without barriers. High-cost investment for advanced infrastructure still remains a significant challenge for the food chain operators.

Asia-Pacific food service market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, China dominated the Asia Pacific food service industry with the market share of 31.2% in 2016 owing to increasing number of restaurants and western culture of cafeterias and lounges. Moreover, China is being the largest consumer market in 2017 and it is expected to maintain its dominance over the forecast period due to the large population and consumer spending power.

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Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific food Service market can be segmented as follows:

By Places Type

o Eating & Drinking Places
 Full-Service Restaurants
 Quick Service Restaurants
 Food Junctions
 Cafeterias/buffets
 Bars/ Clubs/Lounges

o By Managed Food Service

 Industrial Premises
 Commercial and Office Premises
 Hospital & Nursing Homes
 Educational Premises (Colleges, Universities, Schools)
 In-transit Food Service (Airlines, Trains)

o Sports Centers/Malls

Based on Geography

o China Food Service Market {Market Share (%), Market Size(USD Billion)}
o India Food Service Market {Market Share (%), Market Size(USD Billion)}
o Japan Food Service Market{Market Share (%), Market Size(USD Billion)}
o Singapore Food Service Market{Market Share (%), Market Size(USD Billion)}
o South Korea Food Service Market {Market Share (%), Market Size(USD Billion)}
o Thailand Food Service Market {Market Share (%), Market Size(USD Billion)}
o Malaysia Food Service Market {Market Share (%), Market Size(USD Billion)}
o Indonesia Food Service Market {Market Share (%), Market Size(USD Billion)}
o Australia Food Service Market {Market Share (%), Market Size(USD Billion)}
o New Zealand Food Service Market {Market Share (%), Market Size(USD Billion)}
o Rest of Asia Food Service Market {Market Share (%), Market Size(USD Billion)}

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“Asia-Pacific food service Market Outlook 2024”contains the detailed overview of the Asia-Pacific food service market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by place type.

Further, for the in-depth analysis, Asia-Pacific food service Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Barista Coffee, Coffee Beanery, Coffee Day Enterprises, Dicos, Domino’s Pizza, Doutor Coffee Shop, Ediya Coffee, Gloria Jean’s Coffees, Jollibee Foods, J.CO DONUTS & COFFEE, Krispy Kreme Doughnuts.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Asia-Pacific food Service market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Food and Beverages industry trends reports helping various tech-giants, tech start-ups, and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Contact for more Info:

Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Categories Food
Tags asiapacific food service market , asiapacific food service market share , asiapacific food service market size , asiapacific food service market trends
Last Updated May 18, 2018