The restaurants and mobile food services industry provides food services through full service restaurants, limited service restaurants, cafeterias, grill buffets and buffets, and mobile food services.

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The global restaurants and mobile food services market has shown rapid growth in the past years with a CAGR of just over 7%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the restaurants and mobile food services market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Job growth was a key driver of improved restaurant sales. For instance, in 2014, the USA saw a strong job market, increasing 1.8% from 2013, the strongest increase since 2006. This in turn increased disposable personal incomes which increased by more than 2.5% in 2014 compared to 2013. As an industry largely driven by customer spending power, steady gains in disposable personal income drove sales of food and beverage serving establishments. Increased earning capacity has hence been a significant driver of the restaurant and mobile food services industry.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are McDonald's, Subway, Chick fil A, Darden Restaurants., and Yum China Holdings Inc.

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