United States Food Service Market to be Led by Quick Service Restaurants Segment

The growing trend of digitalization of food service and the availability of diverse cuisines are the leading factors expected to drive the United States food service market during the forecast period.

According to TechSci Research report, “United States Food Service Market – By Region, Competition, Forecast and Opportunity, 2028” the food service market in the United States is expected to experience a surge in growth in the forecast period due to the changing consumer preferences, diversification of cuisines, the rapid urbanization, the attractive packaging of food, the hectic lifestyle, the changing routine, and the availability of different flavors.

The focus of the food service sector is now on the development and production of food that is both functional and sustainable, rather than just in terms of taste. Customers' primary expectations are to have organic and tailored diets, to include more nutritious snacks in their meals, and to have a product that is "real" and "fresh" rather than processed. These alternatives are simply a reflection of what is possible in terms of providing fast, convenient, and attractive options to meet the increasing customer demand.

The COVID-19 pandemic has increased the focus on health and safety in the food service industry. Restaurants were implementing contactless ordering and payment systems, as well as enhanced sanitation protocols, to provide a safer dining experience for their customers.

In the modern foodservice industry, the focus is no longer solely on appetites, but rather on the research and creation of functional and organic food products. Furthermore, consumers have become increasingly cognizant of functional food products, thus the primary focus of the industry is to meet the demands associated with products that are beneficial for a healthy body and mind. Consumers' focus on health and wellness was influencing their dining choices. There was a growing demand for healthier menu options, including plant-based and vegetarian dishes, and options catering to specific dietary needs, such as gluten-free or allergen-friendly offerings.

The food service market in the US is highly competitive, with a multitude of players competing for market share. Both large chains and independent establishments compete for customer loyalty and seek to differentiate themselves through menu offerings, pricing, and overall dining experiences.

Based on the ownership, the market is divided into chained outlets and independent outlets. Chained outlets are restaurants or food service establishments that are part of a larger chain or franchise. They operate under a common brand name and follow standardized menus, recipes, and operating procedures set by the parent company. These establishments benefit from the support and resources provided by the franchisor, including marketing, training, and supply chain management. Examples of chained outlets include popular fast-food chains like McDonald's, Subway, Starbucks, Domino's Pizza, and many others. Chained outlets offer consistency across different locations, making it easy for customers to know what to expect regardless of where they visit.

Independent outlets, on the other hand, are food service establishments that are not affiliated with any larger chain or franchise. They are stand-alone businesses operated by individual owners or small groups. Independent outlets have the freedom to create unique menus, concepts, and atmospheres without being constrained by corporate guidelines. While they may not benefit from the marketing and support of a larger chain, independent outlets have the flexibility to adapt quickly to changing customer preferences and trends.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on the "United States Food Service Market."

The United States food service market is segmented based on type, ownership, and region.

The United States food service market is segmented based on type, end ownership, region, and competitional landscape. Based on type the market is further fragmented into quick service restaurants (QSR), dining services (hotels and restaurants), pubs, bars, café, and lounges (PBCL), and others, including cafeterias and cloud kitchens. Based on ownership, the market is segmented into chained outlets and independent outlets. Based on region, the market is divided into South, Midwest, Northeast, and West.

Key market players in the United States food service market include:

·         Performance Food Group, Inc.

·         Compass Group USA, Inc.

·         McDonald's USA LLC

·         Sodexo, Inc.

·         Yum! Brands, Inc.

·         ARAMARK Corporation

·         Starbucks Corporation

·         Restaurant Brands International, Inc.

·         Domino’s Pizza, Inc.

·         MTY Food Group Inc.

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"The digitalization of the food service market is a significant trend that will impact the market’s growth over the forecast period. The advancement in technologies, changing consumer preferences, and diversification of multiple cuisines are the leading factors that will positively impact the food service market in the coming years. The rising demand for healthier menus, surging marketing strategies, and the growing popularity of the e-commerce channel will boost the market growth as well,” said Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm.

United States Food Service Market, By Type (Quick Service Restaurants (QSR)), Dining Service (Hotels, Restaurants), (Pubs, Bars, Café, and Lounges (PBCL)), and Others (Cafeteria, Cloud Kitchen)), By Ownership (Chained Outlets, Independent Outlets), By Region, Competition, Forecast & Opportunities, 2028 has evaluated the future growth potential of United States food service market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the United States food service market.

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