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US Foodservice Industry Report 2025: Market on the Rise, Expected to Grow by $3.11 Trillion from 2024-2029, Driven by YUM Brands, Chick fil-A, Shamrock, Dominos, RBI, and McDonals

1. US foodservice industry projected to grow by USD 3.11 trillion by 2029. 2. Growth driven by snacking trends and allergen-free dining demands. 3. Diverse population influences rise in ethnic cuisines and gluten-free options. 4. Virtual and ghost kitchens expected to enhance market demand. 5. Market presents significant opportunities for innovation and expansion.

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FAQ

Why Bullish?

The anticipated substantial growth of the foodservice market bodes well for YUM Brands, which primarily operates in this sector. Historically, foodservice market expansions have led to increased revenues for major players like YUM, especially when consumer trends align with their offerings.

How important is it?

The report highlights trends and growth drivers in the foodservice industry, providing crucial insights for strategic planning at YUM. The extensive market potential and evolving consumer preferences directly correlate with YUM's operational focus.

Why Long Term?

The growth forecast extends over a five-year period, suggesting sustained benefits for YUM. Companies that adapt to changing consumer preferences often succeed long-term, as seen during the trend of healthier eating options gaining traction in the past decade.

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Dublin, Feb. 26, 2025 (GLOBE NEWSWIRE) -- The "Foodservice Market in the US 2025-2029" report has been added to ResearchAndMarkets.com's offering.The US foodservice industry is poised to undergo substantial growth, with projections indicating a surge of USD 3.11 trillion within the 2024-2029 period, advancing at an impressive compound annual growth rate (CAGR) of 30.6%. This remarkable growth trajectory can be attributed to several key factors, including an increase in snacking and indulgence consumption, a rising demand for allergen-free dining options, and evolving consumer lifestyles. Segmentation and AnalysisA comprehensive analysis of the foodservice market segments reveals critical insights into the industry's future. The market is categorized by type, solution, sector, business segment, and geographical landscape. Types include fast foodservice, restaurants, cafes and bars, and delivery and takeaway, among others. Solutions range from conventional and centralized to ready-prepared and assembly-serve systems, while sectors are divided into commercial and non-commercial arenas. The business segments are classified into chains and independents. Geographically, the North American region is the focal point of this study. Growth DriversOne of the significant growth drivers identified within the US foodservice market is the increasingly diverse population and its inclination towards ethnic cuisines. Additionally, the demand for gluten-free fast food options is on the rise. A noteworthy mention is the rise of virtual and ghost kitchens, which are expected to contribute considerably to market demand over the forecast period. Future ProspectsThe study notes that the foodservice market in the US remains a vibrant landscape of opportunity. With shifting consumer habits and dietary preferences, the market continues to adapt, offering potential for businesses to innovate and expand. The report dashes a spotlight on anticipated trends and challenges, helping companies align their strategies to capitalize on the approaching growth opportunities. Competitive AnalysisAn in-depth analysis of the competitive environment forms a cornerstone of the report, empowering stakeholders to bolster their market positions. It outlines prominent players within the market and their contributions to the industry’s growth. The analysis underscores the importance of strategic planning and market understanding, which are paramount for navigating the competitive landscape and harnessing growth prospects. Report SynopsisThe report synthesizes data from an array of sources, providing a well-rounded and informed outlook on the US foodservice market. With extensive research both from primary and secondary sources, the findings are presented as robust and reliable, enabling stakeholders to make informed decisions. The analysis of key parameters, such as profit, pricing, competition, and promotions, offers a comprehensive view of the market dynamics. In summary, the US foodservice market is set to witness a significant uptick in growth over the next five years. This forecasted expansion presents an array of opportunities to incumbent market players and new entrants alike, as they adjust to meet the evolving demands of the consumer base within this dynamic sector.A selection of companies mentioned in this report includes, but is not limited to: American Dairy Queen Corp.Chick fil A Inc.CKE Restaurants Holdings Inc.Dominos Pizza Inc.Inspire Brands Inc.Jack in the Box Inc.Marcos Franchising LLCMcDonald Corp.MTY Food Group Inc.Papa Johns International Inc.Penn Station Inc.Pret A MangerRaising Canes Restaurants LLCRestaurant Brands International Inc.Shamrock Foods Co.Starbucks Corp.Sysco Corp.The Subway GroupThe Wendys Co.Wingstop Inc.YUM Brands Inc. For more information about this report visit https://www.researchandmarkets.com/r/zcy1xy About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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