Ken Research - Emerging Markets Food Sector Performance

Emerging Markets Food Sector Performance
The report titled “Foodservice Top 5 Emerging Markets Industry Guide 2017”, provides a
comprehensive analysis of foodservice industry in the five emerging markets. This report
covers topics related to need for foodservice industry, healthy food supply, various programs
adopted for growth in market revenue, global leading players, growth in matured markets,
five emerging markets in foodservice sector, growing opportunities and future of foodservice
market.
Industry Overview: The increasing demand for healthy and nutritious food on the menus
is the major factor that has a positive impact on the growth of the foodservice market.
Consumers are more health conscious due to the increasing occurrences of obesity and
heart problems. Unhealthy or fatty food products are avoided by the consumer which has
led to numerous commercial and non-commercial foodservice outlets to introduce healthy
food in their menus. The healthy foods include half or full-size salads with fresh fruits and
vegetables. Such an initiative has driven the growth of the foodservice market across the
world. All the foodservice markets across the world consist of many small and large
vendors who compete to raise their revenue shares. The foodservice market players are
adopting various strategies based on price, quality of menu, variety of cuisines, loyalty
programs, product innovations, and packing.
Global Major Players in Foodservice Industry: The global leading players in the
foodservice sector are Aramark, Compass Group North America, Domino’s,
McDonald’s, Restaurant Brands International, Sodexo, Starbucks, and Yum!Brands.
The foodservice sector is categorized into commercial and non-commercial, where
commercial segment accounts for the major shares of the foodservice market. Foodservice
consists of all services such as preparation of food out-of-home intended for consumption on
premise or as a takeaway. Foodservice is spread across places such as restaurants, cafes,
home delivery, eateries, and diners. The major factors affecting the foodservice market are
the emerging trends, demand-supply gaps, and changing customer preferences.