ReportsWeb Foodservice Market 2020 in the US | Page 2

Foodservice Market in the US 2016-2020 About the Foodservice Market in the US Foodservice refers to the sale of food and beverages that have been prepared out-of-home for immediate consumption, either on the premises from where they are purchased or for takeaway or home delivery. The foodservice industry caters to cafeterias, hospitals, cafés, pubs, nightclubs, bars, and hotels. Foodservice has become prevalent in educational institutions and office complexes, as students and office workers prefer to buy lunch rather than cook at home. Publisher's analysts forecast the foodservice market in the US to grow at a CAGR of 3.33% during the period 2016- 2020. Covered in this report The report covers the present scenario and the growth prospects of the foodservice market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of various food and beverages sold by the global foodservice vendors in terms of revenue. The market is broadly divided into: - Commercial foodservice: Commercial foodservice is any foodservice operation established to make a profit from the sale of food and beverages. The commercial foodservice segment in this report includes full-service restaurants, fast food or quick service restaurants, pubs, hotels, bars, takeaway, home delivery, and others. - Non-commercial foodservice: In non-commercial type of foodservice segment, food is primarily prepared and served to support another establishment's main function or purpose. The non-commercial foodservice segment in this report includes educational institutions, workplaces, and hospitals. View Complete Report @ http://www.reportsweb.com/foodservice-market-in-the-us-2016-2020 Contact Us : [phone] | E-Mail : [email protected]