Global Foodservice Market Receives Boost from Increasing Consumption of Snacks and Convenience Food Items

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Foodservice Market - Global

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Industry Analysis, Size, Share,

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REPORT DESCRIPTION

Transparency Market Research provides an in-depth overview of the global foodservice market through its new research report.

The research report, titled “Foodservice Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019,” provides an assessment of the market through a SWOT analysis to highlight each segment’s strengths, weaknesses,

opportunities, and threats. Furthermore, the report also gives a detailed evaluation of the bargaining power of suppliers, the

threat of new entrants, the threat of substitute products or services, the bargaining power of customers, and the intensity of

competitive rivalry through Porter’s five forces analysis. The report answers questions pertaining to the scope of this market and

its drivers and restraints.

According to the United States Department of Agriculture, food systems supplied food worth US$1.24 tn in 2010, of which

US$594 bn was sold by foodservice facilities. The increasing consumption of meals and snacks at food service stalls and

establishments by consumers is expected to have a huge impact on the overall market. The factors supporting the rising

consumption of food are the growth of entertainment avenues, a wide range of convenience food items, and the growing

number of services. Additionally, the introduction of several healthy choices offered through foodservice systems is also

expected to...