Foodservice in the United States
Summary
Foodservice in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Foodservice is defined as the total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.
- The US foodservice industry recorded revenues of $1,438.1 billion in 2023, representing a compound annual growth rate (CAGR) of 6.7% between 2018 and 2023.
- Industry consumption volume increased with a CAGR of 3.7% between 2018 and 2023, reaching 136.3 billion transactions in 2023.
- The US foodservice industry held a share of 33.1% of the global foodservice industry in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the foodservice market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in the United States
- Leading company profiles reveal details of key foodservice market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States foodservice market with five year forecasts
- What was the size of the United States foodservice market by value in 2023?
- What will be the size of the United States foodservice market in 2028?
- What factors are affecting the strength of competition in the United States foodservice market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's foodservice market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the players?
- 7.3. How are consumer trends impacting foodservice companies?
- 7.4. What are the recent developments in the country?
- 8 Company Profiles
- 8.1. Darden Restaurants Inc
- 8.2. Yum! Brands, Inc.
- 8.3. McDonald's Corp
- 8.4. Chipotle Mexican Grill Inc
- 8.5. Starbucks Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States foodservice industry value: $ million, 2018-23
- Table 2: United States foodservice industry volume: million transactions, 2018-23
- Table 3: United States foodservice industry category segmentation: % share, by value, 2018-2023
- Table 4: United States foodservice industry category segmentation: $ million, 2018-2023
- Table 5: United States foodservice industry geography segmentation: $ million, 2023
- Table 6: United States foodservice industry value forecast: $ million, 2023-28
- Table 7: United States foodservice industry volume forecast: million transactions, 2023-28
- Table 8: Darden Restaurants Inc: key facts
- Table 9: Darden Restaurants Inc: Annual Financial Ratios
- Table 10: Darden Restaurants Inc: Key Employees
- Table 11: Darden Restaurants Inc: Key Employees Continued
- Table 12: Yum! Brands, Inc.: key facts
- Table 13: Yum! Brands, Inc.: Annual Financial Ratios
- Table 14: Yum! Brands, Inc.: Key Employees
- Table 15: Yum! Brands, Inc.: Key Employees Continued
- Table 16: McDonald's Corp: key facts
- Table 17: McDonald's Corp: Annual Financial Ratios
- Table 18: McDonald's Corp: Key Employees
- Table 19: McDonald's Corp: Key Employees Continued
- Table 20: Chipotle Mexican Grill Inc: key facts
- Table 21: Chipotle Mexican Grill Inc: Annual Financial Ratios
- Table 22: Chipotle Mexican Grill Inc: Key Employees
- Table 23: Starbucks Corporation: key facts
- Table 24: Starbucks Corporation: Annual Financial Ratios
- Table 25: Starbucks Corporation: Key Employees
- Table 26: Starbucks Corporation: Key Employees Continued
- Table 27: Starbucks Corporation: Key Employees Continued
- Table 28: United States size of population (million), 2019-23
- Table 29: United States real gdp (constant 2010 prices, $ billion), 2019-23
- Table 30: United States gdp (current prices, $ billion), 2019-23
- Table 31: United States inflation, 2019-23
- Table 32: United States consumer price index (absolute), 2019-23
- Table 33: United States exchange rate, 2018-23
- List of Figures
- Figure 1: United States foodservice industry value: $ million, 2018-23
- Figure 2: United States foodservice industry volume: million transactions, 2018-23
- Figure 3: United States foodservice industry category segmentation: $ million, 2018-2023
- Figure 4: United States foodservice industry geography segmentation: % share, by value, 2023
- Figure 5: United States foodservice industry value forecast: $ million, 2023-28
- Figure 6: United States foodservice industry volume forecast: million transactions, 2023-28
- Figure 7: Forces driving competition in the foodservice industry in the United States, 2023
- Figure 8: Drivers of buyer power in the foodservice industry in the United States, 2023
- Figure 9: Drivers of supplier power in the foodservice industry in the United States, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in the United States, 2023
- Figure 11: Factors influencing the threat of substitutes in the foodservice industry in the United States, 2023
- Figure 12: Drivers of degree of rivalry in the foodservice industry in the United States, 2023
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