What Has Been The Evolution of the Food Supply For Restaurants Market in Recent Years?
The food supply for restaurants market has seen considerable growth due to a variety of factors.
• The food supply for restaurants market has experienced strong growth in recent years. It will grow from $513.06 billion in 2024 to $544.18 billion in 2025, at a compound annual growth rate (CAGR) of 6.1%.
Growth is driven by fluctuations in food prices, changes in consumer preferences, greater awareness of food safety, and the impact of climate conditions on food availability.
What Is the Forecasted Market Size and Growth Rate for The Food Supply For Restaurants Market Size In The Coming Years?
The food supply for restaurants market is expected to maintain its strong growth trajectory in upcoming years.
• The food supply for restaurants market is expected to see strong growth, reaching $681.67 billion by 2029 at a CAGR of 5.8%.
Growth is driven by supply chain disruptions, trade restrictions, supplier relationships, inventory management practices, and local sourcing trends. Key trends include sustainable sourcing, tech integration, ethical trade products, food waste reduction, alternative packaging solutions, and digital supply chain management.
What Factors Are Driving Growth In The Food Supply For Restaurants Market?
The growth of the tourism industry is expected to drive the demand for food supply to restaurants. The rise in tourism is supported by improved travel accessibility, increased consumer confidence, and the easing of pandemic-related restrictions. As tourism grows, it boosts restaurant food supply by increasing the demand for diverse and high-quality food options. For example, in May 2023, UN Tourism reported that international arrivals in the first quarter of 2023 were 80% of pre-pandemic levels, with 235 million tourists. Thus, the growth of the tourism industry is fueling the food supply for restaurants market.
What Are The Main Segments Of The Global Food Supply For Restaurants Market?
The food supply for restaurants market covered in this report is segmented –
1) By Restaurant Type: Quick Service Restaurants (QSRs), Small And Mid-Size Restaurants, Large Hotels And Restaurants
2) By Order Type: Bulk, Small To Moderate
3) By Application: Bakery Items, Dairy Items, Meat, Poultry, And Seafood, Grains And Flours, Oils, Sauces, Dressings, And Condiments, Canned, Ready To Cook And Packaged Food, Fresh And Frozen Vegetables And Fruits, Other Applications
Subsegments:
1) By Quick Service Restaurants (Qsrs): Fast Food Chains, Fast Casual Restaurants, Takeaway And Delivery Services, Drive-Thru Qsrs, Coffee Shops And Cafés
2) By Small And Mid-size Restaurants: Independent Restaurants, Family-Owned Restaurants, Casual Dining Restaurants, Fine Dining Restaurants, Ethnic Cuisine Restaurants, Bistro And Brasserie-Style Restaurants
3) By Large Hotels And Restaurants: Hotel Restaurants (In-House Dining), Banquet And Conference Catering Services, Luxury Hotel Restaurants, Buffet-Style Hotel Restaurants, Large Hotel Chains With Multiple Dining Outlets
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What Emerging Trends Are Influencing The Growth Of The Food Supply For Restaurants Market?
Companies in the food supply for restaurants market are focusing on providing innovative solutions like next-day delivery for small and independent restaurants to improve service efficiency. For instance, in April 2022, Kroger, a U.S.-based retail company, launched a restaurant supply business offering next-day delivery in the Dallas area. This service provides competitive wholesale pricing, flexible delivery options, and is designed for small restaurants that struggle with minimum order requirements imposed by traditional foodservice providers.
Who Are the Key Players In The Food Supply For Restaurants Market?
Major companies operating in the food supply for restaurants market are:
• Sysco Corporation
• Performance Food Group
• Tyson Foods Inc.
• US Foods
• Gordon Food Service
• Chefs' Warehouse
• Reinhart Foodservice
• Shamrock Foods Company
• Brakes Foodservice
• Jubilant FoodWorks
• CHEF'STORE
• What Chefs Want
• Surya Foods
• Total Foodservice Solutions Ltd
• BlueCart Inc.
• Regency Foods Ltd
• Pentagon Food Group
• Bidfood
• Collectiv Food
• TGG Technologies Private Limited (ChfMart)
• Restaurant Depot
• Hyperpure
What Is The Most Dominant Region In The Food Supply For Restaurants Market?
North America was the largest region in the food supply for restaurants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food supply for restaurants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
