Global Hospitality Market

Non-residential accommodation refers to real estate that is not a dwelling, such as commercial or industrial space, a place of worship, a hotel, a hospital, a school, or a facility owned by the government. Non-residential accommodations include small businesses, commercial agriculture buildings, industrial buildings and warehouses. The main types of non-residential accommodation are hotels and other travel accommodation; camping and caravanning; and students and workers' non-residential accommodation. Camping and caravanning comprise establishments primarily engaged in operating overnight recreational camps, such as children's camps, family vacation camps, hunting and fishing camps, and outdoor adventure retreats that offer trail riding, white water rafting, hiking, and similar activities. These establishments provide accommodation facilities, such as cabins and fixed campsites, and other amenities, such as food services, recreational facilities and equipment, and organized recreational activities. Non-residential accommodation is sold through direct sales and by distributor, and the price point includes economy, mid-range, and luxury. The mode of booking includes online bookings, direct bookings and others. The non-residential accommodation services market research report is one of a series of new reports from The Business Research Company that provides non-residential accommodation services market statistics, including non-residential accommodation services industry global market size, regional shares, competitors with a non-residential accommodation services market share, detailed non-residential accommodation services market segments, market trends and opportunities, and any further data you may need to thrive in the non-residential accommodation services industry. This non-residential accommodation services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non-residential accommodation services market grew from $830.65 billion in 2022 to $936.43 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The non-residential accommodation services market is expected to grow to $1165.63 billion in 2027 at a CAGR of 5.6%. The increasing use of social media and access to mass media is positively impacting the tourism and non-residential accommodation industries. With tourists sharing their travel information, photographs, and videos on social media platforms, people are increasingly becoming aware of the tourist destinations and recreational experiences offered by different countries around the world. For instance, in October 2022, according to a report published by Kepios Pte. Ltd., a Singapore-based online reference-based library, over the last year, social media users increased by 227 million, reaching 4.70 billion by the beginning of July 2022. Over the last year, the global social media user base has grown by more than 5%, with the most recent global total now equaling 59 percent of the world's total population. Every day, the world spends more than 10 billion hours on social media platforms, which is nearly 1.2 million years of human existence. Therefore, the increasing use of social media and access is driving the growth of the tourism and non-residential accommodation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-residential accommodation services market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential accommodation services market will recover from the shock over the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Hotels are using technologies to improve the customer experience and reduce operational costs. The most significant trends include the use of near-field communication (NFC) technology, infrared technologies, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant and secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes and can personalize the experience for guests. Major companies in the non-residential accommodation services market include Marriott International, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd., Intercontinental, Hilton Worldwide Holdings, Accor Hotels, TUI Group and Shanghai Jin Jiang International Hotels (Group) Company Limited. Asia-Pacific was the largest region in the non-residential accommodation services market 2021. North America was the second largest region in the non-residential accommodation services market. The regions covered in the non-residential accommodation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the non-residential accommodation services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The non-residential accommodation services market includes revenues earned by entities by providing lodging or short-term accommodation for travelers, vacationers, and others. There is a wide range of services provided in this market. Some establishments provide lodging only, while others provide meals, laundry services, and recreational facilities, as well as lodging. Lodging establishments are classified in this subsector even if the provision of complementary services generates more revenue. The types of complementary services provided vary from establishment to establishment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global non-residential accommodation services market is segmented - 1) By Type: Hotel And Other Travel Accommodation, Camping And Caravanning, Students And Workers Non-residential Accommodation 2) By Price Point: Economy, Mid-Range, Luxury 3) By Channel: Direct Sales, Distributor 4) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking Subsegments Covered: Hotel And Motel, Casino Hotels, Bed And Breakfast Accommodation, All Other Traveler Accommodation, RV (Recreational Vehicle) Parks And Campgrounds, Recreational And Vacation Camps, Dormitories, Off Campus Establishments, Migrant Workers' Camps

Student and workers non-residential accommodations refers to services like hotels, hostels, campgrounds, and other private lodging facilities that offer transient housing as well as other hospitality services. These establishments offer short-term or long-term lodging that can serve as a primary residence for the duration of the stay. The main types of students and workers non-residential accommodation are dormitories, off campus establishments, and migrant workers' camps. The dormitories refer to non-residential buildings offering sleeping and residential spaces for large numbers of people such as boarding school, high school, and college students. These are often large buildings split into many rooms where student’s live with roommates. The students and workers non-residential accommodation are available at economy, mid-range, and luxury price points that are sold through direct sales, and distributors via online bookings, direct bookings, and other modes of booking. The students and workers non-residential accommodation market research report is one of a series of new reports from The Business Research Company that provides students and workers non-residential accommodation market statistics, including students and workers non-residential accommodation industry global market size, regional shares, competitors with a students and workers non-residential accommodation market share, detailed students and workers non-residential accommodation market segments, market trends and opportunities, and any further data you may need to thrive in the students and workers non-residential accommodation industry. This students and workers non-residential accommodation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global students and workers non-residential accommodation market grew from $15.95 billion in 2022 to $17.63 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The students and workers non-residential accommodation market is expected to grow to $23.91 billion in 2027 at a CAGR of 7.9%. Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion, and multi-national companies setting up facilities in high-growth regions, thereby allowing restaurant operators to offer their cuisines to customers around the world. Globalization is also making it easier for restaurants to procure exotic ingredients and hence provide a more sophisticated and wider variety of dishes to their customers, thereby giving restaurants an opportunity to compete globally. Furthermore, globalization has increased the number of potential vendors for restaurants, lowering the bargaining power of suppliers and thus helping the bottom line. For example, McDonald's is produced in many countries and has franchises around the world. It invests and supports initiatives to adapt its products and services to different locales to ensure its global brand. This rise in globalization is likely to boost investments and consequently drive the market going forward. The outbreak of COVID-19 has acted as a massive restraint on the students and workers non-residential accommodation market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the students and workers non-residential accommodation market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Restaurants are using menu engineering and restaurant reporting strategies to improve customers’ experiences and profits. Separate menus for appetizers, entrées/main dishes, desserts, and beverages give servers an additional touch point to ask customers to add something to their order. Also, restaurant operators are analyzing customer preferences through data-driven approaches that enable restaurants to offer relevant choices to customers at each point in the meal. Major companies in the students and workers non-residential accommodation market include American Campus Communities, Unite Group PLC, Campus Apartments Inc., Asset Plus Companies, Centurion Corporation, The Preiss Company, Buckingham Companies and Education Realty Trust. Western Europe was the largest region in the students and workers non-residential accommodation market in 2022. North America was the second largest region in the global students and workers non-residential accommodation market. The regions covered in the students and workers non-residential accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the students and workers non-residential accommodation market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The student and workers non-residential accommodation market includes revenues earned by entities by operating rooming and boarding houses and similar facilities, such as off campus dormitories, residential clubs, and workers' camps. These establishments provide temporary or longer-term accommodation, which, for the period of occupancy, may serve as a principal residence. These establishments also may provide complementary services, such as housekeeping, meals, and laundry services. This market includes revenues from sales by restaurants to a delivery service but not the revenues of the delivery service itself. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global students and workers non-residential accommodation market is segmented - 1) By Type: Dormitories, Off Campus Establishments, Migrant Workers' Camps 2) By Price Point: Economy, Mid-Range, Luxury 3) By Channel: Direct Sales, Distributor 4) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking

Non-residential construction is the process of building, altering, repairing, improving, or demolishing any non-residential building or structure such as industrial buildings, commercial buildings, buildings for public entertainment, etc. The main types of non-residential building construction are institutional buildings and commercial buildings. Institutional buildings are municipal structures that can be funded either publicly or privately. Institutional structures are frequently ornately designed and subjected to a great deal of public scrutiny and involvement during the design process. The different building types include non-residential smart buildings, traditional buildings, and buildings that are implemented in various sectors, such as private and public. The non-residential building construction market research report is one of a series of new reports from The Business Research Company that provides non-residential building construction market statistics, including non-residential building construction industry global market size, regional shares, competitors with a non-residential building construction market share, detailed non-residential building construction market segments, market trends and opportunities, and any further data you may need to thrive in the non-residential building construction industry. This non-residential building construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global nonresidential building construction market grew from $2791.54 billion in 2022 to $2903.75 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nonresidential building construction market is expected to grow to $3294.4 billion in 2027 at a CAGR of 3.2%. A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the non-residential building construction market during the forecasted period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-residential building construction market in 2020 as supply chains were disrupted due to trade restrictions and construction activities were affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Construction companies depend on the supply of raw materials and equipment from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, companies had to halt construction activities due to a lack of equipment and raw materials. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential building construction market will recover from the shock over the forecast period as it is a “black swan” event and not related to ongoing or fundamental weaknesses in the market or the global economy. Building construction companies are increasingly using green construction techniques to build energy-efficient buildings and reduce construction costs. Green construction refers to the practise of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to the World Green Building Trends Survey, about 60% of construction firms across the globe were involved in green construction projects. Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled materials are being widely used in the UK. Other green construction techniques such as cross-ventilation for a more natural environment, green construction software such as Construction Suite to ensure green compliance, and the Green Globes management tool are also being used in the construction industry. Major companies in the non-residential building construction market include Shanghai Construction Group Co., Ltd., Bouygues SA, Greenland Holding Group, Obayashi Corporation, Daiwa House Group Asia-Pacific was the largest region in the non-residential building construction market in 2022. North America was the second-largest region in the non-residential building construction market. The regions covered in the global non-residential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the non-residential building construction market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The non-residential building construction market includes revenues earned by entities by constructing non-residential buildings such as hotels, restaurants, educational buildings, health buildings, and other non-residential buildings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global nonresidential building construction market is segmented - 1) By Type: Institutional Buildings, Commercial Buildings 2) By End User Sector: Private, Public 3) By Buidling Type: Non residential Smart Buildings, Traditional Buildings Subsegments Covered: Education Buildings, Public Convenience Buildings, Government Buildings, Religious Buildings, Healthcare Buildings, Office And Factory Buildings, Hospitality And Restaurant Buildings, Entertainment And Sports Buildings, Retail And Other Commercial Buildings

Non-residential green buildings construction is the process of building, altering, repairing, improving, or demolishing any non-residential housing structure which is built to be environmentally sustainable using a detailed design and plan. The main product types of non-residential green buildings are interior products and exterior products. Interior products are low-impact natural materials, including natural clay plaster, natural fibre flooring, paperless drywall, and low VOC content paints and coatings, that replace synthetic materials in the interior finishes of green buildings. The major components include roofing, insulation, framing, exterior siding, interior finishing, and others and are used in offices, education, hotels and restaurants, retail, institutional/assembly, healthcare, and warehouses. The non-residential green buildings market research report is one of a series of new reports from The Business Research Company that provides non-residential green building market statistics, including non-residential green building industry global market size, regional shares, competitors with a non-residential green building market share, detailed non-residential green building market segments, market trends and opportunities, and any further data you may need to thrive in the non-residential green buildings industry. This non-residential green building market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non-residential green buildings market size will grow from $921.65 billion in 2022 to $1,034.1 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global non-residential green buildings market size is expected to grow to $1,644.71 billion in 2027 at a CAGR of 12.3%. An increasing need for sustainable and eco-friendly solutions has contributed to the growth of the non-residential green building market. According to the USGBC (U.S. Green Building Council) report, green buildings can reduce carbon emissions by 34% and consume 25% less energy than conventional buildings. For instance, in 2021, according to the annual ranking report from the US Green Building Council (USGBC), China is ranked first with 1,077 certified LEED projects that reduced carbon emissions, followed by Canada with 205 LEED projects and India with 146 LEED projects. It has now become essential for commercial construction companies to give priority to sustainable design and construction techniques to utilise our planet's finite resources in a sensible way. Encouraging sustainable business practises is an important reason for building green in most countries, for the conservation of energy and protection of natural resources. Moreover, increased concerns about global warming resulted in sustainable and eco-friendly activities, which increased the demand for non-residential green building markets. Concern about affordability and the perception that green is for high-end projects is expected to limit the growth of the non-residential green building market. It is associated with high-end projects, a perception that is growing worldwide. According to the North American Dodge Data & Analytics green building trends report, nearly 37% in the US and 36% in Canada perceive those green buildings are not affordable and are only meant for high-end projects, and 1/3 of respondents in Germany perceive accordingly. Similarly, around 41% of the UAE, 32% of Southeast Asians, and 37% of South Africans reported it as an obstacle and one of the major challenges. Decreasing affordability due to an increased perception that green is for high-end projects is limiting the growth of the market. Living roofs, or green roofs, are increasingly being implemented in green buildings. A green roof is a roof of a building that is covered with vegetation and soil, or a growing medium, planted over a waterproofing membrane. Green roofs last longer when compared to conventional roofs. They also reduce energy costs with natural insulation; reduce temperatures (heat and cold) by absorbing and trapping them; reduce storm water runoff; filter pollutants and carbon dioxide out of the air; and increase wildlife habitat in built-up areas. It is believed that to reduce the ambient temperature of the city by 2%, 8% of the roofs in the city must be greener. In the USA, around 25 cities have some sort of programme to encourage green roofs, and in Portland, Ore., it is mandatory to have vegetation cover 100% of the roofs on buildings in the central city over 20,000 square feet (with some exceptions). Therefore, green roofs are an emerging trend in the non-residential green building market. Major players in the non-residential green buildings market are Turner Corp., Clark Construction, AECOM, Swinerton, Hensel Phelps, Skanska, Whiting-Turner Contracting Co., Holder Construction, Webcor, Walsh Group. Asia-Pacific was the largest region in the non-residential green buildings market in 2022. Eastern Europe is expected to be the fastest-growing region in the global nonresidential green buildings market during the forecast period. The regions covered in the global nonresidential green buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the non-residential green buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The non-residential green building construction market includes revenues earned by entities by constructing non-residential green buildings such as offices, sports, college buildings, and other commercial buildings. The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential green building construction work performed includes new work, additions, alterations, maintenance, and repairs. A Green building is an environment sustainable building which is designed, constructed and operated to minimize the environmental impacts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global nonresidential green buildings market is segmented - 1) By Product: Interior Products, Exterior Products 2) By Application: Office, Education, Hotels and Restaurants, Retail, Institutional/ Assembly, Healthcare, Warehouse 3) By Component: Roofing, Insulation, Framing, Exterior Siding, Interior Finishing, Other Components

Food and beverage service refers to the activity of preparation, exhibiting, and serving meals and drinks to consumers. The forms and cuisines that make up food can vary greatly. The main types of food and beverage services are restaurants and mobile food services, bars and cafes, catering services, and food contractors. Catering services is the business of providing food service at a remote location or at a specific location, such as a hotel, hospital, pub, airline, cruise ship, park, filming location or studio, entertainment location, or event venue. Chain markets and standalone markets own the services, and prices range from high-end to low-end. These services are provided through online and offline modes. The food and beverage services market research report is one of a series of new reports from The Business Research Company that provides food and beverage services market statistics, including food and beverage services industry global market size, regional shares, competitors with a food and beverage services market share, detailed food and beverage services market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverage services industry. This food and beverage services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food and beverage services market grew from $3,559.94 billion in 2022 to $3,763.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food and beverage services market is expected to grow to $4,651.03 billion in 2027 at a CAGR of 5.4%. The food and beverage services market is expected to benefit from the rising digitalization of food services. Consumers are increasingly preferring to order food online for home delivery. For instance, according to KPMG, the average spend per person per year on food takeaways in the UK rose by 42% over two years, from £452 ($506) in 2019 to £641 ($721) in 2021 . Major companies providing food delivery services include Deliveroo, Just Eat, and Uber Eats. This trend is likely to continue in the forecast period and will drive the food and beverage services market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverage services market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage services market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Modernizing technologies in restaurants improves customer satisfaction, thereby boosting restaurant sales. Establishments in the industry are introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment, and digital entertainment such as gaming. For instance, in 2020, McDonald’s, a US-based fast food company, created a team focused on digital customer engagement as the restaurant industry continues to look to technology as a key way to boost sales. The new team is part of the fast-food company's ambition to leverage technology to reach out to customers and increase sales. As part of that endeavor, McDonald's has installed digital self-order kiosks in its restaurants, expanded meal delivery, and made tech-focused investments. Major companies in the food and beverage services market include Compass group plc, Starbucks, Sodexo, Aramark corporation, McDonald's, Darden Restaurants, Yum China Holdings Inc., Chipotle, Berkshire Hathaway Inc. and Subway. Asia-Pacific was the largest region in the food and beverage services market in 2022. North America was the second largest region in the food and beverage services market. The regions covered in the food and beverage services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food and beverage services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverage services market includes revenues earned by entities by providing meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food and beverage services market is segmented - 1) By Type: Restaurants And Mobile Food Services, Bars And Cafes, Catering Services And Food Contractors 2) By Ownership: Chain Market, Standalone Market 3) By Pricing: High-End, Economy 3) By Service: Online, Offline Subsegments Covered: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services, Snack And Nonalcoholic Beverage Bars, Drinking Places (Alcoholic Beverages), Food Service Contractors, Catering Services

Food emulsifiers are surface-active agents that act as a boundary between two insoluble fluids, such as water and oil, enabling them to be blended into stable emulsions. Food emulsifiers are added to bread, salad, dressings, sauces, ice creams, puddings, and various other food items to reduce stickiness, control crystallization, and prevent separation. The main types of food emulsifiers are lecithin, monoglyceride, diglyceride, and derivatives, sorbitan ester, polyglycerol ester, and others. Lecithin is used in food applications as a lubricant, aerating agent, and viscosity transformer. The lecithin emulsifier's molecular structure makes it a good emulsifier for the interaction of water and oil. The food emulsifiers are either natural or synthetic and are available in different forms such as fine powder, hydrate. Food emulsifiers are used in various applications such as dairy and frozen products, bakery, meat, poultry and seafood, beverage, confectionery, and others. The food emulsifiers market research report is one of a series of new reports from The Business Research Company that provides food emulsifiers market statistics, including food emulsifiers industry global market size, regional shares, competitors with a food emulsifiers market share, detailed food emulsifiers market segments, market trends and opportunities, and any further data you may need to thrive in the food emulsifiers industry. This food emulsifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food emulsifiers market size grew from $3.33 billion in 2022 to $3.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The food emulsifiers market size is expected to grow to $4.84 billion in 2027 at a CAGR of 7.5%. The increasing demand for packaged and convenience food across the globe is significantly contributing to the growth of the food emulsification market. Food emulsifiers are increasingly being used in packaged and convenience food products to prevent microbial spoilage. Demand for packaged and ready-to-eat food is growing due to busy lifestyles, changing eating habits of the population worldwide, and the spread of COVID-19 pandemic. For instance, according to an Assocham (Associated Chamber of Commerce and Industry of India) survey conducted in 2020, roughly 79% of Indian households prefer instant food due to lack of time. Therefore, the increasing demand for packaged and ready-to-eat food is expected to drive the growth of the food emulsifiers market in the coming years. Food emulsifier manufacturers are using clear emulsion technology for safe and allergen-free emulsification of food products including beverages, nootropics, edibles, nutraceuticals, and topical. Clear emulsion technology features multiple benefits for food product developers including stability, safety, bioavailability, homogeneity, seamless integration, and others. For instance, in 2020, a US-based water-soluble emulsion technology company, SORSE Technology developed SORSE Clear, a clear emulsion with a minimal sensory profile that is made with allergen-free and vegan-friendly ingredients. In September 2021, AAK Foods, UK-based plant-based oils, and food emulsifier acquired BIC Ingredients for an undisclosed amount. Through this acquisition, AAK Foods aims to strengthen its product portfolio in lecithin offering and to gain the competitive advantage in the market. BIC Ingredients is an England-based plant-based food emulsifier such as lecithin. Major players in the food emulsifiers market are Dupont Nutrition And Biosciences, Palsgaard A/S, Riken Vitamin Co. Ltd., Cargill, Estelle Chemicals Pvt. Ltd., Kerry Group Inc., Tate & Lyle, Corbion N.V., Lonza Group Ltd., BASF SE, Puratos Group, Koninklijke DSM N.V., Beldem S.A., Lecico GmbH, Lasenor Emul, S.L., and ABITEC Corporation. Europe was the largest region in the food emulsifiers market in 2022. The Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the food emulsifiers report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the food emulsifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food emulsifiers market consists of sales of lecithin, monoglyceride, diglyceride, derivatives, sorbitan ester, polyglycerol ester, and other food emulsifiers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food emusifiers market is segmented - 1) By Type: Lecithin, Monoglyceride, Diglyceride, and Derivatives, Sorbitan Ester, Polyglycerol Ester, Other Types 2) By Nature: Natural, Synthetic 3) ByForm: Fine Powder, Hydrate 4) By Application: Dairy And Frozen Products, Bakery, Meat, Poultry, and Seafood, Beverage, Confectionery, Other Applications

Food and beverage stores are stores that sell edible product used wholly or partially for human consumption that is raw, cooked, or processed from fixed point-of-sale locations. The main types of food and beverages stores are specialty food stores, beer, wine, and liquor stores. A specialty food store is a retailer that sells food that is only available in a restricted number of locations. The food and beverages stores have ownership by retail chains and independent retailers with price ranges of premium, mid-range, and economy. The food and beverages stores market research report is one of a series of new reports from The Business Research Company that provides food and beverages stores market statistics, including food and beverages stores industry global market size, regional shares, competitors with a food and beverages stores market share, detailed food and beverages stores market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverages stores industry. This food and beverages stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food and beverage stores market grew from $2,210.65 billion in 2022 to $2,441.19 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food and beverage stores market is expected to grow to $3,525.79 billion in 2027 at a CAGR of 9.6%. The food and beverage stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that global GDP growth was 3.3% in 2020 and 3.4% in 2021. Commodity price recovery following a historical decline is also expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverage stores market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage stores market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Self-checkout technology is being widely used in department stores, specialty stores, and small convenience stores to automate payments. Self-checkout systems are integrated with a mobile software application to collect purchase data and to automatically receive payment. They make use of Near Field Communication (NFC) or quick response code (QR code), which is a machine-readable optical label. This eliminates the need for checkouts, queues, loading and unloading, and employees to operate the checkout counter. This type of automation reduces operational costs and saves time spent on manual billing. Self-checkout systems are being used extensively by retail stores in the USA and the UK. For instance, a survey on self-service checkouts in multiple countries found 90% of respondents use self-checkouts, of which Australia and Italy were leading. Wal-Mart has installed 10,000 self-checkout systems in its 1200 stores across the USA. Major companies in the food and beverages stores market include Woolworths Ltd., Alimentation Couche-Tard Inc., Koninklijke Ahold Delhaize N.V, LVMH Moet Hennessy Louis Vuitton SE, George Weston Ltd., Jardine Matheson, Seven & i Holdings Co. Ltd., Marubeni, Greggs plc, and Lancaster Colony Corporation. Asia-Pacific was the largest region in the food and beverage stores market in 2022. Africa was the second largest region in the food and beverage stores market. The regions covered in the food and beverages stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food and beverages stores market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverage stores market includes revenues earned by entities by providing services through restaurants, bars, coffee shops, and banquets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food and beverage stores market is segmented - 1) By Type: Specialty Food Stores, Beer, Wine And Liquor Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Price Range: Premium, Mid-Range, Economy

A hotel or other travel accommodation refers to a location where legitimate travelers may get food or shelter as long as they have the means to pay for it and are in good enough health to be accepted. Accommodation is a group of rooms or a building in which someone may live or stay and is essential for any tourists who want to travel to another destination or on a trip because you will always need a place to stay such as hotels, caravan parks, camp sites, and so on. Hotels and motels are the most common types of hotel and other travel accommodation, followed by casino hotels, bed and breakfast lodging, and all other types of traveler lodging. A bed & breakfast accommodation is a form of lodging that includes an overnight stay as well as the first meal of the day in the fee. The different modes of booking involve online bookings, direct bookings, and others, and they include various ownerships such as chained, standalone. The price point of the services includes economy, mid-range, and luxury and they are used for tourist accommodation (leisure), official business (professional). The hotel and other travel accommodation market research report is one of a series of new reports from The Business Research Company that provides hotel and other travel accommodation market statistics, including hotel and other travel accommodation industry global market size, regional shares, competitors with a hotel and other travel accommodation market share, detailed hotel and other travel accommodation market segments, market trends and opportunities, and any further data you may need to thrive in the hotel and other travel accommodation industry. This hotel and other travel accommodation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global hotel and other travel accommodation market grew from $747.32 billion in 2022 to $846.64 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hotel and other travel accommodation market is expected to grow to $1049.6 billion in 2027 at a CAGR of 5.5%. The increasing use of social media and access to mass media is positively impacting the tourism and hotel industries. With tourists sharing their travel information, photographs, and videos on social media platforms, people are increasingly becoming aware of the tourist destinations and recreational experiences offered by different countries around the world. For instance, in October 2022, according to a report published by Kepios Pte. Ltd., a Singapore-based online reference-based library, over the last year, social media users increased by 227 million, reaching 4.70 billion by the beginning of July 2022. Over the last year, the global social media user base has grown by more than 5%, with the most recent global total now equaling 59 percent of the world's total population. Every day, the world spends more than 10 billion hours on social media platforms, which is nearly 1.2 million years of human existence. Therefore, the increasing use of social media and access to mass media is growing demand for hotel and other travel accommodation market. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the hotel and other travel accommodation market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the hotel and other travel accommodation markets will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Hotels are using technologies that are transforming customer experiences. Some technologies are leading to great improvements and savings for the hotel and other travel accommodation markets. The most significant trends in the accommodation industry are the use of near-field-communication (NFC) technology, infrared technology, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant and secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes, cut costs and personalize the experience for guests. Major companies in the hotel and other travel accommodation market include Marriott International, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd., Intercontinental, Hilton Worldwide Holdings, Accor Hotels, TUI Group, Shanghai Jin Jiang International Hotels (Group) Company Limited. Asia-Pacific was the largest region in the hotel and other travel accommodation in 2021. North America was the second largest region accounting in the global hotel and other travel accommodation market. The regions covered in the hotel and other travel accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hotel and land other travel accommodation market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The hotel and other travel accommodation market includes revenues earned by entities by providing short-term lodging services such as hotels, motor hotels, resort hotels, and motels. The establishments in this industry may offer food and beverage services, recreational services, conference rooms, convention services, laundry services, parking, and other services. This market includes revenues from sales by restaurants to a delivery service but not the revenues of the delivery service itself. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hotel and other travel accommodation market is segmented - 1) By Type: Hotel And Motel, Casino Hotels, Bed And Breakfast Accommodation, All Other Traveler Accommodation 2) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking 3) By Application: Tourist Accomodation (Leisure), Official Business (Professional) 4) By Price Point: Economy, Mid-Range, Luxury 5) By Ownership: Chained, Standalone