2021 Global Foodservice Market: Insights, Trends, and Forecasts
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Uncover our full report disclosing how recent critical shifts in the global foodservice market are affecting catering organizations today, and how to come out on top.
Abstract:
The year 2020 irreversibly changed the foodservice industry, but what will happen in the remainder of 2021 and beyond? And what steps will foodservice companies need to take to emerge as strong players in market in a post-pandemic era? We bring you 2021’s latest edition of our Global Foodservice Market: Insights, Trends, and Forecasts report.
In this report, we disclose the insights that our foodservice experts have compiled over the last 9 months revealing how eating behaviors have seen a marked shift in all demographics, and what megatrends are emerging due to the Covid-19 pandemic.
Find out below which emerging technologies and business practices will reshape the future of the foodservice organizations to cater more towards mental and emotional wellbeing and create a new foundation for healthy eating.
KEY FINDINGS:
According to Technavio, $985.78 Billion estimated growth of the global foodservice market with increasing demand for customization and transformation
With customers' everchanging needs, foodservice operators have been using various innovative technologies to differentiate themselves from the competition.
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More pressure will be on minimizing food waste and adjusting to new innovative ways to treat leftover food
Technomic’s July 2020 Delivery & Takeout report indicates that customized delivery and takeout sales will emerge, with 42% of customers order food online via a mobile
COVID-19 will change consumer food habits with increasing dependency on superfoods and plant-based products
Digitalization and automation will reduce overall operational costs while maintaining output and quality
2021 Global Foodservice Market - Insights, Trends, and Forecasts