Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR40970

  • Latest News- Food Service Market in APAC: Food sales is expected to lead the Product segment during 2025-2029

    The Food Service Market in APAC is being driven by Changing lifestyles and rise in demand for convenient food

    The Food Service Market in APAC is expected to grow at a CAGR of 29.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9940.4 million. In the APAC food service market, the trend toward healthier food options is driving a significant increase in demand for gluten-free ingredients. Key components of this shift include aluminum-free baking powder, gluten-free flour, and organic baking flour. Despite their higher manufacturing and raw material costs, these ingredients are gaining popularity among health-conscious consumers in the United States. Gluten, a protein found in wheat, rye, and barley, is commonly used in the production of fast food staples such as pizzas, burgers, and sandwiches. As consumer preferences continue to evolve, the demand for gluten-free alternatives is poised to fuel market expansion. 

    Get more information on Food Service Market in APAC by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Product
      • Food sales
      • Beverage sales
    • Type
      • Delivery and takeaway
      • Restaurants
      • Fast food
      • Cafes and bars
      • Others
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • Changing lifestyles and rise in demand for convenient food
    • Increasing number of foodservice chains
    • Growing popularity of mobile food service stations

    However, the market also witnesses some limitations, which are as follows:

    • Fluctuating raw material prices
    • Growing preference for home-cooked food
    • Risks associated with suppliers

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    Market Scope in Food Service Market in APAC Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    182

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 29.9%

    Market growth 2025-2029

    USD 9940.4 million

    Market structure

    market_structure.ucfirst

    YoY growth 2024-2025(%)

    28.9

    Key countries

    China, Japan, India, South Korea, and Rest of APAC

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

    Request Free Sample

    Find out which segment is leading the market by accessing the free PDF report

    Research Analysis Overview

    In the Food Service Market of APAC, focus is on efficient Storing and Delivering of Food to Consumers through Restaurants, Cafes, and Bars. Centralized food service systems like Commissary Food and Business Management prioritize Food safety regulations, Customer service, and Compliance with Food safety agencies and Food laws. The market offers Employment opportunities and prioritizes Sustainability, reducing Foodborne illnesses through adherence to the Food Code. Food preparation and Distribution are streamlined for maximum Efficiency, ensuring Public health and adherence to Food safety regulations.

    Market Research Overview

    The Food Service Market in APAC within the parent global Hotels, Resorts and Cruise Lines industry encompasses businesses specializing in food service, including commissary food systems and centralized food operations. Compliance with stringent food safety regulations is paramount, ensuring customer satisfaction and business continuity. Market expansion is fueled by the burgeoning travel and tourism sector, with increasing numbers of travelers from both emerging and developed economies. Effective business management practices, such as streamlined operations and exceptional customer service, further bolster industry growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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