Australia markets closed

  • ALL ORDS

    7,078.90
    -28.20 (-0.40%)
     

  • ASX 200

    6,800.40
    -23.30 (-0.34%)
     

  • AUD/USD

    0.7717
    -0.0050 (-0.65%)
     

  • OIL

    51.98
    -1.15 (-2.16%)
     

  • GOLD

    1,855.50
    -10.40 (-0.56%)
     

  • BTC-AUD

    41,680.55
    -642.23 (-1.52%)
     

  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     

  • AUD/EUR

    0.6336
    -0.0044 (-0.69%)
     

  • AUD/NZD

    1.0737
    -0.0017 (-0.16%)
     

  • NZX 50

    13,333.43
    +221.24 (+1.69%)
     

  • NASDAQ

    13,366.40
    -38.59 (-0.29%)
     

  • FTSE

    6,695.07
    -20.35 (-0.30%)
     

  • Dow Jones

    30,996.98
    -179.03 (-0.57%)
     

  • DAX

    13,873.97
    -32.70 (-0.24%)
     

  • Hang Seng

    29,447.85
    -479.91 (-1.60%)
     

  • NIKKEI 225

    28,631.45
    -125.41 (-0.44%)
     
Sign up NOW ✉️:

Want to master your money in 2021?

Join Yahoo Finance's 6-week bootcamp challenge!

Global Food Service Market in APAC 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

·4-min read

The food service market in APAC is expected to grow by USD 344.23 billion, progressing at a CAGR of over 5% during the forecast period.
Click & Get Free Sample Report in Minutes

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201126005569/en/

Technavio has announced its latest market research report titled Food Service Market in APAC 2020-2024 (Graphic: Business Wire)

The rise in the demand for convenient food is one of the major factors propelling market growth. However, factors such as the growing preference for home-cooked food will hamper the market growth.

More details: https://www.technavio.com/report/food-service-market-in-apac-industry-analysis

Food Service Market In APAC: Type Landscape

Based on the product landscape, the restaurant segment is expected to post significant growth during the forecast period.

Food Service Market In APAC: Geographic Landscape

By geography, China is going to have lucrative growth during the forecast period. About 64% of the market’s overall growth is expected to originate from China.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Related Reports on Consumer Discretionary Include:

Food Colors Market by Product and Geography - Forecast and Analysis 2020-2024: The food colors market size has the potential to grow by $ 699.35 mn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Click and get a FREE sample report in minutes

Organic Baby Food Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024: The organic baby food market size has the potential to grow by USD 4.38 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Click and get a FREE sample report in minutes

Companies Covered:

  • Barista Coffee Co. Ltd.

  • Del Taco Restaurants Inc.

  • Domino's Pizza Inc.

  • McDonald's Corp.

  • Papa John's International Inc.

  • Restaurant Brands International Inc.

  • Seven & i Holdings Co. Ltd.

  • Starbucks Corp.

  • The Wendy's Co.

  • and Yum! Brands Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, until 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Product

  • Market segments

  • Comparison by Product placement

  • Food sales - Market size and forecast 2019-2024

  • Beverage sales - Market size and forecast 2019-2024

  • Market opportunity by Product

Market Segmentation by Type

  • Market segments

  • Comparison by Type placement

  • Restaurants - Market size and forecast 2019-2024

  • Delivery and takeaway - Market size and forecast 2019-2024

  • Fast foods - Market size and forecast 2019-2024

  • Cafés/bars - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • China - Market size and forecast 2019-2024

  • Rest of APAC - Market size and forecast 2019-2024

  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers

  • Volume driver - Demand led growth

  • Volume driver - Supply led growth

  • Volume driver - External factors

  • Volume driver - Demand shift in adjacent markets

  • Price driver - Inflation

  • Price driver - Shift from lower to higher priced units

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Barista Coffee Co. Ltd.

  • Del Taco Restaurants Inc.

  • Domino's Pizza Inc.

  • McDonald's Corp.

  • Papa John's International Inc.

  • Restaurant Brands International Inc.

  • Seven & i Holdings Co. Ltd.

  • Starbucks Corp.

  • The Wendy's Co.

  • Yum! Brands Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201126005569/en/

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/

Latest stories

  • Portugal to hold election amid virus spike

    As Portuguese voters prepare to pick new president, many fear going to the polls could worsen a surge in coronavirus cases.

  • Cricket's bubble life 'unsustainable': Faf

    South Africa's most experienced player Faf du Plessis, preparing for the Pakistan series, is concerned that 'bubble' life for players is simply unsustainable.

  • Okschain Reveals Ambitious Strategy To Transform Finance, AI & Alternative Energy

    Tallinn, Estonia, Jan. 23, 2021 (GLOBE NEWSWIRE) -- Uzbek technology company to release wallet, lending, investing and learning hubs built on the Stellar blockchain Uzbekistan-based blockchain project Okschain has announced an ambitious plan for 2021, focusing on a series of fintech services that solve many of the biggest challenges facing current blockchain technology. The Okschain platform aims to provide a full suite of products and services which make finance easier and more affordable, while leading the industry in transaction speed, security, reliability and convenience. Developed as a fork of the Stellar blockchain used by the likes of Wirex and IBM, Okschain will remove barriers to entry for traditional financial products such as payments, saving, lending and investing. Platform users will transfer funds and make payments through a universal wallet, exchange digital assets with a low-fee decentralized exchange. In phase 2, Okschain will enable crypto and fiat investing, peer-to-peer lending, traditional lending and AI-powered microloans. The platform will also feature a tokenized version of the team’s existing tech investment fund, allowing anyone to invest in a diverse portfolio of investments, from data and mining centres to AI labs and ecotech projects. The unique model will enable users to invest small sums in transformative startups that would otherwise be inaccessible to retail investors. The Okschain roadmap Okschain is set to launch the first features of its fintech platform in the first half of 2021, beginning with a multi-currency, fiat-and-crypto digital wallet, a decentralised exchange and a peer-to-peer lending service. The roadmap includes a traditional business-to-consumer lending portal, an API payment gateway which connects merchants with consumers, the creation of a data centre for storage and transmission with Russian, Ukrainian and Asian partners and the launch of its tokenized venture capital fund. Okschain is also launching Okslab, a learning platform to support the training of developers . Course participants will be offered expert tuition in a wide range of technical skills, receive certified qualifications and the opportunity to work with leading companies in Uzbekistan. The project will initially pilot in the team’s home nation, followed by roll-outs to European, Asian, Middle Eastern and African markets. Although fintech lies at the heart of the Okschain vision, the company’s ambitions will see progress in the fields of hard-tech, eco-technology, AI and medicine through 2022 and beyond. The team Okschain was founded by promising young tech entrepreneurs Bekzod Gapparov and Akhrorkhuja Makhmudov. Gapparov, a nanotech graduate with experience in data centres, mining farms and financial services, has served as an advisor to a number of Uzbek blockchain projects. Okschain has assembled a team of developers, analysts, legal advisers and marketers, supported by a dedicated, crypto-savvy community. Founder Bekzod Gapparov said: “Decentralised technology and fintech are growing year on year, but there are still many problems related to storage, payments and lending. Our goal is to solve all of them within one ecosystem, with transparency and fairness at its heart. These values must be the foundations of our new financial system, to guarantee justice and freedom for all of our participants. To make our ambitious plans a reality, the next, exciting phase will involve building on our already significant code base, utilising assets such as our own data centers and leveraging the expertise and professionalism of our talented team. We owe much to the dozens of developers, marketers, investors, partners and supporters who believe in our product, including many of the leading crypto exchanges and decentralized projects. We will not let them down.” For more information on Okschain including its MVP, whitepaper and community platforms, please visit https://okschain.com/. Media Contacts: Company: OkschainEmail: okschain@gmail.comWebsite: https://okschain.com/

  • Cheltenham 0-0 Man City LIVE! Latest score, FA Cup match stream and goal updates today

    Manchester City will be looking to avoid an FA Cup upset today as Pep Guardiola takes his side to face League Two Cheltenham Town. Cheltenham’s reward for beating Morecambe in the third round is a plum tie against one of England’s top teams - and City must be on their guard at Whaddon Road. Michael Duff’s Robins are sitting sixth in League Two heading into this clash, which, in all honesty, is a free hit for the minnows considering the firepower Guardiola will be able to call on.

  • Italy blocks TikTok for some users following girl's death

    Italy has blocked TikTok for some users after a 10-year-old girl died while allegedly participating in a 'choking' challenge.

  • Italy slams vaccine delays as unacceptable

    Italy has lashed out at suppliers of COVID-19 vaccines after Rome was forced to cut its daily rollout of COVID-19 shots by more than two thirds.

  • Brazil's Fiocruz begins distributing 2 mln India-made AstraZeneca shots

    Brazil's federally funded Fiocruz Institute said on Saturday it had begun distributing 2 million ready-to-use AstraZeneca PLC COVID-19 vaccines after they arrived in the country from India on Friday. Brazil's government has a deal with AstraZeneca to produce up to 100 million doses of its vaccine locally at Rio de Janeiro's Fiocruz Institute, but delivery of the active ingredient needed to manufacture them has been plagued by delays from China. As a result, AstraZeneca agreed to supply the government with 2 million ready-to-use doses made in India.

  • En-Nesyri nets treble as Sevilla go third

    Moroccan striker Youssef En-Nesyri shot to the top of La Liga's goalscoring charts with his second hat-trick in a fortnight giving Sevilla a 3-0 win over Cadiz.

  • Top Spanish general resigns over allegations of vaccination queue-jumping

    Spain's top general resigned on Saturday after allegations he had received the COVID-19 vaccine ahead of priority groups, one of a number of public officials who have sparked public anger because of reports they have jumped the vaccination queue. Defence Minister Margarita Robles had asked General Miguel Angel Villaroya, chief of defence staff, for explanations after media reports on Friday that he had received the vaccination.

  • Pope to miss events due to new flare up of leg pain -Vatican

    Pope Francis has suffered a renewed flare-up of a sciatica condition that causes pain in his leg, forcing him to miss three events in the coming 48 hours, the Vatican said on Saturday. The pope is still scheduled to read his weekly noon Angelus address on Sunday, however he will miss two religious ceremonies scheduled for Jan. 24 and 25, and postpone an annual address to the diplomatic corps that was set for Monday. The ailment resurfaced last December and meant Francis could not take part in religious services over the New Year's holiday.

  • Law Firms Are Dumping Office Space -- What it Means for Investors

    Office buildings have been sluggish since the pandemic began. And now, law firms are ditching them left and right.

  • How Are COVID Vaccine Rollouts Going in Europe?

    European countries are facing some challenges, too. In this Motley Fool Live video recorded on Jan. 13, 2021, healthcare and cannabis bureau chief Corinne Cardina and Fool.com writer Keith Speights discuss how the COVID-19 vaccine rollouts in Europe are going. How are things going with the vaccine regulatory and rollout in Europe?

  • Disney+ May Have Another Hit Original Series

    Walt Disney (NYSE: DIS) came out of the gate strong with The Mandalorian leading its slate of Disney+ originals when it launched in late 2019. The series based in the Star Wars universe helped propel the streaming service to tens of millions of global subscribers. While subscription growth remained strong through 2020 as Disney+ expanded globally, some investors may hold concerns about Disney's ability to grow its library of original titles for the platform.

  • Will Biden Lift Sanctions On Venezuela?

    U.S. sanctions have made life extra difficult for the average Venezuelan, and calls on the new Biden Administration to lift sanctions on Venezuela’s oil industry are growing louder

  • Rangers mark Gerrard milestone with Ross County thrashing

    Rangers celebrated Steven Gerrard's 150th match as manager by extending their lead at the top of the Scottish Premiership table to 23 points with a 5-0 thrashing of Ross County at Ibrox on Saturday.

  • Oladapo Afolayan: West Ham debut ‘a dream come true’ as academy graduate scores in FA Cup win vs Doncaster

    Oladapo Afolayan hailed his West Ham debut as a "dream come true" as the academy graduate marked the occasion with a goal as the Hammers beat Doncaster 4-0 in the FA Cup. The 23-year-old striker, who joined the academy ranks in east London from Solihull Moors in 2018, was introduced in a deeper role than he's used to by David Moyes when sent on for Tomas Soucek.

  • How to Make 2021 Your Best Financial Year Ever

    It's not too late to think about financial resolutions and ways to make the most of your money this year.

  • Cheltenham vs Man City LIVE: Latest score, goals and updates from FA Cup tonight

    Pep Guardiola’s side travel to Whaddon Road looking to advance to the fifth round

  • Nine dead as tropical storm hits Africa

    Mozambique has been hit with powerful wind and rain from Tropical Cyclone Eloise, which has killed at least nine people.

  • Macron says France will tighten legislation on incest

    France will tighten its laws on incest, President Emmanuel Macron said in a series of tweets on Saturday, after publication of a book accusing a top French political commentator of abusing his stepson sparked outrage across the country. Macron said on his Twitter account that France needs to adapt its laws to better protect children from sexual violence and he had asked the justice minister to chair a consultation aimed at quickly making legislative proposals. "We will go after the aggressors," Macron said.