Learn about the global restaurants and mobile food services market through The Business Research Company, which provides information on restaurants and mobile food services market size, restaurants and mobile food services market drivers and restraints, restaurants and mobile food services market players, the COVID-19 impact on the restaurants and mobile food services market, and more.

The global restaurants and mobile food services market size is expected to grow from $2,672.94 billion in 2021 to $2,958.31 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth in the restaurants and mobile food services market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The restaurants and mobile food services market is expected to reach $4,262.20 billion in 2026 at a CAGR of 9.6%.

The rise in globalization is likely to boost investments and consequentially drive the market going forward.

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The restaurants and mobile food services market consists of sales of restaurants and mobile food services and related goods by entities (organizations, sole traders and partnerships) that provide food services to patrons who order and are served while seated (i.e., waiter/waitress service) and pay after eating, provide food services to patrons who generally order or select items (e.g., at a counter, in a buffet line) and pay before eating, or prepare and/or serve a specialty snack (e.g., ice cream, frozen yogurt, cookies) and/or non-alcoholic beverages (e.g., coffee, juices, sodas) for consumption on or near the premises. This market includes revenues from sales by restaurants to a delivery service but not the revenues of the delivery service itself.

Global Restaurants And Mobile Food Services Market Segments Include:

By Type: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services

By Ownership: Chain Market, Standalone Market

By Pricing: High-End, Economy

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the restaurants and mobile food services market in 2021.

Establishments in the restaurant and mobile food services market rely heavily on recommendations and reviews, therefore restaurants are promoting themselves through social media platforms. Mobile applications like GrubHub and JustEat allow customers to review, browse the menu and nutrition information, order and make reservations. Social media are enhancing customer loyalty and public reputation as customers share photos and reviews, thereby increasing awareness of restaurants. For example, restaurants are adopting live streaming restaurant videos to engage online followers and interact with them. Social media hence are expected to be a significant driver of the restaurant and mobile food services industry.

TBRC’s restaurants and mobile food services market report covers:

Major Market Players: Darden Restaurants, Yum China Holdings Inc., McDonald’s, Chipotle, Berkshire Hathaway Inc., Subway, Zensho Holdings Co Ltd, Chick-fil-A, Brinker International, Bloomin’ Brands.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Restaurants And Mobile Food Services Global Market Report 2022:  Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides restaurants and mobile food services market overviews, analyses and forecasts market size, share, restaurants and mobile food services market players, restaurants and mobile food services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s restaurants and mobile food services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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