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US Food Service Industry 2024-2034 Insights
The US Food Service Industry is poised for significant expansion, driven by increasing consumer preference for convenience, growing dual-income households, and the rise in out-of-home dining. The market, which is valued at USD 986.5 billion in 2024, is projected to reach USD 1,996 billion by 2034, reflecting a steady CAGR of 8.3%. This growth is supported by advancements in technology, the surge in online food delivery, and the proliferation of quick-service restaurants (QSRs).
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4871
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Food and Beverage
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