According to the latest report of the IMARC group, entitled “catering market in india: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The Indian catering market is expected to grow at a CAGR of XX% during the period 2022-2027. Catering services are catering services in which food is prepared away from home for meals, delivery and take-out. It covers multiple outlets, such as hotels, fast food outlets, restaurants, cafes, airports, theaters, schools, and hospitals. Nowadays, people in urban India frequently opt for catering services for various reasons including convenience, trying new tastes and flavors, and socializing.
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Restaurant Market Trends in India:
The market is mainly driven by the significant growth in the food and beverage industry. In this light, the rising popularity of various food delivery apps is positively influencing the market across the country. In addition, consumer disposable income inflation, coupled with changing food preferences of the masses, is catalyzing the adoption of restaurant services. Additionally, the rapid expansion of electronic distribution channels is driving the growth of the market across the country. Some of the other factors contributing to the market include the widespread trend of socializing among working professionals and the growing popularity of international cuisines in India.
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India catering market 2022-2027 Analysis and segmentation:
Breakdown by sector:
Breakdown by systems:
- Conventional restoration system
- Centralized catering system
- Ready-to-use food service system
- Assemblage-Service Food Service System
Breakdown by type of restaurant:
- Fast food
- Full-service restaurants
- Limited service restaurants
- Special food service restaurants
Breakdown by region:
- North India
- West and Central India
- South India
- Eastern India
The competitive landscape of the industry has also been reviewed along with the profiles of key players.
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.
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