In a new forecast by researchandmarkets.com they announced that in theUnited States Out-of-Home Food and Beverage Market is accepted to grow at theCAGR of around 4.5% by 2018. That topsforecast numbers for the grocery sector and c-store sectors. Here is a look at the numbers for Out of HomeMarket Share:
“In US, out-of-home food industry is the dominating segment with around84.06% of the market in terms of the market value and the demand of food islikely to be majorly driven due to changing life style of the society alongwith consumption patterns of the population. However, the beverage market of USout-of-home segment is majorly driven due to increasing per capita disposableincome, changing lifestyle and spending pattern of the individuals. Accordingto United States Out-of-home Food and Beverage Market Forecast &Opportunities, 2018 figures that by 2018, recreational places will alsogenerate and improve on the out-of-home food and beverages sales. By 2018,out-of-home food and beverages industry is accepted to grow at the CAGR ofaround 4.5% by value.”
The ready-2-eat and heat-N-eat food market isgrowing fast in new non-traditional points of distribution and restaurants cangarner market share while expanding the brand. The Grocerant niche continues to boom.
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