At a CAGR of 3.33%, US Foodservice Market to Rise over the Forecast 2016-2020
The foodservice market in the US to grow at a CAGR of 3.33% during the period 2016-2020. Foodservice refers to the sale of food and beverages that have been prepared out-of-home for immediate consumption, either on the premises from where they are purchased or for takeaway or home delivery. The foodservice industry caters to cafeterias, hospitals, cafs, pubs, nightclubs, bars, and hotels. Foodservice has become prevalent in educational institutions and office complexes, as students and office workers prefer to buy...
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