Consumer foodservice in 2024: The big picture
In 2024, consumer foodservice in the US saw continued current value growth, although the rate of increase was slower than in the previous few years, as the industry was imbued with challenges in 2024. Inflation, minimum wage increases, boycotts, the challenges were many, and operators were forced to navigate this environment.
2024 key trends
2024 saw a decline in inflation rates in the US compared with prior years, coming out of the COVID-19 pandemic; however, rates remained higher than desired. This, along with federal interest rate cuts remaining steady heading into 2025, means that plans for outlet growth as part of still ongoing pandemic recovery efforts have yet to hit their stride.
Competitive landscape
McDonald's Corp remained the leading player in consumer foodservice in the US in 2024, although it saw a value share decline, despite an increasing number of outlets. The competitive landscape in consumer foodservice is particularly interesting as the US moves into 2025.
Independent foodservice developments
In 2024, current value growth for independent foodservice slowed down compared with the previous couple of years, coming out of the COVID-19 pandemic. Outside of some more niche consumer foodservice channels, such as street stalls/kiosks (food trucks in particular are seeing a rise) consumer foodservice in the US is only now starting to catch back up to the pre-pandemic level of outlets.
What next for consumer foodservice?
Consumer foodservice in the US is set to see solid, stable current value growth throughout the forecast period, with growth in outlet numbers also anticipated. The future of consumer foodservice in the US is looking brighter in many ways than it has for a while.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Foodservice industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Cafés/Bars
- Full-Service Restaurants
- Limited-Service Restaurants
- Self-Service Cafeterias
- Street Stalls/Kiosks
- Consumer Foodservice by Location
If you're in the Consumer Foodservice industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Foodservice in USA report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Foodservice in USA?
- Which are the leading brands in Consumer Foodservice in USA?
- How are multinational and local operators competing and expanding in USA?
- How are consumer lifestyle trends and eating habits shaping Consumer Foodservice in USA?
- How is the Consumer Foodservice industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Consumer Foodservice in USA? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Consumer Foodservice in the US
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
Cafés/Bars in the US
KEY DATA FINDINGS
Return to office leads to greater promise for cafés/bars
Starbucks’s annus horribilis
Trading down on drinks presents financial challenges for bars/pubs
What is to come of innovations in city centres?
Can the third-place return to US chained coffee and tea shops in a quick-turnaround world?
Alcohol-free and low alcohol beverages open up new opportunities for bars/pubs
Full-Service Restaurants in the US
KEY DATA FINDINGS
Keeping it simple
Experiential dining rises
Competition for mid-range spenders
In 2025 delivery will still be a tale of two operators
Collaborations and apps to engage consumers and increase loyalty
Innovation and sustainability can go hand in hand
Limited-Service Restaurants in the US
KEY DATA FINDINGS
Inflationary period eases, while return to office continues to intensify
Chicken limited-service restaurants performs well, while Charged Lemonade exits
The growth of a barbell-shaped menu strategy
Menu innovation will continue, loyalty apps will abound, and in the distance, electric charging presents new opportunities
California’s minimum wage takes effect, while regulatory changes remain to be seen
Delivery continues to expand rapidly, but pushback is starting to grow
Self-Service Cafeterias in the US
KEY DATA FINDINGS
The legacy of COVID-19 in self-service cafeterias
Opportunities in a stagnant channel
Opportunity to take cues from ghost kitchens
Consolidation allows major players to dictate the pace
Self-service cafeterias should look to partnerships to draw in clientele
Keeping prices low and reducing food waste
Street Stalls/Kiosks in the US
KEY DATA FINDINGS
Street stalls/kiosks uniquely exposed to energy and regulatory risks
Between a hawker centre and mobile food truck lies the food truck park
Franchising comes to food trucks
Street stalls/kiosks likely to leverage their flexibility to come out on top
More brands entering street stalls/kiosks would signal a friendlier landscape
Intersection of sustainability, food, vehicle mandates, and energy
Consumer Foodservice By Location in the US
KEY DATA FINDINGS
US consumers continue to embrace on-the-go lifestyles, and demand that consumer foodservice keeps up
Success stories abound across the consumer foodservice competitive landscape
Convenience and value continue to be demands that resonate with consumers
Challenges abound across locations for foodservice operators
Large investments offer opportunities for growth across different foodservice locations
Parsing demographic shifts will be a challenge for foodservice operators
The following categories and subcategories are included:
Consumer Foodservice
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- Chained Consumer Foodservice
- Independent Consumer Foodservice
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- Chained Cafés/Bars
- Independent Cafés/Bars
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- Chained Bars/Pubs
- Independent Bars/Pubs
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- Chained Cafés
- Independent Cafés
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- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
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- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
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- Chained Full-Service Restaurants
- Independent Full-Service Restaurants
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- Chained Asian Full-Service Restaurants
- Independent Asian Full-Service Restaurants
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- Chained European Full-Service Restaurants
- Independent European Full-Service Restaurants
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- Chained Latin American Full-Service Restaurants
- Independent Latin American Full-Service Restaurants
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- Chained Middle Eastern Full-Service Restaurants
- Independent Middle Eastern Full-Service Restaurants
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- Chained North American Full-Service Restaurants
- Independent North American Full-Service Restaurants
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- Chained Pizza Full-Service Restaurants
- Independent Pizza Full-Service Restaurants
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- Chained Other Full-Service Restaurants
- Independent Other Full-Service Restaurants
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- Chained Limited-Service Restaurants
- Independent Limited-Service Restaurants
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- Chained Asian Limited-Service Restaurants
- Independent Asian Limited-Service Restaurants
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- Chained Bakery Products Limited-Service Restaurants
- Independent Bakery Products Limited-Service Restaurants
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- Chained Burger Limited-Service Restaurants
- Independent Burger Limited-Service Restaurants
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- Chained Chicken Limited-Service Restaurants
- Independent Chicken Limited-Service Restaurants
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- Chained Convenience Stores Limited-Service Restaurants
- Independent Convenience Stores Limited-Service Restaurants
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- Chained Fish Limited-Service Restaurants
- Independent Fish Limited-Service Restaurants
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- Chained Ice Cream Limited-Service Restaurants
- Independent Ice Cream Limited-Service Restaurants
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- Chained Latin American Limited-Service Restaurants
- Independent Latin American Limited-Service Restaurants
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- Chained Middle Eastern Limited-Service Restaurants
- Independent Middle Eastern Limited-Service Restaurants
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- Chained Pizza Limited-Service Restaurants
- Independent Pizza Limited-Service Restaurants
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- Chained Other Limited-Service Restaurants
- Independent Other Limited-Service Restaurants
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- Chained Self-Service Cafeterias
- Independent Self-Service Cafeterias
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- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
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- Consumer Foodservice Through Standalone
- Consumer Foodservice Through Leisure
- Consumer Foodservice Through Retail
- Consumer Foodservice Through Lodging
- Consumer Foodservice Through Travel
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- Takeaway Online Ordering
- Takeaway Offline Ordering
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- First-Party Delivery Services
- Third-Party Delivery Services
- Delivery Offline Ordering
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- Drive-Through
- Eat-In
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- Takeaway Online Ordering
- Delivery Online Ordering
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- Takeaway Offline Ordering
- Delivery Offline Ordering
- Drive-Through
- Eat-in
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Consumer Foodservice
Consumer foodservice is composed of cafés/bars, full-service restaurants, limited-service restaurants, self-service cafeterias and street stalls/kiosks.
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This report originates from Passport, our Consumer Foodservice research and analysis database.
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