The global food & beverage services market is forecast to grow from $3,232.94 billion in 2021 to $3,678.61 billion in 2022. That represents a compound annual growth rate (CAGR) of 13.8%. Growth is primarily due to companies rearranging operations amid recovery from the COVID-19 pandemic that resulted in so many challenges for the industry. By 2026, the market is expected to surge to $5,235.52 billion at a CAGR of 9.2%.
Share this:
Tags:
Benchmark International,
middle-market,
Food and Beverage,
Mergers and Acquisitions,
Exit planning,
exit strategy,
growth strategy,
#FoodNews,
2022,
MandAtrends,
Food Industry,
Food Industry Report,
Outdoor Dining,
sustainablitiy,
Dining,
Food and Beverage Technology,
Plant-Based Foods,
Food Services