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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%.
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
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