This statistic shows the restaurant industry food and drink sales in the United States from 1970 to 2017. In 2016, food and drink sales of the U.S. restaurant industry amounted to approximately *** billion U.S. dollars.
More statistics and facts on fast food, the U.S. restaurant industry and the pizza (delivery) market.
U.S. restaurant industry - additional information
In 2016, food and drink sales in the United States restaurant industry amounted to *** billion U.S. dollars, up from ***** billion U.S. dollars in the previous year. Restaurants in the United States have created a booming industry that employed more than ** million people nationwide in 2015.
Unsurprisingly, the majority of food and drink sales in the U.S. restaurant industry take place in commercial restaurants. In 2016, full-service restaurant sales amounted to *** billion U.S. dollars and limited-service sales were *** U.S. dollars. The second largest contributor in 2015 was retail, vending, recreation and mobile vendors with sales of ***** billion U.S. dollars. The smallest proportion came from came from bars and taverns.
As of December 2016, things were still looking up for the U.S. restaurant industry: the monthly Restaurant Industry Tracking Survey, conducted by the National Restaurant Association, recorded a performance index score of ***** – any score over 100 indicates a period of expansion. The lowest performance index score between 2011 and 2017, ****, was recorded in August 2011. In November 2016, ** percent of U.S. consumers reported that cheaper restaurants would make them dine out more often.
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Find out More on Smart Food Market - Analysis & Forecast (2017-2022) trends, industry outlook and top suppliers with this comprehensive report from BIS Research
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The pet food market in US is forecasted to reach revenues of over $34 billion 2022. The market analysis, size, & growth are offered in the research report.
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Global Fresh Food Market Analysis By Global Industry Size, Share, Trends, Price, Growth, Outlook, Opportunity and Forecast, 2017-2027 Segmented By Type, By Region
Pages | 110 |
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Industrial Food Cutting Machines Market Size 2024-2028
The Industrial Food Cutting Machines Market size is estimated to grow by USD 85.8 million between 2023 and 2028 accelerating at a CAGR of 2.57%. The market experiences continuous expansion, driven by various influential factors. Notably, the increasing frequency of new product introductions significantly contributes to market growth. Additionally, the processing industry's consistent expansion plays a pivotal role in market development. Furthermore, substantial investments in advanced production facilities underscore the market's robustness and potential for future growth. Key players in this sector prioritize innovation and efficiency, ensuring the market remains dynamic and competitive. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.
What will be the size of the Market During the Forecast Period?
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Market Dynamics and Customer Landscape
The growing demand for freshly cut fruits and pre-cooked food has led to advancements in food cutting equipment. Food and beverage firms are investing in automation and ultrasonic technology to enhance productivity and meet consumer demand for high-quality, processed meat products. The governmental backing for food processing technology further supports the market's expansion. The rise in fast-food delivery services and the popularity of quick service restaurants drive the demand for efficient food processing solutions. With gender-neutral activity in kitchen tasks and increased participation from parents, the market for industrial food cutting machines is set to grow. The need for precision, efficiency, and consistency in the food and beverage sector underscores the importance of advanced food processing technologies in the modern food industry. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Drivers
The steady growth of the food processing industry is notably driving the market growth. The growing requirement for food processing as part of the food supply chain globally has helped increase the demand for machines in recent years. Due to the growing popularity of prepared foods that require little preparation time, food companies are increasingly expanding their selection of processed foods.
Additionally, the rising support to the industry through government initiatives in emerging economies, such as India, is expected to further boost the adoption of these processing applications during the forecast period. As part of the Union Budget 2017-2018, the Government of India announced a dairy processing infra fund worth USD 1.2 billion. The government also announced the relaxation of FDI norms for this sector, allowing up to 100% FDI in food product e-commerce. Such reforms are expected to boost the business of these processing companies and subsequently aid the adoption in the coming years. Overall, the growth of the global industry is expected to aid the growth of the global market during the forecast period.
Significant Market Trends
The increasing marketing initiatives taken by companies are the primary market trend. Global companies are using a comprehensive marketing approach, employing various channels such as newspapers, magazines, social media, and TV advertisements, followed by online campaigns to promote their products. This creative strategy improves brand recognition and generates consumer interest, with social media being a crucial component.
Companies utilize social media, particularly Instagram, to showcase product uses and post engaging content to increase product reach and develop brand communities. Increasing marketing efforts are expected to drive the growth of the global market in the forecast period.
Major Market Challenges
An increase in tariffs on steel imports is a major market challenge. The main raw material used is stainless steel. In March 2018, the US imposed a 25% tariff on steel scrap imports to promote domestic production, causing uncertainty in the metals industry. This decision not only impacted China but also other steel-exporting countries such as Canada, Mexico, and Germany, resulting in global steel price fluctuations.
The US imported 35.4 million metric tons of steel in 2017, with China being the largest exporter. NAFTA countries, China, and the EU contributed over 30% of steel imports to the US. Additionally, China's efforts to improve air quality are expected to reduce steel production capacity by 14 million tons in Hebei, a significant steel-producing province. Overall, this uncertainty in the steel trade is likely to negatively affect manufacturing and ve
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The global restaurant fryers market is anticipated to grow at a CAGR of 5.6% over the forecast period (2023 to 2033). Sales in the market are projected to increase from US$ 495.6 Million in 2023 to US$ 854.6 Million by 2033. Restaurant fryers are designed for large quantities of food in the commercial sector and are considered to be efficient and cost-effective choices for restaurants.
Attributes | Key Insights |
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Restaurant Fryers Market Size Value in 2023 | US$ 495.6 Million |
Market Forecast Value in 2033 | US$ 854.6 Million |
Global Growth Rate (2023 to 2033) | 5.6% |
Market Share of China in South Asia | 32% |
Restaurant Fryers Market Report Scope
Attribute | Details |
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Estimated Market Size Value in 2023 | US$ 495.6 Million |
Projected Market Value in 2033 | US$ 854.6 Million |
Global Growth Rate (2023 to 2033) | 5.6% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2023 |
Market Analysis | US$ Million for Value and Units for Volume |
Key Countries Covered |
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Key Region Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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Global Food Safety Testing Market is expected to reach at a CAGR of 7.5% from 2016 - 2021. BIS report focus on market trend, size, growth, Technology, Analysis & Forecast
The real total consumer spending on restaurants and hotels in Denmark was forecast to increase between 2024 and 2029 by in total 182.5 million U.S. dollars (+1.85 percent). This overall increase does not happen continuously, notably not in 2026, 2027 and 2029. The real restaurants- and hotels-related spending is estimated to amount to 10 billion U.S. dollars in 2029. Consumer spending, in this case concerning restaurants and hotels, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 11. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on restaurants and hotels in countries like Norway and Sweden.
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Food Amino Acids Market - Global Industry Size, Share, Trends, Growth, Opportunity, and Forecast, 2017-2027 Segmented By Type, By Source, By Application, By Region
Pages | 110 |
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Forecast Market Size | |
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Largest Market | |
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The real total consumer spending on restaurants and hotels in the Netherlands was forecast to decrease between 2024 and 2029 by in total 828.2 million U.S. dollars (-2.51 percent). This overall decrease does not happen continuously, notably not in 2028. While the real restaurants- and hotels-related spending was increasing earlier, it deteriorated and the real restaurants- and hotels-related spending was forecast to reach 32.2 billion U.S. dollars in 2029. Consumer spending, in this case concerning restaurants and hotels, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 11. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on restaurants and hotels in countries like Belgium and Luxembourg.
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UAE Food Processing Equipment Market is anticipated to grow at a robust CAGR due to the growing demand of convenience foods as a result of the increase in working population of the country. Food Processing Equipment Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Type, By Mode of Operation, By End-Product Form, By Application, By Company and By Geography, Forecast & Opportunities, 2027
Pages | 70 |
Market Size | |
Forecast Market Size | |
CAGR | |
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Largest Market | |
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The global food service equipment market was valued at USD 33.52 billion in 2019 and is expected to register a substantial CAGR of nearly 5.1% during the forecast period, 2020–2027. The growth of the market is attributed to rising expansion of the food service industry, opening up of new fast food chains, and increasing trade volume of the food & beverage sector.
Food service equipment are the collection of tools such as utensils, crockery, and cutlery that are required for the cooking and serving of foods. These equipment are primarily designed for preparing meals outside the home and are widely adopted by restaurants and hotels that provide food services. In terms of its applications, these equipment are used for kitchen purpose, cooking, food holding and storing, and ware washing.
Attributes | Details |
Base Year | 2019 |
Historic Data | 2017–2018 |
Forecast Period | 2020–2027 |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Graph and download economic data for Intermediate Inputs by Industry: Arts, Entertainment, Recreation, Accommodation, and Food Services: Accommodation and Food Services (Chain-Type Price Index) (IIPIAF) from Q1 2005 to Q1 2025 about arts, entertainment, accommodation, recreation, intermediate, chained, private industries, food, services, private, industry, price index, indexes, price, and USA.
The real per capita consumer spending on restaurants and hotels in Sweden was forecast to continuously increase between 2024 and 2029 by in total 170.9 U.S. dollars (+10.54 percent). After the fifth consecutive increasing year, the real restaurants- and hotels-related per capita spending is estimated to reach 1,792.38 U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case per capita spending concerning restaurants and hotels, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 11. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real per capita consumer spending on restaurants and hotels in countries like Norway and Finland.
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The global Gluten Free Prepared Food Market is poised to reach a value of 7004.1 USD Million by 2025 and is projected to reach a value of 12047.1 USD Million by 2035, reflecting a compound annual growth rate of 5.6% over the assessment period 2025 to 2035.
Attributes | Description |
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Estimated Global Industry Size (2025E) | USD 7004.1 Million |
Projected Global Industry Value (2035F) | USD 12047.1 Million |
Value-based CAGR (2025 to 2035) | 5.6% |
Country wise Insights
Country | CAGR, 2025 to 2035 |
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USA | 7.6% |
Germany | 6.2% |
India | 11.9% |
Category-wise Insights
Segment | Value Share (2025) |
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Drinks (Product Type) | 45% |
Segment | Value Share (2025) |
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Supermarket (Sales Channel) | 55% |
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Food Pathogen Testing Market- Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented by Type, By Food Type, By Technolog, By Region
Pages | 110 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
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The global shrimp market is poised to grow significantly from USD 70.09 billion in 2025 to approximately USD 151.32 billion by 2035, advancing at a CAGR of 8.0%.
Attributes | Description |
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Estimated Global Industry Size (2025E) | USD 70.09 billion |
Projected Global Industry Value (2035F) | USD 151.32 billion |
Value-based CAGR (2025 to 2035) | 8.0% |
Shrimp Market Analysis by Top Investment Segments
Species Segment | CAGR (2025 to 2035) |
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Gulf Shrimps | 7.5% |
Form Segment | Share (2025) |
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Canned Shrimp | 80% |
Source Segment | CAGR (2025 to 2035) |
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Organic Shrimp | 9.3% |
Application Segment | CAGR (2025 to 2035) |
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Food | 8.1% |
Country-wise Insights
Country | CAGR, 2025 to 2035 |
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USA | 6.5% |
Germany | 5.3% |
India | 10.2% |
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United States GDP: II: PI: saar: RT: Food & Beverage data was reported at 123.423 2017=100 in Dec 2024. This records an increase from the previous number of 122.682 2017=100 for Sep 2024. United States GDP: II: PI: saar: RT: Food & Beverage data is updated quarterly, averaging 96.636 2017=100 from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 123.423 2017=100 in Dec 2024 and a record low of 77.922 2017=100 in Mar 2005. United States GDP: II: PI: saar: RT: Food & Beverage data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A066: NIPA 2023: GDP by Industry: Intermediate Inputs: Price Index: 2017=100.
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The UAE Foodservice Market report segments the industry into Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), Outlet (Chained Outlets, Independent Outlets), and Location (Leisure, Lodging, Retail, Standalone, Travel). Get five years of historical data alongside five-year market forecasts.
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Vietnam Food Processing Equipment Market is anticipated to grow at a robust CAGR owing to growing popularity of processed and packaged food due to the increasing working population in the country. Food Processing Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Type, By Mode of Operation, By End-Product Form, By Application, By Company and By Geography, Forecast & Opportunities, 2027
Pages | 70 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
This statistic shows the restaurant industry food and drink sales in the United States from 1970 to 2017. In 2016, food and drink sales of the U.S. restaurant industry amounted to approximately *** billion U.S. dollars.
More statistics and facts on fast food, the U.S. restaurant industry and the pizza (delivery) market.
U.S. restaurant industry - additional information
In 2016, food and drink sales in the United States restaurant industry amounted to *** billion U.S. dollars, up from ***** billion U.S. dollars in the previous year. Restaurants in the United States have created a booming industry that employed more than ** million people nationwide in 2015.
Unsurprisingly, the majority of food and drink sales in the U.S. restaurant industry take place in commercial restaurants. In 2016, full-service restaurant sales amounted to *** billion U.S. dollars and limited-service sales were *** U.S. dollars. The second largest contributor in 2015 was retail, vending, recreation and mobile vendors with sales of ***** billion U.S. dollars. The smallest proportion came from came from bars and taverns.
As of December 2016, things were still looking up for the U.S. restaurant industry: the monthly Restaurant Industry Tracking Survey, conducted by the National Restaurant Association, recorded a performance index score of ***** – any score over 100 indicates a period of expansion. The lowest performance index score between 2011 and 2017, ****, was recorded in August 2011. In November 2016, ** percent of U.S. consumers reported that cheaper restaurants would make them dine out more often.