The global food service market revenue was valued at USD 3,486.58 billion in 2024 and is anticipated to increase from USD 4,027.61 billion in 2025 to USD 6,810.86 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.79% over the forecast period. The U.S. food service market is expected to grow substantially, and it is projected to reach USD 1,767.54 billion by 2030. Additionally, the market size in the U.S. is forecasted to hit USD 1.71 billion by 2032, driven by the expanding number of fast food outlets and rising consumer expenditure on fast food. In 2024, Asia Pacific led the global food service market, holding a 45.71% share.
