Date: December, 2005
Abstract: The United States (U.S.) foodservice sector experienced its 14th year of continuous growth in 2005 with sales projected at USD 476 billion (see Figure 3.1).This is a compound annual growth rate (CAGR) of 4.94 percent over the past four years with the growth coming predominantly from increases in consumers’ disposable income.
Company factors, which have contributed to this growth, include increasing consumer choice by introducing new products, and improving food quality, service and r...
Research Type: Outlook