B2B for Food in Foodservice Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 672.7 Million
Market Size 2032 (Forecast Year) USD 1361.91 Million
CAGR 7.3%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

According to Market Research Store, the global B2B for food in foodservice market size was valued at around USD 672.7 million in 2023 and is estimated to reach USD 1361.91 million by 2032, to register a CAGR of approximately 7.30% in terms of revenue during the forecast period 2024-2032.

Global B2B for Food in Foodservice Market Size

The B2B for food in foodservice report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

Global B2B for Food in Foodservice Market: Overview

B2B (business-to-business) for food in foodservice refers to the transactions and relationships between food manufacturers, suppliers, and distributors with businesses in the foodservice industry, such as restaurants, hotels, catering companies, and institutional food providers.

This segment facilitates the procurement of raw materials, ingredients, and ready-to-use food products that are essential for preparing and serving meals. The B2B foodservice market includes a wide range of products, such as fresh produce, meats, dairy, beverages, and packaged foods, and relies heavily on efficient supply chain management to meet the demands of commercial kitchens and dining facilities.

Key Highlights

  • The B2B for food in foodservice market is anticipated to grow at a CAGR of 7.30% during the forecast period.
  • The global B2B for food in foodservice market was estimated to be worth approximately USD 672.7 million in 2023 and is projected to reach a value of USD 1361.91 million by 2032.
  • The growth of the B2B for food in foodservice market is being driven by trends such as the growing demand for sustainable sourcing, premium ingredients, and the integration of technology for better inventory management, order processing, and logistics.
  • Based on the type, the processed food segment is growing at a high rate and is projected to dominate the market.
  • On the basis of application, the fresh food segment is projected to swipe the largest market share.
  • By region, North America is expected to dominate the global market during the forecast period.

B2B for Food in Foodservice Market: Dynamics

Key Growth Drivers

  • Rising Demand for Food Safety and Quality: Consumers are increasingly concerned about the safety and quality of the food they consume. This has led to a growing demand for B2B food suppliers who can provide high-quality, traceable, and safe food products.
  • Growth of the Foodservice Industry: The foodservice industry, including restaurants, hotels, and catering services, is expanding rapidly. This growth is driving demand for a wide range of food products, creating opportunities for B2B food suppliers.
  • Increasing Preference for Convenience and Efficiency: Foodservice businesses are looking for convenient and efficient ways to source food products. B2B food suppliers who offer efficient delivery, streamlined ordering processes, and value-added services are well-positioned to capitalize on this trend.

Restraints

  • Economic Fluctuations: The foodservice industry is sensitive to economic fluctuations. During economic downturns, businesses may reduce their spending on food, impacting demand for B2B food products.
  • Competition from Local Suppliers: Local food suppliers often have a competitive advantage in terms of proximity and familiarity with local tastes and preferences. B2B food suppliers may face challenges competing with local suppliers, especially in smaller markets.
  • Rising Food Costs: The cost of food ingredients is subject to fluctuations due to various factors, including weather conditions, supply chain disruptions, and geopolitical events. Rising food costs can put pressure on B2B food suppliers' margins and limit their ability to offer competitive pricing.

Opportunities

  • Growing Demand for Specialty and Ethnic Foods: Consumers are becoming more adventurous in their food choices, seeking out specialty and ethnic foods. B2B food suppliers who can offer a diverse range of products to meet these demands can capture significant market share.
  • Increasing Focus on Sustainability and Ethical Sourcing: Consumers and businesses are increasingly concerned about the environmental and social impact of their food choices. B2B food suppliers who can demonstrate sustainable and ethical sourcing practices can differentiate themselves from competitors.
  • Technological Advancements: Technological advancements, such as food traceability systems and online ordering platforms, can improve efficiency and transparency in the B2B food supply chain. B2B food suppliers who embrace these technologies can gain a competitive edge.

Challenges

  • Supply Chain Disruptions: The food supply chain is complex and subject to disruptions due to various factors, including natural disasters, geopolitical events, and logistical challenges. B2B food suppliers must develop resilient supply chains to mitigate the impact of these disruptions.
  • Regulatory Compliance: The food industry is subject to a complex regulatory environment, including food safety standards, labeling requirements, and environmental regulations. B2B food suppliers must ensure compliance with these regulations to avoid penalties and maintain their reputation.
  • Changing Consumer Preferences: Consumer tastes and preferences are constantly evolving. B2B food suppliers must stay updated on emerging trends to remain relevant and meet the needs of their customers.

B2B for Food in Foodservice Market: Segmentation Insights

The global B2B for food in foodservice market is divided by type, application, and region.

Segmentation Insights by Type

Based on type, the global B2B for food in foodservice market is divided into fresh food and processed food.

In the B2B foodservice market, processed food dominates due to its convenience, longer shelf life, and ease of storage. Businesses such as restaurants, cafeterias, and catering services rely heavily on processed foods because they simplify operations by reducing preparation time and minimizing waste. Processed foods can include canned, frozen, or ready-to-cook items that are already partially or fully prepared, allowing foodservice providers to serve meals faster while maintaining consistency in taste and quality. The versatility of processed food makes it ideal for large-scale operations where quick service and consistent offerings are essential.

On the other hand, fresh food remains a critical segment, especially in premium foodservice sectors like fine dining, farm-to-table restaurants, and health-focused establishments. Fresh food includes fruits, vegetables, meat, seafood, and dairy products that are minimally processed to maintain natural flavors and nutrients. While fresh food is highly sought after for its quality and health benefits, it poses logistical challenges such as shorter shelf life and the need for continuous, reliable supply chains to ensure freshness. Despite these challenges, many foodservice providers prioritize fresh food for its appeal to health-conscious consumers and the ability to offer high-quality, authentic culinary experiences.

Segmentation Insights by Application

On the basis of application, the global B2B for food in foodservice market is bifurcated into restaurant, hotel, and other.

In the B2B foodservice market, restaurants represent the most dominant segment, largely due to their vast and varied demand for food products across different cuisines and service models. Restaurants range from fast-food chains to fine dining establishments, each requiring a steady supply of fresh and processed ingredients to meet customer expectations.

The sheer number of restaurants globally, combined with the growing popularity of dining out, especially in urban areas, makes this segment a key driver of the foodservice market. Restaurants often depend on B2B suppliers for specialized products, bulk quantities, and consistent quality, enabling them to offer diverse menus and maintain efficient operations.

Hotels, while smaller in scale compared to restaurants, also play a significant role in the B2B foodservice market. Hotels typically cater to a wide range of guests, from tourists to business travelers, and offer various dining options, including room service, buffets, and banquet catering. The demand for food products in hotels is often linked to their reputation for providing high-quality dining experiences, particularly in luxury and resort settings.

Hotels require both fresh and processed foods, tailored to specific culinary themes and events. Although their foodservice operations may not be as extensive as restaurants, hotels focus on delivering premium meals that align with their brand image, making them a vital yet more specialized segment of the market.

B2B for Food in Foodservice Market: Report Scope

Report Attributes Report Details
Report Name B2B for Food in Foodservice Market
Market Size in 2023 USD 672.7 Million
Market Forecast in 2032 USD 1361.91 Million
Growth Rate CAGR of 7.30%
Number of Pages 214
Key Companies Covered Domino’s, Grub Hub, Pizza Hut, Papa John’s International, Jimmy John’s, Zomato, Deliveroo, Just Eat, Swiggy, Takeaway.com, Delivery Hero, Food Panda, and others.
Segments Covered By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

B2B for Food in Foodservice Market: Regional Insights

  • North America is expected to dominates the global market

In the North American B2B foodservice market, the region dominates due to its highly developed foodservice infrastructure, especially in the U.S. and Canada. The presence of well-established restaurant chains, catering companies, and institutional food service providers drives demand. Increasing consumer preference for dining out, along with the rise of food delivery platforms, strengthens the B2B food supply chain. Partnerships between suppliers and foodservice businesses in terms of high-quality food products and innovative food solutions also contribute to the region's strong market position.

Europe follows closely behind, with countries like the U.K., Germany, and France being key players. The region's market benefits from strong demand in the hotel, restaurant, and catering sectors. The European market places significant emphasis on local, sustainable, and organic food products. Government regulations promoting high food safety standards and the growth of green initiatives further bolster the B2B foodservice market, as food suppliers align with consumer demands for ethical sourcing.

Asia-Pacific ranks third, driven by large populations and rapid urbanization in countries like China, India, and Japan. The region has seen a boom in the restaurant industry, fast food chains, and catering services, particularly in urban centers. The growing middle-class population, increased disposable income, and changing food consumption habits contribute to the region's expanding B2B foodservice sector. The demand for diverse cuisines and international food brands is rising, prompting more imports and partnerships with global food suppliers.

In Latin America, the market is growing steadily with countries like Brazil, Mexico, and Argentina playing central roles. The B2B foodservice market in this region is driven by the hotel and restaurant sectors, where tourism has a strong influence. While domestic foodservice remains dominant, there is an increasing trend toward partnerships with international suppliers, especially in catering and institutional services. Challenges such as fluctuating economies and political instability do affect market growth, but overall, the region presents promising opportunities.

Lastly, the Middle East and Africa represents a developing market for B2B foodservice, primarily driven by the Gulf Cooperation Council (GCC) countries, particularly the UAE and Saudi Arabia. The rapid expansion of the hospitality industry, with a focus on tourism and events, has boosted demand for food service suppliers. While the African market lags in development, certain countries like South Africa and Egypt are experiencing growth in their foodservice industries, driven by urbanization and increased foreign investment in the food sector.

B2B for Food in Foodservice Market: Competitive Landscape

The report provides an in-depth analysis of companies operating in the B2B for food in foodservice market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.

Some of the major players in the global B2B for food in foodservice market include:

  • Domino’s
  • Grub Hub
  • Pizza Hut
  • Papa John’s International
  • Jimmy John’s
  • Zomato
  • Deliveroo
  • Just Eat
  • Swiggy
  • Takeaway.com
  • Delivery Hero
  • Food Panda

The global B2B for food in foodservice market is segmented as follows:

By Type

  • Fresh Food
  • Processed food

By Application

  • Restaurant
  • Hotel
  • Other

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • The Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East Africa

 

Frequently Asked Questions:

What will be the value of the B2B for food in foodservice market during 2024- 2032?

Based on statistics from the Market Research Store, the global B2B for food in foodservice market size was projected at approximately US$ 672.7 million in 2023. Projections indicate that the market is expected to reach around US$ 1361.91 million in revenue by 2032.

What will be the CAGR of the global B2B for food in foodservice market?

The global B2B for food in foodservice market is expected to grow at a Compound Annual Growth Rate (CAGR) of around 7.30% during the forecast period from 2024 to 2032.

Which region will drive the global B2B for food in foodservice market?

North America is expected to dominate the global B2B for food in foodservice market.

What are the significant factors driving the global B2B for food in foodservice market?

Significant factors driving the global B2B for food in foodservice market include the increasing demand for convenience in food procurement, growth of the foodservice industry, and rising consumer preferences for high-quality, sustainable, and diverse food products.

Who are the leading players functioning in the global B2B for food in foodservice market growth?

Some of the prominent players operating in the global B2B for food in foodservice market are; Domino’s, Grub Hub, Pizza Hut, Papa John’s International, Jimmy John’s, Zomato, Deliveroo, Just Eat, Swiggy, Takeaway.com, Delivery Hero, Food Panda, and others.

What can be expected from the global B2B for food in foodservice market report?

The global B2B for food in foodservice market report provides a comprehensive analysis of market definitions, growth factors, opportunities, challenges, geographic trends, and competitive dynamics.


Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in B2B for Food in Foodservice business includes.

  • Domino’s
  • Grub Hub
  • Pizza Hut
  • Papa John’s International
  • Jimmy John’s
  • Zomato
  • Deliveroo
  • Just Eat
  • Swiggy
  • Takeaway.com
  • Delivery Hero
  • Food Panda

As per B2B for Food in Foodservice market analysis, North America is forecasted to occupied major share in the B2B for Food in Foodservice market.

The statistical data of the dominant industry player of B2B for Food in Foodservice market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the B2B for Food in Foodservice market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the B2B for Food in Foodservice market based on Type, Region, and Application, Also offer a determined view on the B2B for Food in Foodservice market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

The sample report for B2B for Food in Foodservice market can be received after the apply from the website.

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