Full Service Restaurants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global full service restaurants market is set to serve up substantial growth during forecast period. By the end of 2031, the market is expected to reach a delectable size of approximately US$ 2.06 trillion, a significant increase from its current valuation of US$ 1.64 trillion in 2024. The market's growth is fueled by various factors, including the global food and beverage industry's expansion and rising per capita spending on outdoor food services.

Fresh Ingredients and Convenience Drive Demand

The global full service restaurants market is witnessing robust growth, driven by consumer demand for fresh ingredients and a convenient dining experience. Consumers are increasingly focused on healthier food options and superior restaurant quality. Full service restaurants are capitalizing on this trend by providing fresh ingredients sourced locally, thereby enhancing their market presence.

Quality and Service Experience

Quality and service experience are emerging as key growth influencers in the global food service market. Consumers today are not only looking for healthy food options but also demand creative presentations and superior customer service. Full service restaurants are uniquely positioned to meet these consumer expectations, contributing to their growth.

Digital Transformation and Online Presence

With increasing per capita expenditure and consumer preference shifting towards full service restaurants, key players in the market are focusing on improving their online presence. Online reviews and feedback play a crucial role in attracting customers, and restaurant operators are actively seeking positive online reviews to gain a competitive edge.

Technological Advancements

Technological advancements in restaurant operations are becoming a key trend. Software developers are creating specialized solutions for full service restaurants to streamline their operations. These advancements are expected to drive efficiency and enhance the customer experience.

Demand for Locally Sourced Produce

Consumers are showing a growing preference for locally grown and sourced food products in full service restaurants. The appeal of freshness and support for local farms and food producers are driving this trend.

Challenges

Despite the positive growth trajectory, the high cost of services offered by full service restaurants remains a significant challenge. Additionally, health-related concerns are impacting the market, as consumers become increasingly health-conscious.

Canada: A Lucrative Market

Canada is emerging as a lucrative market for full service restaurants, with the extension of global foodservice brands contributing to its growth.

Competitive Landscape

The global full service restaurants market is highly competitive, with independent players dominating the industry. However, chained full service restaurants are expected to experience higher growth, particularly in urban areas, as they focus on providing an enhanced customer experience. The market is witnessing an emphasis on digital inventory tracking and food safety measures, such as HACCP (Hazard Analysis and Critical Control Point), to ensure proper food handling and service.

Key Companies in the Full Service Restaurants Market

Brinker International, Inc.
Yum! Brands, Inc.
Compass Group PLC
Dine Brands Global
Darden Restaurants, Inc.
Famous Dave's of America, Inc.
Red Robin International
P.F. Chang's China Bistro, Inc.
Skylark Restaurants Co., Ltd.
Fr L'osteria GmbH
Rosinter Restaurants
The Indian Hotels Company Ltd.
Pizzerias Carlos
Others (available on request)

The global full service restaurants market is poised for a delectable future, driven by evolving consumer preferences, technological innovations, and the commitment to providing quality dining experiences.

Market Segmentation

By Model:

Independent Consumer Foodservice
Chained Consumer Foodservice

By Service Type:

Casual Dining Restaurants
Fine Dining Restaurants

By Location:

Standalone
Retail
Travel
Leisure
Hotels

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

1. Executive Summary

1.1. Global Full Service Restaurants Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Full Service Restaurants Market Outlook, 2018 - 2031

3.1. Global Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Independent Consumer Foodservice
  - 3.1.1.2. Chained Consumer Foodservice
3.2. Global Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Casual Dining Restaurants
  - 3.2.1.2. Fine Dining Restaurants
3.3. Global Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Standalone
  - 3.3.1.2. Retail
  - 3.3.1.3. Travel
  - 3.3.1.4. Leisure
  - 3.3.1.5. Hotels
3.4. Global Full Service Restaurants Market Outlook, by Region, Value (US$ trillion), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Full Service Restaurants Market Outlook, 2018 - 2031

4.1. North America Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Independent Consumer Foodservice
  - 4.1.1.2. Chained Consumer Foodservice
4.2. North America Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Casual Dining Restaurants
  - 4.2.1.2. Fine Dining Restaurants
4.3. North America Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Standalone
  - 4.3.1.2. Retail
  - 4.3.1.3. Travel
  - 4.3.1.4. Leisure
  - 4.3.1.5. Hotels
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Full Service Restaurants Market Outlook, by Country, Value (US$ trillion), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 4.4.1.2. U.S. Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 4.4.1.3. U.S. Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 4.4.1.4. Canada Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 4.4.1.5. Canada Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 4.4.1.6. Canada Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Full Service Restaurants Market Outlook, 2018 - 2031

5.1. Europe Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Independent Consumer Foodservice
  - 5.1.1.2. Chained Consumer Foodservice
5.2. Europe Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Casual Dining Restaurants
  - 5.2.1.2. Fine Dining Restaurants
5.3. Europe Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Standalone
  - 5.3.1.2. Retail
  - 5.3.1.3. Travel
  - 5.3.1.4. Leisure
  - 5.3.1.5. Hotels
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Full Service Restaurants Market Outlook, by Country, Value (US$ trillion), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.2. Germany Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.3. Germany Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.4. U.K. Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.5. U.K. Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.6. U.K. Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.7. France Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.8. France Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.9. France Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.10. Italy Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.11. Italy Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.12. Italy Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.13. Turkey Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.14. Turkey Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.15. Turkey Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.16. Russia Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.17. Russia Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.18. Russia Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 5.4.1.19. Rest of Europe Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 5.4.1.20. Rest of Europe Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 5.4.1.21. Rest of Europe Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Full Service Restaurants Market Outlook, 2018 - 2031

6.1. Asia Pacific Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 6.1.2. Asia Pacific Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
- 6.1.3. Key Highlights
  - 6.1.3.1. Casual Dining Restaurants
  - 6.1.3.2. Fine Dining Restaurants
6.2. Asia Pacific Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Standalone
  - 6.2.1.2. Retail
  - 6.2.1.3. Travel
  - 6.2.1.4. Leisure
  - 6.2.1.5. Hotels
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Full Service Restaurants Market Outlook, by Country, Value (US$ trillion), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.2. China Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.3. China Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 6.3.1.4. Japan Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.5. Japan Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.6. Japan Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 6.3.1.7. South Korea Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.8. South Korea Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.9. South Korea Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 6.3.1.10. India Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.11. India Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.12. India Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 6.3.1.13. Southeast Asia Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.14. Southeast Asia Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.15. Southeast Asia Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 6.3.1.16. Rest of Asia Pacific Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 6.3.1.17. Rest of Asia Pacific Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 6.3.1.18. Rest of Asia Pacific Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Full Service Restaurants Market Outlook, 2018 - 2031

7.1. Latin America Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Independent Consumer Foodservice
  - 7.1.1.2. Chained Consumer Foodservice
7.2. Latin America Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
7.3. Latin America Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Standalone
  - 7.3.1.2. Retail
  - 7.3.1.3. Travel
  - 7.3.1.4. Leisure
  - 7.3.1.5. Hotels
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Full Service Restaurants Market Outlook, by Country, Value (US$ trillion), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 7.4.1.2. Brazil Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 7.4.1.3. Brazil Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 7.4.1.4. Mexico Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 7.4.1.5. Mexico Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 7.4.1.6. Mexico Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 7.4.1.7. Argentina Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 7.4.1.8. Argentina Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 7.4.1.9. Argentina Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Full Service Restaurants Market Outlook, 2018 - 2031

8.1. Middle East & Africa Full Service Restaurants Market Outlook, by Model, Value (US$ trillion), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Independent Consumer Foodservice
  - 8.1.1.2. Chained Consumer Foodservice
8.2. Middle East & Africa Full Service Restaurants Market Outlook, by Service Type, Value (US$ trillion), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Casual Dining Restaurants
  - 8.2.1.2. Fine Dining Restaurants
8.3. Middle East & Africa Full Service Restaurants Market Outlook, by Location, Value (US$ trillion), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Standalone
  - 8.3.1.2. Retail
  - 8.3.1.3. Travel
  - 8.3.1.4. Leisure
  - 8.3.1.5. Hotels
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Full Service Restaurants Market Outlook, by Country, Value (US$ trillion), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 8.4.1.2. GCC Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 8.4.1.3. GCC Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 8.4.1.4. South Africa Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 8.4.1.5. South Africa Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 8.4.1.6. South Africa Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 8.4.1.7. Egypt Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 8.4.1.8. Egypt Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 8.4.1.9. Egypt Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 8.4.1.10. Nigeria Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 8.4.1.11. Nigeria Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 8.4.1.12. Nigeria Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Full Service Restaurants Market by Model, Value (US$ trillion), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Full Service Restaurants Market by Service Type, Value (US$ trillion), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Full Service Restaurants Market by Location, Value (US$ trillion), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Location vs by Service Type Heat map
9.2. Manufacturer vs by Service Type Heat map
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Brinker International, Inc.
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Yum! Brands, Inc.
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Compass Group PLC
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Dine Brands Global
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Darden Restaurants, Inc.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Famous Dave's of America, Inc
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Red Robin International
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. P.F. Chang's China Bistro, Inc.
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Skylark Restaurants Co., Ltd.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Fr L'osteria GmbH
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Rosinter Restaurants
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. The Indian Hotels Company Ltd.
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Product Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development
- 9.5.13. Pizzerias Carlos
  - 9.5.13.1. Company Overview
  - 9.5.13.2. Product Portfolio
  - 9.5.13.3. Financial Overview
  - 9.5.13.4. Business Strategies and Development
- 9.5.14. Others (on additional request)
  - 9.5.14.1. Company Overview
  - 9.5.14.2. Product Portfolio
  - 9.5.14.3. Financial Overview
  - 9.5.14.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations