United States Out-of-Home Food and Beverage Market Size, Share and Growth Analysis Report: Forecast Trends and Outlook 2024-2032

United States Out-of-Home Food and Beverage Market Outlook

As the US economy is recovering rapidly and the disposable income is increasing, consumers are spending more on dining out and food ordering, fuelling market expansion. As per recent surveys, 43% of US consumers prefer to dine out and 57% of consumers prefer ordering food online. Revolutions in delivery technologies and food preparation are enhancing operational efficiency and improving customer experiences, further resulting in growth of the United States out-of-home food and beverage market.

Furthermore, several food establishments, including high-end restaurants, cafes, and bars have diversified their menu with healthy food offerings. As more restaurants incorporate healthy meals in their menus, the demand for out-of-home food and beverages is set to grow. Another key trend in the United States out-of-home food and beverage market is the rise of delivery services. The emergence of delivery services and partnerships of food chains with food delivery platforms has made out-of-home options more accessible to consumers, leading to growth of the market. Some of the most selling OOH food and beverage products are biscuits, salty chips, ice cream, soft drinks, and coffee.

Growth of the Foodservice and Tourism Industry is a Major United States Out-of-Home Food and Beverage Market Trend

• Among regions, the Far West region is projected to lead with a CAGR of 16.4%, driven by a high concentration of urban centers, diverse food cultures, and a strong tourism industry that boosts demand for dining out. 
• The Rocky Mountain region follows with a CAGR of 15.2%, supported by increasing tourism and the growth of the foodservice industry in rapidly expanding urban areas.
• The Southwest (14.5%) and Southeast (14.0%) regions also show robust growth, reflecting the rising population and the growing trend of dining out among consumers. 
• New England (13.1%) and the Mideast (12.1%) regions contribute to United States out-of-home food and beverage market revenue because of region’s established food cultures and a high density of restaurants and foodservice outlets. 
• The Plains (11.3%) and Great Lakes (10.6%) regions are expected to see slower but still significant growth, likely due to stable markets with consistent demand for out-of-home food and beverage options. 
• These trends highlight the regional differences in the out-of-home food and beverage market across the United States, with strong growth in regions with vibrant food cultures and expanding urban areas.

Rise of Digital Ordering and Delivery Platforms have Propelled United States Out-of-Home Food and Beverage Market Growth

• Across food service categories, quick service restaurants (QSRs) are projected to lead with a CAGR of 15.9%, driven by the increasing consumer demand for convenience, speed, and affordability, along with the rise of digital ordering and delivery platforms.
• Full-service restaurants follow closely with a CAGR of 15.1%, supported by a strong consumer preference for dining experiences that offer a variety of cuisines and personalized service. 
• Cafes and bars are expected to grow at a CAGR of 14.4%, reflecting the ongoing popularity of coffee culture and social drinking, especially among younger demographics. 
• According to United States out-of-home food and beverage industry analysis, street vendors show robust growth with a CAGR of 13.5%, driven by the rising trend of street food and the expansion of food trucks offering diverse and gourmet options. 
• The others category, which includes various other out-of-home food services, is projected to grow at a CAGR of 12.7%, indicating steady demand across different foodservice formats. 
• These trends highlight the diverse and dynamic nature of the out-of-home food and beverage market in the United States, with significant growth expected across all major foodservice categories.

Takeaway Services Dominate the United States Out-of-Home Food and Beverage Market Share Due to Their Ability to Deliver Food at Home

Across different service types from 2024 to 2032, takeaway/delivery services are projected to lead with a CAGR of 15.5%, driven by the increasing consumer preference for convenience, the rise of online food delivery platforms, and the ongoing impact of changing dining habits influenced by the pandemic. This service type has influenced United States out-of-home food and beverage market dynamics and trends by providing ease of ordering through apps and the add more variety of food options for delivery.

In contrast, dine-in services are expected to grow at a slower rate, with a CAGR of 12.7%. While dining out remains a popular social activity, the growth is tempered by the strong competition from takeaway and delivery options, which offer greater convenience for consumers. Nevertheless, dine-in services continue to attract consumers seeking a full dining experience, including ambiance, service, and the opportunity to enjoy meals with friends and family in a restaurant setting. These trends reflect the ongoing evolution of consumer preferences in the food and beverage sector, with a strong emphasis on convenience and flexibility.

Key Questions Answered in the Report:

• How has the United States out-of-home food and beverage market performed historically, and what are the growth expectations for the future? 
• What are the primary factors influencing demand and growth in the United States out-of-home food and beverage market? 
• What are the key segments within the United States out-of-home food and beverage market, and how are they expected to evolve over the forecast period? 
• What are the major challenges and opportunities facing stakeholders in the United States out-of-home food and beverage market? 
• Who are the key players in the United States out-of-home food and beverage market, and what strategies are they employing to maintain a competitive edge? 
• What are the regulatory and policy factors influencing the United States out-of-home food and beverage market globally or regionally? 
• How competitive is the United States out-of-home food and beverage market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers? 
• What are the current trends shaping the United States out-of-home food and beverage market landscape, and how are they expected to evolve in the future? 
• How are technological advancements impacting the United States out-of-home food and beverage market, and what role do innovation and R&D play in driving growth? 
• What are the consumer preferences and buying behavior trends influencing the United States out-of-home food and beverage market? 
• How sustainable are current growth rates in the United States out-of-home food and beverage market, and what factors could potentially disrupt these trends? 
• What are the regional dynamics within the United States out-of-home food and beverage market, and how do they contribute to overall market growth? 
• What are the economic factors influencing the United States out-of-home food and beverage market, such as GDP growth, inflation rates, and currency fluctuations? 
• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States out-of-home food and beverage market? 
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States out-of-home food and beverage market? 
• What are the regulatory and legal frameworks impacting the United States out-of-home food and beverage market globally or in key regions? 
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States out-of-home food and beverage market? 
• What are the emerging market trends and niche opportunities within the United States out-of-home food and beverage market that stakeholders should be aware of? 
• How resilient is the United States out-of-home food and beverage market to external shocks or disruptions, such as geopolitical tensions or natural disasters? 
• What are the potential barriers to market entry and growth for new players in the United States out-of-home food and beverage market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States out-of-home food and beverage market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States out-of-home food and beverage market. 

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States out-of-home food and beverage market. 

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares. 

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States out-of-home food and beverage market landscape.