Restaurants market seen reaching $3.95 trillion by 2030

8 hours ago
By AI, Created 14:00 UTC, Oct 07, 2026, AGP -

The Business Research Company says the global restaurants market will grow from $2.87 trillion in 2025 to $3.95 trillion by 2030, driven by dining-out demand, urbanization and new service models. North America led in 2025, while Asia-Pacific is expected to grow fastest over the forecast period.

Why it matters: - The restaurants industry is expanding on the back of shifting lifestyles, higher disposable incomes and more demand for meals outside the home. - The market's projected climb to $3.95 trillion by 2030 signals continued spending power in global food service, even as inflation pressures persist. - The growth outlook also points to faster adoption of delivery-focused, automated and customized dining formats.

What happened: - The Business Research Company published its Restaurants Market Report 2026, covering global market size, trends and forecasts through 2035. - The report says the restaurants market will rise from $2,866.85 billion in 2025 to $3,051.94 billion in 2026. - The report projects the market will reach $3,954.72 billion by 2030. - The company estimates a 6.5% CAGR in 2026 and a 6.7% CAGR from 2026 to 2030. - A free sample and the full report are available through the sample request page and the full report.

The details: - The report ties recent growth to rapid urbanization, more nuclear families, expansion of organized food service, more women in the workforce, tourism and hospitality growth, rising disposable incomes and changing lifestyle preferences. - The report says future growth will be supported by automated kitchen technology and robotics. - Cloud kitchens and delivery-centric business models are expected to gain ground. - Demand is rising for customized dining experiences, health-conscious and organic menus, and global cuisine fusion. - Other expected trends include delivery-only restaurants, themed and experiential dining, more franchise chains and hyperlocal menus adapted to regional tastes. - Restaurants are defined in the report as commercial establishments that prepare and serve ready-to-consume food and beverages. - The report says restaurants also support social interaction, leisure and lifestyle choices. - In April 2026, the Bureau of Labor Statistics reported a 3.8% increase in the U.S. consumer price index for food away from home over the prior year.

Between the lines: - The report suggests restaurant demand is being shaped by convenience as much as by taste. - Delivery, automation and location-specific menus are becoming more important as operators compete for time-pressed consumers. - Inflation has not stopped spending on dining out, which implies restaurants still hold pricing power or strong consumer priority. - North America's current lead and Asia-Pacific's faster forecast growth point to a market that is both mature and still shifting geographically.

What's next: - The report says North America held the largest share of the global market in 2025. - Asia-Pacific is projected to be the fastest-growing region through the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. - The 2026 report edition adds market attractiveness scoring, TAM analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspot infographics and updated graphics and tables. - The Business Research Company is offering expert contact points for follow-up on the report.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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