FS-054 Ver 1.0 (Jun 24)

Food Services

Global Market Snapshot

Market Intelligence  

Data Source-Beroe- Effective May 2024

Market Overview

- Global Market Size - $564B (2023)

- Expecting a CAGR of 7-8 percent by 2026

Major KPI's used

- Quality | Timeliness of Service | 

- Participation Rates | Waiting Time

Impactful Costs

- Labour (Wages and Benefits)

- Represents nearly 50% of Total Cost

Pricing Models Used

- Subsidized Operations

- Full P&L Pricing

Contract Structures

- Average Period - 2 to 3 years

- Max period - 4 years

Major Supply Markets

North Americas - 30 percent

EU - 35 percent

APAC - 20 percent

EMEA - 10 percent

LATAM - 5 percent

%

Best Negotiation Tactics

- Volume/Spend rebates

- Management Fees

- Vending Commissions

- Long Term Contracts

- Innovations

Emerging Strategies

- Volume/Spend rebates

- Management Fees

- Vending Commissions

- Long Term Contracts

- Innovations

- Fully outsourced with company oversight model