Brazil Food Services Market to Register Steady Growth During Forecast Period

Growing demand for customization and innovation in food menu options to drive the growth of Brazil food services market

According to TechSci Research report, “Brazil Food Services Market By Sector, By System, By Restaurant Type, By Structure, By Region, Competition, Forecast & Opportunities, 2025” the Brazil food services market is expected to grow at a steady rate during the forecast period owing to the ever changing consumer food preferences and high availability of different cuisines. Additionally, availability of customized recipes enabling the customers to go for pick and mix is further propelling the market. However, increased consumer awareness on the healthy food habits can hamper the growth of market during forecast period.

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The Brazil food services market is segmented based on sector, system, restaurant type, structure, company and regional distribution. Based on restaurant type, the market can be fragmented into quick-service restaurants, full-service restaurants, cafes/bars and 100% home delivery. The quick-service restaurants segment is expected to witness significant growth in the market during the forecast period. This can be ascribed to the rising trend of mobile restaurants such as food trucks, urbanization and hectic lifestyle of the population living in metro cities.

Arcos Dorados Holdings Inc. (McDonald’s Corp), Burger King Brasil, Doctor’s Associates Inc. (Subway), Brazil Fast Food Corp. (KFC), OLH Group (Dunkin Donuts), Vinci Partners (Dominos), Starbucks Coffee Company, Quality Is Our Recipe LLC, MADERO, Pizza Hut and others are some of the leading players operating in Brazil food services market.

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“Brazil food services market is projected to witness significant growth during the forecast period owing to the increasing online food purchases from the restaurants. Additionally, significant growth in the quick service restaurants has been prevalent in the country due to shorter lead time and quicker food consumption alternatives for the consumers, which is further estimated to spur the market through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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