What is the difference between Food Service Industry and Restaurant Industry - VEEBA.IN?
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There must be something difference between Food Service Industry & Restaurant Industry. I found that different market research data differ (a lot) when it comes to market size of both industry. Like as per Yahoo (http://uk.finance.yahoo.com/news/global-restaurant-industry-worth-3-000000195.html),the size of Restaurant Industry is about $ 2.5 trillion. But another source Report Linker(http://www.reportlinker.com/ci02054/Restaurant-and-Food-Services.html) says $992 billion. That's huge difference. I have other statistics as well. Hindustan Times (http://www.hindustantimes.com/business-news/WorldEconomy/India-s-food-services-market-may-touch-28-bn-by-2018-Report/Article1-1049203.aspx) reported that the the market size of Food Service Industry is $13 billion. However, India Today (http://indiatoday.intoday.in/story/restaurant-sector-pips-film-industry-in-terms-of-market-size-report/1/267502.html) reported that size of Restaurant Industry is $48 billion.
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Answer:
"Foodservice:" Prisons, corporate cafeterias, Schools, hospitals, hot dog stand at Yankee Stadium, banquet dinner at the Shriners' Convention. "Restaurant:" Restaurants.
Andy Pforzheimer at Quora Visit the source
Other answers
Food service is more of an umbrella term encompassing all food service including restaurants, institutional food, grocery stores with prepared food products etc. Restaurants would be included in this number but is a specific subset. A restaurant would be serving to the public as a stand alone restaurant including QSRs, fast food, fine dining, etc.
Tim Forrest
Restaurant Service generally refers to any business involved in the manufacture/preparation of foods outside the home, or materials used for manufacturing/preparing foods. Food service refers to the business of preparing/cooking/serving food at a specified location. Caterers are members of the Food Service industry. For better food service you can visit : http://www.cateringbyedge.com/
Michelle Diaz
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