The F&B
market in all over the world is poised to explosive growth and seems to become
fabulous business segment in next five years. There are some key challenges
faced by industry like changing consumer’s behavior, increased competition,
low margins and high density of franchising. Defending market share within the
fast food segment has always been a tough task because entry of new players has
threats existing players. Fundamental actions need to be taken to upgrade
business continuously in order to survive in this competitive era. Number of food franchise in segments like burger
has gained popularity.
But still
investors have thought that F&B sector is never ending, you can create
difference among millions by bringing a new which is not experienced yet. It
goes without saying that necessity is the mother of invention, similarly in
order to cater consumers need and demand brands operating in food and drink
industry have always done lots of experiments. When compared to past five
years, food franchise business model
is continuously changing. Over one thousand small, large and global corporation
are operating smoothly in F&B sector in past few years. The numbers will
definitely increase in forthcoming years because there is still 60 per cent
unorganized market is left to be explored as soon as possible.
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