Bangladesh Foodservice Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Bangladesh Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

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Bangladesh Foodservice Market Size

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Bangladesh Foodservice Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 3.79 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 7.47 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Foodservice Type Quick Service Restaurants
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 14.50 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Foodservice Type Cloud Kitchen

Major Players

Bangladesh Foodservice Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Bangladesh Foodservice Market Analysis

The Bangladesh Foodservice Market size is estimated at 3.79 billion USD in 2024, and is expected to reach 7.47 billion USD by 2029, growing at a CAGR of 14.50% during the forecast period (2024-2029).

3.79 Billion

Market Size in 2024 (USD)

7.47 Billion

Market Size in 2029 (USD)

4.62 %

CAGR (2017-2023)

14.50 %

CAGR (2024-2029)

Largest Segment by Foodservice Type

47.73 %

value share, Quick Service Restaurants, 2023

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An increase in disposable income, a shift in consumer behavior toward eating out, and affordable, convenient, and fast-paced dining options are helping the growth of QSRs.

Largest Segment by Outlet Type

62.33 %

value share, Independent Outlets, 2023

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Affordability, convenience, and ability to cater to local tastes and preferences are expected to continue making independent outlets a crucial part of the foodservice industry.

Fastest-growing segment by Foodservice Type

18.76 %

Projected CAGR, Cloud Kitchen, 2024-2029

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With a vibrant atmosphere, innovative menus, and personalized service, cafes and bars are the go-to destinations for dining and entertainment, thus promoting the fastest growth.

Fastest-growing segment by Outlet Type

14.74 %

Projected CAGR, Chained Outlets, 2024-2029

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Consistent quality and value for money are increasing consumer interest in the chained outlet segment, thus making it the fastest-growing segment.

Leading Market Player

1.75 %

market share, Jubilant FoodWorks Limited, 2022

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Jubilant Foodworks Ltd has the right to operate the Domino's Pizza brand in the country. There are currently 17 Domino's Pizza outlets in Bangladesh that offer a wide range of pizzas.

Local fast-food chains with healthier and high-quality ingredients are gaining popularity in Bangladesh.

  • The quick service restaurant (QSR) segment holds the major share of the market and is projected to register a CAGR of 1.57% in the study period. In Bangladesh, quick independent services are expanding as young consumers prefer traditional and local fast food with healthier and high-quality ingredients. The prevalence of fast-food consumption is 68.1% among college-going youth in Bangladesh. Homegrown QSRs in Bangladesh that are rapidly expanding, such as Sbarro, Pizza Inn, and Nando's, have increased the demand for QSRs to expand their delivery capabilities and reach more customers.
  • FSR holds the second-largest market share and is the fastest-growing foodservice type segment. It is projected to register a CAGR of 13.01% by value in the forecast period. As the demand for gastronomic diversity in the nation has increased, Asian cuisines have gained favor. Indian, Chinese, and Japanese food are the most widely consumed cuisines in the nation. Chinese cuisine has remained a favorite among all other Asian cuisines since there is still a desire for classic Cantonese and Taiwanese food options in upmarket restaurants. Additionally, over 98,000 Chinese citizens and nationals live in Bangladesh, making the cuisine popular with a significant share of the population.
  • Cloud kitchens are the fastest-growing segment in the market, projected to register a CAGR of 18.24% by value in the forecast period. Cloud kitchens offer a wide variety of cuisine options to cater to the diverse tastes of Bangladeshi consumers. The growth of cloud kitchens in Bangladesh can be attributed to the rising popularity of online food ordering platforms such as UberEats, which has about 250 restaurants as partners, and Shohoz Food, which has signed contracts with more than 1,400 restaurants.
Bangladesh Foodservice Market

Bangladesh Foodservice Market Trends

The Bangladeshi QSR industry is expected to record a CAGR Of 7.03%, driven by increasing disposable incomes and the growing popularity of Western culture

  • Cloud kitchen outlets are the fastest-growing segment in terms of outlets, projected to register a CAGR of 8.45% in the forecast period. AI and ML technologies can be used to analyze customer data, predict demand, and optimize food preparation processes. FoodPanda Bangladesh launched cloud kitchens across five zones with 50 kitchen stalls in Dhaka city and launched 30 kitchens across the country in December 2020, with close to 400 kitchen stalls. AI-powered chatbots can assist by handling customer queries, while ML algorithms can suggest personalized food recommendations based on a customer's previous orders.
  • From 2020 to 2022, the number of quick service restaurant outlets in Bangladesh registered a CAGR of 7.03%. Traditional fast food is a highly competitive market. Popular quick service restaurant chains in Bangladesh include KFC with 28 outlets, Pizza Hut with 17 outlets, and Domino's Pizza with 14 outlets, as well as local brands such as Nando's, The Manhattan Fish Market, and BFC. Several QSR chains have also been expanding their presence in the country by opening new outlets in both urban and suburban areas. Fast food in Bangladesh is a diverse and growing industry, with both international and local chains catering to a variety of tastes and preferences by offering items such as burgers, shawarma, pizza, and fried chicken. Cafes and bars are one of the fastest-growing foodservice type segments in terms of the number of outlets in the country. It is projected to register a CAGR of 3.71% in the forecast period. As international travel and exposure to global trends have increased, people in Bangladesh have become more interested in trying new foods and drinks, leading to an increase in demand for cafes offering international cuisines. Bangladesh's domestic tourist numbers surpassed two crores in 2022.
Bangladesh Foodservice Market

Indian cuisine gaining traction in Bangladesh, with naan and chicken 65 among the most popular dishes

  • The average order value in the Bangladeshi foodservice market was observed to be the highest among full service restaurants in 2022 compared to other foodservice types, amounting to USD 10.84. Many full service restaurants in Bangladesh are now offering mobile apps for their customers. These apps allow customers to browse the menu, place orders, and pay for their meals seamlessly. Popular dishes offered by the FSR outlets are chilli crab and fish curry, priced at USD 20.3 and USD 14.3 per 300 grams, respectively.
  • The average order value in the cloud kitchen segment was USD 8.16 in 2022. The growth of cloud kitchens in Bangladesh is in line with the increasing popularity of food delivery platforms such as Foodpanda, HungryNaki, and Pathao Food. These platforms allow customers to order food online and have it delivered to their doorstep. As more people turn to online food delivery, there is a growing demand for cloud kitchens. Several cloud kitchen startups have emerged in Bangladesh in recent years, including HungryNaki Kitchen contracts with more than 2,500 restaurants and FoodPanda contracts with around 4,000 restaurants. These startups are leveraging technology to optimize their operations and provide a seamless online ordering and delivery experience for customers.
  • Asian cuisine is the most popular in the country and held a significant market share in 2022. The most popular dishes of Asian cuisines in the country are Indian, Chinese, Japanese, and Thai. Indian cuisine is characterized mainly by the northern Indian approach, featuring Indian curries and bread. Thus, a large FSR industry offers Indian cuisines in the country, which includes popular dishes like Naan and Chicken 65 that cost USD 5.12 per piece and USD 12 per 300 grams, respectively, in 2022.
Bangladesh Foodservice Market

Bangladesh Foodservice Industry Overview

The Bangladesh Foodservice Market is fragmented, with the top five companies occupying 3.55%. The major players in this market are Herfy Food Service Company, Jubilant FoodWorks Limited, PRAN-RFL Group, The Manhattan Fish Market and Transcom Foods Limited (sorted alphabetically).

Bangladesh Foodservice Market Leaders

  1. Herfy Food Service Company

  2. Jubilant FoodWorks Limited

  3. PRAN-RFL Group

  4. The Manhattan Fish Market

  5. Transcom Foods Limited

Bangladesh Foodservice Market Concentration

Other important companies include Chillox, CP Bangladesh Co. Ltd (CPB), Peyala Cafe, Tiffin Box Ltd.

*Disclaimer: Major Players sorted in alphabetical order.

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We provide a complimentary and exhaustive set of data points on regional and country level metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various countries on number of outlets, average order values, and menu analysis by foodservice channels, cuisine specific insights related to full service restaurants and quick service restaurants, market trends and market size insights on cafes, bars & pubs, juice/smoothies bars, specialty tea and coffee shops, and cloud kitchen etc.

Bangladesh Foodservice Market
Bangladesh Foodservice Market
Bangladesh Foodservice Market
Bangladesh Foodservice Market

Bangladesh Foodservice Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 Number Of Outlets
  • 4.2 Average Order Value
  • 4.3 Regulatory Framework
    • 4.3.1 Bangladesh
  • 4.4 Menu Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)

  • 5.1 Foodservice Type
    • 5.1.1 Cafes & Bars
    • 5.1.1.1 By Cuisine
    • 5.1.1.1.1 Bars & Pubs
    • 5.1.1.1.2 Cafes
    • 5.1.1.1.3 Juice/Smoothie/Desserts Bars
    • 5.1.1.1.4 Specialist Coffee & Tea Shops
    • 5.1.2 Cloud Kitchen
    • 5.1.3 Full Service Restaurants
    • 5.1.3.1 By Cuisine
    • 5.1.3.1.1 Asian
    • 5.1.3.1.2 European
    • 5.1.3.1.3 Latin American
    • 5.1.3.1.4 Middle Eastern
    • 5.1.3.1.5 North American
    • 5.1.3.1.6 Other FSR Cuisines
    • 5.1.4 Quick Service Restaurants
    • 5.1.4.1 By Cuisine
    • 5.1.4.1.1 Bakeries
    • 5.1.4.1.2 Burger
    • 5.1.4.1.3 Ice Cream
    • 5.1.4.1.4 Meat-based Cuisines
    • 5.1.4.1.5 Pizza
    • 5.1.4.1.6 Other QSR Cuisines
  • 5.2 Outlet
    • 5.2.1 Chained Outlets
    • 5.2.2 Independent Outlets
  • 5.3 Location
    • 5.3.1 Leisure
    • 5.3.2 Lodging
    • 5.3.3 Retail
    • 5.3.4 Standalone
    • 5.3.5 Travel

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Company Landscape
  • 6.3 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.3.1 Chillox
    • 6.3.2 CP Bangladesh Co. Ltd (CPB)
    • 6.3.3 Herfy Food Service Company
    • 6.3.4 Jubilant FoodWorks Limited
    • 6.3.5 Peyala Cafe
    • 6.3.6 PRAN-RFL Group
    • 6.3.7 The Manhattan Fish Market
    • 6.3.8 Tiffin Box Ltd
    • 6.3.9 Transcom Foods Limited

7. KEY STRATEGIC QUESTIONS FOR FOODSERVICE CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. NUMBER OF OUTLET UNITS BY FOODSERVICE CHANNELS, BANGLADESH, 2017 - 2029
  1. Figure 2:  
  2. AVERAGE ORDER VALUE BY FOODSERVICE CHANNELS, USD, BANGLADESH, 2017 VS 2022 VS 2029
  1. Figure 3:  
  2. BANGLADESH FOODSERVICE MARKET, VALUE, USD, 2017 - 2029
  1. Figure 4:  
  2. VALUE OF FOODSERVICE MARKET BY FOODSERVICE TYPE, USD, BANGLADESH, 2017 - 2029
  1. Figure 5:  
  2. VALUE SHARE OF FOODSERVICE MARKET, %, BY FOODSERVICE TYPE, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 6:  
  2. VALUE OF CAFES & BARS FOODSERVICE MARKET BY CUISINE, USD, BANGLADESH, 2017 - 2029
  1. Figure 7:  
  2. VALUE SHARE OF CAFES & BARS FOODSERVICE MARKET BY CUISINE, %, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 8:  
  2. VALUE OF FOODSERVICE MARKET VIA BARS & PUBS, USD, BANGLADESH, 2017 - 2029
  1. Figure 9:  
  2. VALUE SHARE OF BARS & PUBS FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 10:  
  2. VALUE OF FOODSERVICE MARKET VIA CAFES, USD, BANGLADESH, 2017 - 2029
  1. Figure 11:  
  2. VALUE SHARE OF CAFES FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 12:  
  2. VALUE OF FOODSERVICE MARKET VIA JUICE/SMOOTHIE/DESSERTS BARS, USD, BANGLADESH, 2017 - 2029
  1. Figure 13:  
  2. VALUE SHARE OF JUICE/SMOOTHIE/DESSERTS BARS FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 14:  
  2. VALUE OF FOODSERVICE MARKET VIA SPECIALIST COFFEE & TEA SHOPS, USD, BANGLADESH, 2017 - 2029
  1. Figure 15:  
  2. VALUE SHARE OF SPECIALIST COFFEE & TEA SHOPS FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 16:  
  2. VALUE OF CLOUD KITCHEN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF CLOUD KITCHEN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 18:  
  2. VALUE OF FULL SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, USD, BANGLADESH, 2017 - 2029
  1. Figure 19:  
  2. VALUE SHARE OF FULL SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, %, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 20:  
  2. VALUE OF ASIAN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF ASIAN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 22:  
  2. VALUE OF EUROPEAN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF EUROPEAN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 24:  
  2. VALUE OF LATIN AMERICAN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 25:  
  2. VALUE SHARE OF LATIN AMERICAN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 26:  
  2. VALUE OF MIDDLE EASTERN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF MIDDLE EASTERN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 28:  
  2. VALUE OF NORTH AMERICAN FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 29:  
  2. VALUE SHARE OF NORTH AMERICAN FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 30:  
  2. VALUE OF OTHER FSR CUISINES MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 31:  
  2. VALUE SHARE OF OTHER FSR CUISINES FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 32:  
  2. VALUE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, USD, BANGLADESH, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, %, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 34:  
  2. VALUE OF BAKERIES FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 35:  
  2. VALUE SHARE OF BAKERIES FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 36:  
  2. VALUE OF BURGER FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 37:  
  2. VALUE SHARE OF BURGER FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 38:  
  2. VALUE OF ICE CREAM FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 39:  
  2. VALUE SHARE OF ICE CREAM FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 40:  
  2. VALUE OF MEAT-BASED CUISINES FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 41:  
  2. VALUE SHARE OF MEAT-BASED CUISINES FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 42:  
  2. VALUE OF PIZZA FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 43:  
  2. VALUE SHARE OF PIZZA FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 44:  
  2. VALUE OF OTHER QSR CUISINES FOODSERVICE MARKET, USD, BANGLADESH, 2017 - 2029
  1. Figure 45:  
  2. VALUE SHARE OF OTHER QSR CUISINES FOODSERVICE MARKET BY OUTLETS, %, BANGLADESH, 2022 VS 2029
  1. Figure 46:  
  2. VALUE OF FOODSERVICE MARKET BY OUTLET, USD, BANGLADESH, 2017 - 2029
  1. Figure 47:  
  2. VALUE SHARE OF FOODSERVICE MARKET, %, BY OUTLET, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 48:  
  2. VALUE OF FOODSERVICE MARKET VIA CHAINED OUTLETS, USD, BANGLADESH, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF CHAINED OUTLETS FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 50:  
  2. VALUE OF FOODSERVICE MARKET VIA INDEPENDENT OUTLETS, USD, BANGLADESH, 2017 - 2029
  1. Figure 51:  
  2. VALUE SHARE OF INDEPENDENT OUTLETS FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 52:  
  2. VALUE OF FOODSERVICE MARKET BY LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 53:  
  2. VALUE SHARE OF FOODSERVICE MARKET, %, BY LOCATION, BANGLADESH, 2017 VS 2023 VS 2029
  1. Figure 54:  
  2. VALUE OF FOODSERVICE MARKET VIA LEISURE LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF LEISURE FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 56:  
  2. VALUE OF FOODSERVICE MARKET VIA LODGING LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 57:  
  2. VALUE SHARE OF LODGING FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 58:  
  2. VALUE OF FOODSERVICE MARKET VIA RETAIL LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 59:  
  2. VALUE SHARE OF RETAIL FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 60:  
  2. VALUE OF FOODSERVICE MARKET VIA STANDALONE LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 61:  
  2. VALUE SHARE OF STANDALONE FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 62:  
  2. VALUE OF FOODSERVICE MARKET VIA TRAVEL LOCATION, USD, BANGLADESH, 2017 - 2029
  1. Figure 63:  
  2. VALUE SHARE OF TRAVEL FOODSERVICE MARKET BY FOODSERVICE TYPE, %, BANGLADESH, 2022 VS 2029
  1. Figure 64:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, BANGLADESH, 2022

Bangladesh Foodservice Industry Segmentation

Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants are covered as segments by Foodservice Type. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.

  • The quick service restaurant (QSR) segment holds the major share of the market and is projected to register a CAGR of 1.57% in the study period. In Bangladesh, quick independent services are expanding as young consumers prefer traditional and local fast food with healthier and high-quality ingredients. The prevalence of fast-food consumption is 68.1% among college-going youth in Bangladesh. Homegrown QSRs in Bangladesh that are rapidly expanding, such as Sbarro, Pizza Inn, and Nando's, have increased the demand for QSRs to expand their delivery capabilities and reach more customers.
  • FSR holds the second-largest market share and is the fastest-growing foodservice type segment. It is projected to register a CAGR of 13.01% by value in the forecast period. As the demand for gastronomic diversity in the nation has increased, Asian cuisines have gained favor. Indian, Chinese, and Japanese food are the most widely consumed cuisines in the nation. Chinese cuisine has remained a favorite among all other Asian cuisines since there is still a desire for classic Cantonese and Taiwanese food options in upmarket restaurants. Additionally, over 98,000 Chinese citizens and nationals live in Bangladesh, making the cuisine popular with a significant share of the population.
  • Cloud kitchens are the fastest-growing segment in the market, projected to register a CAGR of 18.24% by value in the forecast period. Cloud kitchens offer a wide variety of cuisine options to cater to the diverse tastes of Bangladeshi consumers. The growth of cloud kitchens in Bangladesh can be attributed to the rising popularity of online food ordering platforms such as UberEats, which has about 250 restaurants as partners, and Shohoz Food, which has signed contracts with more than 1,400 restaurants.
Foodservice Type Cafes & Bars By Cuisine Bars & Pubs
Cafes
Juice/Smoothie/Desserts Bars
Specialist Coffee & Tea Shops
Foodservice Type Cloud Kitchen
Full Service Restaurants By Cuisine Asian
European
Latin American
Middle Eastern
North American
Other FSR Cuisines
Quick Service Restaurants By Cuisine Bakeries
Burger
Ice Cream
Meat-based Cuisines
Pizza
Other QSR Cuisines
Outlet Chained Outlets
Independent Outlets
Location Leisure
Lodging
Retail
Standalone
Travel
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Market Definition

  • FULL-SERVICE RESTAURANTS - A foodservice establishment where customers are seated at a table, give their order to a server and are served food at a table.
  • QUICK SERVICE RESTAURANTS - A foodservice establishment that provides customers convenience, speed, and food offerings at lower prices. Customers usually help themselves and carry their own food to their tables.
  • CAFES & BARS - A type of foodservice business that include bars and pubs that are licensed to serve alcoholic drinks for consumption, cafes that serve refreshments and light food items, as well as specialty tea and coffee shops, dessert bars, smoothie bars, and juice bars.
  • CLOUD KITCHEN - A foodservice business that utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers.
Keyword Definition
Albacore Tuna It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea.
Angus beef It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark.
Asian cuisine It includes full-service offerings in restaurants that serve cuisines from cultures such as Chinese, Indian, Korean, Japanese, Bengali, Southeast Asian, etc.
Average Order Value It is the average value of all orders made by the customers at a foodservice establishment.
Bacon It is salted or smoked meat that comes from the back or sides of a pig.
Bars & Pubs It is a drinking establishment that is licensed to serve alcoholic drinks for consumption on the premises.
Black Angus It is beef derived from a black-hided breed of cows that don't have horns.
BRC British Retail Consortium
Burger It is a sandwich consisting of one or more cooked beef patties, placed inside a sliced bread roll or bun roll.
Café It is a foodservice establishment serving various refreshments (mainly coffee) and light meals.
Cafes & Bars It is a type of foodservice business that include bars and pubs that are licensed to serve alcoholic drinks for consumption, cafes that serve refreshments and light food items, as well as specialty tea and coffee shops, dessert bars, smoothie bars, and juice bars.
Cappuccino It is an Italian coffee drink that is traditionally prepared with equal parts double espresso, steamed milk, and steamed milk foam.
CFIA Canadian Food Inspection Agency
Chained Outlet It refers to a foodservice establishment that shares brands, operates in several locations, has central management, and standardized business practices.
Chicken Tender It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird.
Cloud Kitchen It is a foodservice business that utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers.
Cocktail It is an alcoholic mixed drink made with either a single spirit or a combination of spirits, mixed with other ingredients such as juices, flavored syrups, tonic water, shrubs, and bitters.
Edamame It is a Japanese dish prepared with soybeans (harvested before they ripen or harden) and cooked in its pod.
EFSA European Food Safety Authority
ERS Economic Research Service of the USDA
Espresso It is a concentrated form of coffee, served in shots.
European cuisine It includes full-service offerings in restaurants that serve cuisines from cultures such as Italian, French, German, English, Dutch, Danish, etc.
FDA Food and Drug Administration
Fillet Mignon It is a cut of meat taken from the smaller end of the tenderloin.
Flank Steak It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow.
Foodservice It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats.
Franks Also known as frankfurter or Würstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany.
FSANZ Food Standards Australia New Zealand
FSIS Food Safety and Inspection Service
FSSAI Food Safety and Standards Authority of India
Full service restaurant It refers to a foodservice establishment where customers are seated at a table, give their order to a server, and are served food at a table.
Ghost Kitchen It refers to a cloud kitchen.
GLA Gross Leasable Area
Gluten It is a family of proteins found in grains, including wheat, rye, spelt, and barley.
Grain-fed beef It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grain-fed cows can also be given antibiotics and growth hormones to fatten them up more quickly.
Grass-fed beef It is beef derived from cattle that have only been fed grass as feed.
Ham It refers to the pork meat taken from the leg of a pig.
HoReCa Hotels, Restaurants and Cafes
Independent Outlet It refers to a foodservice establishment that operates with a single outlet or is structured as a small chain with no more than three locations.
Juice It is a drink made from the extraction or pressing of the natural liquid contained in fruit and vegetables.
Latin American It includes full-service offerings in restaurants that serve cuisines from cultures such as Mexican, Brazilian, Argentinian, Colombian, etc.
Latte It is a milk-based coffee that is made up of one or two shots of espresso, steamed milk, and a thin layer of frothed milk.
Leisure It refers to foodservice offered as a part of a recreation business, such as sports arenas, zoos, movie theaters, and museums.
Lodging It refers to foodservice offerings at hotels, motels, guesthouses, holiday homes, etc.
Macchiato It is an espresso coffee drink with a small amount of milk, usually foamed.
Meat-based cuisines This inlcudes food items like fried chicken, steak, ribs, etc. where meat is the primary ingredient for the dish.
Middle Eastern cuisine It includes full-service offerings in restaurants that serve cuisines from cultures such as Arabic, Lebanese, Iranian, Israeli, etc.
Mocktail It is an non-alcoholic mixed drink.
Mortadella It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat.
North American It includes full-service offerings in restaurants that serve cuisines from cultures such as American, Canadian, Caribbean, etc.
Pastrami It refers to a highly seasoned smoked beef, typically served in thin slices.
PDO Protected Designation of Origin: It is the name of a geographical region or specific area that is recognized by official rules to produce certain foods with special characteristics related to location.
Pepperoni It is an American variety of spicy salami made from cured meat.
Pizza It is a dish made typically of flattened bread dough spread with a savory mixture usually including tomatoes and cheese and often other toppings and baked.
Primal cuts It refers to the major sections of the carcass.
Quick service restaurant It refers to a foodservice establishment that provides customers convenience, speed, and food offerings at lower prices. Customers usually help themselves and carry their own food to their tables.
Retail It refers to a foodservice outlet inside a mall. shopping complex or a commercial real estate building, where there are other businesses operating as well.
Salami It is a cured sausage consisting of fermented and air-dried meat.
Saturated fat It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy.
Sausage It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing.
Scallop It is an edible shellfish that is a mollusk with a ribbed shell in two parts.
Seitan It is a plant-based meat substitute made out of wheat gluten.
Self-service kiosk It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service.
Smoothie It is a beverage made by placing all the ingredients in a container and processing them together, without removing the pulp.
Specialty coffee & tea shops It refers to a foodservice establishment that serves only various types of tea or coffee.
Standalone It refers to a restaurants that have an independent infrastructure setup and not connected to any other business.
Sushi It is a Japanese dish of prepared vinegared rice, usually with some sugar and salt, accompanied by a variety of ingredients, such as seafood—often raw—and vegetables.
Travel It refers to foodservice offerings such as airplane food, dining on long-distance trains, and foodservice on cruise ships.
Virtual Kitchen It refers to a cloud kitchen.
Wagyu Beef It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for the market forecast are set, and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market size estimations for the forecast years are in nominal terms. Inflation is considered for average order value, and it is forecasted as per predicted inflation rates in the countries.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Bangladesh Foodservice Market Research FAQs

The Bangladesh Foodservice Market size is expected to reach USD 3.79 billion in 2024 and grow at a CAGR of 14.50% to reach USD 7.47 billion by 2029.

In 2024, the Bangladesh Foodservice Market size is expected to reach USD 3.79 billion.

Herfy Food Service Company, Jubilant FoodWorks Limited, PRAN-RFL Group, The Manhattan Fish Market and Transcom Foods Limited are the major companies operating in the Bangladesh Foodservice Market.

In the Bangladesh Foodservice Market, the Quick Service Restaurants segment accounts for the largest share by foodservice type.

In 2024, the Cloud Kitchen segment accounts for the fastest growing by foodservice type in the Bangladesh Foodservice Market.

In 2023, the Bangladesh Foodservice Market size was estimated at 3.79 billion. The report covers the Bangladesh Foodservice Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the Bangladesh Foodservice Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

Bangladesh Food Service Industry Report

Statistics for the 2023 Bangladesh Foodservice market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bangladesh Foodservice analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Bangladesh Food Service Market Report Snapshots

Bangladesh Foodservice Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

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