Taiwan: Food Service - Hotel Restaurant Institutional
The food service revenue in Taiwan increased for the ninth year in a row to NT$413 billion (US$13 billion) in 2014, up 3.1 percent from the previous year. A further confirmation of the sector’s continued success, several international food service chains recently opened their first Taiwan outlet. Post anticipates Taiwan’s food service sector should continue to grow over the next decade due to an increase in tourism, which serves as the backbone of the food service sector throughout Taiwan. This increase can also be attributed to several other factors as well, including the rise in consumer income, smaller family size, increasing numbers of working women and the development of web marketing.
