10 predictions about the state of the 2014 canadian restaurant and foodservice industry
DESCRIPTION
According to Foodservice & Hospitality Magazine, in 2013 the commercial Canadian Foodservice & restaurant market has remained on a 4.4-per-cent growth track. With 2013 nearing an end, a number of publications have been forecasting how the 2014 Canadian Restaurant and Foodservice industry will fare. Check out 10 of the most interesting findings we've uncoveredTRANSCRIPT
FORECAST FOR 2014.10 Predictions About the State of the 2014 Canadian
Restaurant and Foodservice Market
THE 2014 MARKET PREDICTIONS
Growth in Western Canada and a rebound in sales in Central Canada will help push restaurants sales up a healthy 4.7% in
2014.
Source: CRFA
Every province will see higher restaurant sales next year, but booming economies in Alberta, Saskatchewan and
Manitoba mean they will lead the country with growth of
more than 5% in each province.
Source: CRFA
The industry will continue to create jobs and investment in
communities across the country in 2014.
Source: CRFA
The industry will continue to create jobs and investment in
communities across the country in 2014.
Source: CRFA
Source: CRFA
Source: CRFA
Source: CRFA
Source: Canadian Foodservice & Hospitality Magazine
staff positions will have to be filled by 2015.
35,000
Source: Canadian Foodservice & Hospitality Magazine
Market saturation south of the border = U.S. companies moving to Canada.
THE 2014 MENU PREDICTIONS
Feeling more heat from Latin America and Asia: ethnic fare with spicy condiments from Latin America and Asia stays on
trend.
Source: Technomic
Source: Technomic
Sour tastes are penetrating all aspects of the menu.
Source: Technomic
Chefs are showcasing carbs in new and interesting ways.
Source: Technomic
Greater lengths taken to exclude and spotlight the absence of different food items (such as Gluten, dairy, GMOs, fat,
sodium, etc.)
Source: Technomic
Emphasis on artisanal and housemade foods and beverages is inspiring chefs to make even more of their own products
onsite.
While predictions of recovery exist for 2014, there are many challenges restaurateurs will need to overcome...
CHALLENGES INCLUDE:
Higher food costs.
Higher labour costs.
Weaker economy.
Increased competition.
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