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
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FORECAST FOR 2014.10 Predictions About the State of the 2014 Canadian
Restaurant and Foodservice Market
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THE 2014 MARKET PREDICTIONS
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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
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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
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The industry will continue to create jobs and investment in
communities across the country in 2014.
Source: CRFA
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The industry will continue to create jobs and investment in
communities across the country in 2014.
Source: CRFA
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Source: CRFA
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Source: CRFA
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Source: CRFA
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Source: Canadian Foodservice & Hospitality Magazine
staff positions will have to be filled by 2015.
35,000
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Source: Canadian Foodservice & Hospitality Magazine
Market saturation south of the border = U.S. companies moving to Canada.
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THE 2014 MENU PREDICTIONS
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Feeling more heat from Latin America and Asia: ethnic fare with spicy condiments from Latin America and Asia stays on
trend.
Source: Technomic
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Source: Technomic
Sour tastes are penetrating all aspects of the menu.
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Source: Technomic
Chefs are showcasing carbs in new and interesting ways.
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Source: Technomic
Greater lengths taken to exclude and spotlight the absence of different food items (such as Gluten, dairy, GMOs, fat,
sodium, etc.)
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Source: Technomic
Emphasis on artisanal and housemade foods and beverages is inspiring chefs to make even more of their own products
onsite.
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While predictions of recovery exist for 2014, there are many challenges restaurateurs will need to overcome...
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CHALLENGES INCLUDE:
Higher food costs.
Higher labour costs.
Weaker economy.
Increased competition.
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