THE INTELLIGENCE


T E CI V 1 2 0


SERVICE RESTAURANTS—IS PROJECTED TO DECLINE ONE PERCENT.


THIS EXPECTED DECLINE IS DUE TO DIMINISHING CONSUMER DEMAND AS A RESULT OF A PROJECTED ECONOMIC RECESSION


THE TOTAL RESTAURANT CATEGORY— INCLUDING FULL-SERVICE AND LIMITED-


1% $5.2bn


THE PROJECTED GLOBAL FOODSERVICE MARKET VALUE IN 2029


$2.3bn


THE GLOBAL FOODSERVICE MARKET VALUE IN 2021


NEWS & VIEWS: Future Projections for foodservice 26 THE INTERNATIONAL FOODSERVICE MANUFACTURERS ASSOCIATION IN CONJUNCTION WITH DATASSENTIAL / FORTUNE BUSINESS INSIGHTS


PROJECTED INFLATION FOR 2023


7.7%


THE GLOBAL MARKET DECLINE IN 2020 COMPARED TO 2019


31.5%


9


U A U F


F E


2


0 T S - LL M O R


2 O E R R E S 2


A R


U L


T N


A V


G E S


T E K


M


R A


N E


M E


, S T


V CI


C N I


E R


U L


D S


NI D


O O


G


F L A


DI M


B O


C S


L G


E L A


E H


N A


T F O


D


H T


SAC


W


U A


O R


L D


G D


INI


T


E


,


GN


J


E


C


R


A


R


O


E A


P %


S


L


6 7


O B


1 0 .


O T


H P


R


O J


ECT


ED


T O


D E


CL


INE


I N


2


0


2


3


,


D


O


W


N


2 . 2


%


A N


D 1 . Y


2 % V E L


, R T I


E S P E C


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124