Technomic Releases 2024 Global and Canadian Foodservice Trend Predictions

Technomic has released predictions on what will impact the restaurant industry internationally over the next year in its 2024 Global Restaurant Trends Forecast and What's in Store for 2024 in Canada.

"Industry headwinds moderated over the past year, and 2024 promises the hope of a more predictable atmosphere relative to labor, inflation and supply," said Aaron Jourden, director of international research and insights at Technomic. "But international conflicts, extreme weather and the many seen and unseen effects of the pandemic may still create newfound uncertainty that negatively impacts many aspects of...

Technomic Launches Restaurant Operator Trend Reports, Exploring Operator Perspectives

Technomic is launching a brand-new syndicated report series, Restaurant Operator Trend Reports. These new reports will provide insights on operator perspectives, behaviors and attitudes about key topics. The first two reports—set to be released later this year—will feature full-service and limited-service restaurant operator intelligence on purchasing preferences and daypart dynamics.

“The need to understand operator behaviors and attitudes is critical for manufacturer success, so the Restaurant Operator Trend Reports will be key tools for brand growth,” said Erin Prestinario, director, syndicated products at Technomic. “Not only...

Technomic: How Historically High Inflation Impacted Top 200 Canadian Chain Restaurant Performance

Technomic released one of its most highly anticipated reports, the 2023 Top 200 Canadian Chain Restaurant Report, which includes expert findings and insights into the sales performance of Canadian chain restaurants in 2022. The report—built using decades of historical data—provides a detailed analysis of the foodservice industry and overarching trends, annual sales and unit counts by chain and segment.

“Total sales for Canada’s Top 200 chain restaurants hit $40 billion in 2022, improving by 15% compared to the prior year...

Technomic Reports how Historically High Inflation Impacted Top 200 Canadian Chains in 2022

Technomic released one of its most highly anticipated reports, the 2023 Top 200 Canadian Chain Restaurant Report, which includes expert findings and insights into the sales performance of Canadian chain restaurants in 2022. The report—built using decades of historical data—provides a detailed analysis of the foodservice industry and overarching trends, annual sales and unit counts by chain and segment.

"Total sales for Canada's Top 200 chain restaurants hit $40 billion in 2022, improving by 15% compared to the prior year," said Kevin Schimpf, director...

Technomic Reports High Inflation Impacted Top 500 Chain Restaurant Performance in 2022

Technomic released one of its most highly anticipated reports, the 2023 Top 500 Chain Restaurant Report, which includes expert findings and insights into the sales performance of U.S. chain restaurants in 2022. The report—built using decades of historical data—provides a detailed analysis of the foodservice industry and overarching trends, annual sales and unit counts by chain and segment, and Top 500 sales forecasts for 2023.

"Unprecedented levels of foodservice inflation had a major effect on the industry's largest chain restaurants...