This industry profile provides a five-year forecast for Canada’s Food Services Industry.
Canada’s Food Services Industry: Industrial Profile 2013
Canada’s Food Services Industry: Industrial Profile 2013
Industry Sector Economics
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- Competition—Increasingly frugal consumers are turning to grocery chains offering ready-to-eat meals, which will limit price increases and hurt profitability.
- Quick-Service Restaurants—Fast-food restaurants have invested significant capital to improve the quality of their eating areas and thereby better compete with full-service restaurants.
- Food Prices—The stabilization of food prices will relieve material costs in the short term, but renewed growth in emerging markets will put up-ward pressure on prices in the long run.
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