This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Services Industry.
Canada’s Food Services Industry: Industrial Outlook Summer 2013
Canada’s Food Services Industry: Industrial Outlook Summer 2013
Industry Economic Analysis
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- Competition—The combination of fierce competition within the industry and the growing value-consciousness of consumers will limit the extent to which prices can be raised.
- Demographic Changes—Demographic changes, such as growing ethnic populations and more single-person households, can offer greater sales opportunities to companies that market appropriately.
- Domestic Economy—Stronger domestic economic and personal income growth next year will support industry sales.
