10 Predictions About the State of the 2014 Canadian Restaurant and Foodservice Industry

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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 uncovered

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10 Predictions About the State of the 2014 Canadian Restaurant and Foodservice Industry

  1. 1. FORECAST FOR 2014. 10 Predictions About the State of the 2014 Canadian Restaurant and Foodservice Market
  2. 2. THE 2014 MARKET PREDICTIONS
  3. 3. 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
  4. 4. 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
  5. 5. The industry will continue to create jobs and investment in communities across the country in 2014. Source: CRFA
  6. 6. The industry will continue to create jobs and investment in communities across the country in 2014. Source: CRFA
  7. 7. Source: CRFA
  8. 8. Source: CRFA
  9. 9. Source: CRFA
  10. 10. 35,000 staff positions will have to be filled by 2015. Source: Canadian Foodservice & Hospitality Magazine
  11. 11. Market saturation south of the border = U.S. companies moving to Canada. Source: Canadian Foodservice & Hospitality Magazine
  12. 12. THE 2014 MENU PREDICTIONS
  13. 13. Feeling more heat from Latin America and Asia: ethnic fare with spicy condiments from Latin America and Asia stays on trend. Source: Technomic
  14. 14. Sour tastes are penetrating all aspects of the menu. Source: Technomic
  15. 15. Chefs are showcasing carbs in new and interesting ways. Source: Technomic
  16. 16. Greater lengths taken to exclude and spotlight the absence of different food items (such as Gluten, dairy, GMOs, fat, sodium, etc.) Source: Technomic
  17. 17. Emphasis on artisanal and housemade foods and beverages is inspiring chefs to make even more of their own products onsite. Source: Technomic
  18. 18. While predictions of recovery exist for 2014, there are many challenges restaurateurs will need to overcome...
  19. 19. CHALLENGES INCLUDE: Higher food costs. Higher labour costs. Weaker economy. Increased competition.
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