According to Renub Research, report titled “Canada Foodservice Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Canada Foodservice Market was USD 94.19 Billion in 2021. Over the years, the foodservice industry in Canada has revolutionized in size. Canadian consumers tend to spend a substantial amount of their earnings on foodservice owing to the four crucial factors of value, convenience, health, and sustainability that drive their choices. Thus, Canada has a potential market in the foodservice industry as it possesses a broad consumer base with a multicultural population of millions.
2. According to Renub Research, report titled “Canada Foodservice Market, Size, Forecast 2022-
2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis”
the Canada Foodservice Market was USD 94.19 Billion in 2021. Over the years, the foodservice
industry in Canada has revolutionized in size. Canadian consumers tend to spend a substantial
amount of their earnings on foodservice owing to the four crucial factors of value, convenience,
health, and sustainability that drive their choices. Thus, Canada has a potential market in the
foodservice industry as it possesses a broad consumer base with a multicultural population of
millions. Moreover, the millennials and generation Zers are the major fast-food spenders in the
industry. The fast-food sector traditionally includes food and beverages items; however, with the
evolution of time, plant-based products have also been added to the fast-food list.
Around the year, Canadians make millions of restaurant visits on any typical day. In addition, they
have a more personal, direct, and frequent association with the foodservice industry. They stop for
a coffee on their way to work, they go out for dinner to celebrate an anniversary, and they order in
to feed a crowd.
Canada Foodservice Market
Canada Foodservice Market
3. Moreover, some people interact with restaurants daily, and for others, a trip to a restaurant is a
special treat. Whatever the occasion, good service, great food, and a safe and enjoyable
experience add to the growth of the foodservice industry in Canada.
Full-Service Restaurants Grows with High Growth Rates:
The Canadian fast food industry is categorized into quick-service restaurants, full-service
restaurants, caterers, and drinking places. Full-service restaurants are growing with high
germination rates. Additionally, quick-service restaurants also hold a conspicuous share in the
overall foodservice business in Canada. The relatable augmentation of the Canadian foodservice
business is constantly supported by Canada's economy, operating at total capacity.
Provincial Boundaries of Canada Foodservice Industry:
Across Canada, the foodservice industry has embarked on concrete expansion plans to effectively
perceive its presence in provinces like Newfoundland & Labrador, Prince Edward Island, Nova
Canada Foodservice Market
Canada Foodservice Market
4. Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.
Further, with moderation from the significant increases in recent years, Ontario is among Canada's
fastest total foodservice market growth due to a thriving population and healthy job generation
aggregates. Hence as per our analysis, the foodservice industry in Ontario will remain healthy
during 2021-2027.
On the other hand, Quebec's foodservice industry flourished average annual market growth year on
year. Growth was driven by the active consumer, business, and tourist spending at restaurants and
drinking spots. Similarly, over the years, the fast-food market in British Columbia has also
progressed amongst the highest growth figure in Canada.
Competitive Landscape:
The Canadian fast food industry is highly competitive. The significant players in the market
comprise Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., The Wendys Co.,
Canada Foodservice Market
Canada Foodservice Market
5. and Performance Food Group. As per our analysis, these players have achieved popularity and will
develop further.
Further, the players are also undertaking expansion strategies, rolling out innovative menus, and
intensifying their portfolios to gain a stronghold in the market. For instance, in 2020, Tim Hortons
launched three variations of new Dream Donuts across Canada. The three varieties constitute
Dulce de Leche Crème, the Strawberry Confetti, and Chocolate Truffle.
The Impact of COVID-19 on the Canadian Foodservice Industry
The COVID-19 pandemic has created vital challenges for the foodservice market in Canada. The
situation was unprecedented, with many foodservice businesses being forced to close and filed for
bankruptcy during the pandemic. Therefore, exploring emergent evidence food service industries in
Canada was struck by COVID-19.
Canada Foodservice Market
Canada Foodservice Market
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sample-page.php?gturl=canada-foodservice-market-p.php
6. Although pandemic has had a destructive impact on the entire foodservice industry across
Canada, the industry assumes it is poised to turn the corner as customers revert to dining out. The
foodservice industry, which bore the brunt of COVID-related dine-in restrictions, quickly carved out
its share of the recovery in the April-May-June quarter of 2021. Also, consumer spending jumped
compared to the decline last year. As per this research report, Canada Fast Food Market was US$
94.19 Billion in 2021.
Market Summary:
• Restaurant Type – We have covered Commercial (Quick Service Restaurants, Full Service
Restaurants, Caterers and Drinking Places) and Non-Commercial.
• Province - In our report we have covered provincial outlook of Newfoundland & Labrador,
Prince Edward Island, Nova Scotia, New Brunswick, Atlantic Region, Quebec, Ontario,
Manitoba, Saskatchewan, Alberta and British Columbia
Canada Foodservice Market
Canada Foodservice Market
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brochure-page.php?gturl=canada-foodservice-market-p.php
7. • Traffic - In our report we have studied the traffic patterns in Full Service Restaurants (Morning
Meal, Lunch, Supper and PM Snack) and Quick Service Restaurants (Morning Meal, Lunch,
Supper and PM Snack).
• Food Items – Our report covers food items like French Fries, Potato, Sweet Potato, Onion
Rings, Breakfast Item, Burger, Sandwich, Subs, Chicken, Breads, Salad, Pizza, Panzerotti,
Calzone, Cakes, Squares, Muffins and Vegetarian Item (Incl Eggs/Dairy as food items in the
market.
• Beverage Items – We have studied beverage items like Coffee, Carbonated Soft Drink, Pop,
Soda, Water (includes tap water), Hot Tea, Alcoholic Beverages, Fruit Juice, Iced Tea,
Milkshakes, Smoothies, Milk and Hot Chocolate).
• Average Check Size – Per Person – We have covered Quick Service Restaurants, Full Service
Restaurants (Midscale Dining, Casual Dining and Fine Dining) and Retail Foodservice with
respect to Average Check Size – Per Person.
• Channel - We have studied aspects of Quick Service Restaurants and Full Service Restaurants
through Delivery, Takeout, Drive Thru and Dine-in existing in Canada Foodservice Industry.
Canada Foodservice Market
Canada Foodservice Market
8. • Operating Ratios – We have covered Operating Ratios like Cost of Sales, Salaries & Wages,
Repair & Maintenance, Rental & Leasing, Utilities, Advertising, Depreciation, Other and Pre-Tax
Profit.
• Key Companies – The key players include Starbucks Corp., Papa John's International Inc.,
Domino's Pizza Inc., The Wendys Co. and Performance Food Group.
Canada Foodservice Market
Canada Foodservice Market
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Canada Foodservice Market
Canada Foodservice Market
