The global restaurant industry was seriously impacted by the coronavirus (COVID-19) pandemic. Social distancing measures and general caution towards public places caused many consumers to dine out less. According to the source, the year-over-year change of seated diners in restaurants worldwide, compared to 2019, was 0.81 percent on August 1, 2022.

Has the global online food delivery sector grown due to COVID-19?

The market size of the global online food delivery sector was estimated to total 130.2 billion U.S. dollars in 2022, a figure that is forecast to grow to over 223 billion U.S. dollars by 2027. Due to the coronavirus (COVID-19) pandemic, and a subsequent lack of in-house dining, worldwide digital restaurant food delivery grew across various countries from 2019 to 2020. Digital delivery services are defined as meals or snacks ordered via mobile app, internet, or text message. In total, digital restaurant delivery increased 67 percent globally, with the United States increasing the most at 123 percent.

What is the leading restaurant chain worldwide?

When looking at the global restaurant landscape, the majority of the biggest brands are quick service restaurants (QSRs). In a 2021 ranking of the most valuable quick service brands worldwide, McDonald's came out on top, reaching a brand value of 154.9 billion U.S. dollars. Meanwhile, Starbucks was a not so close second place, at approximately 60.3 billion U.S. dollars.

The coronavirus (COVID-19) pandemic caused the United States' restaurant industry to take a huge hit. Due to measures of social distancing and general caution in public places, consumers were forced to dine out less. According to the source, the year-over-year change of seated diners in restaurants in the U.S., compared to 2019, dropped 9.18 percent on August 1, 2022.

The coronavirus pandemic brought major changes to dining behaviors among restaurant-goers in the United States. Restaurant closures and social distancing measures resulted in an increasing demand for online food delivery, both directly through a restaurant's website or using a third-party delivery service. In 2020, the online restaurant delivery sector's share of the restaurant market was predicted to be 13 percent, before the pandemic this figure was forecast at nine percent. The post-coronavirus market share was expected to rise as much as 21 percent in 2025.

The coronavirus (COVID-19) pandemic caused the United Kingdom's (UK) restaurant industry to take a huge hit. Due to measures of social distancing and general caution in public places, consumers were forced to dine out less. According to the source, the year-over-year change of seated diners in restaurants in the UK, compared to 2019, was 19.50 percent on August 1, 2022.

This project aimed to explore the impacts of Covid-19 on the food system in England. It was funded by the ESRC via the UKRI call for urgent Covid-19 research. The project convened an expert panel of industry and policy experts to share the impacts of Covid-19 on different parts of the food system. We interviewed those working in the industry. Our monthly bulletins highlighted both good practice and areas of concern as we work towards a resilient and fair food system in the crisis. A survey of food businesses in April-June 2021. The data comprises 164 responses to questionnaire survey. The survey explored the impacts of Covid and Brexit, and the adaptations businesses made in response.

From panic buying to shortages, real or perceived, COVID-19 is leaving its mark on the food system. Whilst media attention has been on retail, the shock has also been felt in the food manufacture, processing, packaging and distribution sectors. In the first weeks of lock-down there have been cases of milk companies cancelling contracts with farmers but other companies have experienced increased demand from supermarket outlets. Fishermen have seen the demand for seafood from the restaurant trade in the UK and the EU dry up. Some are seeking to establish new retail outlets such as home delivery, others are reported not to be fishing. We need to know very rapidly how the supply chain for dairy, fish, flour, fruit and vegetables, and meat is adapting. Critically, what steps might be required to ensure food continues to reach shops and that there is fairness for food workers and for consumers? We will work with a panel of experts to gain and share information about food supplies, and we will interview those working in the industry. Our monthly bulletins will highlight both good practice and areas of concern as we work towards a resilient and fair food system in the crisis.

In 2020, the food service industry in the United States took a huge hit due to the coronavirus (COVID-19) pandemic. According to the source, in 2020, the retail sales of the food service industry was forecasted to reach 636 billion U.S. dollars (nominal dollars). This shows a 183 billion U.S. dollars decline when compared to the previous year.

The coronavirus (COVID-19) pandemic caused Ireland's restaurant industry to take a huge hit. Due to measures of social distancing and general caution in public places, consumers were forced to dine out less. According to the source, the year-over-year change of seated diners in restaurants in Ireland, compared to 2019, was 138.12 percent on August 1, 2022.

According to Cognitive Market Research, the global Restaurant Software Market size will be USD 4685.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 17.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 1874.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1405.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1077.67 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 234.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 93.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.7% from 2024 to 2031.
The Restaurant Management Software is the fastest growing segment of the Global Restaurant Software Market.

Market Dynamics of Restaurant Software Market

Key Drivers for Restaurant Software Market

Significant Expansion of Restaurant Chains Worldwide to Boost Market Growth

The global restaurant industry has witnessed significant expansion in recent years, driven by changing consumer preferences and urbanization. The rise of quick-service and fast-casual dining concepts, coupled with increasing demand for diverse culinary experiences, has spurred the growth of restaurant chains across various regions. Major restaurants are aggressively expanding their presence in emerging markets such as Asia-Pacific, Latin America, and the Middle East, capitalizing on rising disposable incomes and shifting lifestyles. Additionally, the popularity of franchise models has enabled rapid scalability, allowing local entrepreneurs to invest in well-established brands, further fueling expansion. The developers operating in the restaurant software market are developing novel products to meet customer needs. For instance, in September 2024, Zomato announced the new POS developer platform to help restaurants enhance and optimize their operations. The platform offers clear documentation, real-time API testing, and a toolkit for POS partners to scale features efficiently. Overall, the global expansion of restaurant chains reflects broader economic and social trends, positioning the sector for continued growth.

Growing numbers of online food delivery platforms

The rise of online food delivery platforms is driving significant demand for restaurant software solutions to manage increasing operational complexity. As more restaurants partner with services, they require advanced software to handle the influx of online orders, process payments, and track deliveries seamlessly. This has led to greater adoption of Point-of-Sale (POS) systems that integrate with delivery platforms for real-time updates and efficient order management. Furthermore, restaurant software now needs to support multiple delivery platforms, manage complex menu synchronization, and offer tools for optimizing operations based on consumer data. Features such as inventory management, customer relationship management (CRM), and analytics are increasingly critical as restaurants leverage insights from these platforms to enhance customer experiences and improve profitability.

Restraint Factor for the Restaurant Software Market

Substantial Cost of Implementing and Maintaining Restaurant Software

The substantial cost of implementing and maintaining restaurant software can be a major challenge for businesses, particularly small and medium-sized establishments. These costs include upfront expenses such as purchasing or subscribing to software, hardware such as POS terminals, and installation fees. Additionally, ongoing maintenance involves software updates, troubleshooting, technical support, and potential integration with other systems like online ordering platforms and inventory management tools. Moreover, training staff on new systems adds to the cost. For many restaurants, balancing these investments with operational savings can be a financial strain.

Impact of Covid-19 on the Restaurant Software Mar...

According to Cognitive Market Research, the global Quick Service Restaurant - QSR market size is USD 176944.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 70777.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 53083.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 40697.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 8847.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3538.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Chain held the highest Quick Service Restaurant - QSR market revenue share in 2024.

Market Dynamics of Quick Service Restaurant - QSR Market

Key Drivers for Quick Service Restaurant - QSR Market

Busy Lifestyles and Convenience to Increase the Demand Globally

Quick Service Restaurants - QSRs are a popular choice among consumers seeking easy dining options in today's fast-paced world due to busy lifestyles. These restaurants offer speedy service without sacrificing quality, making them a hassle-free and cost-effective option for people on the go. Customers are primarily driven by speed and efficiency of service, which makes it convenient for them to grab a meal in the middle of their busy schedules. QSRs take advantage of this need by putting an emphasis on quick order processing and efficient operations, making sure that patrons can have a filling meal without having to spend the time that comes with more traditional dining experiences.

Growing Urbanization to Propel Market Growth

The increasing global trend of urbanization creates a need for easily accessible dining options, which Quick Service Restaurants (QSRs) skillfully fill. QSRs effectively serve the fast-paced lifestyles of metropolitan residents with their well-placed locations and prompt service. Customers looking for quick and hassle-free meal solutions find QSRs' convenience more and more alluring as cities grow and people move into metropolitan regions. The convenience of QSRs' quick service dining options complements the hectic lifestyle of cities, making them the go-to option for people seeking quick meals in the middle of busy schedules. The increasing tendency toward urbanization strengthens QSRs' status as essential elements of urban food landscapes.

Restraint Factor for the Quick Service Restaurant - QSR Market

Rising Labor Costs to Limit the Sales

Growing labor expenses are a major obstacle for the Quick Service Restaurant (QSR) sector, affecting businesses' profit margins. Because the sector relies so significantly on labor-intensive processes, profitability may be impacted by rising salaries and related costs. QSRs are under increasing pressure to change as labor laws and minimum pay rates change while preserving their service's price and caliber. Restaurants may use techniques like automation, process optimization, and menu revisions to lessen the effects of growing labor expenses. However, in light of the changing labor market, QSRs continue to face a sensitive task in trying to strike a balance between cost-cutting initiatives and preserving customer happiness and operational effectiveness.

Impact of Covid-19 on the Quick Service Restaurant - QSR Market

Due to the COVID-19 epidemic, the Quick Service Restaurant (QSR) market experienced severe difficulties. Lockdowns, limitations, and shifts in customer behavior had a significant effect on QSR operations. A lot of eateries had to immediately adjust to social distancing laws by switching to drive-thru, delivery, and takeaway services. Nonetheless, fewer foot traffic and unpredictability in the economy resulted in falling revenue and sales for many businesses. Disruptions in the supply chain also had an impact on the cost and availability of ingredients. Some QSR chains with excellent delivery capabilities and a solid digital inf...

According to Cognitive Market Research, the global Restaurant Inventory Management Software market size is USD 2184.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 873.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 655.38 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 502.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 109.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 43.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
The Software held the highest Restaurant Inventory Management Software market revenue share in 2024.

Market Dynamics of Restaurant Inventory Management Software Market

Key Drivers for Restaurant Inventory Management Software Market

Increasing Demand for POS Technology

The increased adoption of mobile POS systems is expected to drive market growth. Restaurants, bars, and other food service businesses rely significantly on point-of-sale (POS) technology to manage sales, items, operations, and inventory. Touchscreen ordering solutions are popular for ensuring precise consumer orders. Most restaurants' IT resources and investments are typically directed toward POS systems. Restaurant owners seek innovative ways to increase client happiness. For instance, mobile POS systems allow employees to spend more time dealing with clients on the sales floor rather than constantly going the kitchen and administrative facilities. As a result, restaurants can create a culture that is geared toward improving the customer experience.

Integration of Software to Enhance Customer Experience

Restaurant owners must understand client expectations in order to provide a superior customer experience and stay ahead of the competition. Digital transformation has enabled restaurants to provide a better customer experience. Customers frequently choose to pre-order food or make bookings online via web apps or mobile devices. Furthermore, there has been a considerable shift in how clients pay for meals. Customers, for example, prefer to pay using secured credit cards and online.

Restraint Factor for the Restaurant Inventory Management Software Market

Lack of Restaurant Management Software Integration

Restaurant management software is offered from a variety of suppliers and can help to simplify restaurant operations. Even though multiple vendors offer stand-alone restaurant solutions, these solutions must allow for unified integration with other systems that restaurants have already established. As a result, restaurant owners have multiple systems running in the same operational environment with limited connectivity, which restricts information sharing. This increases the necessity for a single software platform capable of supporting all of the important software applications required by a restaurant and readily integrating with other well-known software solutions.

Impact of Covid-19 on the Restaurant Inventory Management Software Market

The outbreak of COVID-19, which has affected the restaurant industry, as well as rising demand for restaurant-specific software for invoicing, payment processing, and inventory management, have prompted the creation of restaurant management software. COVID-19 is a public health issue that has affected practically every firm, and its long-term repercussions will have an impact on the industry's growth during the projected period. Continuous research broadens the research method to guarantee current COVID-19 issues are addressed and potential future approaches are investigated. This study discusses COVID-19 based on changes in consumer demand and behavior, purchasing habits, supply chain rerouting, current market dynamics, and government actions. Introduction of the Restaurant Inventory Management Software...

The coronavirus (COVID-19) pandemic caused Germany's restaurant industry to take a huge hit. Due to measures of social distancing and general caution in public places, consumers were forced to dine out less. According to the source, the year-over-year change of seated diners in restaurants in Germany, compared to 2019, was 42.79 percent on August 1, 2022.

The COVID-19 pandemic has significantly impacted on the UK's food systems, and disruptions are likely to continue. There is emerging evidence that the local food sector (local food producers and their supply chains) can significantly contribute to the resilience of the UK's food system at this time. This collection consists of 47 semi-structured on the topic of impacts of and adaptation to the Covid-19 pandemic, undertaken with a range of businesses, organisations, and experts operating in the local food sector in the UK in the period July 2020-August 2021.

The COVID-19 pandemic has significantly impacted on the UK's food systems, and disruptions are likely to continue. There is emerging evidence that the local food sector (local food producers and their supply chains) can significantly contribute to the resilience of the UK's food system at this time. However, robust data is needed to better understand the impact this sector can make on food security during and after the pandemic, and to help maximise its contribution.

By working closely with key businesses and organisations in the local food sector, this 5-stage project will use surveys, interviews, citizen science, and backcasting to provide timely evidence on 1. the sectors' robustness, capturing the impact of and response to the pandemic (deliverable 1); 2. its adaptability, gathering information on adaptation by local producers, short chains and intermediate actors (deliverables 2 & 3); 3. its route to transformation in the post-pandemic context, assessing longer-term changes at supply chain and policy levels (deliverables 4 & 5).

The project will collect and feed back robust data, and by providing structured space for sector-wide collaboration and long-term planning. It will enable the business and policy actors on local and national levels to maximise the local food system's contribution to UK's food security, and to ensure its sustainability and resilience. This project has significant buy-in from key businesses and organisations in this sector, as well as policymakers, as evidenced by letters of support. It is, therefore, highly likely to ensure high participation rates and deliver significant impact..

According to Cognitive Market Research, The Global Lunch Takeout market size is USD 216.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2023 to 2030.

North America Lunch Takeout held the major market share in 2023. It accounted for more than 40% and a CAGR of 5.0% of the global revenue in 2023.
European Lunch Takeout market accounted for approximately 30% and a CAGR of 5.2% of the global revenue in 2023.
Asia Pacific Lunch Takeout held a considerable market share in 2023, accounting for more than 22% and a CAGR of 7.5% of the global revenue in 2023.
Latin America Lunch Takeout accounted for more than 5% and a CAGR of 6.0% of the global Lunch Takeout revenue in 2023.
Middle East and Africa Lunch Takeout accounted for more than 3.00% and a CAGR of 6.1% of the global revenue in 2023.
The demand for Lunch Takeout is rising due to the growing concerns about safety and hygiene.
Demand for cash remains higher in the Lunch Takeout market.
The quick-service restaurant category held the highest Lunch Takeout market revenue share in 2023.

Increasing Number of Restaurants to Provide Viable Market Output

The increasing number of restaurants bolsters the growth of the market. This trend is fueled by evolving consumer lifestyles and a growing preference for convenient dining options. The expanding restaurant landscape offers consumers diverse choices for takeout meals, catering to various tastes and dietary preferences. Additionally, the rise of online platforms and food delivery services has further facilitated access to a broad spectrum of culinary options, driving the demand for lunch takeout. The competitive market landscape encourages innovation and quality improvements, enhancing restaurant takeout services' overall appeal and contributing to the market's upward trajectory.

For instance, the Kitchen Display System (KDS), a digital menu board for kitchen staff, automatically displays orders based on priority and flags any special dietary requests. This system communicates directly with the restaurant's POS system and tracks meal delivery times.

(Source: www.lsretail.com/resources/what-is-restaurant-kitchen-display-system)

Recent Digital Advancements to Propel Market Growth

The recent digital advancements provide growth in the market. The proliferation of mobile apps, online ordering platforms, and digital payment methods has revolutionized how consumers access and purchase takeout meals. The ease of browsing menus, placing orders, and making secure smartphone payments has enhanced customer convenience. Additionally, integrating advanced technologies like AI-driven recommendations and geo-location services further personalizes the ordering experience, increasing customer satisfaction. As a result, the seamless digital experience provided by these innovations has become a key driver in the growth of the global lunch takeout market.

For instance, according to REVOLVING KITCHEN, digital ordering and delivery is increasing by up to 300% compared to dine-in traffic.

(Source: revolvingkitchen.com/2021/03/12/how-to-start-delivery-only-restaurant/#:~:text=A%20virtual%20restaurant%20doesn't,food%20available%20only%20through%20delivery.)

Market Dynamic For Lunch Takeout Market

Difficulty in Maintaining Quality Standards to Restrict Market Growth

Maintaining the quality standards constrains the growth of the market. The diverse nature of cuisines, extended delivery times, and varied environmental conditions make it hard to ensure consistent food quality. The packaging and transportation processes may impact the freshness and taste of the food, leading to potential customer dissatisfaction. Additionally, stringent food safety regulations add complexity to quality control efforts. Balancing efficiency and quality across a wide range of menu items, especially for diverse global tastes, requires meticulous attention, making it a persistent challenge for businesses operating in the lunch takeout sector.

Impact of COVID-19 on the Lunch Takeout Market

The social distancing measures and restaurant closures led to a surge in demand for takeout services. Many restaurants adapted by focusing on online ordering, contactless delivery, and enhanced safety protocols. However, supply chain challenges, labor shortages, and economic uncertainties impacted the industry. Despite these challenges, the market ...

The global food service market size was worth $3,486.58 billion in 2024 is projected to grow from $4,027.61 billion in 2025 to $6,810.86 billion by 2032

Using point-of-sales (POS) data, the sales trends of 48 member stores of a Korean restaurant franchise during the COVID-19 pandemic were analyzed. As daily sales are nested in each member store of a franchise, the hierarchical structure of POS data was fully and effectively utilized by employing a mixed-effects model. The results showed that although sales volumes in all member stores were negatively affected by the pandemic, the level of impact varied according to store location: sales at some stores were drastically reduced, while a few others even achieved a slight increase in sales during the pandemic. These findings suggest that the government support policy for small business owners should be designed in a locally optimized way, to take account of neighborhood characteristics and the degree of sales loss for individual business owners.

Shifting social trends have significantly influenced the Restaurants industry's performance over recent years. Consumers' busy lifestyles and high workloads have bolstered demand for restaurant meals and takeaway. Restaurants allow consumers to combine dining with leisure and avoid spending time on food preparation. Rising demand for food delivery platforms like Uber Eats has also supported industry revenue, allowing time-poor consumers to purchase home-delivered, restaurant-quality food. A fall in discretionary incomes and recent cost-of-living pressures have restricted patronage for restaurants, as consumers have become more concerned about the costs of dining out. Industry businesses are also finding it extremely difficult to deal with elevated operational costs, including high input, wage and energy expenses. Labour shortages have also been extreme in the industry, with restaurants facing major retention gaps. These factors, along with intense competitive pressures, have curbed the industry’s profitability growth and forced businesses to exit the industry over the two years through 2024-25. Nonetheless, the total number of enterprises in the industry has increased over the past five years as dynamic consumer preferences have created several niches for restaurants to cater to. Overall, industry revenue is anticipated to have soared at an annualised 6.6% over the five years through 2024-25 to $24.1 billion. This includes an expected 2.2% dip in 2024-25. Looking ahead, improving consumer confidence and expanding discretionary incomes are set to support industry revenue. Reeling from the economic challenges of the previous five-year period, restaurants are anticipated to diversify their revenue streams by expanding their service offerings to include merchandise and live events. Restaurants are forecast to focus on improving operational efficiencies to limit costs and boost profitability. There will also be a focus on sustainability efforts as Australian consumers become more discerning about their environmental choices. Overall, industry revenue is projected to climb an annualised 1.0% over the five years through 2029-30 to total $25.5 billion.

What is the COVID-19 Economic Vulnerability Index?The COVID-19 Vulnerability Index (CVI) is a measurement of the negative impact that the coronavirus (COVID-19) crisis can have on employment based upon a region's mix of industries. For example, accommodation and food services are projected to lose more jobs as a result of the coronavirus (in the neighborhood of 50%) compared with utilities and healthcare (with none or little expected job contraction).An average Vulnerability Index score is 100, representing the average job loss expected in the United States. Higher scores indicate the degree to which job losses may be greater — an index score of 200, for example, means the rate of job loss can be twice as large as the national average. Conversely, an index score of 50 would mean a possible job loss of half the national average. Regions heavily dependent on tourism with relatively high concentrations of leisure and hospitality jobs, for example, are likely to have high index scores. The Vulnerability Index only measures the impact potential related to the mix of industry employment. The index does not take into account variation due to a region’s rate of virus infection, nor does it factor in local government's policies in reaction to the virus. For more detail, please see this description.MethodologyThe index is based on a model of potential job losses due to the COVID-19 outbreak in the United States. Expected employment losses at the subsector level are based upon inputs which include primary research on expert testimony; news reports for key industries such as hotels, restaurants, retail, and transportation; preliminary release of unemployment claims; and the latest job postings data from Chmura's RTI database. The forecast model, based on conditions as of March 23, 2020, assumes employment in industries in each county/region would change at a similar rate as employment in national industries. The projection estimates that the United States could lose 15.0 million jobs due to COVID-19, with over half of the jobs lost in hotels, food services, and entertainment industries. Contact Chmura for further details.

Hong Kong SAR (China) Diffusion Indices: Business Receipts: Outlook: Restaurant data was reported at 43.400 Point in Jan 2025. This records a decrease from the previous number of 44.300 Point for Dec 2024. Hong Kong SAR (China) Diffusion Indices: Business Receipts: Outlook: Restaurant data is updated monthly, averaging 48.350 Point from Jun 2011 (Median) to Jan 2025, with 164 observations. The data reached an all-time high of 65.200 Point in Apr 2022 and a record low of 24.700 Point in Jul 2020. Hong Kong SAR (China) Diffusion Indices: Business Receipts: Outlook: Restaurant data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.S013: Diffusion Indices on Business Receipts and Employment. [COVID-19-IMPACT]

Hours worked by hourly employees in food & drink of Connecticut went up by 1.91% from -47.2 % in 02/12/2025 to -48.1 % in 02/13/2025. Since the 6.63% drop in 02/11/2025, hours worked by hourly employees in food & drink improved by 3.44% in 02/13/2025. All the rates compare that day vs. the median for that day of the week for the period Jan 4, 2020 – Jan 31, 2020.

The Report Covers Global AI in Food and Beverage Industry Growth and Size and is Segmented by Application (food Sorting, Consumer Engagement, Quality Control, and Safety Compliance, Production and Packaging, Maintenance, and Other Applications), End User (hotels and Restaurants, Food Processing Industry, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.