The size of the Canadian Restaurant Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 26.40% during the forecast period. Recent developments include: December 2022: 7-Eleven announced that it started increasing its footprint in Canada by converting a number of its restaurants into authorized outlets with fine dining seating.December 2022: MTY Food Group Inc., one of its wholly owned subsidiaries, acquired all of the issued and outstanding shares of COP WP Parent Inc. (Wetzel’s Pretzels) from CenterOak Partners. Wetzel’s Pretzels is an American chain of fast-food restaurants specializing in pretzels and hot dogs, operating in the United States, Canada, and Central America.November 2022: 7-Eleven declared the launch of its three new licensed 7-Eleven outlets in Edmonton with a few newly added food items on its menu.. Key drivers for this market are: Increasing Urbanization, Growing Disposable Income. Potential restraints include: High-price and additional delivery charges. Notable trends are: Increase in number of QSRs and street food vendors owing to the rise in popularity of on-the-go meals.

The Canada Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

Full-service restaurants refer to sit down establishments where food is served directly to the customer's table. In 2023, the market size of the full service restaurant sector in Canada reached **** billion U.S. dollars, up from the previous year's total of ***** billion U.S. dollars.

The Canadian restaurant industry is poised for significant expansion, projecting a robust Compound Annual Growth Rate (CAGR) of 26.40% over the forecast period of 2025-2033. Starting from an estimated market size of approximately $35,000 million in 2025, this dynamic sector is expected to witness substantial value creation. This impressive growth is fueled by several key drivers, including the increasing demand for convenient and diverse dining options, a growing preference for unique culinary experiences, and the continuous innovation in service models. The proliferation of cloud kitchens, the resurgence of full-service restaurants with diverse international cuisines, and the enduring popularity of quick-service establishments are all contributing factors. Furthermore, evolving consumer lifestyles, with a greater emphasis on disposable income and social dining, are creating fertile ground for market expansion across various outlet types, from independent establishments to large chained operations. The industry's trajectory is also shaped by emerging trends such as the integration of technology for enhanced customer experience, the rise of plant-based and health-conscious menu options, and a growing focus on sustainable and locally sourced ingredients. However, challenges such as rising operational costs, labor shortages, and intense competition necessitate strategic adaptation from industry players. By focusing on operational efficiency, menu innovation, and a deep understanding of consumer preferences across different segments like Cafes & Bars, Full Service Restaurants, and Quick Service Restaurants, businesses can capitalize on the immense opportunities within the Canadian dining landscape. The market's growth will likely see significant contributions from major regions, with North America, particularly the United States and Canada, expected to lead in terms of market share, followed by other developed regions and burgeoning emerging markets. Here's a report description on the Canadian Restaurant Industry, structured and populated with estimated values: Key drivers for this market are: Increasing Urbanization, Growing Disposable Income. Potential restraints include: High-price and additional delivery charges. Notable trends are: Increase in number of QSRs and street food vendors owing to the rise in popularity of on-the-go meals.

The market size of the quick service restaurant sector in Canada increased in 2022. That year, the sector reached an all-time high of **** billion U.S. dollars, up from the previous year's total of **** billion U.S. dollars.

The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of food services and drinking places (NAICS 722), annual, for five years of data.

This statistic shows the sales of the restaurant industry in Canada from 2010 to 2017. In 2017, sales of the Canadian restaurant industry amounted to approximately ** billion Canadian dollars, up from **** billion the previous year.
Canadian restaurant industry sales - Additional Information Restaurant sales in Canada have grown over the past five years from ** billion Canadian dollars in 2010 to ** billion Canadian dollars in 2017. That accumulates to an increase of approximately ** billion Canadian dollars in the Canadian restaurant industry. As restaurant industry sales have grown in Canada over this period, so have the number of employees in the Canadian restaurant industry. From 2010 to 2017, the number of employees in the restaurant industry have increased from **** million employees in 2010 to *** million employees in 2017.

Restaurant industry sales can be measured in various ways, such as average sales per seat or average sales per square foot. In 2014, quick service restaurants were the most lucrative when measuring sales per seat, with average sales of ****** Canadian dollars per seat. Fine dining restaurants ranked second, earning an average of ****** Canadian dollars per seat. In 2014 however when looking at sales per square foot, family restaurants had the highest average sales in the Canadian restaurant industry, averaging sales of ***** Canadian dollars per square foot, compared to QSR restaurants with an average of *** Canadian dollars per square foot.

Although quick service restaurants averaged fewer sales per square foot than family restaurants, it is a large market sector in terms of number of restaurants. As of January 2015, Canada had the most Starbucks stores per million people in the world with over ** Starbucks stores per million people. In the same year, Canada also had the most Subway stores per million people and the second most McDonald’s restaurants per million people with **** stores and **** restaurants and per million people, respectively.

Market Size statistics on the Full-Service Restaurants industry in Canada

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Food Service Market Size 2025-2029

The food service market size is forecast to increase by USD 53709.5 billion, at a CAGR of 47.5% between 2024 and 2029.

Major Market Trends & Insights

APAC dominated the market and accounted for a 44% growth during the forecast period.
By the Service - Conventional segment was valued at USD 1173.40 billion in 2023
By the Sector - Commercial segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 1.00 billion
Market Future Opportunities: USD 53709.50 billion 
CAGR : 47.5%
APAC: Largest market in 2023

Market Summary

The market continues to evolve, with significant shifts in consumer preferences and industry trends. According to recent studies, the sector is witnessing a notable increase in the demand for convenience and customization, leading to a surge in the adoption of off-premise dining options. In fact, off-premise sales are projected to account for over 50% of the total foodservice revenue by 2025, marking a substantial growth compared to the 35% share in 2020. Moreover, the snacking market within the foodservice industry is experiencing a remarkable expansion, with consumers opting for more frequent and diverse snacking occasions. This trend is particularly prominent among millennials and Gen Z, who are driving the demand for innovative, on-the-go snack solutions. Despite these positive developments, the foodservice sector faces challenges such as labor shortages and rising operational costs, which may impact profitability and growth. However, industry players are responding by adopting technology solutions, including automation and contactless ordering systems, to streamline operations and enhance the customer experience. Overall, the foodservice market's continuous evolution underscores the importance of staying informed about emerging trends and consumer preferences to capitalize on new opportunities.

What will be the Size of the Food Service Market during the forecast period?

Explore market size, adoption trends, and growth potential for food service market Request Free SampleThe market exhibits a consistent growth trajectory, with current industry performance registering at approximately 6% yearly expansion. Looking ahead, this trend is anticipated to continue, with future growth expectations hovering around 5%. Notably, the adoption of advanced technologies, such as online ordering platforms and kitchen workflow optimization solutions, is driving this growth. For instance, the integration of technology in food service operations has led to a 15% increase in order accuracy and a 10% reduction in wait times for customers. Furthermore, the implementation of inventory management software has resulted in a 12% decrease in food waste and a 7% improvement in overall operational efficiency. These figures underscore the significant impact technology is having on the food service industry, setting the stage for continued innovation and growth.

How is this Food Service Industry segmented?

The food service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ServiceConventionalCentralizedReady-preparedAssembly-serveSectorCommercialNon-commercialCuisine TypeAmericanItalianAsianPrice RangeBudgetMid-rangePremiumTarget AudienceFamiliesProfessionalsStudentsGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Service Insights

The conventional segment is estimated to witness significant growth during the forecast period.

In the dynamic the market, energy efficiency solutions have gained significant traction, reducing operational costs by up to 15% for restaurants and cafeterias. Simultaneously, pest control procedures and equipment maintenance schedules ensure food safety and hygiene, maintaining a 20% reduction in pest infestations. Online ordering platforms and table management systems streamline operations, increasing revenue by 18% through improved customer experience and streamlined workflows. Revenue management strategies, such as dynamic pricing and demand forecasting, have become essential tools, contributing to a 21% increase in revenue for food service providers. Supply chain traceability and nutrition labeling requirements foster transparency and trust, with a reported 25% of consumers preferring establishments that provide detailed information about their offerings. Restaurant reservation systems, HACCP implementation, and ingredient sourcing strategies are crucial components of the food service industry, enabling efficient workflows and ensuring regulatory compliance. Food service technology, including kitchen w

Food services and drinking places in Canada were heavily impacted by the coronavirus (COVID-19) pandemic. Due to restrictions on sit-down dining many business in this sector saw huge declines in sales during 2020 and continuing into 2021. The lowest figure was seen in Q2 2020, when in April sales dropped to 2.4 billion Canadian dollars. However, by summer 2021 sales began to reflect pre-pandemic levels again, with July 2021 recording sales of 6.7 billion Canadian dollars. As of November 2024, the monthly sales of food services and drinking places in Canada amounted to 8.02 billion Canadian dollars.

Seasonally adjusted receipts of monthly survey of food services and drinking places, by North American Industry Classification System (NAICS), monthly, for five months of data.

The coronavirus (COVID-19) pandemic caused the Canadian restaurant industry to take a huge hit. Due to social distancing measures 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 Canada, compared to 2019, was ***** percent on August 1, 2022.

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Restaurant Digitization Solutions Market Size 2024-2028

The restaurant digitization solutions market size is forecast to increase by USD 6.89 billion, at a CAGR of 16.81% between 2023 and 2028. The market growth is driven by several key factors such as the growing food service industry and changing consumer preferences, leading to an increased demand for innovative solutions that enhance service efficiency and customer experience. As businesses strive to adapt to evolving market trends, there is a significant focus on reduction in operational costs, achieved through streamlined processes and technology integration. Additionally, the rising need for large-scale client management systems reflects the growing complexity of managing customer relationships and maintaining high service standards in a competitive landscape. These dynamics collectively contribute to market expansion, as companies seek effective strategies and technologies to optimize operations, meet consumer demands, and manage client interactions more efficiently.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is witnessing significant growth as the Foodservice industry embraces digital technologies to enhance operations, customer experiences, and drive business growth. Key areas of focus include ordering, payment processing, inventory management, data analytics, and customer engagement. Digital ordering and payment processing systems streamline transactions, improve operational efficiency, and cater to the increasing smartphone usage and online food ordering trends. Customer engagement tools like loyalty programs and personalized marketing campaigns leverage data analytics to deliver targeted promotions and enhance the overall customer experience. Delivery apps and online reservation systems further expand the reach of restaurants, while digital menus offer dynamic, interactive experiences. Point-of-sale systems and online ordering platforms enable data-driven decision-making, while mobile payment options and mobile apps offer convenience and flexibility. The tech-driven landscape continues to evolve, with social media and data analytics playing increasingly important roles in shaping the future of the restaurant industry.

Key Market Driver

Growing food service industry and changing consumer preference is notably driving market growth. The restaurant industry is experiencing significant transformation due to digitization technologies, with fast-food segments and cafés adopting digital solutions at an accelerated pace. Digitization is enabling these businesses to expand their online presence through delivery apps, online ordering platforms, and mobile payment options. Data-driven decision-making is becoming essential in this tech-driven landscape, with loyalty programs and personalized marketing campaigns being key differentiators. Mobile apps, contactless ordering, and digital menus are becoming the norm, with machine learning and virtual kitchens revolutionizing the industry.

In addition, growth opportunities abound in areas such as order tracking, stock levels, supply chain management, and digital payment systems. Contactless dining and near-field communication are also gaining popularity, with contactless-enabled cards, smartphones, and wearables becoming common payment methods in a cashless society. Thus, such factors are driving the growth of the market during the forecast period.

Key Market Trends

Growing use of digital payment solutions in food service industry is the key trend in the market. The market is witnessing a significant shift towards digitization, with an increasing number of transactions becoming cashless. According to recent trends, digital payments are projected to account for nearly 90% of total spending in the Canadian market by 2030. In response, numerous foodservice enterprises are adopting digitization technologies to enhance their operations and gain a competitive edge. These solutions include delivery apps, online ordering platforms, mobile payment options, and contactless ordering systems. Digital presence is crucial for fast-food segments and cafes alike, with online reservations, digital menus, and loyalty programs becoming essential components of tech-driven landscapes.

Further, machine learning and virtual kitchens are also gaining popularity, enabling personalized marketing campaigns and optimizing stock levels and supply chain management. Moreover, contactless dining and digital payment systems, such as near-field communication and contactless-enabled cards, are increasingly being adopted to cater to the growing preference for cashless societies. Smartphones and wearables have become essential tools for ordering and making payments, with smart POS systems and order tracking features streamlining processes and improving custome

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Quick Service Restaurants Market Size 2025-2029

The quick service restaurants market size is forecast to increase by USD 63.8 billion, at a CAGR of 2.2% between 2024 and 2029. Rise in number of quick service restaurants will drive the quick service restaurants market.

Major Market Trends & Insights

North America dominated the market and accounted for a 53% growth during the forecast period.
By the Service, the Eat-in service sub-segment was valued at USD 270.60 billion in 2023
By the Type, the Chain sub-segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 18.09 billion
Future Opportunities: USD 63.80 billion 
CAGR : 2.2%
North America: Largest market in 2023

Market Summary

The Quick Service Restaurants (QSR) Market is experiencing significant growth and innovation, driven by advancements in core technologies and applications such as mobile ordering and contactless payment systems. This market encompasses a wide range of service types and product categories, including fast food chains, sandwich shops, and coffeehouses. Key companies include industry leaders like McDonald's, Starbucks, and Subway. Regulations, such as food safety standards and labor laws, play a crucial role in shaping the market landscape.
During the forecast period, major drivers include changing consumer preferences for convenience and affordability, while challenges include increasing competition and fluctuating raw material prices.
The global QSR market is projected to reach a value of billion dollar growth at a steady rate of 2.2% annually. Related markets such as the Food Delivery and Foodservice Packaging industries also present opportunities for collaboration and growth. 

What will be the Size of the Quick Service Restaurants Market during the forecast period?

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How is the Quick Service Restaurants Market Segmented and what are the key trends of market segmentation?

The quick service restaurants industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Eat-in service
  Takeaway service
  Drive-thru service
  Home delivery service


Type

  Chain
  Independent


Product Type

  Burger and sandwich
  Pizza
  Asian cuisine
  Frozen desserts and ice cream
  Others


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Service Insights

The eat-in service segment is estimated to witness significant growth during the forecast period.

In the dynamic quick service restaurant market, operational efficiency is a top priority. Sales forecasting models help businesses anticipate demand and optimize inventory, reducing food waste and labor costs. Online ordering platforms, a significant market trend, enable customers to place orders from anywhere, boosting average order value. Customer satisfaction scores are crucial, with mobile payment processing streamlining transactions and table management systems ensuring efficient seating. Employee turnover rates remain high, necessitating restaurant resource planning and brand consistency metrics to maintain quality service. Marketing automation tools and customer analytics dashboards provide valuable insights, while inventory management software and customer feedback systems help businesses adapt to evolving consumer preferences.

Labor cost percentage is a constant concern, leading to labor cost optimization strategies and employee scheduling software. Food cost percentage and energy management systems are essential for profit margin analysis. Delivery management software and waste management solutions cater to the growing demand for off-premises dining. Pricing optimization strategies ensure competitiveness, and menu engineering techniques enhance customer experience. Supply chain management and kitchen display systems streamline operations, fostering a continuous improvement mindset in the market.

The Eat-in service segment was valued at USD 270.60 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 53% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Quick Service Restaurants (QSR) market in North America is experiencing growth due to consumer preferences for dining out, brand loyalty, and the in

The hospitality industry has faced significant challenges over the past five years, reflected in the struggles of restaurant and hotel equipment wholesalers. Despite Canada's solid economic performance benefiting restaurants and hotels, wholesalers have yet to capitalize. The competitive nature of the industry and the rise of e-commerce sales have made it difficult for them to secure a market stronghold. Industry revenue is expected to decline at a CAGR of 1.0% over the past five years, reaching $3.3 billion in 2025, when revenue is expected to drop by 1.0%. The pandemic's impact has further exacerbated these struggles. In the hospitality sector, sudden shutdowns and a halt in travel and dining out significantly reduced equipment spending. Even as restaurants and hotels saw a recovery, wholesalers did not see a corresponding increase in sales, as these businesses remained hesitant to make significant equipment investments. High interest rates and economic instability are causing more spending caution, even as commercial construction activity stabilizes. Restaurants' and hotels' performance will undoubtedly affect equipment wholesalers' trajectory. One of the biggest challenges, though, will be the growing competitiveness of the industry. A substantial part of this competition comes from e-commerce, which allows for extensive price, quality and product comparisons. It could also motivate manufacturers to bypass wholesalers entirely. While some wholesalers are working to increase their digital presence to compete, smaller companies are struggling to stay profitable against larger competitors. Over the five years to 2030, restaurant and hotel equipment wholesalers' revenue is forecast to continue declining at a CAGR of 1.3%, resulting in a total revenue of $2.8 billion.

The Canada Food Additives Market is segmented by Type (Preservatives, Sweeteners and Sugar Substitutes, Emulsifiers, Enzymes, Hydrocolloids, Food Flavors and Colorants, and Other Types) and Application (Bakery, Confectionery, Dairy, Beverages, Meat, Poultry, and Sea Foods, and Other Applications).

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Dining Out Market Size 2025-2029

The dining out market size is forecast to increase by USD 1184 billion at a CAGR of 10% between 2024 and 2029.

The market in North America is experiencing significant growth, driven by the increasing popularity of chef-led restaurant franchises and innovative offerings In the fast food industry. Key trends include the rise of gluten-free food options, the integration of LED lighting and renewable energy in dining establishments, and the use of mobile apps and predictive analytics for improved logistics and catering services. Consumers are also seeking more personalized experiences, leading to the emergence of luxury travel and dining packages. However, challenges remain, such as addressing concerns regarding food wastage and the need for sustainable packaging solutions. Food delivery services continue to gain traction, with noodles and burritos among the most popular choices.Franchises and pizza chains are leveraging technology to streamline operations and enhance the customer experience. Overall, the market is evolving to meet changing consumer preferences and demands, with a focus on sustainability, convenience, and personalization.

What will be the Size of the Dining Out Market during the forecast period?

Request Free SampleThe market continues to evolve, driven by shifting consumer preferences and advancements in food technology. Health-conscious consumers seek out low-calorie meals, fresh ingredients, and plant-based options, while eco-conscious diners prioritize sustainable practices and eco-friendly packaging. International cuisines and distinctive dining experiences remain popular, with a growing demand for ethically sourced food and locally-sourced ingredients. Food delivery platforms and online ordering have become essential conveniences, with loyalty programs and self-service kiosks streamlining the ordering process. The market size is significant, with high-income families, teenagers, and young adults among the key demographics. Alcohol continues to be a significant revenue generator, but the industry is also adapting to the rise of vegan menus and the increasing popularity of plant-based meals.Marketing and advertising efforts focus on convenience, digital platforms, and sustainability, with cafes and bars offering unique experiences to attract customers. Overall, the market is characterized by its diversity, adaptability, and commitment to meeting the evolving needs and preferences of consumers.

How is this Dining Out Industry segmented?

The dining out industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeRestaurantsDrinking establishmentsProductNorth AmericanItalianMexicanOthersGeographyAPACChinaIndiaJapanNorth AmericaCanadaUSEuropeGermanyUKFranceItalySouth AmericaBrazilMiddle East and Africa

By Type Insights

The restaurants segment is estimated to witness significant growth during the forecast period.The market In the United States is a thriving industry, encompassing various restaurant formats to cater to diverse consumer preferences. Fine dining establishments provide luxurious experiences with nutritious, gourmet food, impeccable service, and a refined ambiance, making them popular for special occasions and health-conscious consumers. Casual dining chains offer a relaxed atmosphere, affordable prices, and a diverse menu, attracting families and groups for casual meals. Fast-casual restaurants offer a balance between convenience and quality, with customizable menu options, quick service, and a focus on food sustainability initiatives. Specialty restaurants cater to niche cuisines, unique dining experiences, and specific dietary preferences, such as plant-based diets and local sourcing.Food delivery apps and contactless dining have become increasingly popular due to the convenience they offer and the importance of food safety standards during the ongoing health crisis. Restaurant technology, including digital ordering, menu innovation, and restaurant reservation systems, has also gained prominence. Food waste reduction and sustainable food systems are key trends, with an emphasis on waste minimization, organic food, and farm-to-table dining. Food safety regulations and ethical food sourcing are also crucial considerations for consumers and restaurants alike. The market is influenced by various factors, including food industry trends, consumer preferences, and food delivery logistics. Food influencers, bloggers, and food critics play a significant role in shaping consumer perceptions and driving innovation In the industry.The dining landscape is constantly evolving, with a focus on culinary innovation, fusion cuisine, and sustainable food systems.

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The operating expenses by North American Industry Classification System (NAICS) which include all members under industry expenditures, for food services and drinking places (NAICS 722), annual (percent), for five years of data.

The distribution of total sales, by North American Industry Classification System (NAICS) 722 food services and drinking places, which include all members under distribution of sales, annual, (percent), for five years of data.

Canada Food Enzymes Market is segmented by Type (Carbohydrase, Protease, Lipase, and Others) and Application (Bakery, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Beverages, and Others)