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.

View monthly updates and historical trends for Toronto, ON Specialty Food Stores Retail Sales (DISCONTINUED). Source: Statistics Canada. Track economic da…

Caribbean Restaurant Market Outlook

According to our latest research, the global Caribbean restaurant market size reached USD 5.3 billion in 2024, reflecting a robust appetite for Caribbean cuisine worldwide. The market is expected to grow at a CAGR of 7.1% during the forecast period, reaching USD 9.9 billion by 2033. This notable growth is primarily driven by increasing consumer demand for diverse ethnic dining experiences, the proliferation of food delivery platforms, and the rising influence of Caribbean culture in global gastronomy.

One of the primary growth factors for the Caribbean restaurant market is the increasing globalization of food culture. Consumers across the globe, particularly in North America and Europe, are exhibiting a growing curiosity for authentic and exotic cuisines. Caribbean food, with its unique blend of African, European, and indigenous influences, offers a vibrant palette of flavors that appeals to adventurous palates. The rise of travel and tourism has further fueled this interest, as tourists returning from the Caribbean often seek similar dining experiences in their home countries. This trend is amplified by the growing presence of Caribbean communities in major metropolitan areas, who contribute to the authenticity and proliferation of these restaurants.

Another significant driver is the digital transformation of the foodservice industry. The adoption of online ordering, mobile apps, and third-party delivery services has made Caribbean cuisine more accessible than ever before. Consumers now have the convenience of enjoying Caribbean meals at home, which has expanded the customer base beyond traditional dine-in patrons. This shift has also allowed smaller, independent Caribbean restaurants to compete with larger chains by leveraging digital marketing and delivery partnerships. Additionally, social media platforms like Instagram and TikTok have played a crucial role in promoting Caribbean food trends, with visually appealing dishes such as jerk chicken, plantains, and roti gaining viral popularity and attracting new demographics.

Health and wellness trends are also contributing to the growth of the Caribbean restaurant market. Many Caribbean dishes emphasize fresh ingredients, lean proteins, and bold spices, aligning with the preferences of health-conscious consumers. The increasing demand for gluten-free, vegan, and organic menu options has encouraged Caribbean restaurants to innovate and diversify their offerings. Furthermore, the focus on sustainability and locally sourced ingredients resonates with eco-conscious diners, enhancing the market appeal of Caribbean cuisine. Restaurants are adapting by highlighting traditional recipes that utilize fresh produce, seafood, and minimally processed ingredients, thereby attracting a broader customer base.

Regionally, North America continues to dominate the Caribbean restaurant market, accounting for the largest share in 2024. This is largely due to the significant Caribbean diaspora in cities such as New York, Miami, Toronto, and London, which has fostered a thriving restaurant scene. Europe is emerging as a promising market, driven by the increasing popularity of ethnic cuisines and the growth of multicultural populations. The Asia Pacific region, while still nascent, is witnessing gradual adoption, particularly in urban centers with diverse culinary offerings. Latin America and the Middle East & Africa regions are also showing potential, supported by tourism and expatriate communities. Overall, the global footprint of Caribbean restaurants is expanding, supported by favorable demographic trends and evolving consumer preferences.

Service Type Analysis

The Caribbean restaurant market is segmented by service type into Dine-In, Takeaway, Delivery, and Catering, each catering to distinct consumer needs and contributing uniquely to market growth. Dine-In services remain a cornerstone, offering customers an immersive experience that captures the vibrant ambiance and hospitality intrinsic to Caribbean culture. Many patrons prefer the dine-in format to enjoy freshly prepared dishes, live music, and themed décor, which together create an authentic atmosphere. This segment often sees higher average transaction values due to upselling opportunities and the appeal of specialty beverages and desserts. Post-pandemic, dine-in traffic has rebounded strongly, particularly in urban areas where experiential dining is highly valued.

Number of employees by North American Industry Classification System (NAICS) and type of employee, last 5 years.

The global coffeehouse chain, Starbucks, had 1,603 stores in Canada in 2024. Most of the chain's establishments were company-operated, a figure amounting to exactly 997 stores, while the remaining 486 stores were licensed. In recent years, the number of licensed Starbucks stores in Canada has seen consistent growth. How many Starbucks stores are there worldwide? In 2023, the number of Starbucks stores worldwide exceeded 40 thousand. Starbucks stores have increased almost every year over the past decade. The only exception was in 2009, most likely due to the global financial crisis. Global expansion has ultimately allowed the coffee-chain to roughly double its number of locations over the past 10 years. In 2024, the number of international Starbucks stores was 21,775 How many Tim Hortons restaurants are in the U.S.? With over 5 thousand restaurants worldwide, Tim Hortons was one of the largest quick service chains in Canada as of 2023. During that year, the Toronto-based quick service restaurant chain operated and franchised a total of 5,833 restaurants across the globe. The vast majority of these restaurants were located in its home nation of Canada, and the second largest number of Tim Hortons restaurants were found in the United States.

As of December 2024, Ontario had the most grocery and convenience retailers among all provinces in Canada - there were ***** grocery retailers located in Canada’s most populous province. Quebec and British Columbia ranked in second and third places, with a total of ***** and ***** retailers respectively. Yukon had just ** grocery retailers at that time. Leading supermarket and grocery chains Based on the number of units, Loblaws Companies Ltd. was the leading supermarket and grocery chain in Canada in 2018. At that time, Loblaws was operating ***** units nationally. Sobeys Inc. and Metro Inc. ranked in second and third places, with a total of ***** and *** units respectively. Loblaws was also the leading Canadian food retailer in terms of sales - in FY 2019/20 their grocery sales value amounted to approximately ***** billion Canadian dollars. Food shopping considerations According to a recent survey, quality is the most important factor that Canadian consumers consider when purchasing food products. Finding the lowest price possible and the freshness of products were also two high-ranking factors.