Excerpt from Fast-Food & Quick-Service Restaurants Industry Profile Companies in this industry operate restaurants in which customers order and pay at a counter. Please create an employee account to be able to mark statistics as favorites. Statista. Restaurants Canada is the largest membership organization of its kind, and the only national association that serves the unique needs of the foodservice industry. Health & Wellness. You can only download this statistic as a Premium user. In 2012, quick-service restaurants in Canada generated sales of approximately 23.11 billion Canadian dollars. In, GE Capital Franchise Finance, und Website (bigpictureconferences.ca). Latest updates; Browse for an industry. Start Now! 4.4.2 Bargaining Power of Buyers/Consumers, 6.3.1 Restaurant Brands International Inc. (Burger King Corporation), 7. Quick-service restaurants or full-service restaurants hold a prominent share in the overall food service business in Canada. GE Capital Franchise Finance, and Website (bigpictureconferences.ca). Restaurants sales accounted for $53 billion, or 80 percent, of total food service sales in Canada … Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook As a Premium user you get access to the detailed source references and background information about this statistic. As soon as this statistic is updated, you will immediately be notified via e-mail. Directly accessible data for 170 industries from 50 countries Millennials in the country are reported to add a boost to the Canada foodservice industry. The foodservice providers, such as fast food restaurants, cafés, and quick-service restaurants majorly rely on effectual marketing, advertising, and product campaigns to increase the sales and create awareness about their offerings. Thissegment accounts for more than 50% of sales in the entire restaurant sector.While Quick Service was once dominated by fast food, fast casual continues togain market share. Restaurant Brands International Inc. (Burger King Corporation), The changing demographics of the population, along with the increase in the number of health conscious millennial and boomers, have given rise to the increased demand for food products addressing the health and wellness of Canadians. Profits from the restaurant industry are expected to rise to about 15% in 2021 as dining restrictions due to the pandemic are relaxed. GE Capital Franchise Finance, & Website (bigpictureconferences.ca). The Canadian foodservice business is constantly growing, due to Canada’s economy, which is operating at full capacity. Quick service restaurants are often part of a restaurant chain such as McDonalds or KFC. May 5, 2015. Services. See reports, forecasts and other tools to help you benchmark your business results and stay on top of the latest trends. Quick Service Restaurants (QSRs) are also referred to as fast food franchises. Unmatched field service support; Technical, regulatory and food safety support; Markets Served. Companies in this industry operate restaurants and other eating places, including full-service restaurants (FSRs), quick-service restaurants (QSRs), cafeterias and buffets, and snack bars. It has cornered the Canadian market for baked goods (76%) and coffee (62% compared to Starbucks , in the number two position, at 7%). The quick service restaurant industry operates in the hundreds of billions, with steady growth year over year. Fast food restaurants, along with fast casualrestaurants, make up a segmentof the restaurant industry know as Quick Service Restaurants (QSR). Please authenticate by going to "My account" → "Administration". This category, known as food … Fast Casual. Then you will be able to mark statistics as favourites and use personal statistics alerts. and over 1 Mio. Off-Premises Menu Innovation Has Never Been More Critical . The industry is divided into three subsectors: restaurants, accommodation, and institutional foodservice. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada. (Beambox, 2020) 87% of full-service restaurants experienced an average of 36% drop in sales. CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data. To understand geography trends, Download Sample Report. Please contact us to get started with full access to dossiers, forecasts, studies and international data. A paid subscription is required for full access. Restaurants Canada is the go-to resource for leading research and valuable insights about Canada’s restaurant and foodservice industry. Thus, to sustain and succeed in this competitive environment, it is important for the vendors to distinguish their products and services through a clear and unique value proposition. ... Food packaging papers for the Quick Service Restaurant. The ideal entry-level account for individual users. You need a Single Account for unlimited access. New, Everything you need to know about the industry development, Find studies from all around the internet. This statistic is not included in your account. © 2020. Currently operating in the U.S. and in 100+ international markets, Ecolab QSR serves 225,000 quick-service restaurants … Menu prices rose by 2.6% within the food service industry in 2016, pushed upward, in part, by $15 minimum wage legislation, a 6% meal tax in Saskatchewan, and other legislative actions. We offer a wide range of cutting-edge technologies that can drive efficiencies, increase customer engagement and improve revenue. Number of McDonald's restaurants worldwide 2005-2019, Average daily rate of hotels in the U.S. 2001-2020, Global tourism industry - statistics & facts, Hotel industry worldwide - statistics & facts, Profit from additional features with an Employee Account. Explore how restaurant companies and the food service industry could maintain a firm grasp on trends to improve the bottom line and meet consumer demand. Report scope can be customized per your requirements. With the rise of GrubHub and UberEats, consumers have dived head first into the convenience offered by these new food delivery services. Quick Service Restaurants (or QSR) or fast-food restaurants generally offer limited menus with items that can be prepared quickly. Research the latest quick service restaurant trends. Please do not hesitate to contact me. Get up to speed on any industry with comprehensive intelligence that is easy to read. While Canadian foodservice operators should expect a modestly healthy 2017 in terms of growth, increasing competition and a changing consumer-spending landscape are going to prove challenging into 2018. A Brief History Of The Quick Service Restaurants QSR Most historians agree that the American company White Castle was the first fast-food outlet starting in Wichita, Kansas in 1916 with food stands and founding in 1921, selling hamburgers for five cents apiece from its inception and spawning numerous competitors and emulators. Major companies include Bloomin' Brands, Darden Restaurants, McDonald’s, Starbucks, and YUM! QSR Web Research Centers offer insights, ideas and analysis on a variety of topics, from marketing to operations to technology. This statistic shows the results of a survey conducted by Cint on fast food restaurants visited in Canada in 2018. Quick Service Software & Powerful QSR Systems. Accommodation and Food Services; Administrative … Food and drink sales of limited service restaurants in the U.S. Canada foodservice market is segmented by Type into Full-service Restaurants, Quick-service Restaurants, Self-service Restaurants, Cafes And Bars, And 100% Home Delivery And Takeaway Stores; and by Structure into Chained Restaurants and Independent Restaurants. The Global Quick Service Restaurant (QSR) IT Market research report of Services and Software industry offers an in-depth evaluation of each crucial aspect of the worldwide Quick Service Restaurant (QSR) IT industry that relates to market size, share, revenue, demand, sales volume, and development in the market. (Restaurants Canada) Sales at quick-service restaurants in Canada rose by 5.3% in 2017, which was just 0.2% lower than the sales gains experienced by full-service restaurants in the country. For instance, according to the General Social Survey, about 54% of the Canadians eat out once a week or more, due to the convenience and socializing factor. While traffic is down, dollar growth has remained in line with inflation. Fast food is often highly processed and served in bags or cartons. TORONTO, April 14, 2014 – There is a new category in the Canadian foodservice industry predicted to give quick-service and full-service restaurants (QSRs and FSRs) a run for their money. Health and Wellness Brands Find their COVID-19 Purpose. The quick-service restaurants can be further bifurcated into street stalls/ kiosks, and fast food centers. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. The Canadian foodservice business is constantly growing, due to Canada’s economy, which is operating at full capacity. Major companies include US-based Chipotle Mexican Grill, McDonald's, Wendy's, and Yum Brands (KFC, Pizza Hut, Taco Bell), as well as Café de Coral (Hong Kong), Greggs (UK), Restaurant Brands International (Canada), and Seven … (May 5, 2015). Pre cooked items are closely monitored for freshness and holding time. Similarly, Tim Hortons restaurants in Canada reached to 3,802 in 2016, while there were about 3,436 in 2012. Customers typically order and pay at acounter or window, and then take food ou… In that year, the brand value of Starbucks amounted to 25.78 billion U.S. dollars. According to the USDA, the United States dominates the Canadian market for imported prepared food products with 86% of the total market. facts. Are you interested in testing our corporate solutions? The food is often prepared at a central supply facility and then shipped to individual locations where they are cooked quickly in response to incoming orders. All Rights Reserved to Mordor Intelligence. Between 2018 and 2022, Ontario and British Columbia are forecast to lead the country with the fastest foodservice sales growth. Here’s a quick look at how technology trends are changing the restaurant industry these days: 8. These three conflicts — minimum wage increases, elevated offerings at quick-service restaurants, and digital ordering — nicely capture how the Canadian foodservice marketplace is changing. Corporate solution including all features. QSR magazine | 25,745 followers on LinkedIn. Tim Hortons Inc. is Canada's largest quick-service restaurant chain, specialized in coffee and donut items. It is the fourth largest publicly traded quick-service restaurant chain in North America based on market capitalization, and the largest in Canada. (2015). Panasonic is one strategic partner, at your service. Find industry analysis, statistics, trends, data and forecasts on Fast Food Restaurants in Canada from IBISWorld. Brands, one of the largest foodservice provider in Canada, with popular brands, such as KFC, and Pizza Hut, is embarking on huge expansion plans across the country, in order to effectively penetrate its presence in targeted cities, such as Toronto, Vancouver, Calgary, Montreal, Halifax, Ottawa, Edmonton, and many more. Find restaurant equipment and suppliers. These are the most recognizable types of franchises in the industry, thanks to the popularity of brands such as McDonald's, Burger King, and Subway. By structure, the market is segmented into chained restaurants and independent restaurants. New, Figures and insights about the advertising and media world, Industry Outlook (Restaurants Canada) #13. Canada foodservice market is segmented by type into full-service restaurants, quick-service restaurants, self-service restaurants, cafes and bars, and 100% home delivery and takeaway stores. According to a recent Conference Board of Canada study, Canadian Industrial Outlook: Canada’s Food Services Industry, an increasingly competitive restaurant landscape and … Moreover, there were 3,240 subway stores in Canada in 2017, whereas in there were around 2,815 stores. Sales of quick-service restaurants in Canada from 2010 to 2015 (in billion Canadian dollars) [Graph]. However, QSRs are arguably in the best position to handle the sudden influx of off-premise traffic. Industry Overview: Restaurants | Small Business Accelerator Profit from additional features by authenticating your Admin account. To understand key trends, Download Sample Report. The restaurants themselves are known to have a consistent, simple look, feeland even music in each location. The leading source of news and information about the $300 billion limited-service restaurant industry. Over the past three years, Canadian food spend has increasingly gone to restaurants, bars, and other dining establishments. McDonald's Happy Meals are Still Getting Healthier. QSR franchises are categorized by their functionality, commonly featuring limited menu items with a focus on one type of item (i.e. This statistic shows the sales of quick-service restaurants in Canada from 2010 to 2015. Lighter, Modern Packaging for Improved Food Delivery. This feature is limited to our corporate solutions. The branding leader right now is McDonald’s…by a long shot. Canada’s Emerging “Fast Casual” Category Competes with Quick-Service and Sit Down Full-Service Restaurants. Register in seconds and access exclusive features. Canada foodservice market is anticipated to reach USD 85.54 billion by 2024, witnessing a CAGR of 4% during the forecast period (2020 - 2025). The Canadian national restaurant industry group has projected 2018 growth rate at 4.3 percent. Learn more about how Statista can support your business. (NRA COVID-19 Restaurant Impact Survey V, 2020) (Moody’s, 2020) On average, restaurants gain 3 % to 5% profit margins. Yum! The U.S. fast food industry is growing owing to factors such as rise in the fast casual dining restaurants, introduction of new products in the menu, and value meal deals by the fast food and quick-service restaurants. Enter a keyword or NAICS code. GE Capital Franchise Finance, Website (bigpictureconferences.ca). By 2022, quick-service restaurants are expected to remain the largest segment in the foodservice industry, although full-service restaurants should be a close second. The QSR segment has been one of the most consistent and robust areas of the Canadian restaurant industry for more than a decade. What's New. Quick-service restaurants or full-service restaurants hold a prominent share in the overall food service business in Canada. Click here. State of the Canadian Foodservice Industry. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. Deloitte identifies restaurant industry trends and performs food service industry analysis to help companies improve their bottom line and meet consumer demand. Full-service restaurants are growing with the fastest growth rate. Millennials in the country are reported to add a boost to the Canada foodservice industry. MARKET OPPORTUNITIES AND FUTURE TRENDS, Nanakramguda Rd, Financial District, Gachibowli. Chart. Then you can access your favorite statistics via the star in the header. As a Premium user you get access to background information and details about the release of this statistic. The market is primarily driven by the increasing frequency of dining out, as well as time-pressed schedules and the growing influence of cross-culture dietary patterns, due to the strong presence of the international companies. When was the last time you visited a quick-service chain, a sit-down restaurant, or a supermarket? The global Quick Service Restaurant IT market is valued at million USD in 2018 and is expected to reach million USD by the end of 2024, growing at a CAGR of between 2019 and 2024. The growing concerns with obesity and other health issues, such as food allergies and sensitivities, created opportunities for chained restaurants that can deliver fresh and natural food solutions. Both, the global, as well as local players, are gaining popularity and continue to expand in the country. The major players in the market include McDonald's Corp., Burger King Corporation, and Starbucks Corporation among others. Canada foodservice industry is highly fragmented due to the substantial number of small, independent single-location restaurants that operate in the market. The companies, such as McDonald’s and Starbucks Corporation, are also undertaking expansion plans, rolling out innovative menus, and enhancing their portfolio, in order to gain a stronghold in this lucrative market. See where the Fast-Food & Quick-Service Restaurants industry is concentrated geographically and research companies by financials and key corporate data. Around the corner or around the globe, we're there for our customers and their guests. Statistics show the brand value of the most valuable QSR brands worldwide in 2014. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Most valuable QSR brands worldwide in 2020, Revenue of Burger King worldwide 2004-2019, Number of Tim Hortons restaurants in North America 2007-2019, by country, Number of Burger King restaurants worldwide 2009-2019. The COVID-19 pandemic hit the restaurant industry hard, forcing restaurants to ban dine-in traffic across nearly all US states and shift toward takeout and delivery. If you know us mostly for our POS systems, take a closer look. You need at least a Single Account to use this feature. Depending on your answer, it may or may not come as a surprise to you that total traffic to the Canadian commercial foodservice marketplace was flat this last year versus the year before. Fast-Food & Quick-Service Restaurants Companies in this Country/Region: United States (147,378) United Kingdom (43,163) Germany (17,220) Canada (12,787) Mexico (10,316) Austria (8,503) Netherlands (7,698) Belgium … ", GE Capital Franchise Finance & Website (bigpictureconferences.ca), Sales of quick-service restaurants in Canada from 2010 to 2015 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/323626/sales-of-quick-service-restaurants-in-canada/ (last visited March 09, 2021), Sales of quick-service restaurants in Canada from 2010 to 2015, Consumer spending in the quick service restaurant sector in the U.S. 2004-2019, Output of the quick service restaurant franchise industry in the U.S. 2007-2020, Number of quick service restaurant franchise establishments in the U.S. 2007-2020, Sales of leading quick service restaurant chains in the U.S. in 2019, Revenue of Restaurant Brands International 2011-2019, Revenue of Restaurant Brands International 2015-2019, by segment, Restaurant Brands International operating costs and expenses 2015-2019, by type, Operating income of Restaurant Brands International 2011-2019, Restaurant Brands International net income 2011-2019, Total assets of Restaurant Brands International 2011-2019, Ad spend of Restaurant Brands International 2013-2019, Restaurant Brands International employees worldwide 2014-2019, Number of Restaurant Brands International restaurants worldwide 2014-2019, by brand, Restaurant Brands International restaurants worldwide, by brand and ownership 2019, Restaurant Brands International system-wide sales worldwide 2015-2019, by brand, Revenue of Burger King worldwide 2007-2019, by segment, Net income of Burger King worldwide 2014-2019, Total assets of Burger King worldwide 2010-2019, Sales of foodservices in Canada 2010-2015, by sector, Sales of commercial foodservices in Canada 2008-2015, by province, Sales growth of B2B foodservice products in North America 2020, by category, Sales growth of B2B foodservice products in North America 2020, by region, Sales of full-service restaurants in Canada 2010-2015, Commercial foodservice equipment sales growth by region North America 2020, Foodservice equipment dealer sales distribution in North America 2015, by category, Retail sales in the foodservice industry in Canada 2019, by venue segment, Sales of contract and social caterers in Canada 2010-2015, Sales of drinking places in Canada by month 2018-2020, Number of chained restaurants foodservice sector UAE 2015-2018 by outlet, Sales of retail foodservices in Canada 2010-2015, Food sales value transportation sector HRI market Japan 2011-2017, Hotel chain food and beverage sales Japan 2016-2017, Sales value of foodservice sector United Arab Emirates 2018-2022 by subsector, Sales value accommodation foodservice sector United Arab Emirates 2018-2022 by outlet, Sales value of restaurants foodservice sector UAE 2018-2022 by outlet, Sales value chain franchises foodservice sector UAE 2018-2022 by subsector, Sales of institutional foodservices in Canada 2010-2015, Institutional food service market size in Japan 2010-2019, Sales of quick-service restaurants in Canada from 2010 to 2015 (in billion Canadian dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Sales figures for full service restaurants. 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