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Inflation, ongoing consumer demand and early stages of tech integration took over the fast food industry this past year. As Wall Street looks to 2023, it expects those key trends and others to ...
Tastewise, an AI company that partners with food and beverage companies, released a trend report revealing the top 10 consumption trends for the culinary industry in 2025 and they anticipate that ...
The Australian fast food market is valued at more than 2.7 billion GPB and is composed of 1.4 billion fast food meals. This includes meals serviced at 17,000 fast food outlets. The fast food market has experienced an average annual growth rate of 6.5 percent, which is the most rapidly growing sector of the retail food market. [42]
The fast-food industry is popular in the United States, the source of most of its innovation, and many major international chains are based there. Seen as symbols of US dominance and perceived cultural imperialism, American fast-food franchises have often been the target of Anti-globalization protests and demonstrations against the US government.
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The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
UBS: Online food delivery market will grow from $35 billion globally today to $365 billion by 2030. The growth will be fueled by the rise of online grocery shopping, meal prep kits, and online ...
But the real talking point was the impact that virtual cashiers could have on the fast-food industry. ... “If it displaces workers, especially in the local labor market, from the jobs that were ...