Canada Foodservice Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis

The food services market defines those businesses, institutions, and companies responsible for any meal prepared outside the home. Over the years, the fast-food industry in Canada has revolutionized in size. In addition, the Canadian foodservice industry has also grappled with consumer preferences growing with the rapid rise of fast food consumption. Wherein the millennials and generation Zers are prodigious are the major fast-food spenders in the industry. The food sector traditionally includes food and beverages items; however, with the evolution of time, plant-based products have also been added to the food list. According to the publisher, Canada Food Service Market will be US$ 102.98 Billion by 2027.

Canada Food Service Industry – Market Drivers & Growth Trends:

The strong growth in the Canadian economy and high levels of consumer confidence is acting as significant market driver for industry operators. Besides, consumers are more willing to spend on discretionary products and services, such as fast food, when they feel confident about their finances, and the condition of the overall economy is also trending the market growth.

Further, with more access to technology, changes in legislation and increasing competition in the marketplace, consumers will begin to become better versed in understanding the ingredients in foods used in the industry, moving more conveniently towards fast food options. Our research findings state that Canada Restaurant Industry will grow with a nominal CAGR of 1.50% during 2021-2027.

Canada Foodservice Market Size was US$ 94.19 Billion in 2021:

The Canadian fast food industry is segmented into quick-service restaurants, full-service restaurants, caterers and drinking places. Full-service restaurant markets are growing with high growth rates. Besides, quick-service restaurants also hold a prominent share in the overall fast-food business in Canada. The relatable expansion of the Canadian foodservice business is constantly supported by Canada's economy, operating at total capacity. Incrementally raising wages has propelled wherein fast food spending, population growth, the wealth effect from the highest housing prices in Canada, an increase in tourism, and a strong economy boost the Canadian restaurant industry.

Provincial Outlook – Canada Foodservice Market:

The fast-food industry is embarking on a substantial expansion plans across Canada to effectively penetrate its presence in targeted provinces, such as Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.

Ontario, Quebec and British Columbia lead in foodservice market growth throughout while Newfoundland and Alberta struggle to gain ground in the industry. With moderation from the significant increases in recent years, Ontario is among Canada's fastest restaurant market growth due to a growing population and healthy job creation numbers. Hence as per our analysis, Ontario's foodservice industry will keep leading the fast-food seemingly healthy throughout the forecasted period.

On the other hand, Quebec's fast food industry boasted average annual market growth year on year over the past years. Growth was propelled by the active consumer, business, and tourist spending at restaurants and drinking places. Similarly, over the years, the fast-food market in British Columbia has also increased amongst the highest growth figure in Canada.

COVID-19 Impact on Canada’s Foodservice Market:

The overall fast-food business has had a definite impact with the COVID-19 outbreak, with various segments being affected in varying degrees in Canada. Fast-food operators and caterers are on the front line of rising inflation. Moreover, dine-in was the worst-hit segment in a restaurant, mainly due to the travel restrictions and a general avoidance of people getting into a more extensive gathering amidst pandemic. In addition, post-recovery from the pandemic, we expect the fast-food business to perform slightly better with the infrastructure to accommodate the consumers' demand.

Competitive Landscape:

Canada's foodservice industry is extremely competitive due to the abundant number of independent, small, single-location restaurants that operate in the market. The major players in the market include Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., The Wendys Co. and Performance Food Group. As per our analysis, these players have gained popularity and will continue to expand in Canada.

Further, the players are also undertaking expansion plans, rolling out innovative menus, and enhancing their portfolios to gain a firm foothold in this fruitful market. For instance, in the year 2020, company Tim Hortons has introduced three types of Dream Donuts all over Canada. The three varieties include the Strawberry Confetti, Dulce de Leche Crème, and Chocolate Truffle.

This report “Canada Foodservice Market, Forecast By Restaurant Type (Quick Service Restaurants, Full Service Restaurants, Caterers and Drinking Places), Province (Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia), Traffic (Full Service Restaurants (Morning Meal, Lunch, Supper and PM Snack) and Quick Service Restaurants (Morning Meal, Lunch, Supper and PM Snack), Food Items (French Fries, Potato, Sweet Potato, Onion Rings, Breakfast Item, Burger, Sandwich, Subs, Chicken, Breads, Salad, Pizza, Panzerotti, Calzone, Cakes, Squares, Muffins and Vegetarian Item (Incl Eggs/Dairy)), Beverage Items (Coffee, Carbonated Soft Drink, Pop, Soda, Water (includes tap water), Hot Tea, Alcoholic Beverages, Fruit Juice, Iced Tea, Milkshakes, Smoothies, Milk and Hot Chocolate), Plant-Based Products (Plant-based burgers and sausagesm, Non-alcoholic beer or wine, Lab-based “motherless” meat and Insects), Average Check Size – Per Person (Quick Service Restaurants, Full Service Restaurants (Midscale Dining, Casual Dining and Fine Dining) and Retail Foodservice), Channel (Delivery, Takeout, Drive Thru and Dine In), Operating Ratios (Cost of Sales, Salaries & Wages, Repair & Maintenance, Rental & Leasing, Utilities, Advertising, Depreciation, Other and Pre-Tax Profit, Companies (Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., The Wendys Co. and Performance Food Group)” provides a detailed analysis of Canada Food Service Industry.

Restaurant Type – Canada Foodservice Market has been covered from 4 viewpoints:

1. Commercial
1.1 Quick Service Restraunt
1.2 Full Service Restaurant
1.3 Caterers
1.4 Drinking Place
2. Non-Commercial

Province – Canada Foodservice Market has been covered from 10 viewpoints:

1 Newfoundland & Labrador
2 Prince Edward Island
3 Nova Scotia
4 New Brunswick
5 Atlantic Region
6 Quebec
7 Ontario
8 Manitoba
9 Saskatchewan
10 Alberta
11 British Columbia

Traffic – Canada Foodservice Market has been covered from 4 viewpoints:

1. Full Service Restaurants

Morning Meal
Lunch
Supper
PM Snack

2. Quick Service Restaurants

Morning Meal
Lunch
Supper
PM Snack

Food Items – Canada Foodservice Market has been covered from 10 viewpoints:

1. French Fries, Potato, Sweet Potato, Onion Rings
2. Breakfast
3. Burger
4. Sandwich, Subs
5. Chicken
6. Pizza, Panzerotti, Calzone
7. Salad
8. Breads
9. Cakes, Squares, Muffins
10. Vegetarian Item (Incl Eggs/Dairy)
11. Others

Beverage Items – Canada Foodservice Market has been covered from 10 viewpoints:

1. Coffee
2. Carbonated Soft Drink, Pop, Soda
3. Hot Tea
4. Fruit Juice
5. Hot Chocolate
6. Iced Tea
7. Milkshakes, Smoothies
8. Water (includes tap water)
9. Milk
10. Alcoholic Beverage
11. Other

Average Check Size – Per Person In Canada Foodservice Market has been covered from 3 viewpoints:

1. Quick Service Restaurants
2. Full Service Restaurants

Midscale Dining
Casual Dining
Fine Dining

3. Retail Foodservice

Channel – Canada Foodservice Market has been covered from 4 viewpoints:

1. Quick Service Restaurants
1.1 Delivery
1.2 Takeout
1.3 Drive Thru
1.4 Dine In

2. Full Service Restaurants
2.1 Delivery
2.2 Takeout
2.3 Drive Thru
2.4 Dine In

Operating Ratios – Canada Foodservice Market has been covered from 9 viewpoints:

1. Cost of Sales
2. Salaries & Wages
3. Repair & Maintenance
4. Rental & Leasing
5. Utilities
6. Advertising
7. Depreciation
8. Other
9. Pre-Tax Profit

Company Analysis:

Overview
Recent Development
Revenue

Companies Covered:

1. Starbucks Corp.
2. Papa John's International Inc.
3. Domino's Pizza Inc.
4. The Wendys Co.
5. Performance Food Group

Frequently Asked Questions about the Canadian Foodservice Market

What is the estimated value of the Canadian Foodservice Market?

The Canadian Foodservice Market was estimated to be valued at $94.19 Billion in 2021.

What is the growth rate of the Canadian Foodservice Market?

The growth rate of the Canadian Foodservice Market is 1.5%, with an estimated value of $102.98 Billion by 2027.

What is the forecasted size of the Canadian Foodservice Market?

The Canadian Foodservice Market is estimated to be worth $102.98 Billion by 2027.

Who are the key companies in the Canadian Foodservice Market?

Key companies in the Canadian Foodservice Market include Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., The Wendys Co. and Performance Food Group.

Report Attribute	Details
No. of Pages	285
Published	November 2021
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	$ 94.19 Billion
Forecasted Market Value ( USD ) by 2027	$ 102.98 Billion
Compound Annual Growth Rate	1.5%
Regions Covered	Canada
No. of Companies Mentioned	5

1. Introduction2. Research & Methodology3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers
4.2 Challenges

5. Canada Food Service Market

6. Canada Food Service Market -Share Analysis

6.1 By Restaurants Type
6.2 By Province
6.3 By Traffic
6.4 By Food Items
6.5 By Beverage Items
6.6 By Plant-Based Products
6.7 By Operating Ratio

7. Canada Food Service Market - By Restaurants Type

7.1 Commercial
7.1.1 Quick Service Restraunt
7.1.2 Full Service Restaurant
7.1.3 Caterers
7.1.4 Drinking Place
7.2 Non-Commercial

8. Canada Food Service Market - By Province

8.1 Newfoundland & Labrador
8.2 Prince Edward Island
8.3 Nova Scotia
8.4 New Brunswick
8.5 Atlantic Region
8.6 Quebec
8.7 Ontario
8.8 Manitoba
8.9 Saskatchewan
8.10 Alberta
8.11 British Columbia

9. Canada Food Service Market - By Traffic

9.1 Full Service Restaurants
9.1.1 Morning Meal
9.1.2 Lunch
9.1.3 Supper
9.1.4 PM Snack
9.2 Quick Service Restaurants
9.2.1 Morning Meal
9.2.2 Lunch
9.2.3 Supper
9.2.4 PM Snack

10. Canada Food Service Market - By Food Items

10.1 French Fries, Potato, Sweet Potato, Onion Rings
10.2 Breakfast
10.3 Burger
10.4 Sandwich, Subs
10.5 Chicken
10.6 Pizza, Panzerotti, Calzone
10.7 Salad
10.8 Breads
10.9 Cakes, Squares, Muffins
10.10 Vegetarian Item (Incl Eggs/Dairy)
10.11 Others

11. Canada Food Service Market - By Beverage Items

11.1 Coffee
11.2 Carbonated Soft Drink, Pop, Soda
11.3 Hot Tea
11.4 Fruit Juice
11.5 Hot Chocolate
11.6 Iced Tea
11.7 Milkshakes, Smoothies
11.8 Water (includes tap water)
11.9 Milk
11.10 Alcoholic Beverage
11.11 Others

12. Canada Food Service Market - By Average Check Size

12.1 Quick Service Restaurants
12.2 Full Service Restaurants
12.2.1 Midscale Dining
12.2.2 Casual Dining
12.2.3 Fine Dining
12.3 Retail Foodservice

13. Canada Food Service Market - By Channel

13.1 Quick Service Restaurants
13.1.1 Delivery
13.1.2 Takeout
13.1.3 Drive Thru
13.1.4 Dine In
13.2 Full Service Restaurants
13.2.1 Delivery
13.2.2 Takeout
13.2.3 Drive Thru
13.2.4 Dine In

14. Canada Food Service Market - Operating Ratios

14.1 Cost of Sales
14.2 Salaries & Wages
14.3 Repair & Maintenance
14.4 Rental & Leasing
14.5 Utilities
14.6 Advertising
14.7 Depreciation
14.8 Pre-Tax Profit
14.9 Other Operating Ratios

15. Key Players

15.1 Starbucks Corp.
15.1.1 Overview
15.1.2 Recent Development
15.1.3 Revenue
15.2 Papa John's International Inc.
15.2.1 Overview
15.2.2 Recent Development
15.2.3 Revenue
15.3 Domino's Pizza Inc.
15.3.1 Overview
15.3.2 Recent Development
15.3.3 Revenue
15.4 The Wendys Co.
15.4.1 Overview
15.4.2 Recent Development
15.4.3 Revenue
15.5 Performance Food Group
15.5.1 Overview
15.5.2 Recent Development
15.5.3 Revenue

List Of Figures:

Figure-01: Canada Food Service Market (Million US$), 2017 – 2021
Figure-02: Forecast for – Canada Food Service Market (Million US$), 2022 – 2027
Figure-03: Restaurants Type – Commercial Market (Million US$), 2017 – 2021
Figure-04: Restaurants Type – Forecast for Commercial Market (Million US$), 2022 – 2027
Figure-05: Restaurants Type – Commercial Quick Service Restraunt Market (Million US$), 2017 – 2021
Figure-06: Restaurants Type – Forecast for Commercial Quick Service Restraunt Market (Million US$), 2022 – 2027
Figure-07: Restaurants Type – Commercial Full Service Restaurant Market (Million US$), 2017 – 2021
Figure-08: Restaurants Type – Forecast for Commercial Full Service Restaurant Market (Million US$), 2022 – 2027
Figure-09: Restaurants Type – Commercial Caterers Market (Million US$), 2017 – 2021
Figure-10: Restaurants Type – Forecast for Commercial Caterers Market (Million US$), 2022 – 2027
Figure-11: Restaurants Type – Commercial Drinking Place Market (Million US$), 2017 – 2021
Figure-12: Restaurants Type – Forecast for Commercial Drinking Place Market (Million US$), 2022 – 2027
Figure-13: Restaurants Type – Non-Commercial Market (Million US$), 2017 – 2021
Figure-14: Restaurants Type – Forecast for Non-Commercial Market (Million US$), 2022 – 2027
Figure-15: Province – Newfoundland & Labrador Market (Million US$), 2017 – 2021
Figure-16: Province – Forecast for Newfoundland & Labrador Market (Million US$), 2022 – 2027
Figure-17: Province – Prince Edward Island Market (Million US$), 2017 – 2021
Figure-18: Province – Forecast for Prince Edward Island Market (Million US$), 2022 – 2027
Figure-19: Province – Nova Scotia Market (Million US$), 2017 – 2021
Figure-20: Province – Forecast for Nova Scotia Market (Million US$), 2022 – 2027
Figure-21: Province – New Brunswick Market (Million US$), 2017 – 2021
Figure-22: Province – Forecast for New Brunswick Market (Million US$), 2022 – 2027
Figure-23: Province – Atlantic Region Market (Million US$), 2017 – 2021
Figure-24: Province – Forecast for Atlantic Region Market (Million US$), 2022 – 2027
Figure-25: Province – Quebec Market (Million US$), 2017 – 2021
Figure-26: Province – Forecast for Quebec Market (Million US$), 2022 – 2027
Figure-27: Province – Ontario Market (Million US$), 2017 – 2021
Figure-28: Province – Forecast for Ontario Market (Million US$), 2022 – 2027
Figure-29: Province – Manitoba Market (Million US$), 2017 – 2021
Figure-30: Province – Forecast for Manitoba Market (Million US$), 2022 – 2027
Figure-31: Province – Saskatchewan Market (Million US$), 2017 – 2021
Figure-32: Province – Forecast for Saskatchewan Market (Million US$), 2022 – 2027
Figure-33: Province – Alberta Market (Million US$), 2017 – 2021
Figure-34: Province – Forecast for Alberta Market (Million US$), 2022 – 2027
Figure-35: Province – British Columbia Market (Million US$), 2017 – 2021
Figure-36: Province – Forecast for British Columbia Market (Million US$), 2022 – 2027
Figure-37: Traffic – Full Service Restaurants Morning Meal Market (Million US$), 2018 – 2020
Figure-38: Traffic – Forecast for Full Service Restaurants Lunch Market (Million US$), 2018 – 2020
Figure-39: Traffic – Full Service Restaurants Supper Market (Million US$), 2018 – 2020
Figure-40: Traffic – Forecast for Full Service Restaurants PM Snack Market (Million US$), 2018 – 2020
Figure-41: Traffic – Quick Service Restaurants PM Snack Market (Million US$), 2018 – 2020
Figure-42: Traffic – Forecast for Quick Service Restaurants Morning Meal Market (Million US$), 2018 – 2020
Figure-43: Traffic – Quick Service Restaurants Lunch Market (Million US$), 2018 – 2020
Figure-44: Traffic – Forecast for Quick Service Restaurants Supper Market (Million US$), 2018 – 2020
Figure-45: Food Items – French Fries, Potato, Sweet Potato, Onion Rings Market (Million US$), 2017 – 2020
Figure-46: Food Items – Forecast for Breakfast Market (Million US$), 2017 – 2020
Figure-47: Food Items – Burger Market (Million US$), 2017 – 2020
Figure-48: Food Items – Forecast for Sandwich, Subs Market (Million US$), 2017 – 2020
Figure-49: Food Items – Chicken Market (Million US$), 2017 – 2020
Figure-50: Food Items – Forecast for Pizza, Panzerotti, Calzone Market (Million US$), 2017 – 2020
Figure-51: Food Items – Salad Market (Million US$), 2017 – 2020
Figure-52: Food Items – Forecast for Breads Market (Million US$), 2017 – 2020
Figure-53: Food Items – Cakes, Squares, Muffins Market (Million US$), 2017 – 2020
Figure-54: Food Items – Forecast for Vegetarian Item (Incl Eggs/Dairy) Market (Million US$), 2017 – 2020
Figure-55: Food Items – Others Market (Million US$), 2017 – 2020
Figure-56: Beverage Items – Forecast for Coffee Market (Million US$), 2017 – 2020
Figure-57: Beverage Items – Carbonated Soft Drink, Pop, Soda Market (Million US$), 2017 – 2020
Figure-58: Beverage Items – Forecast for Hot Tea Market (Million US$), 2017 – 2020
Figure-59: Beverage Items – Fruit Juice Market (Million US$), 2017 – 2020
Figure-60: Beverage Items – Forecast for Hot Chocolate Market (Million US$), 2017 – 2020
Figure-61: Beverage Items – Iced Tea Market (Million US$), 2017 – 2020
Figure-62: Beverage Items – Forecast for Milkshakes, Smoothies Market (Million US$), 2017 – 2020
Figure-63: Beverage Items – Water (includes tap water) Market (Million US$), 2017 – 2020
Figure-64: Beverage Items – Forecast for Milk Market (Million US$), 2017 – 2020
Figure-65: Beverage Items – Alcoholic Beverage Market (Million US$), 2017 – 2020
Figure-66: Beverage Items – Forecast for Others Market (Million US$), 2017 – 2020
Figure-67: Average Check Size – Quick Service Restaurants Market (Million US$), 2017 – 2021
Figure-68: Average Check Size – Forecast for Quick Service Restaurants Market (Million US$), 2022 – 2027
Figure-69: Average Check Size – Full Service Restaurants Market (Million US$), 2017 – 2021
Figure-70: Average Check Size – Forecast for Full Service Restaurants Market (Million US$), 2022 – 2027
Figure-71: Average Check Size – Midscale Dining Market (Million US$), 2017 – 2021
Figure-72: Average Check Size – Forecast for Midscale Dining Market (Million US$), 2022 – 2027
Figure-73: Average Check Size – Casual Dining Market (Million US$), 2017 – 2021
Figure-74: Average Check Size – Forecast for Casual Dining Market (Million US$), 2022 – 2027
Figure-75: Average Check Size – Fine Dining Market (Million US$), 2017 – 2021
Figure-76: Average Check Size – Forecast for Fine Dining Market (Million US$), 2022 – 2027
Figure-77: Average Check Size – Retail Foodservice Market (Million US$), 2017 – 2021
Figure-78: Average Check Size – Forecast for Retail Foodservice Market (Million US$), 2022 – 2027
Figure-79: Average Check Size – Total Food Service Market (Million US$), 2017 – 2021
Figure-80: Average Check Size – Forecast for Total Food Service Market (Million US$), 2022 – 2027
Figure-81: Channel – Quick Service Restaurants Delivery Market (Million US$), 2018 – 2020
Figure-82: Channel – Forecast for Quick Service Restaurants Takeout Market (Million US$), 2018 – 2020
Figure-83: Channel – Quick Service Restaurants Drive Thru Market (Million US$), 2018 – 2020
Figure-84: Channel – Forecast for Quick Service Restaurants Dine In Market (Million US$), 2018 – 2020
Figure-85: Channel – Full Service Restaurants Delivery Market (Million US$), 2018 – 2020
Figure-86: Channel – Forecast for Full Service Restaurants Takeout Market (Million US$), 2018 – 2020
Figure-87: Channel – Full Service Restaurants Drive Thru Market (Million US$), 2018 – 2020
Figure-88: Channel – Forecast for Full Service Restaurants Dine In Market (Million US$), 2018 – 2020
Figure-89: Operating Ratios – Cost of Sales Market (Million US$), 2017 – 2021
Figure-90: Operating Ratios – Forecast for Cost of Sales Market (Million US$), 2022 – 2027
Figure-91: Operating Ratios – Salaries & Wages Market (Million US$), 2017 – 2021
Figure-92: Operating Ratios – Forecast for Salaries & Wages Market (Million US$), 2022 – 2027
Figure-93: Operating Ratios – Repair & Maintenance Market (Million US$), 2017 – 2021
Figure-94: Operating Ratios – Forecast for Repair & Maintenance Market (Million US$), 2022 – 2027
Figure-95: Operating Ratios – Rental & Leasing Market (Million US$), 2017 – 2021
Figure-96: Operating Ratios – Forecast for Rental & Leasing Market (Million US$), 2022 – 2027
Figure-97: Operating Ratios – Utilities Market (Million US$), 2017 – 2021
Figure-98: Operating Ratios – Forecast for Utilities Market (Million US$), 2022 – 2027
Figure-99: Operating Ratios – Advertising Market (Million US$), 2017 – 2021
Figure-100: Operating Ratios – Forecast for Advertising Market (Million US$), 2022 – 2027
Figure-101: Operating Ratios – Depreciation Market (Million US$), 2017 – 2021
Figure-102: Operating Ratios – Forecast for Depreciation Market (Million US$), 2022 – 2027
Figure-103: Operating Ratios – Pre-Tax Profit Market (Million US$), 2017 – 2021
Figure-104: Operating Ratios – Forecast for Pre-Tax Profit Market (Million US$), 2022 – 2027
Figure-105: Operating Ratios – Other Operating Ratios Market (Million US$), 2017 – 2021
Figure-106: Operating Ratios – Forecast for Other Operating Ratios Market (Million US$), 2022 – 2027
Figure-107: Starbucks Corp. – Global Revenue Market (Million US$), 2017 – 2021
Figure-108: Starbucks Corp. – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-109: Papa John's International Inc. – Global Revenue Market (Million US$), 2017 – 2021
Figure-110: Papa John's International Inc. – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-111: Domino's Pizza Inc. – Global Revenue Market (Million US$), 2017 – 2021
Figure-112: Domino's Pizza Inc. – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-113: The Wendys Co. – Global Revenue Market (Million US$), 2017 – 2021
Figure-114: The Wendys Co. – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-115: Performance Food Group Company – Global Revenue Market (Million US$), 2017 – 2021
Figure-116: Performance Food Group Company – Forecast for Global Revenue Market (Million US$), 2022 – 2027

List of Tables:

Table-01: Canada – Food Service Market Share by Restaurants Type (Percent), 2017 – 2021
Table-02: Canada – Forecast for Food Service Market Share by Restaurants Type (Percent), 2022 – 2027
Table-03: Canada – Food Service Market Share by Province (Percent), 2017 – 2021
Table-04: Canada – Forecast for Food Service Market Share by Province (Percent), 2022 – 2027
Table-05: Canada – Food Service Market Share by Traffic (Percent), 2018 – 2020
Table-06: Canada – Food Service Market Share by Food Items (Percent), 2017 – 2020
Table-07: Canada – Food Service Market Share by Beverage Items (Percent), 2017 – 2020
Table-08: Canada – Food Service Market Share by Plant-Based Products (Percent), 2020
Table-09: Canada – Food Service Market Share by Operating Ratio (Percent), 2017 – 2021
Table-10: Canada – Forecast for Food Service Market Share by Operating Ratio (Percent), 2022 – 2027

Companies Mentioned

Starbucks Corp.
Papa John's International Inc.
Domino's Pizza Inc.
The Wendys Co.
Performance Food Group

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

Validates and improves the data quality and strengthens research proceeds
Further develop the analyst team’s market understanding and expertise
Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

Chief executives and VPs of leading corporations specific to the industry
Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Patent and regulatory databases for understanding of technical & legal developments
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic new articles, webcasts, and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts

LOADING...