May 26, 2022 The restaurant industry has dramatically changed since the onset of the COVID-19 pandemic, and online ordering trends such as delivery and takeout continue to see massive growth worldwide. In Canada, off-premises consumption has experienced 27 per cent year-over-year growth in same-store orders, according to DoorDash. The delivery company and Restaurants Canada have partnered up to release the ...Read more about this post
May 24, 2022 You’ll have heard this before by now, but the pandemic has changed the restaurant industry forever. Datassential’s fourth annual Firefly 500+ restaurant report highlights many of these core shifts, such as restaurant chains focusing on key markets and unit growth rather than simply sales. The food industry market research and insights company’s Samantha Des Jardins recently ...Read more about this post
May 24, 2022 At the US National Restaurant Association Show last week, experts from Technomic offered advice on how to best tailor a menu to encompass trending flavours and combinations and appeal to consumers’ desire to try new things when dining out. Ultimately, the conclusion was that menu innovation doesn’t require a huge menu overhaul if new options ...Read more about this post
May 16, 2022 Over the past two decades, Canadian consumers have shown an increasing interest in the country’s food supply, including where their food comes from, how it is produced, the environmental impacts of that production, nutritional composition and health benefits, and more. This has only intensified during the pandemic, and a new report from Nourish Food Marketing has ...Read more about this post
May 16, 2022 Meal kits were growing in popularity before the pandemic, and sales boomed during the first year of COVID-19 with restaurants shut and diners adjusting to a different life of consumption. But it appears some Canadians have since lost their appetite for the services. A recent survey conducted by the Agri-Food Analytics Lab at Dalhousie University in partnership ...Read more about this post
May 12, 2022 By Katie Belflower At the start of the year, amid what was still significant COVID-19-related turmoil and evolving restrictions and operations, Technomic mapped out a predicted trend report for the Canadian foodservice industry. Now, five months into 2022 and after so much has changed (again) in the industry and beyond, Technomic has compared its new year predictions ...Read more about this post
May 12, 2022 Full-service menu prices in the U.S. rose 8.7 per cent in April year-over-year, according to the Bureau of Labor Statistics. That is the segment’s highest increase since data was first collected in 1997. Overall, the food away from home index rose 7.2 per cent year over year, while the price of quick-service products grew seven per ...Read more about this post
May 6, 2022 Technomic’s latest Ignite Canadian menu data report found that while the like of bowl value meals, spicy sauces, and lighter alcoholic beverages are trending strongly year over year, cheese and straight spirits have notably declined. The Ignite data noted declining overall year-over-year counts in entrees (-4 per cent), appetizers (-2 per cent), and sides (-5 per ...Read more about this post
May 5, 2022 A new survey from back-of-house restaurant management software company MarketMan has found that three-quarters of Americans believe restaurants will cut down on portion sizes as inflation continue. Responding to the survey, 74 per cent of Americans said they think operators will manage increasing food costs by cutting portion sizes while charging customers the same price, and ...Read more about this post
May 2, 2022 By Michael von Massow
The rhetoric around inflation and increasing food prices has become a point of emphasis for politicians, particularly for those in opposition to the incumbent government.
Even pundits and non-profit organizations are pressuring the government into taking specific actions on food prices. This begs the question: Should governments take steps to reduce food prices? ...Read more about this post
May 2, 2022 Plant-based proteins have many benefits, not least an often comparatively reduced toll on the planet and the environment, but does their pricing limit their accessibility? A new report has found that plant-based proteins are still generally more expensive than meat products despite the soaring cost of much meat in recent months. The Agri-Food Analytics Lab at Dalhousie University ...Read more about this post
April 22, 2022 A recent State of On-Premise webinar from Technomic highlighted how restaurants are refining their operations at the bar to boost traffic and sales as part of their pandemic recovery. In many areas, both casual dining and full-service restaurants are seeing a slow return to high volumes, and Techonomic explained how some operators are concentrating on capturing ...Read more about this post
April 21, 2022 Sustainable food is increasingly a focus of discussion for the food industry and the general public, and it seems it is top of mind for diners when it comes to ordering takeout, too. According to Deliverect data cited by Restaurant Dive, more than four in 10 (43 per cent of) diners would be willing to pay ...Read more about this post
April 21, 2022 There is no relief on the horizon for restaurants, their patrons, or grocery shoppers amid continuing high inflation and rising food prices. Statistics Canada has released its latest look at how prices have changed on a year-over-year basis, comparing March 2022 and March 2021, and it does not make for light reading. We already know that inflation ...Read more about this post
April 1, 2022 The annual Farm Credit Canada Food Report, which reviews the previous year’s industry performance, concluded that the food manufacturing sales sector held up well in 2021, rebounding significantly from 2020, and paints an optimistic picture for 2022. Noting that several external factors impacted Canadian food industries greatly in 2021, including inflation, continued COVID-19 restrictions, supply chain ...Read more about this post
