Industry Analysis & Industry Trends
Industry revenue took a hit over the past five years due to low consumer confidence. As consumers cut back on discretionary spending, quick-service restaurants have outperformed full-service restaurants. Nevertheless, the industry is expected to perform better over the five years to 2020, as an improving Canadian economy and strengthening consumer sentiment bolster industry demand... purchase to read more
Industry Report - Industry Products Chapter
The Full-Service Restaurants industry is segmented based on the main type of food served. Furthermore, because of the diverse and fragmented nature of the industry, many restaurants do not fit neatly into one category. For example, many Asian restaurants and steakhouses have a large component of seafood on their menus. Also, fusion cuisine, which combines elements of different culinary traditions, has also become increasingly popular. Nevertheless, IBISWorld has segmented restaurants based on their core offering.
Licenced restaurants typically earn between 20.0% and 30.0% of the check value through sales of alcoholic beverages. Desserts also usually account for between 10.0% and 20.0% of the check value for those restaurants that do not specialize in dessert menus... purchase to read more