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 Key Buyers Chapter
The industry has a low level of market share concentration since the majority of restaurants are independent, small- to medium- sized operations. Furthermore, because many of the industry's enterprises are family run businesses, there are also a low number of enterprises that have more than one location.
In 2015 the industry's top four players are estimated to account for 15.7% of industry revenue. This increase in concentration is largely due to the growing prominence of chain restaurants within the industry. The franchise business model, whereby the capital and business risk is taken on by an independent franchisee, and the supply chain systems, marketing and operational procedures are already in place, allows chains to expand rapidly in comparison with independent restaurants... purchase to read more