Order up: A rebound in corporate profit will bolster industry revenue

The Full-Service Restaurants industry in Canada has exhibited strong growth over the five years to 2019. However, quick-service restaurants have outperformed full-service restaurants due to their more affordable prices and superior product development. Moreover, many operators have been put under pressure by rising food prices, which have negatively affected profit margins. The industry is highly fragmented due to the substantial number of small, independent single-location restaurants that operate in the market. The industry's stable revenue growth is expected to continue over the five years to 2024 as the Canadian economy continues to expand...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • The industry is highly fragmented due to the substantial number of small, independent single-location restaurants in the market
  • Rising labour costs have negatively affected profit margins
  • Unequal economic growth has assisted the industry
  • Industry Report - Industry SWOT Analysis Chapter

    The Full-Service Restaurants industry in Canada is in the mature phase of its life cycle. The industry is currently in a long-term, low-growth phase, and many geographic locales have reached or are approaching market saturation. The number of restaurants that a given city or town can accommodate is limited, meaning that population growth, disposable income growth or a combination of the two, is required for the industry to grow. Competition among full-service restaurants, quick-service restaurants and other food service providers is also increasing, leading to tighter profit margins. Price-based competition intensified during the first half of the five-year period as operators attempted to stanch declining demand. How...purchase to read more.

    Additional Insights for the Full-Service Restaurants Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Full-Service Restaurants Industry are

  • Access to multiskilled and flexible workforce
  • Proximity to key markets
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Corporate profit in the Full-Service Restaurants industry impact industry performance..

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    What's in this report

    What is the Full-Service Restaurants Industry?

    This industry includes restaurants that provide food services to patrons who order and are served while seated (i.e. waiter or waitress service) and pay after eating. These establishments may provide this type of food service to patrons in combination with selling alcoholic and other beverages.

    Industry Products
  • Asian restaurants
  • Mexican and Latin-American restaurants
  • Canadian and American restaurants
  • European restaurants
  • Seafood restaurants
  • Steakhouses
  • Pizza restaurants
  • Industry Activities
  • Serving food and beverages to customers
  • Owning and operating full-service restaurants
  • Managing chain or franchised restaurants
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Corporate profit
  • Number of households earning $100K or more
  • Per capita alcohol consumption

  • Current Performance
  • Consumer trends
  • Profit margins under pressure
  • Consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand drivers
  • Profit
  • Establishment growth slows
  • Table: Full-Service Restaurants Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Full-Service Restaurants Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in Canada

  • Key Selling Industries
  • Beef & Pork Wholesaling in Canada
  • Beer, Wine & Spirits Wholesaling in Canada
  • Dairy Wholesaling in Canada
  • Fish & Seafood Wholesaling in Canada
  • Frozen Food Wholesaling in Canada
  • Fruit & Vegetable Wholesaling in Canada
  • Wine & Spirits Wholesaling in Canada

  • Products & Services
  • Other
  • Asian restaurants
  • Pizza restaurants
  • European restaurants
  • Canadian and American restaurants
  • Mexican and Latin-American restaurants
  • Seafood restaurants
  • Steakhouses
  • Chart: Full-Service Restaurants Industry Products and Services Segmentation

  • Demand Determinants
  • Income and expenditure
  • Demographics
  • Health consciousness
  • Convenience

  • Major Markets
  • Highest income quintile
  • Second-highest income quintile
  • Middle income quintile
  • Second-lowest income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Full-Service Restaurants Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Full-Service Restaurants

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Full-Service Restaurants Industry

  • Industry Globalization
    Recipe Unlimited Corporation,
  • Table: Recipe Unlimited Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Full-Service Restaurants Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Full-Service Restaurants Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Consumer spending (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Point-Of-Sale (Pos)
  • The location where a transaction occurs at a retail establishment or store.
  • Quick-Service Restaurant (Qsr)
  • A restaurant characterized both by its fast food cuisine and by minimal table service.
  • Same-Store Sales
  • A retail measure used to assess the true performance of retail outlets by taking out the effect of new store openings and only looking at sales growth of existing stores.
  • What Our Customers Say

    Why buy this report?

    The Full-Service Restaurants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Full-Service Restaurants:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Full-Service Restaurants market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Full-Service Restaurants, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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