Canada Foodservice Market Size and In-Depth Analysis
The Canada foodservice market is poised for substantial growth, with projections indicating an increase from US$84.17 billion in 2024 to US$135.52 billion by 2033, at a compound annual growth rate (CAGR) of 5.43%. This growth is fueled by several factors, including increased consumer spending, shifting dietary preferences, and the growing demand for convenience-driven food services. The market expansion is further supported by the rise of online food delivery platforms, emerging food trends, and an increasing focus on health-conscious and sustainable dining options.
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Canada Foodservice Market Outlook
The foodservice industry encompasses the preparation, service, and sale of food and beverages outside the household, including restaurants, catering services, quick-service outlets, and institutional food services. As one of Canada’s larges