Thursday 21 April 2016

FAST CASUAL DINING DRIVES FOODSERVICE AT 10.4 PERCENT GROWTH IN 2015

CHICAGO, April 20 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today new consumer foodservice industry data. According to the new research, consumer foodservice sales grew 5.7 percent globally in 2015, improving on last year’s growth rate of 5.3 percent. Fast casual dining was the strongest growing segment across the industry at 10.4 percent, increasing USD $3.4 billion from 2014 to 2015.

“Consumers are shifting their dining preferences, especially in developed markets,” Elizabeth Friend, consumer foodservice strategy analyst at Euromonitor International, said. “Coffee shops, for example, saw a high increase in sales last year, which shows that the dining-out culture is continuing to evolve toward more modern, premium, casual and social experiences.” 

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