Permanent closures due to lockdown measures could hit up to 20% of food and beverage establishments, though this number will begin to recover in 2021
Research
The survey also suggested that, at the end of May, around 76% of restaurants were open 'in some capacity', while 26% were closed temporarily.
This is due to the effects of the coronavirus outbreak, which has seen closures of all sit-in food and beverage establishments in most states, with many choosing to operate on a delivery-only basis.
Various causes are posited as current barriers to growth, including high labor costs and rising food prices, as well as overcrowding in the delivery market.
Efforts to create more sustainable alternatives are on the rise, but plastic and polystyrene products will still dominate the market for the foreseeable future.
Use of water baths in commercial foodservice operations will account for the lion’s share of sales
Technomic’s report says that as many as 52% of Generation Z consumers use third-party delivery apps or websites like Deliveroo, Just Eat or Uber Eats.
The unseasonably mild weather, the report suggests, means that restauranteurs should not put too much stock in the change as anything other than a temporary improvement.
McDonald’s, KFC, Burger King, Nando’s and Subway among those cited in report on supply chain transparency failings
Middleby Corporation and Buhler Group are among the frontrunners to benefit from predicted growth in bakery sector