Food Service Contractors in Canada
Over the five years to 2018, the Food Service Contractors industry in Canada has benefited from the increased propensity of businesses, healthcare facilities and educational institutions to outsource their food services. Revenue is anticipated to increase over the period. Consumer spending and corporate profit are both expected to grow over the five years to 2023, causing consumers and businesses to increase their spending on food services. Moreover, consolidation is expected to continue over the next five years. For this reason, the average industry profit margin will remain steady. Consequently, industry revenue is expected to grow over the five years to 2023.
Industry companies provide food services at institutional, governmental, commercial or industrial locations. Examples of facilities where food services are provided include airports, food courts, college and university cafeterias and recreation and sports venues.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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