Restaurant Industry Statistics

The restaurant industry is a major contributor to the global economy. Here are some key statistics to consider:

• Revenue: The global restaurant industry is estimated to generate over $2.5 trillion in revenue in 2020.
• Employment: The restaurant industry is estimated to employ over 58 million people worldwide.
• Growth: The restaurant industry is expected to grow at a rate of 4.3% annually over the next five years.

Restaurant Industry Trends

The restaurant industry is constantly evolving. Here are some of the key trends to watch out for:

• Delivery: Delivery services are becoming increasingly popular, with many restaurants offering delivery options for their customers.
• Technology: Technology is playing an increasingly important role in the restaurant industry, with many restaurants using technology to improve their operations.
• Health and Wellness: Health and wellness are becoming increasingly important to customers, with many restaurants offering healthier options for their customers.

Conclusion

The restaurant industry is a major contributor to the global economy and is expected to continue to grow in the coming years. It is important to stay up to date on the latest trends and statistics in order to remain competitive in the industry.