The latest research from Mintel shows that after several years of growth, the foodservice industry is expected to decline by up to 30% from 2019 to 2020, following nationwide dine-in bans/restrictions, restaurant closures, job losses, and lowered consumer confidence.
According to Innova Market Insights’ COVID-19 Consumer Survey (conducted in March 2020), in China, India, and Indonesia, personal concerns center on health, personal income, and the availability of healthcare and products to buy.
COVID case surges across the United States and the subsequent rollbacks in re-opening plans have stalled the U.S. restaurant industry’s recovery, reported The NPD Group.
A study published in the Journal of Food Science and also discussed during a SHIFT20 session entitled “First Look at Nomenclature Research for Seafood Made from Fish Cells,” explores the nomenclature surrounding cell-based or cultured meat, poultry, and seafood in the United States.
Total customer transactions at major U.S. restaurant chains declined by 14% in the week ending July 12 versus one year ago, compared with -11% in the prior week, reported The NPD Group.
Great Lakes Section IFT Supplier Night and Expo
Battle Creek, Michigan
Great Lakes Section IFT 2025 Suppliers Day
Battle Creek, Michigan
Philadelphia Section IFT Student Appreciation Night
Philadelphia, Pennsylvania