Foodservice Equipment & Supplies

JAN 2018

Foodservice Equipment & Supplies magazines is an industry resource connecting foodservice operators, equipment and supplies manufacturers and dealers, and facility design consultants.

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10 • FOODSERVICE EQUIPMENT & SUPPLIES • JANUARY 2018 people & events The percent by which customer traf- fic increased at restaurants during the third quarter of 2017, per data from The NPD Group. Strong growth at quick service burger and gourmet coffee chains drove total foodservice industry traffic into positive territory. 1% The number of locations Starbucks expects to open in Jamaica over the next five years. 15 National Restaurant Association and CIA Identify Top Culinary Trends for 2018 T he National Restaurant Association's What's Hot 2018 Culinary Forecast features an emphasis on vegetable- forward and authentic cuisines. As part of the annual survey, done in conjunction with the American Culinary Federation, chefs predict food and beverage trends they anticipate seeing at restaurants in the coming year. Here are the top food trends identified by chefs for 2018: • House-made condiments • Street food-inspired dishes • Ethnic-inspired breakfast items • Sustainable seafood Here are the top concept trends identified by the chefs for 2018: • Hyper-local • Chef-driven fast casual concepts • Natural ingredients/clean menus • Food waste reduction • Vegetable-forward cuisine "Local, vegetable-forward, and ethnic-inspired menu items will reign supreme in 2018. Guests are implementing these trends into their own lifestyles and want to see them reflected on restaurant menus. In response, chefs are creating more items in-house and turn- ing to global flavors," said Hudson Riehle, senior vice president of research at the National Restaurant Association. Source: U.S. Census Bureau, The Freedonia Group U.S. restaurant and foodservice revenues will total $990 billion in 2021, representing annual increases of 3.9 percent from $819 billion in 2016, per forecast data from The Freedonia Group. Population growth will add to the cus- tomer base for these businesses, and rising dis- posable income levels will support on-premise consumption of beverages and foods, as well as spending on higher-priced food offerings, The Freedonia Group reports. In addition, the Freedonia Group projects the number of restaurants and foodservice establishments will rise during the forecast period to meet increas- ing demand. However, the growing availability of prepared foods in grocery stores and other retail outlets will restrain faster gains. Restaurant Revenues and Locations Expected to Grow Through 2021 Full Service Bars & Taverns Quick Service Buffet/Cafeteria Fast Casual Other Foodservice Snck/Bkry/Cffe Shps 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2021 Restaurant & Foodservice Revenues by Service Category (US$bil) 1000 800 600 400 200 0

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