In 2023, the total internal R&D personnel in accommodation and food service activities in Canada stood at 105 FTEs. Forecasts from 2024 onwards show a decline or stagnation, with personnel numbers dropping to 103 FTEs by 2028. Analysis reveals a marginal year-on-year decrease beginning 2025 through 2028, with a CAGR indicating an average decline over this 5-year period.

Future trends to watch for:

Technological advancements fostering more R&D to possibly reverse stagnation.
Government policies incentivizing innovation could impact personnel numbers positively.
Changing consumer preferences and industry digitization may influence R&D staffing needs.