Forecast: Special Food Services Expenses in Canada

In 2023, Special Food Services Expenses in Canada stood at CAD 6.89 billion. The forecasted data indicates a steady increase over the coming years, reaching CAD 8.61 billion by 2028. Notably, from 2024 onwards, there is a consistent annual growth rate observed with a year-on-year increase of approximately 4.84% in 2025-2026, 4.29% in 2026-2027, and 4.11% in 2027-2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated at around 4.36%.

Future trends to watch for include:

  • Emerging consumer preferences for health-oriented and sustainable food options may influence expenditure.
  • Innovation in food delivery technology and service models driven by digitization will likely impact market dynamics.
  • Potential economic fluctuations could bring challenges impacting discretionary spending on special food services.

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