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United State Restaurant Industry Insights, Growth Drivers, Challenges, Opportunity, Restaurant Industry Sales & Food Service Jobs

United State Restaurant Industry Insights, Growth Drivers, Challenges, Opportunity, Restaurant Industry Sales & Food Service Jobs

  • May 2020
  • 67 pages
  • ID: 5897491
  • Format: PDF
  • Renub Research

Summary

Table of Contents

Table of Contents:

1. Introduction

2. Executive Summary

3. Growth Drivers:

Technology and data are going to play the biggest role yet in this future state of the industry
Consumers may grow increasingly loyal to third-party delivery apps, eclipsing loyalty to individual restaurants
Restaurants already employ more women and minority managers than any other private sector industry
Training & Development

4. Challenges faced:

Financing may continue to be challenging for restaurants
Food Safety & Security

5. Opportunity

Health & Nutrition
Sustainability
Technology and data are going to play the biggest role yet in this future state of the industry
Information technology will permeate restaurants

6. United State Restaurant Industry Insights

Categories Covered:
Restaurant Industry Sales in US Billion (2010, 2018 & 2030)
Restaurant & Food Service Jobs in Million (2010, 2018 & 2030)
United State - People in Labor Force by Ages in Million, 1978-2028
Growing Proportion of the Labor Force by Age in Million
United State - Average Annual Growth by Resident Population, 2014 – 2018
United States - Average Annual Growth by Resident Population in Percent, 1950- 2030

7. Consumers in 2030

Covered:

Snapshot of the US population in 2030
Older adults claim bigger slice of the pie


United State Population by Age in Percent, 2010
United State Population by Age in Percent, 2020
United State Population by Age in Percent, 2030
U.S. Population Share by Race & Ethnicity in Percent, 2010
U.S. Population Share by Race & Ethnicity in Percent, 2020
U.S. Population Share by Race & Ethnicity in Percent, 2030


8.Restaurant Industry Structure

The restaurant industry in 2030 will be like nothing you have ever seen before and that’s exactly how operators will thrive

9. Facilities & Operations

Off-premises is where much of the future growth will likely be

10. Profitability & Income

Margin pressures will remain intense for restaurants of all types and sizes, making cost management more essential than ever

11. Autonomous Vehicles

Autonomous Vehicles promise to change how people on the road get their food, and what they eat and drink in cars
Non-food companies could add food and prepared meals to their offerings as an added service
Automation and robotics will begin to play a greater role in food preparation and the kitchen line
Weather volatility could drive up food costs by causing disruptions in agriculture and the food distribution system
Artificial intelligences with knowledge of cooking techniques, food chemistry, recipes, and alcohol will produce unexpected new culinary and beverage experiences.
An aging U.S. population, advanced genetic knowledge, and the rising incidence of lifestyle diseases such as heart disease, obesity and Type 2 diabetes will create growing demand for meals that provide specific health benefits to diners, on an increasingly personalized level.

12. Cloud kitchens & Virtual Restaurants

Accelerating trends in technology and consumer demand will lead to more “cloud kitchens” AND “virtual restaurants” Sustainability

List of Figures:

Figure-1: Restaurant Industry Sales in US Billion (2010, 2018 & 2030)
Figure-2: Restaurant & Food Service Jobs in Million (2010, 2018 & 2030)
Figure-3: United State - People in Labor Force by Ages in Million, 1978-2028
Figure-4: Growing Proportion of the Labor Force by Age in Million
Figure-5: United State - Average Annual Growth by Resident Population, 2014 – 2018
Figure-6: United States - Average Annual Growth by Resident Population in Percent, 1950- 2030
Figure-7: United State Population by Age in Percent, 2010
Figure-8: United State Population by Age in Percent, 2020
Figure-9: United State Population by Age in Percent, 2030
Figure-10: U.S. Population Share by Race & Ethnicity in Percent, 2010
Figure-11: U.S. Population Share by Race & Ethnicity in Percent, 2020
Figure-12: U.S. Population Share by Race & Ethnicity in Percent, 2030

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