News

Foodservice industry to hit $1.1T by 2022, report says

New research reveals big growth ahead.

July 8, 2015

Research and Markets has released the latest edition of Hospitality, Restaurants, Hotels, Bars and Food Service Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2022.

The report states the industry is expected to reach $1.1 trillion by 2022. It includes industry-specific data such as metrics, benchmarks, historic numbers, growth rates and forecasts.

Key Data:

Industry Summary
- Revenues historical through 2014
- Revenues projected through 2022
- Employee Count 2007-2014
- Annual Growth Rate 2014
- CAGR 2006 through 2014
- CAGR 2014 through 2022
- Top U.S. Companies