The Intl. Foodservice Manufacturers Assn. has revised its projections of foodservice operator purchase spend for the years 2020-22. The group, which was assisted by Datassential, now estimates operator purchase spend fell 29.8% in real (not nominal) terms last year. This is slightly worse than its previous projection of a 28.4% real decline. It now projects…
IFMA Revises Foodservice Purchase Spend Projections
