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Restaurants Canada Revises Its Market Forecasts Out Through 2025

Written by The Ashton Report

Restaurants Canada has issued full reforecasts of annual Canadian foodservice market sales through 2025 and quarterly changes through 2022. (See charts.) The new estimate and forecasts have 2020 total industry sales down 28.7%, and forecasts of 11.8% growth in 2021 and 24.4% in 2022. Total foodservice sales finally exceed 2019 levels in 2023. Rest. Canada:…

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