Canada Future of Foodservice Study 2023-2028 [Yahoo! Finance]
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Source: Yahoo! Finance
This analyst report provides extensive insight and analysis of the Canadian Foodservice market over the next five years (2023-28) and acts as a vital point of reference for operators or suppliers. Canada's GDP per capita declined by 1.1% in 20231. This decline is attributable to the Russia-Ukraine conflict that compounded the domestic banking sector's challenges. High inflation and increasing interest rates significantly hampered the consumer sentiment. In 2023, the working-age population (aged 15-64 years) made up 63.8% of the total population, which is expected to decline to 61.7% in 2028. Meanwhile, the proportion of older people (aged 65+ years) is expected to increase from 20.5% in 2023 to 23.1% in 2028. The report includes : Overview of Canada's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Canadian foodservice market including GDP per capita, consumer price index, population growth, and annual household income dis
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