Next year’s industry sales will remain shy of 2019 levels, however
Technomic has revised its U.S. foodservice industry sales forecast for 2020 and 2021 taking into consideration the many facets of the ongoing pandemic. The larger foodservice industry, which includes restaurants, bars, caterers, contract foodservice, including business and industry, education and travel & leisure, could see sales decrease by $250B to $300B in 2020 on a 2019 base of $938B.
Under three different scenarios, Technomic’s forecast indicates Best Case, Middle Case and Worst Case.