Canada Foodservice Market to Reach USD 102.98 Billion by 2027

The Canada Foodservice Market was USD 94.19 Billion in 2021. Over the years, the foodservice industry in Canada has revolutionized in size. Canadian consumers tend to spend a substantial amount of their earnings on foodservice owing to the four crucial factors of value, convenience, health, and sustainability that drive their choices. Thus, Canada has a potential market in the foodservice industry as it possesses a broad consumer base with a multicultural population of millions. Moreover, the millennials and generation Zers are the major fast-food spenders in the industry. The fast-food sector traditionally includes food and beverages items; however, with the evolution of time, plant-based products have also been added to the fast-food list.