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Food and Beverage

The State of Food and Beverage Today

1.47

The QSR industry is experiencing significant growth, with projections indicating an increase from $862.05 billion in 2020 to $1,467.04 billion by 2028.

65

of customers prefer self-ordering kiosks to ordering in person and mobile apps are crucial for online ordering and customer engagement, highlighting the growing importance of digital experience.

50

Nearly half of consumers are taking a wait-and-see stance when it comes to spending, emphasizing the need for strong value propositions.

98

of operators cite higher labor costs as an issue for their restaurant, indicating ongoing workforce challenges.