Food and Beverage

The State of Food and Beverage Today

1.47

B

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.

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