The Restaurant Report
The Restaurant Report
Savor.fm
160. Restaurant Revenue to Hit 1.3 Trillion by 2023 📈 🚀
17 minutes Posted Feb 15, 2021 at 9:55 pm.
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Can restaurant revenue hit $1.3 Trillion by 2023? The restaurant industry (justifiably) is undervalued significantly due to COVID, bad PR, and the volume of closures. This might mean the opposite of an implosion, we may begin to see record growth occurring in the market. With marketing-driving big companies targeting retail consumers, virtual/ghost kitchen restaurants, and food tech innovations this might signal a massive growth period by 2023.