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The US restaurant delivery market is projected to reach $32 billion by 2024 , growing at an annual rate of 5%. To put that in perspective, that’s more than the GDP of the entire European nation of Iceland. MORE
billion by 2024. The matcha latte first emerged on coffee shop menus a few years ago, and it has seen a considerable rise in popularity over a relatively short period of time. MORE
percent by 2024, and 2020 will be a catalyst year that could drive that number up. Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. MORE
billion by 2024. Please send plant-based news to Modern Restaurant Management (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good Food Restaurant Scorecard. Despite skyrocketing demand for plant-based food across the U.S., MORE
These services will account for 70 percent of all delivery orders by 2022, with the user base expected to increase 53 percent by 2024. MORE
By 2024, global digital gift card sales are projected to hit $698.2 MORE
Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. MORE
The industry’s been growing at a steady pace and is expected to yield a worldwide revenue of US $164 billion by 2024. Food delivery is big business. Today, 60% of all dining experiences are off-premises – a percentage that is believed to only increase. MORE
billion by 2024. In 2018, when China stopped accepting plastics and recycling from the US, waste management professionals wondered whether the recycling industry could survive the loss of a major market for America’s commodity scrap. Two years later, the verdict is in. MORE
across the top 10 markets globally by 2024. Premium spirits are also forecasted to increase their global volume market share to 13 percent by 2024, according to IWSR. Business travel is not expected to return to 2019 levels until at least 2023 or 2024. This edition of MRM Research Roundup features the latest restaurant sales stats, brand loyalty, Valentine's Day spending plans and more. Same-Store Sales Fall. MORE
While that number is expected to grow tremendously by 2024, the 50 largest beauty salons make up 15% of that market, and the 50 largest barbershops make up 30%. MORE
Benefits will begin on January 1, 2024, with taxes to be paid starting on January 1, 2023. Pooja S. Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. MORE
In fact, data confirms that contactless payments will reach $6 trillion by 2024. According to Forbes, more than 40% of restaurants struggled to survive during the COVID-19 pandemic crisis. What’s interesting is that G2 research highlights that almost 50 million people in the U.S. MORE
FDA Announces 2024 Compliance Date for Food Labeling Regulations : On January 4, the Food and Drug Administration announced that it would set January 1, 2024 as the uniform compliance date for final food labeling regulations that are issued in calendar years 2021 and 2022. Pooja S. MORE
A report by Juniper Research states that contactless payments will triple to $6 trillion worldwide by 2024. The novel COVID-19 virus has transformed the restaurant industry like never before. MORE
billion by 2024. In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. Supporting Independents. Ocean Spray Cranberries, Inc. MORE
The Bureau of Labor Statistics estimates that, by 2024, 25 percent of the U.S. The U.S. workforce continues to expand, and an interesting phenomenon is occurring as a result – the workforce also is getting older. MORE
Research says that revenue in the online delivery segment is expected to show an annual growth rate of 7.5%, by 2024. Amidst the current lockdown, the restaurant industry has observed a spike in demand for delivery-only services. MORE
until 2024. With consumers shifting away from the dining-out trend towards home delivery services, technological growth has paced up in the sector. Food delivery services are currently leading the online marketplace. MORE
Prior to the pandemic, Research and Markets had forecast the global drone market to grow from $14 billion in 2018 to over $43 billion by 2024, with drone deliveries set to be the fastest growing application. MORE
Guy Fieri recently renewed his contract through 2024, and the alleged eight-figure deal is “said to be the biggest talent deal of its kind for Discovery Inc.” [THR]. Photo by Michael Tullberg/Getty Images. MORE
Restaurant POS Terminals Market size raised USD 10 billion in 2017 and is predicted to expand at a CAGR of over 13% between 2018 and 2024. The global industry purchases are expected to approach 20 million units by 2024. Everything is now digitalised! Agree? MORE
Meanwhile, Uber Eats still isn’t profitable , and may not be until 2024. Waitr is one of the many third-party delivery marketplaces that’s been in the news lately for less than flattering reasons. The Lake Charles, Louisiana-based online ordering and delivery app saw its stock price plunge , lost its CEO and CFO recently, and has even been the subject of boycotts by restaurateurs and customers. MORE
Online ordering has become extremely popular, so much so that digital sales will account for more than half of limited-service and quick-service sales by 2024. If your restaurant isn’t using email marketing, now is the ideal time to start. MORE
billion by 2024 with a significant annual growth rate of 14.6%. Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes. MORE
Digital sales will account for more than half of limited-service and quick-service sales by 2024. 2020 flipped the restaurant industry upside down, and the restaurant industry statistics compiled in this blog post convey just that. MORE
by 2024. The number of food delivery orders placed online has seen a staggering increase in Saudi Arabia in recent years. According to statistics, the revenue in Saudi’s food delivery market is expected to show an annual growth rate of 9.8% MORE
by 2024. Running a successful restaurant business today is about making sure that your brand can be easily found online. Restaurant brands with a stellar online presence also have the potential to attract more customers and receive more orders. MORE
2024 Related Topics 
The Restaurant Group
MAY 3, 2021
In fact, data confirms that contactless payments will reach $6 trillion by 2024. According to Forbes, more than 40% of restaurants struggled to survive during the COVID-19 pandemic crisis. What’s interesting is that G2 research highlights that almost 50 million people in the U.S.
ChowNow
JANUARY 27, 2021
Online ordering has become extremely popular, so much so that digital sales will account for more than half of limited-service and quick-service sales by 2024. If your restaurant isn’t using email marketing, now is the ideal time to start.
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Bingage
APRIL 14, 2021
Restaurant POS Terminals Market size raised USD 10 billion in 2017 and is predicted to expand at a CAGR of over 13% between 2018 and 2024. The global industry purchases are expected to approach 20 million units by 2024. Everything is now digitalised! Agree?
Modern Restaurant Management
SEPTEMBER 10, 2020
Prior to the pandemic, Research and Markets had forecast the global drone market to grow from $14 billion in 2018 to over $43 billion by 2024, with drone deliveries set to be the fastest growing application.
Deliverect
JANUARY 30, 2020
The industry’s been growing at a steady pace and is expected to yield a worldwide revenue of US $164 billion by 2024. Food delivery is big business. Today, 60% of all dining experiences are off-premises – a percentage that is believed to only increase.
Indoor Media
FEBRUARY 22, 2021
While that number is expected to grow tremendously by 2024, the 50 largest beauty salons make up 15% of that market, and the 50 largest barbershops make up 30%.
ChowNow
MARCH 17, 2021
Digital sales will account for more than half of limited-service and quick-service sales by 2024. 2020 flipped the restaurant industry upside down, and the restaurant industry statistics compiled in this blog post convey just that.
Deliverect
AUGUST 20, 2020
The US restaurant delivery market is projected to reach $32 billion by 2024 , growing at an annual rate of 5%. To put that in perspective, that’s more than the GDP of the entire European nation of Iceland.
Modern Restaurant Management
DECEMBER 2, 2019
By 2024, global digital gift card sales are projected to hit $698.2
The Restaurant Times
FEBRUARY 16, 2021
A report by Juniper Research states that contactless payments will triple to $6 trillion worldwide by 2024. The novel COVID-19 virus has transformed the restaurant industry like never before.
Modern Restaurant Management
NOVEMBER 13, 2020
Benefits will begin on January 1, 2024, with taxes to be paid starting on January 1, 2023. Pooja S. Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine.
The Restaurant Times
MAY 31, 2020
by 2024. Running a successful restaurant business today is about making sure that your brand can be easily found online. Restaurant brands with a stellar online presence also have the potential to attract more customers and receive more orders.
The Restaurant Times
OCTOBER 12, 2020
until 2024. With consumers shifting away from the dining-out trend towards home delivery services, technological growth has paced up in the sector. Food delivery services are currently leading the online marketplace.
|
Modern Restaurant Management
FEBRUARY 19, 2020
The Bureau of Labor Statistics estimates that, by 2024, 25 percent of the U.S. The U.S. workforce continues to expand, and an interesting phenomenon is occurring as a result – the workforce also is getting older.
Restaurant365
JULY 24, 2020
Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024.
Marketman
DECEMBER 21, 2019
billion by 2024 with a significant annual growth rate of 14.6%. Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes.
ChowNow
NOVEMBER 11, 2019
Meanwhile, Uber Eats still isn’t profitable , and may not be until 2024. Waitr is one of the many third-party delivery marketplaces that’s been in the news lately for less than flattering reasons. The Lake Charles, Louisiana-based online ordering and delivery app saw its stock price plunge , lost its CEO and CFO recently, and has even been the subject of boycotts by restaurateurs and customers.
Modern Restaurant Management
FEBRUARY 26, 2021
FDA Announces 2024 Compliance Date for Food Labeling Regulations : On January 4, the Food and Drug Administration announced that it would set January 1, 2024 as the uniform compliance date for final food labeling regulations that are issued in calendar years 2021 and 2022. Pooja S.
The Restaurant Times
MAY 22, 2020
Research says that revenue in the online delivery segment is expected to show an annual growth rate of 7.5%, by 2024. Amidst the current lockdown, the restaurant industry has observed a spike in demand for delivery-only services.
The Restaurant Times
JULY 8, 2020
by 2024. The number of food delivery orders placed online has seen a staggering increase in Saudi Arabia in recent years. According to statistics, the revenue in Saudi’s food delivery market is expected to show an annual growth rate of 9.8%
Modern Restaurant Management
FEBRUARY 1, 2021
across the top 10 markets globally by 2024. Premium spirits are also forecasted to increase their global volume market share to 13 percent by 2024, according to IWSR. Business travel is not expected to return to 2019 levels until at least 2023 or 2024. This edition of MRM Research Roundup features the latest restaurant sales stats, brand loyalty, Valentine's Day spending plans and more. Same-Store Sales Fall.
Modern Restaurant Management
NOVEMBER 19, 2020
billion by 2024. In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. Supporting Independents. Ocean Spray Cranberries, Inc.
Modern Restaurant Management
FEBRUARY 10, 2020
billion by 2024. Please send plant-based news to Modern Restaurant Management (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good Food Restaurant Scorecard. Despite skyrocketing demand for plant-based food across the U.S.,
EATER
MAY 3, 2021
Guy Fieri recently renewed his contract through 2024, and the alleged eight-figure deal is “said to be the biggest talent deal of its kind for Discovery Inc.” [THR]. Photo by Michael Tullberg/Getty Images.
Perfect Daily Grind
SEPTEMBER 1, 2020
billion by 2024. The matcha latte first emerged on coffee shop menus a few years ago, and it has seen a considerable rise in popularity over a relatively short period of time.
Modern Restaurant Management
JANUARY 31, 2020
These services will account for 70 percent of all delivery orders by 2022, with the user base expected to increase 53 percent by 2024.
Modern Restaurant Management
DECEMBER 31, 2019
percent by 2024, and 2020 will be a catalyst year that could drive that number up. Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more.
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