article thumbnail

Exploring Restaurant Technology Trends in 2024

Goliath Consulting

In the dynamic world of culinary innovation, 2024 marks a pivotal year where technology intertwines with the art of dining. AI-Powered Inventory Management Behind the scenes, AI-powered inventory management systems are revolutionizing the way restaurants manage supplies. Let’s redefine your digital dining experience.

2024 147
article thumbnail

93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

2024 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MRM Research Roundup: Top F&B Trends to Watch

Modern Restaurant Management

Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024. Late Night Snacking : with the rise of trends like girl dinner this year, 2024 will be the year of late night snacking, with more consumers ordering delivery for food during late night hours. In September this year, there were 12.37

2024 168
article thumbnail

How To Increase Restaurant Sales: 20 Proven Tips & Tactics

7 Shifts

In fact, 45% of restaurant operators expect their competition to be much more intense in 2024 than last year. However, overly large portions can sometimes result in food waste, which is an issue not only for restaurants but also for the environment. It can also be a great step to creating more accurate inventory management!

article thumbnail

What Consumers Want? A B2C Checklist

Modern Restaurant Management

How do you manage your restaurant in a modern and efficient way? Businesses share eco-friendly ideals with their customers by ethically eliminating food waste and purchasing locally produced foods to gain popularity. Ensure that your digital presence, including your website, social media, and mobile app, is consistent.

article thumbnail

How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

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. You’ll also have to manage your online reputation even more diligently as your delivery business exists entirely online. You’ll have to package. Experiment with New Menu Items or Concepts.

article thumbnail

85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. For 62% of restaurants , automation could help fill critical gaps in managing orders. Accurate and timely inventory control can boost restaurant profits by 24% annually.

2023 52