Remove 2030 Remove Recruiting Remove Sourcing Remove Sustainability
article thumbnail

MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

” A few 2024 economic facts substantiate the cost-and-effort effectiveness of brand loyalty strategies: It costs 16 times more to recruit a new customer than keep an existing one. Billion by 2030, growing at a CAGR of 11.54 percent between 2024 and 2030. Billion by 2030, growing at a CAGR of 11.54

2024 196
article thumbnail

MRM Plant-Based: Good Food Scorecard and Healthier Hospital Food

Modern Restaurant Management

The pledge aims to reduce signatories’ greenhouse gas emissions from food purchasing by 25 percent by 2030. While it cooks and tastes like eggs, its ingredients use 98 percent less water, 83 percent less land and emit 93 percent less CO2e than conventional animal sources. Brian Miller.

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

The Restaurant of the Future

Modern Restaurant Management

The National Restaurant Association , in partnership with American Express and Nestlé Professional, released its 10-year outlook report on the projected state of the restaurant industry in 2030. trillion by 2030. The industry workforce will likely exceed 17 million by 2030. between 2018 and 2030. "The

2030 154
article thumbnail

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

Apicbase

billion by 2030. billion by 2030. Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023. Gitnux , 2024) 35% and 34% of baby boomers and Gen Xers respectively are interested in locally sourced food. The global foodservice market size reached $2,989.5

2024 52
article thumbnail

Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. Consumers are also becoming more conscientious about sustainability, which is primed to disrupt the restaurant business.

article thumbnail

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

Apicbase

IMARC Group , 2022) Global food ordering is expected to top $365 billion by 2030. ( ReFED , 2022) 43% of diners say that they would pay more to cover sustainability practices implemented by restaurants… and some say they won’t even order if a sustainable packaging option isn’t available. billion by 2028. IBISWorld , 2022).

2023 52