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CHD Expert Reviews the Canadian Restaurant Industry Landscape And Identifies Why Toronto Is Unique
CHD Expert shares new information about the Toronto restaurant industry landscape and how it’s abundance of independent restaurants compare to the entire Canadian restaurant market landscape.
With the 2013 Canadian Restaurant And Foodservice Association Show just a few days away, CHD Expert evaluates the Canadian foodservice market landscape, specifically focusing on the host city of Toronto, and it’s surge among independent restaurants.
When looking specifically at Toronto’s restaurant market landscape, chances are you will find a unique destination that will delight your taste buds. 65.6 percent of all restaurants in Toronto are Full Service Restaurants (FSRs), compared to the 34.4 percent of the city’s Limited Service Restaurants (LSRs). Independent restaurants have a strong presence among Toronto’s FSR segment, making up 93.4 percent of the city’s total FSR market. Toronto’s limited service market segment is made up of primarily chains, with only 23.3 percent of LSR restaurants being independent. By definition, Full Service Restaurants offer table service, whereas a Limited Service Restaurant does not have a wait staff.
When evaluating Toronto’s ‘fine dining’ menu type, approximately 7.5 percent of establishments fall into this category, which is significantly larger than the Canadian national average of 4.3 percent. This difference is similar to that of the “Coffee Shops and Tea Houses” segment, which make up 7.1 percent of Toronto’s landscape, compared to the national average of 4.5 percent. While both of these foodservice segments individually have small market shares against the field, the city of Toronto has shown that these types of restaurants play an important role in the makeup of the city’s foodservice scene.
Toronto’s landscape (http://chd-expert.com/
“Food is at the center of all great cities, and unique independent restaurants fuel the dinning out experience,”
About CHD Expert
CHD Expert is the worldwide leader in collecting, managing, and analyzing data for the Away-from-Home Global Foodservice Market. For more than 20 years, CHD Expert is dedicated to supporting foodservice channel members and providing a global vision and an in-depth understanding of the industry (in Europe, North America, and Asia Pacific).
Our objective is to support our clients in their sales and marketing strategies by providing the most comprehensive and accurate foodservice census housing market information for more than 5 million operators worldwide. For more information or learn about all of our products available, please visit http://CHD-Expert.com.