Delivery Robots and the Drive-Thru of the Future … Now

7 Min Read By MRM Staff

The TGIF version of MRM's Daily Bite features news from Freedonia Focus Reports,  Beyond Meat,  Long John Silver's, Toast and Hotel Jen. Send news items to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Restaurant and Foodservice ForecastUS restaurant and foodservice revenues are forecast to total $990 billion in 2021, according to Restaurants & Foodservice: United States, a report recently released by Freedonia Focus Reports. Increases in the population and disposable personal income will drive overall gains in restaurant and foodservice revenues. Consumers are expected to dine out more often and purchase higher-priced offerings as their incomes rise. 

Revenues from fast casual restaurants, the fastest growing service segment, will see gains as millennials obtain higher incomes, supporting sales of higher-priced menu options. Additionally, new restaurant concepts will further drive sales among this key demographic.

These and other  insights are featured in…