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How many fast food vendors are in Canada?
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Jun 11, 2024 · In total, there were 31,577 fast-food vendors in Canada in 2021. This is approximately 10.3 fast-food restaurants per 10,000 people. The biggest fast-food chain in Canada is Tim Hortons, which had 4,268 restaurants around the country in 2021. Subway had the second most restaurants with 3,148 stores.
- In total, there were 31,577 fast food vendors in Canada in 2021. This is approximately 10.3 fast-food restaurants per 10,000 people.
- In 2021, 394,134 people were working in the fast food industry. There will be around 43,300 new jobs created in the fast-food industry between 2019...
- In 2021, the fast food industry in Canada was worth $27 billion. Between 2016 and 2021, the fast food industry grew by 1.3%. Following the pandemic...
- Households in Canada spent almost a quarter (24%) of their budgets on eating out. 63% of Canadians say eating out is a luxury, yet almost the same...
- Tim Hortons is the most popular restaurant in Canada. It is owned by Restaurant Brands Inc. which also includes Burger King. Following Tim Hortons...
- The Canada fast food market share is estimated at $27 billion. (Source: Food Truck Empire, Ibis World) Canadian fast food statistics reveal the Canadian fast food industry is worth an impressive $27 billion in 2021.
- There are around 10.3 fast food restaurants per 10,000 people. (Source: Food Truck Empire) Canadian fast food industry statistics for 2021 show there are 31,577 fast food stores around the country.
- The street vendor market in Canada is worth $325 million. (Source: Ibis World) 2,093 small businesses operate in this category, employing 2,483 people.
- The restaurant industry could lose between $21.7 billion and $44.8 billion because of the pandemic. (Source: Food Truck Empire) In 2019, the food service reached over $93 billion in sales and was expected to go over $100 billion before the pandemic hit.
ID: 5521689. Canada Fast Food Market is predicted to reach US$ 38.03 Billion by using 2030, according to the publisher. Fast food can be defined as domestic-made food which may be organized fast, without difficulty available, and served. Fast food is popularly used in eating places, motels, and speedy-food centers.
- 4.6%
- 180
- 2022-2030
- September 2023
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- What Data Sources Do IBISWorld Analysts use?
- How Does IBISWorld Forecast Its Data?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry report...
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights. Key data sources in Canada include: 1. Statistics Canada 2. Industry Canada 3. Canadian Business Patterns Ana...
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts...
Jul 19, 2023 · Is Canada becoming a fast-food nation? July 19, 2023, 11:00 a.m. (EDT) In the years leading up the pandemic, full-service restaurants enjoyed a larger slice of the total food and drink sales pie than limited-service eateries, such as fast-food joints, coffee and donut shops.
Jan 29, 2024 · Canada Fast Food Market changed into valued at US$ 26.39 Billion in 2022. Canada Fast Food Market is expected to grow at a CAGR of 4.67% during 2022 to 2030. Rise in health cognizance...
Dec 7, 2020 · Canadian Fast Food Industry Numbers. There are 31,577 fast food stores around the country. Homegrown Tim Hortons is the largest and most popular fast food chain with 4,268 stores nationwide. The Canadian fast food industry employs approximately 394,134 people. (IBISWorld)
