The restaurant industry is once more showing signs of growth. As of at the end of 2022, the food service industry was responsible for the employment of over 15 million people. In the past 2 years, the industry has been responsible for increasing its workforce by 2.8 million jobs, however, it’s still just under half a million off its pre-pandemic levels.
The pundits say that signs are good for a full recovery. Despite an initially anticipated industry decline of 33%, Statista is saying that the industry is expected to make a full recovery by the end of next year.
In light of this positive outlook, many restauranteurs are planning to update their restaurants, or even to carry out a complete fit-out to maximise their share of the food service pie as the market continues to kick up.
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