Six Trends Foodservice Operators Need to Know - Gearing up for 2018

 

November 28, 2017

As another year comes to a close, it’s clear that the foodservice environment is in a continual state of change. While the industry is expected to grow in 2018, it is also projected to be a more challenging and competitive year, ranging from consumer demands to the economic climate. Now is the perfect time to reflect on key trends and prepare for what’s ahead.

Six Trends Foodservice Operators Need to Know while gearing up for 2018

What you need to remember about 2017:

What to keep your eye on in 2108:

The Labor War

The talent shortage and increasing minimum wage are just a few blows from 2017. According to Technomic, labor costs are expected to rise 50 to 100 percent in the next five to seven years.1

Stiff Competition

Today’s consumers are now faced with virtually unlimited food options. C-stores are competing with QSRs and fastcasuals, offering meal kits and prepared meals to claim their share of profits.

Smarter Kitchens

Restaurant operators everywhere are recognizing the need to work smarter, not harder, pushing for greater innovation in the back of house.

1 David Henkes, “Food Industry Forecast: Key Trends Through 2020,” Technomic, https://www.emerson.com/documents/commercial-residential/151204.pdf (accessed November 13, 2017).

Tech Takeover

Ninety-five percent of restaurateurs agree that technology improves business efficiency.2 Advances in automation, including the use of robots and artificial intelligence, are certain to play a key role in the future of foodservice.

Data Domination

Big data is not a new term for operators. It is, however, something that should be heavily implemented in 2018 if restaurants want to boost efficiencies, sales and food quality.

Safer Kitchens

Safety won’t be taken lightly next year. It’s critical to determine a menu for accident prevention that encompasses training, safety equipment, updated appliances and walkway protocols.

2 Restaurant Technology in 2017 Industry Report, Toast, https://pos.toasttab. com/restaurant-management/restaurant-technology-industry-report (accessed November 13, 2017).

Summary
Article Name
Six Trends Foodservice Operators Need to Know - Gearing up for 2018
Description
As another year comes to a close, it’s clear that the foodservice environment is in a continual state of change. While the industry is expected to grow in 2018, it is also projected to be a more challenging and competitive year, ranging from consumer demands to the economic climate. Now is the perfect time to reflect on key trends and prepare for what’s ahead.
Author
Publisher Name
Restaurant Technologies, Inc

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