Foodservice in the US continued to grow in 2016, with the total industry slightly outperforming the Top 500 chains in terms of sales growth, according to Technomic Inc.’s “Top 500 Chain Restaurant Report.”
The foodservice industry totaled over $520 billion in sales—a 3.9% increase from 2015. The Top 500 chains, accounting for over half of total industry sales, brought in a cumulative $298 billion in sales, which is a 3.6% increase from 2015, but a smaller growth percentage than in years past.