Technomic thought leaders forecast trends for 2023 to help aid US foodservice professionals prepare for the year ahead
Technomic released its latest US whitepaper, What We Foresee for 2023, sharing its foodservice industry trend predictions for the upcoming year. Restaurants are still facing significant challenges—largely due to the continued effects of the COVID-19 pandemic—resulting in a delay in a complete return to sustained normalcy. Economic headwinds, including inflation and the threat of a recession, are also setting up new hurdles for operators to navigate. But, despite a challenging start to 2023 expected, the latter part of the year should bring about optimism as the industry emerges from high inflation and a soft economy.
"The industry is expected to face some stumbling blocks going into 2023, led by weakened consumer sentiment and ongoing pricing difficulties," says Joe Pawlak, managing principal within Technomic's Advisory group. "But as the year progresses, the situation is expected to moderate and the industry will benefit with stronger sales and traffic."