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State and Trends in the Foodservice Industry after the End of the COVID-19 Pandemic

Georgina Lukanova ()
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Georgina Lukanova: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2023, issue 1, 31-40

Abstract: The publication examines the current state, development, and trends of the foodservice industry. Analysing the main indicators of the industry is an important tool for revealing opportunities for development and investment stimulation in the sector. Quantitative and qualitative indicators of the foodservice industry such as volume of foodservice sector, its territorial structure, type structure, and forms of ownership management at global, regional, and national levels are analysed to achieve the objective. The research period covers the last six years, intending to trace the dynamics of the restaurant supply before, during, and after the COVID-19 pandemic. The analysis of the studied indicators reveals that the foodservice sector has recovered both internationally and nationally after the COVID-19 pandemic. However, the indicators have not yet reached the levels of the year before the pandemic.

Keywords: food service industry; food service sales; food service market shares; restaurant companies (search for similar items in EconPapers)
JEL-codes: Z31 (search for similar items in EconPapers)
Date: 2023
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