Whether making gains in inches or by leaps and bounds, nearly all noncommercial segments are expected to see foodservice growth in 2018, according to Technomic’s 2017 U.S. Foodservice Industry data, powered by Ignite. But what stories do the numbers tell about the kind of year operators should expect—and why that growth is happening? Read on for some insight.
Business & Industry
Potential contact points: 10,039
2017 nominal change: 2.5%
2018 projected nominal change: 2%
The slowdown of growth in this area could be attributable to an increase in remote workers and employees who work from home, says Kevin Schimpf, industry research manager for Technomic.
College & University
Potential contact points: 4,716
2017 nominal change: 3.6%
2018 projected nominal change: 3.4%
Because Technomic’s data measures each college or university as one unit, rather than each foodservice location at a single institution, it would be unusual to see a large leap here.
Potential contact points: 51,104
2017 nominal change: 3.2%
2018 projected nominal change: 3.2%
Potential contact points: 23,244
2017 nominal change: 8.1%
2018 projected nominal change: 8.3%
While FoodService Director typically reports on these groups as one segment, Technomic’s divided data tells an interesting story and one we expected to see: The move of baby boomers to retirement and senior living communities will translate to a huge wave of business for these operators.