Technomic: LSRs Post Top Foodservice Sales


CHICAGO — It’s little surprise to hear, but limited-service chains (LSRs) are leading the commercial foodservice industry, according to data from the Chicago-based research firm Technomic, which showed LSRs account for 73.3 per cent or $19.6 billion of the top 200 chains sales.

The firm’s “Top 200 Canadian Chain Restaurant Report” indicated LSRs — where patrons generally order and pay at the counter — also made up 85.5 per cent of the industry in 2011.

“The key to the growth within LSRs is differentiation,” says Darren Tristano, executive vice-president of Technomic. “Most of the ‘hot concepts’ have broad consumer appeal. Consumers are seeking locations that offer something unique, which is often delivered through fresh, better quality ingredients, a contemporary decor and ambiance and interactive service formats.”

“The Canadian Future of LSR: Fast-Food & Fast-Casual Restaurant Consumer Trend Report,” also found LSR breakfast entrées grew by 17 per cent on fast-food menus and 13 per cent on fast-casual menus between 2009 and 2011. Moreover, healthy kids meals and natural, premium, or gluten-free options, are driving menu development, while chefs are being inspired by street food as customers crave new flavours in small handheld portions.

This site uses Akismet to reduce spam. Learn how your comment data is processed.