CHICAGO — The Top 200 Canadian restaurant chains accounted for $27.8 billion in sales in 2012, showing 4.3-per-cent growth in 2012, reports Technomic, a Chicago-based research firm.
“We continue to see solid growth within the foodservice industry,” said Darren Tristano, EVP of Technomic. “We’sre seeing the Canadian foodservice landscape grow as ethnic influences and international competitors look to leave their mark.
Further expansion of U.S.-based Five Guys Burger and Fries, Panera and Chipotle into Canada will strengthen some of the country’s smaller clusters like limited-service bakery café and Mexican.”
Technomic’s updated Top 200 provides a summary of the Top 200 Canadian chain restaurant brands by 2012 sales. According to the report:
- Tim Hortons maintained its top spot on the list with Canadian sales of $5.9 billion in 2012, up 6.2 per cent from 2011. McDonald’s ($3.8 billion) and Subway ($1.6 billion) followed.
- The largest limited-service categories, in terms of total 2012 sales, included “coffee café” ($7.6 billion), “burger” ($6.1 billion) and “other sandwich” ($2.2 billion).
- The largest menu categories among full-service chains in terms of sales were ones with a varied menu ($4 billion), family style dining ($1.5 billion) and steak ($584.4 million).
And, there will be more industry analysis on Oct. 22 at Technomic’s annual Canadian Restaurants Trends & Directions Conference in Brampton, Ont. Additional details are available online.