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The Top 200 Canadian restaurant chains accounted for $27.8 billion in sales in 2012, comprising about 60 percent of Canada's total restaurant sales, according to Technomic's "Top 200 Canadian Chain Restaurant Report."
The top 200 chains experienced sales growth of 4.3 percent in 2012, according to Technomic. Additionally, unit growth jumped 2.5 percent to total 25,070 stores.
The Technomic report found limited-service chains accounted for 73.8 percent or $20.5 billion of total Top 200 sales and 85.8 percent or 21,509 units.
Sales increased 4.9 percent from the prior year and units increased 2.6 percent. The fastest growing limited-service categories were Asian, other beverages and coffee café — up 10.1 percent, 7.6 percent and 6.1 percent, respectively.
Full-service chains saw sales grow 2.5 percent to a total of $7.3 billion in 2012. Overall, full-service chains experienced unit growth of 1.6 percent for a total of 3,561. The full-service segment made up 26.2 percent of sales and 14.2 percent of Top 200 units.
"We continue to see solid growth within the foodservice industry," Darren Tristano, EVP of Technomic, said. "Organizations are adapting to consumer needs. We're seeing the Canadian foodservice landscape grow as ethnic influences and international competitors look to leave their mark."
Developed in partnership with Kostuch Media, select report findings include:
Read more about restaurant trends and statistics.
Topics: Trends / Statistics