Can the Restaurant Sector Thrive Despite Inflation? | Restaurant Trends

In this video, Carl Jacobs, CEO of Apicbase, sits down with Maria Castroviejo, Senior Analyst for Food and Agribusiness Research at Rabobank, to explore the pressing question: "Can the Restaurant Sector Thrive Despite Inflation?"

This video explores the current challenges restaurants face due to rising inflation and the shifting patterns in consumer behavior.

Maria explains that the restaurant sector is experiencing a mix of both positive and negative trends. One notable shift is trading down on restaurants, where consumers are opting for more affordable options when dining out.

Despite these economic challenges, certain sectors of the food industry have continued to thrive. For example, pizza delivery services performed exceptionally well between 2020 and 2022, as more people turned to comfort and convenience during the pandemic.

However, Maria emphasizes that the impact of inflation on restaurants varies widely depending on the location and customer base. In some regions, dining establishments have managed to maintain stable traffic, while others have struggled with changing consumer habits.

This video is a must-watch for restaurant owners, managers, and anyone interested in:
Restaurant Business
Restaurant Business Development
Restaurant Management
Restaurant Growth
Restaurant Trends
Restaurant Growth Strategies

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