Buoyed by a stable, growing economy and low unemployment, IFMA projects the industry will grow 0.9% in 2024. 

All three locations are expected to open in late fall 2023.

Indulgence will take on a new meaning, with younger consumers in particular seeking unconventional "mashups" of food and drinks they grew up with in combination with emerging new flavors from other regions.

Sysco reported Q4 sales of $16.1 billion, an increase of 82.0% year-over-year. Gross profit also rose 86.2% during that time to $2.9 billion, reflecting the current rebound of foodservice as pandemic restrictions were gradually lifted throughout 2021. The overall numbers for fiscal year 2021 show a decrease in sales (-3%) and profits (-5.5%), since foodservice was still struggling to come back from Q1 to Q3 due to shutdowns for most of 2020.

Hood, the leading dairy brand in New England, has teamed up with Boston-based brand, Wahlburgers, to celebrate National Ice Cream Month and Ice Cream Sandwich Day this summer. Throughout National Ice Cream Month in July, customers who dine in and purchase a Wahlburgers kids’ meal will receive a free Hood Birthday Cake Mini Ice Cream Sandwich.

US Foods has launched Tender by Design, a revolutionary process by which frozen beef can now be just as high quality and tender as fresh. The proprietary Tender by Design process gives operators access to high-quality steaks year-round at a competitive price and allows for easier inventory and portion control to respond to the ebb and flow of restaurant traffic. Tender by Design is being introduced under the company’s well-known Stock Yards brand. The launch includes 6-, 8- and 10-ounce half-faced center-cut choice top sirloin steaks and an 8-ounce baseball cut choice top sirloin steak.

Kellogg's is expanding their existing partnership with Sodexo to deliver plant-based Incogmeato by MorningStar Farms Burger Patties at more than 3,000 locations. Sodexo, a leading provider of catering, hospitality and food retail services, already serves the Spicy Black Bean Burger by MorningStar Farms. The company is excited to meet the increasing demand for both plant-based and meat-like options.

US Foods has launched its latest Summer Scoop, focused on the theme of “Dining Out Is In Again”, with 18 on-trend, versatile, profit-driving products designed to reduce back-of-house preparation and skilled-labor demands.

 The Very Good Food Company announced a partnership with Copper Branch, the world’s largest 100% plant-based quick service restaurant chain with 40 locations across North America. Starting this summer, Copper Branch will make products from Very Good’s signature plant-based protein brand, The Very Good Butchers, available to customers, initially in branded freezers in select Canada locations.