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    Home > Food News > Food Articles > The U.S. catering industry is recovering from difficulties, and the market will be full of challenges in 2022

    The U.S. catering industry is recovering from difficulties, and the market will be full of challenges in 2022

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    According to the National Hotel Association (NatioAccording to the latest survey data of the nal Restaurant Association, the epidemic situation in the United States is still repeated.
    The pressure on the supply chain caused by the Omicron mutant strain will add a lot of uncertainty to the market, and the catering industry will continue to recover amidst difficulties
    .
     
    Starting in 2022, dozens of large seafood restaurants will open one after another
    .
    From July to November 2021, the sales revenue of registered catering companies increased by 2.
    3% to 73.
    7 billion U.
    S.
    dollars, and the average price of catering menus increased by 2.
    4%
    .
    As of December 2021, more than 50% of adult consumers indicated that they would not prefer to eat in restaurants, and about 6% of consumers believe that the current catering market has returned to the level of January 2020 (before the epidemic)
    .
     
    In 2020, approximately 110,000 restaurants and beverage stores across the United States announced temporary or permanent closures, and catering revenue fell by US$240 billion to US$899 billion
    .

     
    However, in the past four months (August-November), the catering industry added 44,000 jobs every month, and the industry added 200,000 jobs every month in the first 7 months of this year
    .
    The catering industry has employed more than 800,000 workers, which is 6.
    1% lower than the peak period before the epidemic in February 2020
    .
     
    At the same time, restaurants are also affected by supply chain disruptions
    .
    A survey conducted in November 2021 showed that 96% of catering operators encountered delays or shortages in the supply of critical food or beverages, and as many as 75% of them adjusted their menus and prices
    .

     
    The profit margin of the catering industry has declined due to rising food costs
    .
    As many as 80% of respondents said their profit margins were lower than before the epidemic, and only 8% of merchants said their profit margins had increased
    .
    Seventy-five percent of respondents expect that profitability will not improve in 2022, and one-third of respondents expect profits to decline further
    .

    RestaurantEpidemic Supply Chain Catering
     
    Starting in 2022, dozens of large seafood restaurants will open one after another
    .
    From July to November 2021, the sales revenue of registered catering companies increased by 2.
    3% to 73.
    7 billion U.
    S.
    dollars, and the average price of catering menus increased by 2.
    4%
    .
    As of December 2021, more than 50% of adult consumers indicated that they would not prefer to eat in restaurants, and about 6% of consumers believe that the current catering market has returned to the level of January 2020 (before the epidemic)
    .
     
      In 2020, approximately 110,000 restaurants and beverage stores across the United States announced temporary or permanent closures, and catering revenue fell by US$240 billion to US$899 billion
    .

     

      However, in the past four months (August-November), the catering industry added 44,000 jobs every month, and the industry added 200,000 jobs every month in the first 7 months of this year
    .
    The catering industry has employed more than 800,000 workers, which is 6.
    1% lower than the peak period before the epidemic in February 2020
    .
     
      At the same time, restaurants are also affected by supply chain disruptions
    .
    A survey conducted in November 2021 showed that 96% of catering operators encountered delays or shortages in the supply of critical food or beverages, and as many as 75% of them adjusted their menus and prices
    .

     
      The profit margin of the catering industry has declined due to rising food costs
    .
    As many as 80% of respondents said their profit margins were lower than before the epidemic, and only 8% of merchants said their profit margins had increased
    .
    Seventy-five percent of respondents expect that profitability will not improve in 2022, and one-third of respondents expect profits to decline further
    .
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