Mcdonalds Npv Projects
[February 3 2011]
Analysis of the future |
Fast-Food industry
The fast food industry in Canada is like no other in the world. Canada has long been a country of indulging and not caring about consequences. Stats Canada published that in 2004, 23.1% of the Canadian population was overweight. It has also been noted that the obesity rate seen a sharp increase during 1978 to 1980. The fast food industry did begin in the early part of the 1950’s, but didn’t truly take off till the 1980’s. In around the 1980’s the use of intercom communication started to gain interest for the use of Drive-thru windows, and during this same time obesity started to climb. The fast food industry has exploded in the last ten years, mainly because more Canadians are stating they don’t have enough time to cook. The average preparation time of a meal in Canada has declined from 44 minutes in 1996 to just 21 minutes in 2004. As we as a country become more and more fast paced. The Fast-Food industry gains more and more appeal. As the times change so do our choices, and more Canadians are looking for healthier choices while living a fast paced life. In 2008 the three most commonly visited restaurants in Canada were McDonalds, Tim Hortons, and Subway. Subway is growing rapidly in Canada because of its convenience and somewhat healthier choice in diet.
Food Service Industry Sale Overview
As of 2008, there were 20,248.4 full service restaurants in Canada and 10,525.0 Restaurants with limited service with the total commercial foodservice restaurants (including institutional foodservices, retail foodservices, and other foodservices) totaling 58,904.02 in the Canadian marketplace (Ministry of Agriculture Food & Rural Affairs).
Food Expenditure in Canada Overview (all stats from Food Expenditure in Canada 2001 published by Statistics Canada):
2001 households spend an average of $124 per week on food in stores or restaurants. 60% of this was in table-service restaurants compared to 25%
Analysis of the future |
Fast-Food industry
The fast food industry in Canada is like no other in the world. Canada has long been a country of indulging and not caring about consequences. Stats Canada published that in 2004, 23.1% of the Canadian population was overweight. It has also been noted that the obesity rate seen a sharp increase during 1978 to 1980. The fast food industry did begin in the early part of the 1950’s, but didn’t truly take off till the 1980’s. In around the 1980’s the use of intercom communication started to gain interest for the use of Drive-thru windows, and during this same time obesity started to climb. The fast food industry has exploded in the last ten years, mainly because more Canadians are stating they don’t have enough time to cook. The average preparation time of a meal in Canada has declined from 44 minutes in 1996 to just 21 minutes in 2004. As we as a country become more and more fast paced. The Fast-Food industry gains more and more appeal. As the times change so do our choices, and more Canadians are looking for healthier choices while living a fast paced life. In 2008 the three most commonly visited restaurants in Canada were McDonalds, Tim Hortons, and Subway. Subway is growing rapidly in Canada because of its convenience and somewhat healthier choice in diet.
Food Service Industry Sale Overview
As of 2008, there were 20,248.4 full service restaurants in Canada and 10,525.0 Restaurants with limited service with the total commercial foodservice restaurants (including institutional foodservices, retail foodservices, and other foodservices) totaling 58,904.02 in the Canadian marketplace (Ministry of Agriculture Food & Rural Affairs).
Food Expenditure in Canada Overview (all stats from Food Expenditure in Canada 2001 published by Statistics Canada):
2001 households spend an average of $124 per week on food in stores or restaurants. 60% of this was in table-service restaurants compared to 25%