In the US, the ultrafast delivery industry has failed to sustain the momentum it appeared to have on its side just a few months ago, and many competitors within the space now see that their prospects for rapid growth have dimmed.
The National Restaurant Association Show brings together professionals from across the foodservice industry to present new ideas and showcase product innovations. In its first iteration since the onset of the COVID-19 pandemic, the 2022 show in Chicago showcased pandemic era solutions alongside forward-looking innovations.
The National Restaurant Association (NRA) Show took place in Chicago from 21-24 May 2022. As the foodservice industry recovers from the challenges of the pandemic, companies are focused on innovation to drive business. The show hosted attendees from around the world and featured the latest developments in food, drinks, packaging, and technology for the restaurant industry. Euromonitor International analysts attending the show observed several key trends driving innovation.
From Mexico to Berlin and from Barcelona to Thailand, Canada will be essential not as a flower exporter but as an exporter of cannabis expertise, insights and know-how for a world finally getting ready to embrace change.
With inflationary pressures remaining strong so far in 2022 due to a variety of cost-push and demand-pull factors, it is vital for companies to carefully track how prices and availability are changing in core markets. Building various baskets of consumer goods can reveal how inflation and availability are faring across markets and help companies prioritise pricing and supply chain strategies.