Street stalls/kiosks performed better in 2021 than was previously expected in view of the steep decline in 2020 and the continuation of the pandemic. Outlet numbers began to rise again in 2021 and value sales made a good start on the road to recovery.
In Canada, street fairs and annual food festivals focusing on different cuisines (some traditional, some international) are gaining increasing popularity. Street fairs often have food trucks and street stalls operating side by side to serve food to hungry attendees.
With the support of the Government of Canada through the Regional Relief and Recovery Fund (RRRF), many street businesses are setting up their operations on digital platforms, which will help them to increase their revenues. As a result of the pandemic, many foodservice operators are looking to streamline operations and cut costs, including street stalls/kiosks.
Positive growth is forecast for street stalls/kiosks over the forecast period due to the popularity of this type of foodservice among Canadians. Operators will, however, be forced to maintain their focus on costs and streamlining of their business activity, particularly in view of rising inflation in the early part of the forecast period.
External competition may reduce as restaurants in a bricks-and-mortar model typically require greater capital investment and have higher operating costs and thus a higher chance of going out of business. Also, the rising prices in a restaurant setting provide street stalls and food trucks an opportunity to lure more customers by keeping competitive pricing.
Online ordering from street stalls/kiosks has risen as a consequence of the pandemic, with home delivery, albeit still very marginal, also gaining foodservice value share. In the forecast period, smaller food outlets will opt for a kiosk-type model wherein customers will be able to order only through a kiosk or mobile phone.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Street Stalls/Kiosks industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Street Stalls/Kiosks industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.See All of Our Definitions
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!