IFMA Releases Industry and Segment Forecast for Food-Away-From-Home
Buoyed by a stable, growing economy and low unemployment, IFMA projects that the FAFH industry will grow 0.9 percent, on a real basis, in 2024.
- Buoyed by a stable, growing economy and low unemployment, IFMA projects that the FAFH industry will grow 0.9 percent, on a real basis, in 2024.
- The forecast models were created in conjunction with Datassential, a leading foodservice research firm, and validated by operators from the IFMA Foodservice Leadership Councils.
- "It's important that decision-makers across our industry keep up-to-date on projected growth rates and segment data," said IFMA President & CEO Phil Kafarakis.
- IFMA will update this forecast in early August 2024, in conjunction with its Virtual Marketing & Sales Conference.