article thumbnail

Transforming Customer Experiences: Four Ways to Embrace Innovation in the Restaurant Industry

Modern Restaurant Management

trillion in sales by 2030 , leading to a continuous influx of new restaurateurs. Restaurants are exploring various entertainment forms, from live music performances and themed dinners to innovative concepts that seamlessly blend dining and drinking with interactive games and enjoyment. The industry is projected to reach $1.2

article thumbnail

Innovation, Cup by Cup: The Starbucks Sustainability Approach

Modern Restaurant Management

This change will directly contribute to the coffee chain’s 2030 sustainability goals to conserve water usage by 50 percent and achieve carbon neutral green coffee. My vision as a climate advocate and inventor-turned-entrepreneur is to create innovations that reduce environmental impact.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Vegan QSRs: What’s Next?

Modern Restaurant Management

According to Future Market Insights, the plant-based burger market is expected to register a staggering double-digit CAGR of 22 percent by the end of 2030. This, in turn, will help various QSRs to innovate with different ingredients and offer a wide variety of plant-based food products. Burger King’s All Vegan Menu.

2030 180
article thumbnail

2022: A Year of Transition for Restaurants

Modern Restaurant Management

Between 2023 and 2030, the industry is projected to add an average of 200K jobs each year, with total staffing levels reaching 16.5M "While recovery speed varies across the industry by segment, the constant innovation and sustained flexibility of restaurant operators are creating a new future for the restaurant industry.

2022 208
article thumbnail

The Restaurant of the Future

Modern Restaurant Management

The National Restaurant Association , in partnership with American Express and Nestlé Professional, released its 10-year outlook report on the projected state of the restaurant industry in 2030. trillion by 2030. The industry workforce will likely exceed 17 million by 2030. between 2018 and 2030. "The

2030 154
article thumbnail

The Evolution of Virtual Restaurants

Goliath Consulting

2 It is also predicted that the ghost kitchen segment could reach $1 trillion by 2030 with the increasing amount of automation and investment into the business. This segment will only continue to grow, giving restaurants time to develop new strategies, take on innovations, and increase their brand and profitability.

2030 97
article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Two

Modern Restaurant Management

While these tools have so far proven revolutionary as time-savers, the months ahead will reward innovation-minded restaurant leaders willing to go beyond these entry-level AI uses and find new ways to leverage it for improved customer engagement, back-end data processing and more.

2023 197