Food & Beverage Industry Report 2024

Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities.

Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

This year, labor shortages and operational efficiencies have emerged as two key areas of concern, amongst many other insights we’ve gleaned from our comprehensive data collection. To equip you with the necessary information to navigate this competitive landscape, read on for a detailed look at what’s driving the U.S. restaurant sector forward in 2024.

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