While labor shortages have plagued the restaurant sector, according to food consultancy Aaron Allen & Associates, up to 82% of restaurant roles could be replaced by robots. With automation, US fast-food companies are slated to save more than $12 billion in yearly pay, which should boost their profit margins. Dining out has become a lifestyle trend that is here to stay.
Moreover, according to Technavio's report, the global fast-casual restaurant market size is estimated to increase at a CAGR of 12.4% until 2026. Furthermore, amid the rising demand for online delivery services, ghost kitchens, also known as cloud/dark kitchens, are gaining traction. According to Euromonitor, the ghost kitchen business will be worth $1 trillion by 2030.
