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Pizza Industry Analysis 2020 – Cost & Trends

in Inspiration, People
January 1, 2020
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In the United States, pizza is a passion. The taste, style and even the shape of pizza can be a point of local pride as fierce as that for any sports team. Chicago-style deep dish aficionados pit themselves against NY thin-crust lovers, California designer pizza fans and everyone else. Everyone claims to have the best pie and discussions get heated!

But despite these differences, everyone agrees that pizza is a food institution. It might be a cheap meal after a game, a date night, a weekly treat, a quick lunch, or even a breakfast. Americans eat a lot of pizza – on average 23 pounds each year!

And as you’ve probably noticed, there seems to be plenty of parlours, stands, restaurants, kiosks and counters peddling their own variety of pie. But despite the obvious availability of pizza nearly everywhere, extremely strong demand together with the evolving tastes of the American consumer provides ample opportunity for entrepreneurs – particularly for the franchisee.

Pizza by the numbers

The estimated North American growth rate for the pizza industry for the years 2014-16 is 2.35%, and the total number of stores is expected to increase by 2.35%, to 74.8 thousand.

Read the rest of this report here – https://www.franchisehelp.com/industry-reports/pizza-industry-analysis-2020-cost-trends/