The global foodservice industry experienced a 16% drop in company filings sentiment in Q1 2023 compared with the previous quarter, according to GlobalData’s analysis of over 104 foodservice company filings. GlobalData’s Foodservice Market analysis report provides an in-depth evaluation of the global foodservice market, including the key profit and cost sector metrics and issues impacting the market. Buy the report here.
Notably, in Q1 2023 the average sentiment dropped from 0.67 to 0.56, indicating a more negative outlook for the industry. This followed a 6% quarter-on-quarter increase in Q4 2022.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative or neutral. Starting at 100 in 2020, an index over 100 is more positive.
Top-5 companies by company filings sentiment in the global foodservice industry, Q1 2023 (Sentiment score)
For further understanding of GlobalData's Foodservice Market, buy the report here.