B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
91%
91% -- sales decline rate for global restaurant industry (2020)
Global restaurant sales declined by 91% by the end of 2020 due to COVID-19 disruptions.
- Attributed to COVID-19 pandemic disruptions and closures
Lighthouse Research Team
Last verified:
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Evidence graded
Value
91%
Unit
Percentage
Data Vintage
2020
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
Source Article
Wine Market Size, Share, Trends & Growth Analysis By 2030
The global wine market size was valued at USD 417.85 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030.
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Wine is an alcoholic beverage made from the fermentation of grapes or other …
Methodology
Cited in market report; original source not identified
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
global restaurant industry: 91% sales decline rate. Source: (2020). Via Lighthouse Intelligence -- https://lighthousedata.io/data/restaurant-sales-decline-covid-2020
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<blockquote cite="https://lighthousedata.io/data/restaurant-sales-decline-covid-2020" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>91%</strong> -- sales decline rate for global restaurant industry<br><small>Source: (2020) · <a href="https://lighthousedata.io/data/restaurant-sales-decline-covid-2020" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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