October 19th, 2016
In Q3 2016, the global economic outlook declined as mounting uncertainty in Europe, the UK and the US outweighed any boost from the BRICs. This quarter, fast moving consumer goods (FMCG) forecast growth revisions from Euromonitor International’s Industry Forecast Model generally point to marginal retail sales downgrades through 2020.
October 2nd, 2016
McDonald’s New Zealand maintained its leading position in fast food in 2015 through continuous innovations in both its menu offerings and digital customer engagement initiatives. The key driver of value growth for McDonald’s has been its introduction of a new gourmet burger bar called Create Your Taste, which allows customers to create their own burgers […]
September 25th, 2016
Australians’ expectations regarding the dining experience continued to evolve in 2015, with consumers becoming increasingly enthusiastic foodies and demanding new culinary experiences. As a response to this trend foodservice operators continued to innovate and experiment with formats, menus and concepts. Although most of the innovation was concentrated in standalone and retail locations, the trend was […]
September 23rd, 2016
The Brazilian market has faced many challenges this year, including an incredibly difficult operating environment and low consumer confidence in the midst of recession. Despite this, and while nearly all categories record declining value in constant terms, 100% home delivery/takeaway and the larger online ordering and delivery segment have emerged as rare centres of growth, […]
September 17th, 2016
Name: Fast Casual Executive Summit Date: October 9-11 Location: Dana Point, CA Link: http://fastcasualsummit.com/ Event Description: Now in its 11th year, the Fast Casual Executive Summit is a unique opportunity for everyone involved. Much more than “just another trade show,” it’s a chance for restaurant executives to get together in a casual work setting and […]
September 16th, 2016
In direct service to the more than 500,000 Filipino expatriates living and working in the United Arab Emirates, Jollibee opened its first outlet in the Dubai Mall in 2015, and has since expanded to four outlets across the market, with further openings planned. The fast food chain is much loved at home in the Philippines, […]
August 24th, 2016
Adding yet another layer of home delivery to foodservice, Amazon began testing Daily Dish, a lunch delivery service for work places, in July 2016. The service is only initially available to some office parks in the Seattle area, and is exclusive to Amazon Prime members.
August 18th, 2016
Euromonitor International was proud to open the panel session on the future of food at the QSR Detpak Conference 2016 in Sydney, Australia. In her presentation, Lily Lam revealed how changing lifestyles in Australia was fundamentally changing eating habits within the quick service restaurants (QSR) space.
August 12th, 2016
Pizza has never been hotter. A format that now represents nearly 5% of global consumer foodservice sales, pizza incorporates simple ingredients and benefits from simple preparation and cooking methods, and can be embellished with limitless varieties of sauces and toppings to co-opt local preferences. Pizza, therefore, is ideally suited for nearly universal appeal. Global chains […]
August 12th, 2016
Driven by a sudden rise in so-called “hon-bap people,” a Korean buzzword describing people that opt to dine alone (hon-alone, bap-meal), foodservice operators in South Korea are adopting formats and menu offerings that better accommodate this increasingly important consumer group and to drive sales. Dining alone has not only become socially acceptable in South Korea, […]