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, […]
August 8th, 2016
Carbonates sales have been declining in many developed markets including the US, Germany, and Italy as consumers shift to healthier beverages. Yet demand for premium craft soda has been rising among millennials. The rise of premium soda has been occurring concurrently with the rise of fast casual restaurants that use higher quality ingredients. Fountain volume […]
July 31st, 2016
Growth of a café culture was unfettered throughout 2015, as consumers became increasingly sophisticated in their preferences, resulting in a positive impact on value sales of hot drinks.
July 26th, 2016
McDonald’s decision to move from a wholly-owned to development licensee model for Singapore and Malaysia. Wholly owned and franchised models each have their own merits and disadvantages. Both models are profitable. Nonetheless, franchise models leverage on other companies’ resources. This strategy might help McDonald’s to become more aggressive in opening outlets, particularly in Malaysia. In […]
July 26th, 2016
Turbulent market conditions in Brazil have been particularly challenging for foodservice operators. The price of raw goods has increased, making it more difficult for operators to afford even basic ingredients, and taxes have spiked to help the government battle an extreme budget deficit.
July 19th, 2016
Consumer Foodservice outlets are launching ‘mashup snacks’ at a high rate – such as the recently launched “mac and cheetos” from Burger King. Foodservice operators are willing to do almost anything to get customer’s attention, and are targeting the time outside of normal meal hours when launching these types of products. Additionally, operators are hoping […]
July 15th, 2016
On-site at the National Restaurant Show 2016, Euromonitor International explores the many uses of technology in foodservice. In this video, Euromonitor highlights ways in which foodservice operators are using technology to enhance operational efficiency and maintain profitability in the face of rising labour costs, rising rents, and price inflation. YouTube