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200 posts categorized "Consumer Foodservice"

October 28, 2014

Store Visit: Paul Bakery in Singapore Exemplifies the Rise of the Modern French Bakery Concept

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All photos by Euromonitor International

The specialist coffee shop segment has grown to become highly popular in many Asia Pacific markets, as young, urban consumers are attracted to their indulgent baked goods, hot coffee or tea, and social atmosphere. This has meant rapid growth in the region for specialist coffee shops as a category, at 14% value growth in 2013, but it has also led to fierce competition particularly in premium locations.

This competition has led to a need to differentiate, causing operators to think beyond the Starbucks-led coffee and espresso model and find different ways to pair the third-place benefits of modern coffee shops with various cuisines and concepts. One such resulting trend is the rise of the French bakery café, a niche that has gained popularity in higher-income markets such as South Korea and Singapore. These outlets pair the premium atmosphere and sleek, modern décor of a specialist coffee shop with the menu and service model of a more traditional café, offering consumers a more luxurious drinking and snacking experience that serves a wider variety of dining occasions. Paul bakery exemplifies this trend, combining a traditional French ambience with more modern amenities that appeals to high-income locals, European expats and tourists alike. Euromonitor visited an outlet in Singapore to get a better sense of the format’s key benefits and appeal:

Continue reading "Store Visit: Paul Bakery in Singapore Exemplifies the Rise of the Modern French Bakery Concept" »

October 16, 2014

Rapid Growth Ahead: Trends and Opportunities in Latin American Foodservice

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Latin America is one of the world’s best regions for long-term opportunities in chained foodservice. This webinar will help attendees gain a better understanding of Latin America’s current foodservice landscape, as well as the trends that will continue driving growth in the region over the next five years.

Watch the recorded webinar now to learn:

  • Which international players have been most successful in Latin America and why
  • The region's fastest-growing categories, concepts and local players
  • How economic conditions and changing consumer preferences are affecting foodservice spending

 

Recording

 

Continue reading "Rapid Growth Ahead: Trends and Opportunities in Latin American Foodservice" »

October 13, 2014

Webinar Wrap-up - Rapid Growth Ahead: Trends and Opportunities in Latin American Foodservice

Senior Consumer Foodservice Analyst Elizabeth Friend answers post-webinar questions about the parallel growth of indulgence chains such as fast-food burgers and the health and wellness movement.

October 12, 2014

Consumer Lifestyles in Pakistan: Consumers Clamour for US-Style Fast Food

Jennifer ElsterAnalyst Insight by Jennifer Elster - Consumer Lifestyles Manager

View Jennifer Elster's profile on LinkedIn

It is safe to say that, in recent years, political relations between the governments of the United States and Pakistan have been characterised by mutual feelings of mistrust, fuelled by numerous incendiary statements and high-tension incidents. Despite this, however, it appears that hungry diners in both countries have put aside whatever differences and doubts the politicians may have and have instead forged a bilateral approach to consuming American-style burgers and chicken. Indeed, Pakistani consumers have crowned US branded fast food king in major cities from Karachi to Lahore.

In a recent report on dawn.com, Samiullah Mohabbat, who recently brought the US franchise Fatburger to Karachi, said that when it comes to fast food, “American is best,” adding that his US$5.50 burger is the “perfect antidote” to the country’s troubles. “Food is the only entertainment in Pakistan,” he said. “People are certainly frightened because of the law and order situation, so they don't go anywhere except food outlets”.

Continue reading "Consumer Lifestyles in Pakistan: Consumers Clamour for US-Style Fast Food" »

October 5, 2014

Brazil Joins the Ranks of Markets Where Malls are Driving Chained Foodservice Growth

ElizabethFriendAnalyst Insight by Elizabeth Friend - Senior Consumer Foodservice Analyst

Shopping malls in Brazil have become gathering places that operate as community centres, leisure hangouts and shopping and dining destinations, making their restaurant locations some of the most sought after in the country. With this cultural development has come incredible demand for new malls, with at least 450 now open in the country and 150 more on the way by 2015. As a result, malls have emerged as local centres of growth and innovation in foodservice, with operators relying on their high-income clientele and highly visible locations to help launch and expand premium foodservice concepts.

This has created an opportunity for operators, who gain easy access to a built-in traffic flow of affluent consumers looking for premium dining experiences, but it has also added a new wrinkle to competitive dynamics in the market. Competition for prime locations is high, and success in the market now hinges not only on designing a concept that appeals to local consumers, but also on gaining the right placement in the right mall.

Continue reading "Brazil Joins the Ranks of Markets Where Malls are Driving Chained Foodservice Growth" »

October 4, 2014

Retailing Brands Opening Cafes

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In the fierce competitive environment in retailing industry Hong Kong, retailers are seeking new strategies to fit the lifestyles of modern consumers trends in Asia. To entice consumers’ appetite, MUJI recently  launched a new café attached to their retail outlet in June 2013 known as MUJI Café & Meals. Located at one of the prime districts in Causeway Bay, MUJI Café & Meals complements the existing retail store with a self-service outlet serving Japanese dishes. This form of diversification brings about novelty, create excitement as well as showcases its home furnishing and packaged food products. It is expected that more retail owners to move towards infusing culinary elements into their portfolio to keep their brands relevant and successful in the market.

 

September 28, 2014

Las 4 tendencias principales en la industria de Foodservice de Latinoamérica

Según datos de Euromonitor International, el mercado de Consumer Foodservice en Latinoamérica alcanzó ventas por casi US$300 mil millones en 2013 y la región es una de las de más rápido crecimiento a nivel mundial. En nuestra investigación más reciente sobre la industria en Latinoamérica, identificamos 4 tendencias globales que de alguna manera han afectado al mercado regional. Las tendencias que involucran innovación, servicio y estilo de vida son claves para la estrategia de crecimiento de las empresas del sector, para quiénes es imprescindible entender los factores que se encuentran detrás de este importante crecimiento.

September 27, 2014

Demand for Convenience in Foodservice Sparks Internet Retailing Sector in Norway

Foodservice-Podcast-Banner

featuring Heidi Resset, Research Analyst

Home delivery foodservice orders saw a 4% increase in value terms in 2013, but less than 1% of grocery sales occur online in Norway. Online sales growth is driven by ease of use of technology and recipe subscription services but true growth and changing consumer behavior will take time.

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Listen in Norwegian

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Move Over, Better Burgers: Better Pizza is Here, and It's About to Take Off

ElizabethFriendAnalyst Insight by Elizabeth Friend - Senior Consumer Foodservice Analyst

The US restaurant world has been rumbling about better pizza for a few years now, but the trend is nearing a tipping point. With better burgers speeding toward its apex, forward-looking fast casual consumers are looking toward the next big culinary trend, and better pizza seems poised to take up the mantle. These chains aren’t just fast casual pizza chains, they’re artisanal, usually wood-fired and Neopolitan-style pizza concepts that emphasise a fresher, healthier positioning and a whole new kind of pizza dining occasion. They’re customisable and flexible, with strong branding and a focus on ingredients, and they’re spreading quickly across the US with high potential for international expansion over the long-term.

Quick, customisable, and premium

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 800 Degrees' assembly line ordering system is paired with a gourmet, wood-fired pizza preparation

Image by Flickr user LWYang

Continue reading "Move Over, Better Burgers: Better Pizza is Here, and It's About to Take Off" »

September 25, 2014

Consumer Foodservice en Latinoamérica: ¿Cómo aprovechar el rápido crecimiento esperado para la industria?

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¡No te pierdas nuestro próximo webinar en inglés acerca de la industria de Consumer Foodservice en Latinoamérica!

Consumer Foodservice en Latinoamérica: ¿Cómo aprovechar el rápido crecimiento esperado para la industria?

América Latina, se está llevando todas las miradas al perfilarse como uno de los mercados que ofrece mayores oportunidades de largo plazo para cadenas de foodservice. Esta presentación ofrece una visión del estado actual de la industria en América Latina así como las principales tendencias, el panorama competitivo y las perspectivas para las cadenas multinacionales que buscan hacer crecer su presencia en la región.   Regístrate-ahora

Continue reading "Consumer Foodservice en Latinoamérica: ¿Cómo aprovechar el rápido crecimiento esperado para la industria? " »

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Recent Posts

Store Visit: Paul Bakery in Singapore Exemplifies the Rise of the Modern French Bakery Concept

Rapid Growth Ahead: Trends and Opportunities in Latin American Foodservice

Webinar Wrap-up - Rapid Growth Ahead: Trends and Opportunities in Latin American Foodservice

Consumer Lifestyles in Pakistan: Consumers Clamour for US-Style Fast Food

Brazil Joins the Ranks of Markets Where Malls are Driving Chained Foodservice Growth

Retailing Brands Opening Cafes

Las 4 tendencias principales en la industria de Foodservice de Latinoamérica

Demand for Convenience in Foodservice Sparks Internet Retailing Sector in Norway

Move Over, Better Burgers: Better Pizza is Here, and It's About to Take Off

Consumer Foodservice en Latinoamérica: ¿Cómo aprovechar el rápido crecimiento esperado para la industria?