Home » Consumer Foodservice

237 posts categorized "Consumer Foodservice"

August 30, 2015

Korean Foodservice and Culture Enjoying Popularity in China

Kimchi-Banner

Listen as MP3

Korean culture and foodservice is gaining massive familiarity in China, boosted by the success of television shows such as “My Love from the Stars” and “The Heirs”. These shows, which are especially popular with young Chinese women, are sparking a new interest in Korean culture and creating a surge in Korean foodservice chains in China. In fact, some popular Korean television shows frequently film at coffee shops that have Chinese locations, fuelling demand. In the future, Korean foodservice and Korean-inspired menus will continue to perform well, but Chinese consumers are constantly seeking new experiences from different countries, so opportunities are wide open in the country.

Continue reading "Korean Foodservice and Culture Enjoying Popularity in China" »

August 28, 2015

Euromonitor to Speak at Fast Casual Executive Summit

Fast-Casual-Executive-SummitEvent Name: Fast Casual Executive Summit

Event Date: 10-19-15

Event Location: Miami, FL

Event Description:  Join the leaders and innovators of the fast casual segment for three days of networking and interactive sessions that will offer powerful insights to help
you grow your restaurant business.

Elizabeth FriendSpeaker: Sr. Analyst, Elizabeth Friend

Session Time: 4-5PM

Session Description: Beverage Smarts: Get in on the Artisan Trend - Restaurant operators large and small are capturing consumer hearts with artisan beverages that span the spectrum from soda and iced tea to beer, wine and milkshakes. Artisan beverages remain on the list of top trends in 2015 and show no signs of fading out anytime soon. Hear from consultants and operators on where the trend is going and how to do it right.

Event Link: http://fastcasualsummit.com/

August 25, 2015

Meat Consumption Trends in Asia Pacific, and What They Mean For Foodservice Strategy

Elizabeth FriendAnalyst Insight by Elizabeth Friend - Senior Consumer Foodservice Analyst

Asia Pacific is the largest foodservice region in the world, and understandably one of the most appealing expansion targets for international operators. However, the region is also highly diverse, encompassing countries that vary widely in income level, market maturity, demographics, foodservice spending, and dietary preferences. In particular, meat, fish, and seafood consumption habits are very different from market to market, ranging from India where many consumers are vegetarians, to Hong Kong, which has the highest per-capita combined meat and seafood consumption in the world in volume terms. Consumption habits are also changing quickly, meaning operators not only need to tailor their strategies specifically to each local market’s preferences, but they must also to be ready to adapt quickly as new preferences emerge.

Protein consumption habits vary by market 

Per Capita Meat, Fish, and Seafood Consumption by Market in 2014 (Total Volume)

Meat-1

Source: Euromonitor International

Continue reading "Meat Consumption Trends in Asia Pacific, and What They Mean For Foodservice Strategy" »

August 10, 2015

Doing Business in the Halal Market

The Muslim religion is the second largest and fastest growing religion in the world, with Muslim consumers expected to reach 26 percent of the global population by 2030.

Muslim consumers seek products that cater to their religious needs and comply with Islamic requirements: from halal production process to halal labelling and packaging. The lack of permissible offerings has led to a surge in demand, as Muslims grow hungry for trendy products and services adapted to their lifestyle.

Discover opportunities in this ever-expanding pool of consumers. Download our white paper today.

August 9, 2015

Changing Legislation on the Minimum Wage in the US and its Potential Impact on the Fast Food Industry

Fast-food-banner

Analyst Insight by Emily Balsamo - Research Analyst

Recently, a wage panel in New York State recommended that the minimum wage specifically for fast food chain restaurant workers be set at US$15 an hour by 2018 in New York City and by 2021 in the state. New York’s move to higher wages follows in the footsteps of Los Angeles, San Francisco and Seattle. Americans have become increasingly concerned about the social and governmental impact of the minimum wage, and fast food operators are central to the debate. Fast food companies will need to restrategise significantly in light of increased labour costs, to maintain both profits and a positive public image.

Public awareness of the issue

The issue’s prominence in the national consciousness was most apparent when nationwide protests and strikes occurred on 15 April 2015 – with 15 April being the day on which annual federal and state tax returns are due in the US. The “Fight for $15” campaign called for a US$15 per hour minimum wage for fast food workers and options for unionisation. Protests in 230 American cities centred on individual fast food establishments, as well as government buildings, with many fast food workers going on unofficial strike for the day. However, public awareness of the discrepancy between a living wage and the wages paid by fast food operators is not new. In 2013, McDonald’s released a highly publicised suggested budget for employees, which included income from a second full-job to fill basic financial needs. The budget outline has been seen as an admission by the company that surviving on a McDonald’s wage alone is not possible.

Continue reading "Changing Legislation on the Minimum Wage in the US and its Potential Impact on the Fast Food Industry" »

August 8, 2015

The Pace of the Restaurant Industry Moving Online

Foodservice-Podcast-Banner

Listen as MP3

In the past five years, restaurants have moved into the online space faster than originally expected due to technological saturation. Food delivery is growing exponentially and restaurants that wouldn’t normally offer delivery options can now make use of independent contractors who own their own vehicles. There are even restaurants opening with no physical storefront - the menu appears online only with food being ordered via an app or website and delivered directly to the consumer. In developed countries, having food prepared for consumers immediately is no longer for fast food chains, and we’ll see more of these online ventures moving forward.

Continue reading "The Pace of the Restaurant Industry Moving Online" »

August 4, 2015

QSR Media Conference 2015 - Ethical and Digital QSR

In July 2015, Euromonitor Analyst Erica Sirimanne lead panel discussions at QSR Media Conference on Ethical and Digital applications in the quick service restaurant industry utilising Euromonitor's Survey results and Economies and Consumers research.

Continue reading "QSR Media Conference 2015 - Ethical and Digital QSR" »

July 30, 2015

New Tea Concept in England Aims to Change Consumption Habits

Teapot-banner

Listen as MP3

“Brew” is a new concept currently undergoing crowd funding in England that could potentially change the way consumers drink tea. Although tea is heavily consumed in the country, much of that consumption is done in-home with tea bags. Brew aims to create a pub-like environment that puts the tea front and center, looking at new methods to brew loose-leaf tea.

Michael SchaeferPodcast features Michael Schaefer - Head of Beverages and Foodservice Research

View Michael Schaefer's profile on LinkedIn

July 29, 2015

Coffee a New Area of Focus for Australian Pubs

Julia-IlleraAnalyst Insight by Julia Illera - Research Analyst

View Julia Illera's profile on LinkedIn

Once anathema to drinkers, useful only for its supposed – now thoroughly disproven – sobering abilities, coffee has long moved in different circles to pubs in Australia.

Given the cross-category competition rife within the foodservice industry – fast food positioning itself against restaurants through the premium fast casual trend, specialist coffee shops branching out into breakfast and unexpected foodservice players looking to take market share from bars and pubs by selling alcohol – it shouldn’t come as a surprise that pubs in Australia would be considering diversifying their menus and appeal by offering an in-house and/or takeaway coffee option.

Indeed the lines between pubs and cafés, and even pubs and restaurants, are blurring as Australian pubs are increasingly embracing high-quality menus with a gourmet-yet-casual “cheap eat” theme. This is not restricted to midday and evening dining either; however, the real stumbling block for pubs hoping to attract the morning trade is that the brew of choice for early risers these days is more likely to be coffee rather than beer or a Bloody Mary.

Continue reading "Coffee a New Area of Focus for Australian Pubs" »

July 23, 2015

Super Premium Consumer Foodservice Chains Expanding into Japan

Sushi-banner

Listen as MP3

Super premium foodservice operators, which include coffee shops and bakery cafes, are expanding internationally and looking to Japan to take that first step. Many of these operators are creating an artisanal spin on concepts that are tried and true, and Japan is a natural step in their business plans. The country has been offering expertly crafted food and beverages at low prices for years, including noodle shops, bars, and other traditional formats. This makes premium concepts an easier sell for consumers in the country.

Continue reading "Super Premium Consumer Foodservice Chains Expanding into Japan" »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Korean Foodservice and Culture Enjoying Popularity in China

Euromonitor to Speak at Fast Casual Executive Summit

Meat Consumption Trends in Asia Pacific, and What They Mean For Foodservice Strategy

Doing Business in the Halal Market

Changing Legislation on the Minimum Wage in the US and its Potential Impact on the Fast Food Industry

The Pace of the Restaurant Industry Moving Online

QSR Media Conference 2015 - Ethical and Digital QSR

New Tea Concept in England Aims to Change Consumption Habits

Coffee a New Area of Focus for Australian Pubs

Super Premium Consumer Foodservice Chains Expanding into Japan