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Analyst Opinions
Advanced Biometrics – Emerging Trends and Technologies in Authentication
Advanced Biometrics Trend Analysis Report Overview Biometrics is the practice of using unique physical or behavioral traits for identification and authentication purposes. Its usage has been increasing day by day. Fingerprint recognition, voice recognition, facial recognition, palm recognition, iris recognition, and behavioral biometrics are some of its key modalities. For instance, iris recognition is often used in high-security applications such as border control and access to secure facilities. The "Advanced Biometrics - Emerging Trends and Technologies in Authentication" report offers...
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Analyst Opinions
Impact of Hybrid Working on the Lunchtime Occasion – Demand Spaces of the Weekday Lunch Continue Evolving Post Pandemic
Impact of Hybrid Working on the Lunchtime Occasion Report Overview Many consumers have taken up working from home from the beginning of 2022 to 2023. While hybrid working is now a long-term effect of the pandemic, this poses a challenge for food and food service brands attempting to manage shifting demands, particularly around the lunchtime occasion. Restaurants in major cities with business districts are struggling to stay open as an increasing number of office workers conduct meetings over video calls,...
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Analyst Opinions
How can QSRs Continue to Offer Health-Conscious Offering while Satisfying the Need for Affordable Convenience?
QSR Channel Report Overview Health has become of utmost importance, more so since the COVID-19 pandemic. It has considerably impacted the value chain of the fast-food industry. According to GlobalData's Company Filings Analytics, positive sentiment mentions of the health & wellness theme from QSRs increased significantly between 2020 and 2021. To meet healthier lifestyle expectations from consumers, restaurants have been revisiting their formulation and marketing strategies. Major players in QSR such as Domino's have continued prioritizing efficiency and affordability, but...
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Thematic Analysis
Impact of the Metaverse on Foodservice – Thematic Intelligence
Metaverse in Foodservice Industry Thematic Intelligence Report Overview Customer engagement is expected to drive metaverse investment in the foodservice industry in the coming years. Although eating cannot be automated, several fast-food chains have proven the power of this technology, entering the market with skillful advertising and customer engagement strategies. For instance, most of the foodservice use cases involve gamification whose rewards can be then redeemed for real food in restaurants. Food brands leverage the metaverse to foster their relationship with...
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Analyst Opinions
Blurring Channel Boundaries in the Foodservice Industry – Analyzing Consumer Insights, Trends, Sustainability and Case Studies
Channel Boundaries in the Foodservice Market Report Overview Foodservice providers are exploring alternative channels to reach a wider audience, these include changing operations to suit shopping arcades and other urban settings. Brands are even exploring product diversification opportunities and reaching wider audiences with offerings such as groceries and apparel. Moreover, the COVID-19 pandemic has resulted in changes in consumer behavior who now prefer spending more time at home rather than eating out, giving rise to a demand for non-traditional foodservice...
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Track & Monitor
Foodservice Quarterly Market Monitor – Overview, Consumer Sentiment, Trend Analysis and Forecast, Q3 2022 Update
The foodservice market size was valued at $3,364.55 billion in 2021. The market was significantly impacted by the COVID-19 pandemic and the Ukraine conflict, but operators are likely to adapt to the new market landscape in the coming years. The threat of recession remains and industry performance will rely heavily on consumers overcoming inflationary pressures. The foodservice market research report is a quarterly report that looks at recent developments in foodservice globally.
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Thematic Analysis
Circular Economy in Foodservice – Thematic Intelligence
The circular economy is a complex and wide-ranging structural concept that advocates an efficient and environmentally friendly approach to consumption. Its implementation corresponds with better economic stability through resource security and new business and employment opportunities from an expanding industrial sector. The circular economy is now a core component of the EU's 2050 Long-Term Strategy to achieve a climate-neutral Europe and of China's five-year plans. The circular economy advocates for the elimination of waste and pollution and the reusing and...
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Consumer Insights
The Changing Face of Fast Food – Analyzing Consumer Insights on Eating Experience, Food and Sustainability
In the last years, quick service restaurants have started to shed their image of serving “junk” food by adopting technology to streamline their process. Influenced by the low footfall in their outlets, due in part to the pandemic, fast food brands have opted for digitalization to stay in touch with their consumer base. The long-term changes in consumer behavior are pressuring fast food brands to be more environmentally and socially responsible and bring forth innovation. Digitalization and automation are key...
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Analyst Opinions
Restaurant Experiences Post-COVID-19 – Dining Out is likely to be Reviewed, Refreshed, or Completely Re-Imagined after the Pandemic – Foodservice Insights and Trends
Dining out is likely to be reviewed, refreshed, or completely re-imagined after the pandemic. The hospitality industry was among the hardest hit by the COVID-19 pandemic, as governments worldwide imposed business restrictions and stay-at-home orders to stop the spread of the virus. The trends and examples included in this report apply specifically to on-premise dining experiences, distinct from off-premise occasions such as takeout and delivery. The report includes surveys that answer the following questions: