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Analyst Opinions
NewSnacks Demand Spaces and Top Trends
Snacks Demand Spaces and Top Trends Report Overview The concept of "demand spaces" has gained popularity among brands across the FMCG spectrum. Demand spaces are an iteration of the longstanding analytical mode based around the "five Ws:" the who, what, when, where, and whys of consumer attitudes and behaviors. These spaces are manifestations of different combinations of these factors that describe consumption occasions with audiences, product choices, purposes, locations, and so on. Overlaying distinctive demand spaces for each category onto...
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Analyst Opinions
Shrinkflation Versus Portion Control in Foodservice – Product Reformulation, Redesign, Strategic Adjustments and Value Perceptions
Shrinkflation Versus Portion Control in the Foodservice Report Overview Shrinkflation is a term used to describe when the size or quantity of a product is reduced, but the price remains the same or even increases. It can be a result of several factors, including rising production costs (such as raw materials, labor, or transportation), economic challenges, or a desire to maintain profit levels in a competitive market. Leading food service brands have reduced portion sizes to cut costs. Shrinking portion...
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Analyst Opinions
Future Prospects for Cultured Meat – Regulatory Approval, Challenges, Opportunities, Key Players and Case Studies
Future Prospects for Cultured Meat Report Overview Cultured meat (including cultivated and lab-grown) has huge potential and is gaining more regulatory approval. However, the cost, scalability, health, safety, sustainability, and ethics all fall short compared to other protein sources at present. For this purpose, Cultured meat must maintain momentum through promotion as the product that will fill the gap in the meat and meat alternatives market. The appeal of cultured meat among consumers is consequently low, but disruptive start-ups are...
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Analyst Opinions
Top 10 Street Food Influences on New Products and Menu Innovation
Top 10 Street Food Influences on New Products and Menu Innovation Report Overview Street food's popularity has increased in recent years, influencing many aspects of the food and food service industries. Street food has historically been a convenient food option for busy workers, but in the 21st century, it has become a more novel, high-quality format allowing street food to influence health, affordability, convenience, and sensory trends in food service channels and packaged food in retail. Street food is a...
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Analyst Opinions
Will Foodservice Win or Lose in the Game of Eat in or Go out?
Foodservice TrendSights Report Overview Many consumers prefer dining out compared to eating at home due to the superior quality of menu items. Food service providers need to find a balance between affordability and quality. This is because consumers are becoming more price-conscious but maintain expectations of the quality of menu items while dining out. The “Will Foodservice Win or Lose in the Game of Eat in or Go Out” research report analyzes trends explored on GlobalData's TrendSights Map. The consumer...
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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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Analyst Opinions
Strategies for High-End Restaurants and Fine-Dining during the Cost-of-Living Crisis
Strategies for High-End Restaurants and Fine-Dining during the Cost-of-Living Crisis Report Overview Fine dining has strong potential if it can adapt to inflationary pressure accordingly. Forecasts for fine-dining channel performance are positive overall as typical high-income clientele remain largely unaffected by the cost-of-living crisis. However, the post-pandemic, high-inflation, supply-chain-compromised landscape means that fine-dining operators will still have to adapt if they are to survive long-term. There has been stronger resistance in fine dining to advancements that are happening in other...
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Analyst Opinions
Generative Artificial Intelligence (AI) Powerplay: What’s in the Big Tech AI Playbook
Accessing the in-depth insight from the ‘Generative AI Powerplay’ report will offer you: Innovation Insights: Presents real-world innovation examples related to the generative AI products, models, hardware, and infrastructure by major technology companies across sectors. An understaning on how big tech companies are innovating in the generative AI space to gain competitive advantage. How is the 'Generative AI Powerplay' report different from other reports in the market? The report demonstrates how the major tech companies, primarily MAGMA, are competing for dominance...
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Analyst Opinions
Top Trends in Foodservice – Affordability, Digitalization, Health and Wellness, ESG and Demographics
Top Foodservice Market Trends Report Overview The COVID-19 pandemic has significantly impacted the foodservice industry from field to consumer. With extended lockdowns around the world, restrictions on social gatherings and on-premise dining, as well as disruptions to the supply chains, the industry witnessed one of the steepest drops in value in recent years. In early 2022 estimates, GlobalData forecast that the foodservice sector would recover and surpass its pre-pandemic value in 2022; however, Russia's invasion of Ukraine, inflation, and additional...
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