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Analyst Opinions
Top Trends in Foodservice – Industry Insights
Reasons to buy the ‘Top Trends in Foodservice’ industry insight report: Analyze the global foodservice trends to understand the market better. Understand the key market players, foodservice operators, consumer needs, and behavior within the foodservice industry. Examine the trends explored in this research report including off-premise dining, social media-driven menus, adult beverage innovation, and tackling food waste. Explore the key trends that foodservice operators can tap to succeed in the foodservice market. How is our ‘Top Trends in Foodservice’ report...
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Analyst Opinions
Snacks Demand Spaces and Top Trends
Reasons to buy the ‘Snacks Demand Spaces and Top Trends’ report: Gain access to the most impactful snacking trends driven by emerging consumer behavior with the help of GlobalData's TrendSights Framework. Explore and identify how to leverage the top trends in snack demand spaces in 2024. Understand consumer attitudes and behaviors based on the "five Ws": the who, what, when, where, and whys. Understand how innovation programs, new product development, and new concepts and ideas fit into - or challenge...
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Analyst Opinions
Dessert Trends in Foodservice – Industry Insights
Dessert Trends in Foodservice Report Overview An appealing dessert menu can enhance a restaurant’s overall offering and contribute to its success in a competitive market. While desserts are not necessarily the primary driving force behind the success of a foodservice establishment, they play a vital role in shaping the overall dining experience. As consumer tastes become more diverse, there is an increasing demand for a variety of dessert options to cater to different preferences, dietary needs, and cultural influences. Therefore,...
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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, but barriers to commercialization are complex. Cultured meat is gaining more regulatory approval, however, the appeal of cultured meat among consumers is consequently low, but disruptive start-ups are beginning to turn the tide with innovative solutions. Moreover, consumers need to be educated on the benefits of cultured meat compared to other meat alternatives. For this purpose, technology must improve to align with consumer expectations...
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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 and continued until 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 are conducting meetings...
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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...