City Growth Engines in Foodservice – Thematic Intelligence
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
City Growth Engines in Foodservice Thematic Overview
Consumer attitudes and habits are affected by lifestyles in the city, requiring societies to adapt to new demographics and behaviors. Young generations’ digital nativism, diversity, and multiculturalism also affect societal change. Additionally, urban societies have been significantly affected by the COVID-19 pandemic, forcing changes in urban consumer behavior. Additionally, other issues such as digitalization creating ‘smart cities’ and inner-city gentrification, climate change, and social unrest affecting urban dynamics.
In the current scenario, the foodservice industry must adapt to an environment where historical comfort zones of operation are being replaced with more digitally driven, convenient, and geographically decentralized demand (e.g online home delivery ordering and remote working diminishing the relative importance of city center locations versus suburban ones).
The City Growth Engines in Foodservice thematic intelligence report assesses how big data analytics and AI, combined with other emerging technologies, can be used across the foodservice value chain. It provides an overview of the current landscape, as well as key players, while also highlighting opportunities for the use of the digital ecosystem in the future. The report provides an industry-specific analysis based on GlobalData databases and surveys.
City Growth Engines in Foodservice – Key Trends
The main trends shaping the city growth engines’ theme in the foodservice context over the next 12 to 24 months are classified into four categories: technology trends, macroeconomic trends, regulatory trends, and consumer trends.
- Technology trends: Some of the key technology trends impacting the theme are online ordering and urban choice, automation of home delivery, robotics, and application of AR and VR.
- Macroeconomic trends: Urbanization and reverse urbanization are the key macroeconomic trends impacting the city growth engines in foodservice theme.
- Regulatory trends: Safeguarding citizens’ data and reaching zero-emissions targets implemented by COP26 are part of the regulatory trends impacting foodservice.
- Consumer trends: Some of the key consumer trends impacting the theme are grab-and-go optimization, social & environmental responsibility, and the application of digital tools. Consumers are also looking forward to both global and local experiences when it comes to the foodservice market.
City Growth Engines in Foodservice – Industry Analysis
Cities’ roles as growth engines in society have been reinforced by the digitalization that has started to transform them into smart cities. This transformation has embedded the technologies that shape consumers’ digital lifestyles into the urban environment. However, the pandemic disrupted the natural rhythm of cities, creating a need to reboot them for the ‘new normal’. Hence, work, education, and socializing were forced online, changing transportation and energy consumption habits. Business disruption was widespread and concentrated in the urban setting where daily life was hampered for months. Cities that learnt from the pandemic will become more resilient, and those that do not will remain vulnerable. This applies for businesses too. For foodservice, decentralization post-COVID is inevitable, with chains needing to track the potential rise of suburbs and potential weakening of city centers’ gravitational pull, and service a more geographically distributed consumer base.
The City Growth Engines in Foodservice industry analysis also covers:
- Market size and growth forecasts
- Use cases
- Mergers and acquisitions
- City growth engines timeline
City Growth Engines in Foodservice - Value Chain Analysis
The city growth engines value chain consists of consumer drivers and brand & product attributes. It also includes other themes such as target launches, reactive innovation, and lifestyle and cultural influences among others.
Consumer Drivers: Currently, there is a growing interest in locally produced products to reconnect and support local communities. Within foodservice, this has translated to further appeal for businesses that openly source ingredients and produce locally. This is a positive selling point concerning support for local economies, but also in terms of shortening supply chains. Furthermore, large cities can foster technology and knowledge hubs by attracting the best talents and offering the best salaries. While urban areas continue to afford new opportunities to employees and businesses, they are increasingly split between wealthy, high-skill knowledge workers and low-paid service workers. New ways of urban planning aim to improve the opportunities and livelihoods available to those living in cities.
City Growth Engines Value Chain Analysis
For more insights into the city growth engines value chain, download a free report sample
Major Public Companies
Some of the leading players associated with this theme:
- Didi Global
- Haidilao International Holding
- Sapphire Foods India
Major Private Companies
Some of the interesting private companies associated with this theme:
- Bundl Technologies Private
- Getir
To know more about the leading public and private companies in the foodservice industry, download a free report sample
Foodservice Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our foodservice sector scorecard has four screens: a thematic screen, a company screen, a valuation screen, and a risk screen.
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
Foodservice Sector Scorecard – Thematic Screen
To know more about the sector scorecards, download a free report sample
City Growth Engines in Foodservice Market Report Overview
Report Pages | 34 |
Regions Covered | Global |
Value Chains | Consumer Drivers and Brand & Product Attributes |
Leading Public Companies | Didi Global, Haidilao International Holding, and Sapphire Foods India |
Leading Private Companies | Bundl Technologies Private and Getir |
Reasons to Buy
- Understand the City Growth Engines theme in the foodservice marketplace.
- Highlight key trends within the theme’s present and future evolution.
- Identify key players/competitors actively engaging with the theme and track their performance against it.
- Learn valuable lessons on the advantages and pitfalls of harnessing associated technological solutions to maximize urban foodservice opportunities.
Table of Contents
Frequently asked questions
-
What are the components of the city growth engines value chain?
The city growth engines value chain consists of consumer drivers and brand & product attributes.
-
What are the key trends shaping the city growth engines’ theme?
The main trends shaping the city growth engines’ theme in the foodservice context are technology trends, macroeconomic trends, regulatory trends, and consumer trends.
-
Who are the leading public companies in the foodservice industry?
Some of the leading public companies associated with the theme are Didi Global, Haidilao International Holding, and Sapphire Foods India.
-
Who are the private companies in the foodservice industry?
Some of the interesting private companies associated with this theme are Bundl Technologies Private and Getir.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.