Items Tagged with 'foodservice trends'
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Report details consumer spending trends by demographics

Generation Z, or those under 25, spent a relatively equal amount on food at-home vs. away-from-home.
June 10, 2019
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Between 2016-2017, total expenditures on food increased nearly $526 for the 130,001 consumers tracked by the Bureau of Labor Statistics, according to analysis from the Food Institute, Upper Saddle River, N.J.
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Study: Students' foodservice demands grow both on and off campus

The study says 33% of students are satisfied with their school's foodservice facilities.
June 10, 2019
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Delivery, technology and health trends are changing the foodservice landscape and younger generations are leading this charge, according to “2019 College & University Consumer Trend Report,” a report published by Technomic, Chicago.
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Study reveals exotic, non-seasonal fruits & vegetables fueling growth in frozen foods market

Cold chain infrastructure has played an important role in driving the frozen foods market, as it helps to transport products at both the domestic and international levels.
May 16, 2019
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The global frozen food market valued at $219.87 billion in 2018, and is projected to grow at a CAGR of 5.14% during the forecast period, reaching $282.50 billion by 2023, according to research presented by MarketsandMarkets, New York.
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Survey reveals Americans’ dining out habits

With a strong U.S. economy, consumers continue to spend money dining out rather than cooking meals at home.
May 15, 2019
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Fourth, a Tampa, Fla.-based provider of hospitality operations platform, revealed the findings of its first annual “Truth about Dining Out” survey.
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Survey: Half of restaurant decision makers view technology as important to operations, but only one-third are implementing it

Although half of restaurant decision makers think technology is a way to address food waste, manage staff and drive customer traffic, only one-third of them are implementing it.
May 15, 2019
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US Foods Holding Corp., Rosemont, Ill., released the results of a new survey of 500 independent restaurant decision makers to gauge their outlook on critical operational decisions.
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Study: Restaurants brace for increased competition as emerging channels continue to expand

60% of respondents say that if their favorite food truck opened a restaurant, they would be likely to visit.
April 24, 2019
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While usage of emerging channels is still low overall compared to traditional foodservice segments, strong appeal among younger consumers and continued nationwide expansion by these channels means increased competition for restaurants moving forward, according to “2019 Emerging Channels Consumer Trend Report.”
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National Restaurant Association forecasts restaurants will add 1.6M new jobs by 2029

When asked about the economy, restaurant operators are generally optimistic about business conditions.
April 18, 2019
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The National Restaurant Association (NRA), Washington, D.C., released its “2019 State of the Restaurant Industry report,” which examines significant forces impacting and shaping the restaurant industry, including the economy, workforce, technology, food and menu trends, as well as developments pertaining to table service and limited-service restaurants.
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