A Roundup of Noteworthy Foodservice Findings for the Week of May 31, 2021
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Industry Insights A roundup of noteworthy foodservice findings for the week of Sept. 20, 2021 Refresh your beverage knowledge Consumer preferences are evolving. Schedule a demo of Technomic’s Away-From-Home Beverage Navigator today to learn how you can remain in the forefront of beverage trends and consumer demands. [email protected] | technomic.com © 2021 Technomic, Inc. IGNITE COMPANY US FOODS TOTAL ORGANIC CASE GROWTH Case Growth Spikes YEAR-OVER-YEAR CHANGE % in Q2 for US Foods 50.3% Quarterly case volume metrics continue more markets lifting in-person dining to improve for US Foods, one of the restrictions on restaurants and an industry’s largest broadline foodservice increase in leisure travel. distributors. On a year-over-year basis, total organic case volume increased by 50.3% in the second quarter ended July 3, 2020, boosted by a 74.4% case volume improvement for independent -7.3% -6.4% restaurants. Net sales for US Foods also expanded -22.2% -20.4% by 68% in the second quarter compared to the prior year. The company noted that its improvement in both case -40.2% volume and net sales was a result of Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Sources: Technomic Ignite Company © 2020 Technomic, Inc. 3 IGNITE MENU ELEVATED MEAL KIT LTOS** Shrimp Boil at McCormick Meal is uncooked at time of pickup and will include easy-to-follow & Schmick’s cooking instructions. From your The Rise of Premium Each kit comes with andouille oven to your table in three hours or sausage, corn and potatoes, plus less tips from our chef on how to boil at home Pit Master Grill Kit at Del Meal Kits Frisco’s Double Eagle Prime Rib Feast at Steak House Firebirds Wood Fired Grill Serves four people and includes In summer 2020, convenience and Because 31% of consumers’ visits to Serves four to six. Uncooked, 4 Four, 6-ounce filet mignon; two value became driving themes for restaurants are extremely likely to be pounds of herb-rubbed prime rib prime 16-ounce New York strips; consumers, with 46% agreeing they influenced by the availability of meal with jus and horseradish sauce, one, 32-ounce prime tomahawk sought more value items at the time.* kits,*** operators can not only provide baked mac and cheese, roasted steak, 1 pound of sous vide bacon One way operators answered the call their pricier and more exclusive garlic-herb-butter asparagus, with glaze for grilling; Del’s was through meal kits—a takeaway box ingredients, but also teach the at-home honey-chipotle-glazed carrots, Signature Seasoning Blend; Caesar of ingredients at one bundled price for cooking, grilling, baking and preparing Parmesan mashed potatoes, bread or wedge salad; Chateau mashed consumers to put together at home. skills they won’t get through a dine-in and butter, and a half lemon cake potatoes; and creamed corn with experience. Adding video how-to As of late, meal kits have shifted from with fresh blueberries in sauce. shishitos guides for preparing the meal adds an pizza, pasta and burger options to extra layer of value to the guest as well. Image Source: Shutterstock premium cuts of meat and seafood, providing consumers with a fine-dining These premium meal kits are redefining experience at home. As such, upscale value and bringing the fine-dining ingredients such as filet mignon (+8.4%), experience from a restaurant kitchen to lobster (+5.0%) and New York strip consumers’ front doors. (+3.9%) are on the rise in meal kits.** *Source: Technomic’s Foodservice Impact Monitor 12th Edition—Week Ending June 5,2020 **Source: Technomic Ignite Menu ***Source: Technomic Ignite Consumer featuring the 2021 U.S. Value and Pricing Consumer Trend Report © 2021 Technomic, Inc. 4 IGNITE CONSUMER Younger Guests Not How appealing would the following Appealing Unappealing Ready for Robots be at restaurants? (Top Two Box) (Bottom Two Box) Food delivered via robot to my home 19% 35% It seems the off-cited demand for significant, with top-two box scores technology among Gen Z consumers decreasing by 10 percentage points for may be overstated, as Gen Z may not appeal of “food delivered via robot to be as tech-obsessed as many have my home,” for example. believed them to be. Food delivered via robot to my table 22% 36% Gen Zers crave real human connection. When asked whether use of is And it may just be they can see appealing at restaurants, more Gen Z themselves in the plight of the consumers found the idea unappealing restaurant employee whose job than appealing. opportunities may be lost to technology. Food delivered via drone 23% 33% In fact, the appeal of robots in restaurant operations has diminished over time. Compared to a Technomic 2019 study, fewer Gen Zers cite the use Robots that can take my order 16% 37% of robots for taking orders and delivering food as appealing or very appealing. The changes noted are Source: Technomic Ignite Consumer and Technomic Ignite August 2021 Omnibus consumer survey © 2021 Technomic, Inc. 5 GLOBAL FOODSERVICE NAVIGATOR Brand Collabs Proliferate + The now-ubiquitous “Brand X Brand” Poison Coffee & Doughnuts and collab has been a staple in many parts Kikkoman rolled out some soy sauce of the world for years and was made doughnuts in the Philippines. even more popular thanks to KFC and Pizza Hut have been offering McDonald’s headline-making fried chicken pizzas in the U.K. and partnerships with BTS and others. other countries. Collabs—the fusion of marketing and Dunkin’ and Pringles teamed up on menu innovation—have been some potato chip doughnuts in South particularly resonant in the pandemic Korea. era as a means to stand out amid dizzying competition and to drive menu Hardee’s and Cheeto’s did some excitement without necessarily creating Flamin’ Hot Fries in the UAE. new products (see above). Technomic is the only company that Here are some recent standout collabs covers up-to-the-minute restaurant + for inspiration: menu innovation across the globe. Learn more here. McDonald’s and Dove launched a bubble bath latte in China. Source: Technomic Global Foodservice Navigator Program Image Source: Shutterstock © 2021 Technomic, Inc. 6 WANT MORE INSIGHTS? Since 1966, we have You can get this Ignite Company Ignite Menu See where restaurant chains Pinpoint the latest menu trends produced in-depth report delivered to are, how many units they have and see what’s on the horizon. research focused on the you bi-weekly! and how well they’re doing. Explore>> Explore>> foodservice industry. Sign up here>> We provide insights into consumer, industry and menu trends in the U.S., Canada and 23 countries around the world. Our team of experts helps leaders Ignite Consumer Global Foodservice in the industry make complex Get to know your customers’ Navigator business decisions, set strategy customers through 60+ attributes Understand the global industry, and stay ahead of the curve. and visit occasion metrics. from menu trends to consumers, Explore>> in 25 countries. Explore>> Have questions about this report? Reach out to us today. 312-876-0004 [email protected] technomic.com © 2021 Technomic, Inc. .