A Roundup of Noteworthy Canadian Foodservice Findings for the Week Of

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A Roundup of Noteworthy Canadian Foodservice Findings for the Week Of Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of May 31, 2021 Understand what consumers are eating Uncover the demographic profile of the average tea drinker, burger eater or chicken chomper with menu ordering detail using Technomic’s Ignite Consumer [email protected] | technomic.com © 2021 Technomic, Inc. IGNITE COMPANY Industry Restrictions RECIPE UNLIMITED SYSTEM SALES YEAR-OVER-YEAR CHANGE % Continue to Hamper Recipe Unlimited Multiconcept operator Recipe Unlimited location in Montreal, a takeout and -12.2% continues to struggle amid the COVID- delivery concept that offers menus from 19 pandemic, with total system sales multiple Recipe Unlimited brands, as down 28.1% from the same period in well as one new St-Hubert restaurant. -22.2% 2020. This is a slight improvement from the prior quarter when total system -28.1% sales had declined by 31.8%. Despite -31.8% this, e-commerce sales were up 75.0% from the same period in 2020. In the first quarter of 2021, Recipe Unlimited experienced a net loss of 11 restaurants in Canada after closing locations from Swiss Chalet, Harvey’s, -55.3% Montana’s BBQ & Bar, Kelseys Original Roadhouse, Milestones and New York Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Fries. Offsetting these closures, the group opened its third Ultimate Kitchens Sources: Technomic Ignite Company © 2021 Technomic, Inc. 3 IGNITE MENU Pizza Operators Add Sweet Heat Pizza consumption remains high, with featuring Mike’s Hot Honey, a honey 80% of consumers reporting that they infused with Brazilian chiles. Pizzaiolo eat pizza at least once a month. A diet debuted a new Honey Heat Pizza in Q1 staple for many, this traditional comfort showcasing organic honey and chile food is evolving to include more flakes. Savino Pizzeria also joined the complex and dynamic flavours. trend with its Quatro Formaggi With Prosciutto Pizza that spotlights Trending among recent new and housemade chile oil and local honey. limited-time pizzas is sweet heat. This distinctive pizza combination aligns with Another sweet ingredient partnering up changing pizza tastes among younger with spice on pizza is maple syrup. folks, with 33% of 18- to 34-year-olds Blaze Pizza Canada recently released agreeing they are more interested in a new limited-time Hot Maple Drizzle trying pizza with unique toppings than that is available on any pizza, made they were two years ago. with chile- and cayenne-infused Canadian maple syrup. Recently, Pizza Nova launched the limited-time Honey Stinger Pizza, Source: Technomic Ignite Menu Chile-infused honey Technomic 2020 Canadian Pizza Consumer Trend Report Image Source: Shutterstock © 2021 Technomic, Inc. 4 IGNITE CONSUMER REASONS FOR EATING THE FOLLOWING PROTEINS LESS OFTEN THAN BEFORE THE PANDEMIC 47% Value Essential for This protein is now more expensive at 21% grocery stores 27% 35% 33% Proteins I now have less money to spend on 25% eating out 27% 35% 32% Value is a strong motivator for the satiating and filling protein content I now have less money to spend on 23% consumers, now more than ever. of menu offerings can also help boost groceries 17% value perceptions. As sales levels and Consumers who indicate that they are 30% the economy begin to rebound from Beef eating proteins less often during the COVID-19 though, there will be more 28% pandemic are likely to equate this shift I am trying to eat healthier and consider Pork room to create value through other key this protein to be less healthy than other 36% to increased prices at grocery stores, as 27% Chicken factors, such as food quality, innovation meat options well as less money to spend on their 10% and service amenities. Seafood meals. This is especially true of beef 25% and seafood consumers, as these Other proteins are less expensive than 14% categories can often be tied to premium this protein 12% and upscale positionings. 31% Value positioning will likely surround 24% pricing strategies for the next few I am trying to reduce my animal protein 24% months in light of uncertainty about consumption 27% where the pandemic and economic 17% environment are heading. Showcasing 23% Dishes with this protein are now more 10% expensive at restaurants 12% 27% Base: Varies by category; Any consumers who indicate eating less of these proteins than before the pandemic Source: Technomic Ignite Consumer featuring Technomic’s Canadian Centre of the Plate Consumer Trend Report © 2021 Technomic, Inc. 5 GLOBAL FOODSERVICE NAVIGATOR Restaurants Around the World Continue IPO Bonanza Public offerings remain hot on chain Dicos Since reporting on restaurant IPOs menus across the globe. In just the past post-pandemic, the clear takeaways are China’s No. 2 chicken chain could go few months, Technomic’s Global that chains looking to go public are public should Taiwan-based owner Ting Foodservice Navigator program has largely limited service, often specialize Hsin move forward with plans to list its reported on potential offerings from the in delivery-friendly foods, have a tech- mainland restaurant business on the likes of Dodo Pizza in Russia, Nayuki centric operating model and skew Hong Kong exchange. Tea and Heytea in China, Ediya Coffee toward beverage—probably not a and Paik’s Coffee in South Korea, Devyani International surprise to many. Sapphire Foods in India and Tealive in This KFC, Pizza Hut and Costa Coffee Malaysia. operator in India is reportedly looking to Let’s catch up on the latest batch. raise some US$191 million with a listing. It would mark the third major Krispy Kreme restaurant IPO in India in less than a The doughnut specialist recently filed year, following Burger King’s local for an IPO in the U.S. after being private franchisee along with local CDR chain for about five years. Barbeque Nation. 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. .
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