This infographic highlights recent consumer foodservice trends and Euromonitor's projections for the industry.
The Chinese government’s Healthy China Initiative 2019-2030 presents an opportunity for food and beverage brands to innovate, be that through reformulating existing products with better-for-you ingredients, developing targeted offerings that address specific health needs, or enhancing transparency to highlight product benefits and build consumer trust.
The foodservice industry is grappling with multiple challenges, affecting both consumers and operators. To navigate these challenges, enhancing customer experience and differentiating from competitors are crucial strategies.
US consumer foodservice relies on undocumented workers and imported food. This makes it uniquely vulnerable to Trump’s promise to expel record numbers of immigrants and impose tariffs on US allies.
Perpetually low and falling fertility rates, sharpening anti-migrant sentiment, expanding GLP-1 usage, and the enduring impact of price increases have combined to create a situation where if aggregate calorie consumption at a regional level has not already begun to fall, it will start to in the near future. How to respond to this challenge ran through the strategies discussed by the food and beverage companies gathered at the annual conference of the Consumer Analyst Group of New York (CAGNY).
In a period of constant economic fluctuations and shifting consumer trends, adopting a holistic approach to customer engagement in the foodservice industry has become essential. This strategy underscores the importance of leveraging technology, but also balances it with convenience and authentic human connections to cultivate lasting loyalty in a competitive marketplace.