Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Sept. 20, 2021
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Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Sept. 20, 2021
Access industry insights instantly Keeping up with the latest foodservice trends has never been easier with Technomic’s Ignite platform. Uncover industry intel, menu trends and consumer insights. info@technomic.com | technomic.com © 2021 Technomic, Inc.
I G N I TE C O M PAN Y COVID-19 QUARTERLY SAME-STORE SALES YEAR-OVER-YEAR CHANGE % Continues to Hamper Pizza Pizza Pizza 73 Pizza Pizza 3.1% Pizza Pizza and Pizza 73, brands resulting in positive momentum as the owned by Pizza Pizza Royalty Corp., brands saw immediate increases in reported their second quarter results, walk-in sales and the reopening of with both brands’ same-store sales several nontraditional locations. -3.4% declining by a combined 6.5% so far in 2021 compared to the year prior. Pizza Pizza saw its same-store sales increase by over 3% compared to the -9.5% second quarter of 2020, when COVID- -10.6% 19 dining restrictions were at their peak. -11.9% This positive bump was largely due to -13.6% an increase in walk-in traffic. Pizza 73, however, saw its same-store sales decline by nearly 10%. -17.6% -17.6% Near the end of the quarter, dining Q3 2020 Q4 2020 Q1 2021 Q2 2021 restrictions were lifted in Ontario, Source: Technomic Ignite Company © 2021 Technomic, Inc. 3
I G N I TE M E N U Fall Flavour Favourites Return As the weather begins to turn, it is the Hortons’ Pumpkin Spice Iced Capp. time of year for fall favourites to make Many operators are spotlighting apple their appearance. Recent seasonal in recent LTOs, a classic fall flavour that LTOs have included fall classics such appeals to a whopping 60% of as pumpkin, apple and pecan, all of consumers.* Interesting applications of which have high consumer appeal. apple include Krispy Kreme Canada’s More than a third (35%) of consumers limited-time Caramel Apple Doughnut deem pumpkin an appealing flavour, and Starbucks Canada’s recently explaining its continued popularity on launched Apple Crisp Macchiato. seasonal menus.* While pumpkin spice Another popular flavour that nearly half lattes have been in vogue for some time of consumers find appealing (49%) is now (and are continually growing, with pecan, something Dairy Queen Canada a 50% increase on menus over the past took advantage of with its recently year),** new iterations of pumpkin released limited-time Pecan Pie beverages are increasingly taking over Blizzard.* seasonal menus, such as Starbucks’ Pumpkin Cream Cold Brew or Tim *Base: 1,000 consumers *Source: Technomic Ignite Consumer *Note: Top two box=appealing and extremely appealing Image Source: Shutterstock **Source: Technomic Ignite Menu, Q2 2020-Q2 2021 © 2021 Technomic, Inc. 4
I G N I TE C O N S U M E R The Erosion of DAYPART: 18- TO 24-YEAR-OLD GUESTS Traditional Dayparts 48% 46% 44% Technomic’s Ignite Consumer program We expect this to be even more has been tracking consumer behaviour prominent in five years, as consumers 23% 22% 22% at restaurants for nearly a decade. With will increasingly disregard the clock. As these rich historical insights, we can seen with growing demands for identify trends that better help us customization and personalization of 13% 12% 13% understand the current landscape and the restaurant experience, we anticipate 11% 11% 9% make predictions for where the industry consumers will build their own dayparts. 6% 6% 6% might be headed in a post-pandemic This shift will place new demands for 4% 2% 3% world. flexibility on operators and lead to the further erosion of traditional dayparts. By looking at when consumers engage Late-night/ Dinner Afternoon Lunch Morning Breakfast with foodservice, we see a steady other snack snack snack decline in the traditional dinner daypart among younger diners—a dip that extends to the late-night daypart. At the same time, we see an increase in 2015 2019 2020 morning and afternoon snacking occasions. Base: Varies; Approx. 21,000 consumers ages 18+ per period Source: Technomic Ignite Consumer © 2021 Technomic, Inc. 5
G L O B AL F O O D S E RV I C E N AV I G ATO R 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
WAN T M O R E I N S I G H T S ? Since 1966, we have You can get this Ignite Company Ignite Menu produced in-depth See where restaurant chains Pinpoint the latest menu trends 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 info@technomic.com technomic.com © 2021 Technomic, Inc.
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