Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Sept. 6, 2021
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Sept. 6, 2021
Pinpoint consumer preferences Explore Technomic’s robust library of Consumer Trend Reports to understand usage, preference and behaviors behaviors for for today’s today’s foodservice foodservice consumer. consumer info@technomic.com | technomic.com © 2021 Technomic, Inc.
I G N I TE C O M PAN Y A&W CANADA SAME-STORE SALES A&W Trends Upward YEAR-OVER-YEAR CHANGE (%) Since COVID-19 Peak 33.5% A&W Income Fund announced its The growth is primarily attributed to results for the second quarter of 2021, increased guest counts and a reduction seeing same-store sales grow by 33.5% in the number of A&W restaurants that as compared to the same period in are temporarily closed. Additionally, the 1.2% 2020. Same-store sales growth has number of total restaurants in the trended upwards each quarter since the Royalty Pool increased by 23 since -1.9% middle of 2020, when the impact of mid-2020, bringing its total to 994 -4.0% -5.6% COVID-19 was at its peak. across Canada. -9.3% -12.7% Temporary closures challenged A&W throughout 2020 and into 2021. In mid- 2020, as many as 230 restaurants were closed due to dining restrictions. As of July 27, 2021, only eight restaurants -31.6% across Canada remained temporarily closed. Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Source: Technomic Ignite Company © 2021 Technomic, Inc. 3
I G N I TE M E N U N O TAB L E K I D S D I S H E S Kids Fare Evolving to Healthy and Elevated Kids Chicken Strips/Nuggets YOY Growth % 0.0% Options Kids Grilled Cheese Kids Mac and Cheese -16.5% -3.4% With back-to-school season in full most especially have increasingly been swing, Technomic is looking at kids gravitating toward for their children. Kids Hamburger -22.4% menus and how they are evolving. Some of the fastest-growing ingredients These menus have shifted since pre- on kids menus also illuminate this Kids Specialty Drinks +21.7% pandemic times, with operators starting health movement, including cucumber to offer healthier and more grown-up (+15.7%), sweet potato fries (+9.7%) items in place of more standard child- Kids Salad +29.4% and grape (+9.4%). friendly fare. Additionally, operators are applying a Over the past year, traditional kids more sophisticated twist to some menu offerings have declined, including traditional kids classics such as mac kids grilled cheese (-16.5%), kids and cheese, as demonstrated by Baton hamburger (-22.2%) and kids french Rouge’s Steakhouse & Bar’s Kids Mac fries (-36.4%), while lighter categories, N Cheese Gnocchi. such as kids salad, have seen an increase (+29.4%). This demonstrates These trends could indicate a shift the swap of some heavier dishes for toward kids offerings that are heathier healthier choices that millennial parents and more mature. Source: Technomic Ignite Menu, Q2 2020-Q2 2021 Image Source: Shutterstock © 2021 Technomic, Inc. 4
I G N I TE C O N S U M E R Safety in the Wake of BEST-IN-CLASS BRANDS FOR COVID-19 SAFETY ATTRIBUTES TOP TWO BOX=% VERY GOOD/GOOD the Delta Surge Mary Brown's 88.5% Toujours Mikes 86.0% Uncertainties regarding the delta variant The chart to the right shows best-in- have caused some consumers to make class brands, highly rated by recent Harvey's 85.9% changes in their dining behaviours. For guests for the following COVID-19- others, it means that the safety related attribute measures: precautions taken by operators ● Staff use of PPE The Keg Steakhouse + Bar 85.0% continue to be a top priority when selecting where to dine. ● Observes safe social distancing In the year-ending Q2 2021 period, ● Takes customer safety and sanitation seriously Pita Pit 84.7% eight in 10 consumers (83%) say that “measures taken to keep employees and customers safe during the coronavirus pandemic” are important or Montana's BBQ & Bar 84.6% very important when selecting a restaurant for an occasion. This metric remains consistent across each recent Chain Average 78.8% quarter. Base: Varies; 400-700 recent guests per brand Source: Technomic Ignite Consumer brand ratings data, Q3 2020-Q2 2021 © 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 Around the World in Six Menu Trends As Technomic begins preparation for its Indonesia last year is growing, with 2022 global restaurant forecast, we coffee and tea chains such as Kopi take into account numerous menu Kenangan and Starbucks launching trends emerging within local markets. more bottled-in-store barista drinks. While these trends inform our global 4 Chains in Australia are using mac and forecast, many also merit callouts. cheese as an entree topping rather than a side—Chicken Treat’s Tempta Parmi Here are six trends across the globe Burger is a great example. culled from our global trend tracking: 5 QSRs in Russia have been delving 1 Innovators Heytea, Sevenbus and deeper into Mexican and nacho others in China are showcasing niche preparations this year. fruits such as wampee and shine muscat in limited-edition tea drinks. 6 Cannabis and CBD are starting to take off in France, South Africa and 2 Chains such as McDonald’s are also especially Thailand. targeting night consumption in China with everything from half roast chickens Learn more about Technomic’s to beer-flavoured boba. industry-leading global menu trend coverage. And see how we did with our 3 The “liter of” trend that formed in 2021 global forecast here. Burger topped with mac and cheese Source: Technomic Global Foodservice Navigator Program Image Source: Shutterstock © 2020 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.
You can also read