Customers have options when it comes to their dining experience. The growing popularity of meal kits, fighting against competitive lunch and dinner promotions, adding healthy fare and conforming to federal labor regulations can be stressful for both chain and independent restaurants.
"Competition continues to disrupt the restaurant marketplace and operators are faced with increasing challenges in automation, labor and pricing," said Darren Tristano, president of Technomic. "Consumer expectations on innovation and balancing health and indulgence are evolving more quickly as customizing menus to satisfy a broad range of consumer needs becomes a must strategy."
Highlights from Winsight's 2017 Commercial Trends Forecast include:
Morning grub goes globetrotting. Ethnic experimentation at breakfast and brunch is moving beyond Mexican and Sriracha. North African/Middle Eastern shakshuka, Georgian khachapuri and portable street foods like Chinese jianbing are just a few new ethnic options exciting taste buds in the morning.
Automating the experience. Technology will continue to transform restaurant service, as both labor restrictions and consumer demands for customization, convenience and novelty drive automation.
Distributors face digital disruptors. Traditional foodservice distributors are facing pressure to modernize operations or risk losing business. Much of this strain stems from strong growth of third-party online sellers like Amazon and Webstaurant. Expect traditional supply sources to embrace more online technologies and for e-commerce firms to amp up sales of perishable foods.
Read the full forecast here.
Only Technomic, a Winsight company, delivers a 360-degree view of the food industry. We impact growth and profitability for our clients by providing consumer-grounded vision and channel-relevant strategic insights. Our services range from major research studies and management consulting solutions to online databases and simple fact-finding assignments. Our clients include food manufacturers and distributors, restaurants and retailers, other foodservice organizations, and various institutions aligned with the food industry. Visit us at https://www.technomic.com/
About Winsight, LLC
Winsight, LLC is a business-to-business media and information services company specializing in the convenience-retailing, restaurant and noncommercial foodservice industries. Winsight has an extensive media portfolio including four publications, CSP, Restaurant Business, FoodService Director and Convenience Store Products, a suite of digital products including websites, e-newsletters (Restaurant Business Daily and CSP Daily News) and webinars, plus video products, mobile and tablet apps and custom marketing solutions. The Winsight Events group produces six exclusive, large-scale executive-level conferences—Restaurant Leadership Conference, FARE Conference, Outlook Leadership, Convenience Retailing University, FSTEC and MenuDirections—in addition to more than 12 major EduNetworking conferences and advisory meetings. In Aug. 2015, Winsight acquired Technomic Inc., a food industry provider of primary and secondary market information and advisory services. Winsight is a recognized leader in the markets it serves.
For more information on Winsight and its brands, go to http://www.winsightmedia.com/
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SOURCE Winsight, LLC