Food Trends
There is always studying of eating and buying patterns. With the economic situation, there are some interesting trends appearing.
It is being found that dining out at restaurants is becoming less, with increasing numbers of them going out of business. Restaurants are therefore, having to adjust menus and prices to encourage diners. Smaller serves at lower prices are options being pursued by some restaurants. The focus is on value for money. This is also affecting corporate dining, with less occurring.
As an example of the actions that are being taken; a restaurant recently implemented a program that allowed the diner to pay what they thought the meal and experience was worth rather than setting a price.
The part of the dining experience that is continuing to do well, and is apparently increasing, is the Quick Serve (Fast Food) segment. The public are seeing these businesses as being value for money and convenient.
It will be worth keeping an eye on the trends as the year progresses, as it will have a significant impact on how food businesses market themselves and the types of products they will supply.
