Edit

Restaurants brace for increased competition as emerging channels continue to expand, Technomic finds in new report

CHICAGO, April 24, 2019—While usage of emerging channels is still low overall compared to traditional foodservice segments, strong appeal among younger consumers and continued nationwide expansion by these channels means increased competition for restaurants moving forward. Technomic’s 2019 Emerging Channels Consumer Trend Report explores primary and secondary emerging channels, and covers the unique challenges and opportunities that each channel faces.

“Restaurant operators will have to pick and choose how to compete as variety and uniqueness are currently competitive advantages for emerging channels,” explains Bret Yonke, manager of consumer insights at Technomic. “Moving forward, watch for restaurants to turn the tables by utilizing certain emerging channels to expand their own brands, which some have already done by offering meal kits and creating their own branded food trucks.”

Key takeaways from the report include:

  • 78% at least somewhat agree that food halls often introduce them to dishes they’ve never tried before
  • 27% of meal-kit users say they have switched companies since they first started using meal kits
  • 60% say that if their favorite food truck opened a restaurant, they would be likely to visit
  • Dinner is the most common daypart for eatertainment concepts—65% say they typically visit for this daypart

Compiling findings from 1,500 consumer responses, as well as trends, the comprehensive 2019 Emerging Channels Consumer Trend Report serves as a guide for foodservice operators and suppliers to help them better understand consumer usage, attitudes and preferences toward emerging channels and to identify opportunity areas.

Technomic publishes a complete library of Consumer Trend Reports. To learn more, please visit technomic.com or contact one of the individuals listed below.

Contacts:
Press inquiries and report details: Anne Mills, (312) 506-3867, amills@technomic.com
Purchasing details: Patrick Noone, (312) 506-3852, pnoone@technomic.com

About Technomic
Technomic, Inc., a Winsight company, was founded as a management consulting firm in 1966. Since then, Technomic’s services have grown to encompass cloud-based B2B research tools, consumer and menu trend tracking, as well as other leading strategic research and analytic capabilities, to prioritize and size business opportunities. Our clients include food manufacturers and distributors, restaurants, retailers and multiple other business verticals aligned with the food industry that are looking to make informed decisions to support their business growth. Visit Technomic at www.technomic.com.

About Winsight LLC
Winsight LLC is a recognized leader in business-to-business media and information services for the convenience-retailing, foodservice and grocery industries. Winsight has an extensive media portfolio, including five publications: CSP, Restaurant Business, FoodService Director, Convenience Store Products and Winsight Grocery Business. Winsight also offers a suite of digital products, including websites, e-newsletters, webinars, video products, mobile and tablet apps, and custom marketing solutions. In addition to more than 12 major EduNetworking conferences and advisory meetings, Winsight also produces seven exclusive, large-scale executive-level conferences: Restaurant Leadership Conference, Global Restaurant Leadership Conference, Outlook Leadership Conference, Convenience Retailing University, FSTEC, MenuDirections and Restaurant Directions. In 2015, Winsight acquired Technomic Inc., a provider of primary and secondary market information and advisory services for the food industry. For more information on Winsight and its brands, go to www.winsightmedia.com.

Recent Press Releases

May 2, 2019
Technomic will feature prominent guest speakers from Kahala Brands and Distribution Market Advantage at June conference in Chicago for foodservice suppliers to discuss limited-time offers, innovating menus and the future of distribution
April 17, 2019
The 2019 Canadian Centre of the Plate Consumer Trend Report explores how consumer shifts are impacting main entree items such as red meat as well as plant-based protein alternatives.
April 15, 2019
Technomic session during The National Restaurant Association show will highlight the future of the industry, winning restaurant concepts and the latest in acquisitions and financial trends