The emergence of virtual kitchens as a vital part of the restaurant industry has brought rapid change, new challenges, and great opportunities to an industry looking for solutions as we emerge from the COVID-19 pandemic.
Ahead of the future strengthened trading relationship between the UK and Australia, Austrade together with the FDF would like to explore opportunities, gaps and trends across food and drink in both countries.
Chile’s distinctive and resilient market environment is enabling fast recovery in consumer foodservice. Differences with other Latin American markets - such as market fragmentation, average value spent per transaction, total transaction numbers - position Chile to be the best performing post-pandemic market in the region.
From menu changes to increased cost of goods, challenges pertaining to the supply chain crisis remain one of the biggest issues for the QSR and fast casual restaurant industry this year, forcing many chains to transform how they operate and seek technologies to mitigate pressures.
Recent reports suggest that Amazon is trialling a service similar to Instacart in the UK, providing third party delivery fulfilment to at least two major supermarket chains and same-day delivery for its Amazon Prime customers. While Amazon has yet to confirm any details, the move makes sense, given the logistics giant’s capabilities and long history of operating third party ordering and logistics networks.
The COVID-19 pandemic profoundly disrupted the market for meals in Germany. With foodservice largely restricted, most food spending is funneled into grocery retail and retailers are leveraging this position of strength, working with grocery delivery startups, to target consumers at home.
The Coronavirus pandemic has dramatically altered consumer eating habits and lifestyles. Foodservice outlets located in city centres were particularly hard hit by the lack of footfall during home seclusion. As flexible working arrangements are likely to remain long term, CFS operators need to rethink their location strategies in order to thrive.
Euromonitor's Session title: The World Beyond the Pandemic Session description: The global pandemic has in many ways re-shaped how economies and consumers operate. It’s more important than ever for businesses to understand and adapt to changing consumer priorities in order to stay relevant.