Foodservice Solutions® Grocerant Guru™ has been tracking food
customer migration since 1991. Food discovery
contines to be the number one driver for Millennial’s in 2014 seeming looking
for ‘different’, authentic, unique flavors, outlets, and portability. In
addition it looks to be the driver in 2015 as well as Millennial’s quest for new full flavored
fresh food is only increasing.
In a new Grocerant niche survey focusing on Ready-2-Eat and
Heat-N-Eat fresh meals from Convenience Stores, Fast Food, Fast Casual, Casual,
and Fine Dining and Consumers Dinning Out
Less by AlixPartners reveled “clearest
takeaways for convenience store industry is the increased visits by consumers
to convenience stores to purchase ready-to-eat-meals”
This
has become a battle for share of stomach as Foodservice Solutions®
Grocerant Guru™ has been documenting in client presentations and as regular
readers of this blog know stating here as well since 2009. The AlixPartners survey
found “Of diners surveyed, 20% said
they’ll purchase ready-to-eat meals (often from grocery stores or convenience
stores) in order to cut their restaurant spending over the next 12 months (up
from 14% from Q1 2013). Further, consumers increased purchases from convenience
stores to 3.2 times per month, up from 2 visits per month in Q1 2012.”
Eric
Dzwonczyk, managing director at AlixPartners and co-lead of the firm’s
Restaurant and Foodservice Practice. “Grocery and convenience stores are upping
their ready-to-eat game by offering higher quality and better tasting
ready-to-eat options, and we’re seeing the results as value-conscious consumers
are increasingly seeing ready-to-eat meals as a preferable option as they seek to
reduce their dining out spend,” …
“Traditional
restaurants can no longer afford to ignore or underestimate the ready-to-eat,
convenience and grocery store threats. We’ve seen a blurring of the lines
between these segments and traditional restaurants, particularly Fast Food,
over the past several years and we expect this to continue if traditional
restaurants do not take note and find ways to win back this ‘share of
stomach’.”
When
legacy retailers integrate Foodservice Solutions® 5P’s of Food Marketing with the introductions new fresh food offering or
fresh prepared food trial via Limited
Time Offer’s customer adoption increased exponentially. Success does leave clues the reason, NPD,
Technomic, The Hartman Group, and AlixPartners are all focusing on the Grocerant niche of late
because we were first, we were right and they know it and they simply want to
catch up.
www.FoodserviceSolutions.us specializes in outsourced business
development. We can help you identify, quantify and qualify additional food
retail segment opportunities or a brand leveraging integration strategy.
Foodservice Solutions of Tacoma WA is the global
leader in the Grocerant niche since 1991 Contact: Steve@FoodserviceSolutions.us
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