We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The new trends in foodservice industry - Essay Example

Comments (0)
Friddle, Sandeep and Jean’s The food service industry: trends and changing structure in the new millennium (2001) is an exploratory study investigating current trends in the foodservice industry. This study offers a review of current and future developments in the economic,…
Download full paper
The new trends in foodservice industry
Read TextPreview

Extract of sample
The new trends in foodservice industry

Download file to see previous pages... These consumers are not concerned about recession and unemployment, they tend to value retail and in-store experience and record the highest number of high-end restaurant visits. In addition to this, they are more concerned about their health while purchasing products and services (11). This article is, therefore, important in understanding the changing landscape of consumer demographics and its implications to the foodservice industry. It also equips food retailers and restaurants with relevant strategies for segmenting the market and designing products and services that meet the needs of the various population cohorts.
Friddle, Sandeep and Jean (13) observe that the continued growth in the baby boomer and senior’s segment is driving further outcomes in the foodservice industry. Firstly, there has been the emergence of grocery and foodservice under one retail store and one business enterprise. This phenomenon occurs because the consumers in older market segment have the tendency to match ready-to-eat foods with other groceries, beverages and fresh produce ingredients as a way of customizing their eating diets. Secondly, there has been continued competition in the foodservice industry as the various foodservice providers seek to increase their market share and tap into this lucrative market segment. Thirdly, there has been continued increase in food product and menu innovation with the aim of increasing quality, eating experience and gaining competitive advantage over rivals. Fourthly, there has been a shift of consumer preference from cost factors to other evaluation valuables such as diets, nutritional and health concerns in the selection of foodservice restaurants.
Growth in the baby boomers and seniors population, who have a high purchasing power, is likely to lead to continued growth in the food service industry. According to Friddle, Sandeep and Jean, this market segment has high disposable income, wide ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Forces and Trends in Chocolate Industry
The Hershey Company, known until April 2005 as the Hershey Foods Corporatio and commonly called Hershey's, is one of the largest chocolate manufacturers in North America. Its headquarters are in Hershey, Pennsylvania, which is also home to Hershey's Chocolate World, it's products are sold in over 60 countries worldwide.
4 Pages(1000 words)Essay
Current Trends in the Tobacco Industry
These competitors are Altadis, plc and Reynolds American Inc. and Altria (Phillip Morris). With such a competitive nature of the market and all of the players fighting with many different brands, several issues come into force for the competitors. The most concerning trend that is found in today's tobacco industry is the harm caused by cigarettes.
8 Pages(2000 words)Essay
Consumer and industry trends in the pub industry
Based on the data of the British Beer & Pub Association, in the last 10 years food sales in Britain's 30,000 managed pubs have risen by 165%. In the 30,000 smaller tenanted pubs, the increase is deemed to be lower but it is regarded as substantial.
9 Pages(2250 words)Essay
Industry Analysis by Stage in PLC
The market share of each product sector is illustrated below. The US ice cream market value is estimated at $9.7 billion in 2008. Its growth rate is 1.8%. The market sales in terms of volume are 3.5 billion liters in 2008 which grew 1.7% from a year ago.
4 Pages(1000 words)Essay
Hospitality Industry Essay
Growing shortage of skilled and qualified employees along with escalation of construction and renovation cost were two of the major issues discussed in ISHC. Followed by were the difficulty to keep up with the rapidly changing technology, Changing demographic and their impact on travel trends, considering the future of Hotel profits with balancing escalating expenses with the need to increase rates, Mitigating consumer confusion over brand proliferation and investor concerns over cross brand impact, Keeping up with rapidly changing playing field, And their impact on the travel industry, the changing travel patterns, issues in capital availability are the other aspects in the top ten issues (
12 Pages(3000 words)Essay
Taste Trends of the Coffee Industry
Europe and the United States are equally vital markets. operation in the industry requires effective understanding of the different features of the market. Management of resources is a fundamental aspect of institutional management. The management of a firm must utilize the
10 Pages(2500 words)Essay
Tourism Industry Trends Article Research Paper
It has very beautiful scenic sites and high number of national parks. Initially, Taiwan was populated by indigenous tribes but presently, only a small portion of the tribes can
4 Pages(1000 words)Essay
Tourism Industry Trends
In fact, one of the attractive features of Shanghai is because if its size. This is the largest city by population in China, with its population towering above 24 million as evidenced by statistics in 2013. On the other hand, the city is also the largest city proper, under similar considerations. 
4 Pages(1000 words)Essay
Analyze a business or industry that is likely to be disrupted by the trends of the big data, this disruption may create a new business opportunities and new business threats
The businesses operating in whichever segment need to churn out huge volumes of transactional data encompassing trillion information bytes in context of their suppliers, customers as well as their operations. In today’s scenario there is creation of data flood as more
16 Pages(4000 words)Essay
Technology trends in Hospitality Industry
Technology came about with the basic aim of assisting human beings and other species to adjust and match up with their natural environment. It can be applied from a general perspective or from a specific angle. Examples of specific
9 Pages(2250 words)Essay
Let us find you another Essay on topic The new trends in foodservice industry for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us