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Food Trends 2018

The Foodservice Industry is predicted to grow by an additional 83m visits in 2018 and 93m visits in 2019 despite pressure on wage growth and rising inflation.

Only 30% of leaders of restaurant, pub, bar and coffee shop groups are optimistic about general market prospects for the next 12 months – a drop of 17% from last year.
Dinner visits expected to drop by 5% between 2016 & 2019 – however this will be offset by an increased 17% consumer spend on delivery with breakfasts up 5.7% in 2018 and 4.8% in 2019. Lunch will remain the largest daypart with 2.2% and 1.9% growth in 2018 and 2019 respectively.
Foodservice price inflation is expected to hit 3.4% by the end of 2018, following a record peak in August 2017 of 9.3%. Though many products are expected to cost more than two years ago due to increased labour costs and specific supply challenges within the sector.
Hotels, Restaurants & Bars continue to buck a downwardtrend , recording rises – albeit modest ones – in spending whilst record falls hit other sectors.
The UK delivery market was expected to hit £7.1bn in 2017 with an annual growth of 7.6%. Delivery-focused chains such as Deliveroo are now accounting for 30% of this sector with branded restaurants and fast food chains claiming a further 12%.
Managed pub and bar companies are now opening new sites at a faster rate than casual dining groups. Restaurant groups returning to like-for-like sales growth as recent as November - up 1.2% - but are continually outperformed by pub and bar groups, which grew collective like-for-like sales by 2.8%.
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Food Trends 2018
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