Beef & Pork: Balancing Variety with Rising Costs

Beef and pork continue to be among the most popular proteins in both foodservice and retail. The recently published 2015 Center of the Plate: Beef & Pork Consumer Trend Report shows that the vast majority of consumers eat beef (85%) and pork (69%) either as an entrée or an entrée topping or ingredient at least […]

As Costs Rise, Value Key to Driving Traffic

Falling gas prices and recent news of the Canadian Dairy Commission’s move to reduce prices by 1.8% starting March 1 could be good news for restaurant operators struggling with rising commodity prices and a sluggish economy. But with prices on staples like beef and coffee expected to continue to rise this year, Canadian restaurant operators […]

Consumer Trends Continue to Evolve in 2015

It’s difficult to anticipate the next shift in restaurant consumers’ preferences and need states, but operators can count on one expectation heading into 2015: Consumers will expect more from their brands, especially in the areas of technological amenities and food quality. Meeting those evolving demands will require restaurant leaders to invest heavily in their brands. […]

Bakery and Coffee Cafés: Price vs. Value

The growth of bakery and coffee cafés easily outpaces that of the overall restaurant industry. Indeed, 53% of 18- to 34-year-olds surveyed for our latest Bakery & Coffee Cafe Consumer Trend Report visit bakery cafés at least weekly, and 64% of the same age group visit coffee cafés as often. Still, in an uncertain economy, price […]

How Would Consumers Respond to Rising Beef Prices?

Beef and pork are both common staples of most consumers’ diets. The majority of consumers surveyed for Technomic’s 2013 Center of the Plate: Beef & Pork Consumer Trend Report say that they eat beef (88 percent) and pork (72 percent) at least once every three months, either as an entrée or as an ingredient in […]

Restaurant Steak Prices Edging Up

Over the past three quarters, Technomic’s PriceMonitor team has recorded rising beef prices on restaurant menus across the industry. According to the USDA’s Economic Research Service, the price of beef and veal rose over 10 percent in 2011 and is projected to increase an additional 4 to 5 percent from these already elevated levels in […]