The Lumina Intelligence Menu & Food Trends Market Report 2024 provides an essential analysis of the latest developments in menu engineering and pricing across the UK’s chain restaurant and pub & bar sectors.
It highlights how operators are responding to challenges like price inflation and evolving consumer expectations while adapting their menu composition and product labelling.
The report delves into key trends, including pricing strategies, lifestyle and mega trends, and provides a future outlook to help businesses identify opportunities and navigate challenges in the hospitality industry.
CONTENTS:
Executive Summary
- How to use this report
- Executive Summary
- The eight mega trends impacting the F&B industry
Menu Composition & Engineering
- Spring/Summer 2023 and Spring/Summer 2024 data analysis
- Operator strategies
- CPI, pub menu and chain restaurant inflation
- Chain restaurant same-line main dishes by dish type price inflation
- Average dish price and net increase
- Chain restaurant and pub & bar same-line main dish
- Price inflation by protein type
- Same-line dishes by proportion of price increases
- Top 10 chain restaurant operators by average same-line dish price increases
- Top 10 pub & bar operators by average same-line dish price increases
- Average price of new dishes and same-line dishes on restaurant and pubs & bars menus
- Entry, average and exit prices on chain restaurant and pubs & bars menus
- Proportion of chain restaurant and pub & bar dishes with price ending £#.#9 and £#.00
- Item & trend analysis
- Average dish count per menu
- Proportion of main dishes that are vegan or vegetarian
- Mains by protein type, 2022-2024
- Proportion of vegetables used in dishes across chain restaurant and pub & bar menus
- Top 5 growing adjectives used across menus by share growth
- Top 5 types of cocktail on restaurant menus
- Share of alcoholic drinks on restaurant menus, with price
- Share of drinks on restaurant menus, with price, Q3 2023-Q3 2024
- Top non-alcoholic drinks on restaurant menus, Q3 2023-Q3 2024
- Christmas Menu Trend Spotting
Lifestyle & Megatrends
- Consumer drivers
- Consumer focus
- Consumers demand
- Stronger earnings growth strengthens spending power
- Key economic indicators, EY Item Club, 2019-2024F
- UK inflation and wage growth, 2016-2024
- GFK consumer confidence, December 2019-2024
- The eight mega trends impacting the F&B industry
- Trend development highlights
- Trends within Chain VS Individual Restaurants
- Sustainability and consumer expectations
- Operator focus
- Case Studies
Key Trends
- Key Trend Umbrellas
- Trend Evolution Curve
- Lifestyle trends
- Food innovation drivers
- Experience trends
- Consumer engagement drivers
- Impact of tech innovation
- Cuisine Trends
- Cuisine Trend Hotspots
- Product Trends
Future Outlook
- Market drivers to 2027
- Impact of the 2024 Autumn budget
- Key economic indicators, EY Item Club, 2022-2027F
- Eating out market growth forecast from 2024F-2027F
- UK eating out market value in millions, with percentage growth, 2023-2027F
- Development expectations for mega trends to 2027
- Trends, 2024F-2027F
Appendix
- Lumina Intelligence – Market sizing data tracking the performance of hospitality and grocery operators, based on turnover and outlet numbers. Extracts from Operator Data Index and wider synthesis with total Eating Out market sizing. Lumina Intelligence Operator Data Index tracks and forecasts outlet and turnover information for over 400 brands across the eating out market 2017-2027F.
- Market sizing & Operator Data Index – Lumina Intelligence’s Menu Tracker tool tracking menu data from 80 operators across the Eating Out market. Chain restaurant and Pub & bar menus analysed in the report. Tool also covers QSR & Sandwich & bakery Spring/Summer 2022-2024.
- Menu Tracker – Lumina Intelligence also uses external sources including desk research, GFK Consumer Confidence Index and EY Item Club economic indicators .
- Secondary external sources – Lumina Intelligence’s UK Eating & Drinking Out Panel tracks the behaviour of 1,500 nationally-representative consumers each week, building up to a sample of 78,000 every year, across all eating out channels and day-parts (including snacking) 2020-2024.
