Category: Food & Beverage
Asia Food & Beverage
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Full-Service Restaurants in Vietnam
... reduction in the VAT rate from 10% to 8% in June 2023, in order to help struggling businesses. In addition, the number of tourists visiting Vietnam increased substantially over the preceding year. This, together with ... Read More
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Self-Service Cafeterias in Malaysia
... there are no other players with a significant presence in the chained self-service cafeterias segment. There is also a lack of both chained and independent self-service cafeterias such as food courts in major shopping malls. ... Read More
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Consumer Foodservice By Location in Taiwan
... in restaurants, get takeaway or order food on delivery for dinner as well. These eating patterns become less pronounced in the central and south of Taiwan. In the south, many people stay with parents or ... Read More
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Rice, Pasta and Noodles in Taiwan
... norms they were more likely to dine out. As in other categories of staple foods, foodservice drove volume growth as tourism flows increased and local consumers dined out more. Foodservice was by far the biggest ... Read More
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Consumer Foodservice By Location in Vietnam
... leisure locations. According to official sources, more than 12 million international tourists visited the country, more than three times the number recorded in the previous year. In addition, the government was keen to stimulate night-time ... Read More
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Cafés/Bars in Malaysia
... becoming more coffee-savvy, there are notable generational shifts in demand for different types of coffee. The older generation largely opts for local kopi (coffee), while younger generations such as Gen Z, are being influenced by ... Read More
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Cafés/Bars in Taiwan
... these stores, which gives consumers easy access to coffee. Moreover, grab and go fresh coffee is considered good quality, whilst its affordable price is highly appreciated by office workers. Convenience stores have a keen ambition ... Read More
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Cafés/Bars in Vietnam
... aftermath of the pandemic., Such establishments also benefited from a general increase in mobility, alongside the advent of busier lifestyles. Consumers visited these venues for various reasons, including hanging out with friends, remote working, studying, ... Read More
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Breakfast Cereals in Taiwan
... having breakfast at home in Taiwan were reduced in 2023. This directly impacted the consumption of breakfast cereals, which are mainly consumed at home, and, following spikes in retail volume sales in 2020 and 2021, ... Read More
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Street Stalls/Kiosks in Vietnam
... by the elevated rate of inflation, which impacted household spending. With prices continuing to rise, many of these consumers opted to cook more meals at home in order to save money. Job losses also remained ... Read More
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Staple Foods in Taiwan
... retail to foodservice as a result of less time spent at home, which reduced the time or need to cook at home. Moreover, consumers demanded better quality dining experiences, leading to a greater offer of ... Read More
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Limited-Service Restaurants in Vietnam
... which impacted household spending. With prices continuing to rise, many consumers opted to prepare and eat more meals at home in order to save money. Job losses also remained a concern, as the economic downturn ... Read More
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Limited-Service Restaurants in Taiwan
... anime successfully connected with different generations in Taiwan, namely generation Y and Z who are the most active groups on social media. McDonald’s also teamed up with the K Pop young girl group New Jeans, ... Read More
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Consumer Foodservice in Malaysia
... shops channel during the year. The end of the review period saw the opening of many new cafés and specialist coffee and tea shops by both international and domestic players. Indeed, 2023, alone, saw Morocco-based ... Read More
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Consumer Foodservice in Vietnam
... which impacted household spending. With prices continuing to rise, many consumers opted to cook more meals at home in order to save money. This trend was especially prevalent across lower-income segments, where food and energy ... Read More
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Street Stalls/Kiosks in Malaysia
... fresh milk, Farm Fresh, which is produced locally and enables the player to promote the Farm to Cup concept. Marketing activity is becoming increasingly important to street stalls/kiosks operators, with Llaollao Malaysia, for example, announcing ... Read More
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Processed Fruit and Vegetables in Taiwan
... as consumers resumed out-of-home lifestyles. Consumers were eager to return to dining out and travel, with pent-up demand boosting foodservice consumption. The strong rebound of the biggest channel, foodservice, helped to foster positive total volume ... Read More
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Limited-Service Restaurants in Malaysia
... of boycotting events aimed at multinational chains such as McDonald’s and KFC, which were seen as supporting Israel against the Palestinians. Gerbang Alaf Restaurants Sdn Bhd – licensee of McDonald’s Malaysia - initiated a lawsuit ... Read More
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Consumer Foodservice By Location in Malaysia
... increase in the number of consumer foodservice brands such as McDonald’s, A&W and KFC opening stand-alone outlets beyond the retail space given in shopping malls. This is enabling them to provide different fulfilment methods, with ... Read More
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Street Stalls/Kiosks in Taiwan
... a surge in tourism, which resulted in crowding at tourist spots, restaurants and night markets. Many outdoor activities and national campaigns were launched to encourage the return to night markets. There are usually many clusters ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Taiwan
... seen a surge in demand in the wake of the COVID-19 pandemic, driven by the increased time spent and the constant need to cook and eat at home. With the lifting of pandemic restrictions in ... Read More
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Baked Goods in Taiwan
... for quality packaged backed goods in the country. Consumers have shown a willingness to pay a higher price for better quality products with premium ingredients, unique flavours and visually appealing products. Artisanal bakeries that offer ... Read More
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Self-Service Cafeterias in Taiwan
... has been a strong desire for more social gatherings and eating a big feast. More chained restaurants are promoting the quality of ingredients and have repositioned the all-you-can eat buffet as a fine dining option. ... Read More
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Full-Service Restaurants in Malaysia
... traction in the community. While pioneer brands such as KyoChon 1991, Mr Dakgalbi 4Fingers Crispy Chicken and DubuYo have been doing relatively well in Malaysia, there are other newer brands such as K Fry Urban ... Read More
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Full-Service Restaurants in Taiwan
... of their stores are in shopping areas frequented by young adults, some with outlets operating until 4am. Jhu Jian sells the Taiwanese popular dish hot pot and provides a set buffet including vegetables, ice cream ... Read More
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