Competition Escalates as Quick-Service Restaurants Fight to Steal Share from Bakery and Coffee Cafes
CHICAGO, Aug. 18, 2015 /CNW/ -- Though bakery and coffee cafes face fierce competition from quick-service restaurants aiming to steal share, Technomic's Canadian Bakery & Coffee Cafe Consumer Trend Report reveals that cafes will continue to thrive as they meet consumers' demands for affordability and convenience while still providing quality. To stay ahead of the competition, these cafes are enhancing beverage programs, adding higher quality fare and integrating more technology to engage consumers and speed up operations.
Find more bakery and coffee cafe insights here:
https://www.technomic.com/Reports_and_Newsletters/Consumer_Trend_Reports/dyn_PubLoad.php?pID=140
"Cafes should highlight and continue to focus efforts on what sets them apart from others in the space, particularly quality, a better-for-you positioning and the overall experience," observes Kelly Weikel, director of consumer insights at Technomic. "But increased competition means they now also have to work harder at justifying price points, innovating their food and beverage lineups but still meeting consumer needs for convenience."
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The Canadian Bakery & Coffee Cafe Consumer Trend Report compiles consumer and menu data from Technomic's proprietary Digital Resource Library and MenuMonitor resources, in addition to survey responses from more than 1,000 Canadian consumers. The report's findings include:
- 77 per cent of consumers visit coffee cafes each month, and 34 per cent visit bakery cafes as often.
- 42 per cent of consumers visit bakery cafes because they enjoy the food while 17 per cent say the same for coffee cafes.
- Breads, such as bagels, English muffins and toast, account for 21 per cent of baked goods at bakery cafes, followed by pastries (11 per cent). Dessert bars top the baked goods at coffee cafes (14 per cent), followed by bagels/English muffins/toast (10 per cent).
The Canadian Bakery & Coffee Cafe Consumer Trend Report is one of many in Technomic's Consumer Trend Report series, offering the most current analysis, insight and opportunities to help grow your business. Our best-in-class intelligence combines 50 years of foodservice expertise with critical findings from more than 8,000 restaurants in 20 Canadian markets.
Technomic publishes a complete library of Consumer Trend Reports. To learn more, please visit Technomic.com or contact one of the individuals listed below. For Technomic updates, please follow us on Twitter, LinkedIn or our blog.
Contacts:
Press Inquiries and Report Details: Kelly Weikel, (312) 506-3830, or [email protected]
Purchasing Details: Patrick Noone, (312) 506-3852, or [email protected]
About Technomic
Only Technomic delivers a 360-degree view of the food industry. We impact growth and profitability for our clients by providing consumer-grounded vision and channel-relevant strategic insights. Our services range from major research studies and management consulting solutions to online databases and simple fact-finding assignments. Our clients include food manufacturers and distributors, restaurants and retailers, other foodservice organizations, and various institutions aligned with the food industry. Visit us at www.technomic.com.
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SOURCE Technomic
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