SlideShare a Scribd company logo
1 of 20
eden strategy institute
R E T A I L & C O N S U M E R
Recent Trends in the
Global F&B Sector
S O C I A L I N N O V A T I O N P L A Y B O O K S E R I E S
VAPERF&B
ESTABLISHMENT
2009 20132010 2011 2012
30%
5 - y e a r F & B s e c t o r p r o d u c t i v i t y g r o w t h
C H A L L E N G E S
• High turnover of skilled manpower and
poor service quality
• High capital and operating expenses
• Fickle tastes of consumers despite strong
food culture
• Competitive marketplace
• Low adoption of technology, research,
measurement, and benchmarking
Labour
forecastingAggregator
delivery models
Self-
servicing
Online
reservations
Central
kitchens
POS-inventory
automation
Industrial
automation
2eden strategy institute | 2
The Food & Beverage sector needs to stay ahead of global trends,
in order to sustain and accelerate its growth trajectory
PA S T E F F O R T S
• Promote innovation and service excellence
• Upgrade manpower and HR capabilities
• Introduce new dining concepts and
celebrity chefs
• Increase awareness of productivity drive
and inspire with success stories
• Offer infrastructure support and
productivity expertise
F&B is in a state of rapid evolution, with constant changes in
consumer demand, new players, and ecosystem dynamics
Operations
Chefs &
Service Staff
Real Estate
Asset Owners
Technology
Providers
Non-Profit OrganizationsGovernment
Labs
Farms
Cooperatives
Services &
Entertainment
F&B Outlets Consumers
Value
exchange
Regulation
& Licensing
3P Partnerships
Cause marketing
Collaborations
Production
Technology
Standards &
infrastructure
Employment
Industry
development
Space &
Joint marketing
Logistics
Outsourced
activities
Investments &
Food security
3eden strategy institute | 3
Talent pool
Consumption
Technology
Ingredients
Kitchen
ENGAGING CUSTOMERS WITH PARTICIPATORY DINING
KEY IMPLICATIONS
Increased customer satisfaction by personalizing menus
Increased Share Of Wallet by transforming waiting time into active involvement
Redesign work processes to better engage customers
Cooking class + Dining
+ Team-building at
Food Playground
eden strategy institute | 4
PREDICTING ORDERS BASED ON EYE MOVEMENTS
KEY IMPLICATIONS
Increased conversion rate with targeted on-
the-spot menu recommendations
Big Data analytics to evolve food menu Pizza Hut menu based on
eye movement analysis
5eden strategy institute | 5
COOKING WITH A 3D FOOD PRINTER
KEY IMPLICATIONS
Lower stock value and reduced shrinkage
through commoditized ingredients
Perfect product standardization for
franchising
Possibility to ‘design’ a meal with a
smartphone
Open Electronics'
3D Food Printer
eden strategy institute | 6
UPSCALING FOOD COURTS INTO FOOD HALLS
Essen ‘food hall’ in Singapore gaining
popularity with its upmarket yet casual
ambience and artisanal fare
KEY IMPLICATIONS
A variety of gourmet selections in
a single location
High food quality at reasonable
operating costs
Lower entry barriers resulting in
increased competition
New rental yield dynamics with
transformed space design
7eden strategy institute | 7
Novelty-seeking consumers embrace
pop-up dining at Dîner en Blanc
FROM EATING TO ‘EATERTAINMENT’
KEY IMPLICATIONS
Maximized time and utility with multi-
sensory experiences
Increased Share of Wallet
F&B as a new channel to develop cultural,
social, and artistic dining concepts
8eden strategy institute | 8
BRINGING THE RESTAURANT HOME WITH PRIVATE DINING
KEY IMPLICATIONS
Human capital valued as assets instead of
cost
Reduced labour turnover with chefs
enjoying greater freedoms to experiment
Disrupted tenant-mix with shopless
modelsHome Chef and
Private Kitchen services
9eden strategy institute | 9
GOING BACK TO BASICS WITH UNPROCESSED FOOD
KEY IMPLICATIONS
New food processing certifications
Emergence of innovative conservation
and packaging technologies
New avenues for market
differentiation
Use of
unprocessed
ingredients
10eden strategy institute | 10
CONSUMING TO SUPPORT SOCIAL CAUSES
KEY IMPLICATIONS
F&B consumption as a channel
of expression to support social
causes
Addressing social impact beyond
financial metrics to align with
consumer aspirations
New fundraising channels and
models for NGOs
UNICEF Tap Project encourages restaurant
patrons to donate $1 or more for the tap
water they usually enjoy for free
11eden strategy institute | 11
SOURCING LOCALLY WITH URBAN FARM-TO-TABLE MODELS
Farm-to-Table
production
KEY IMPLICATIONS
Decline of wholesale ingredients
Rising profits of food producers
Premium pricing and increase in
average customer spend
Growth of the urban farming
movement
12eden strategy institute | 12
ACCESSING REAL-TIME INFORMATION WITH AUGMENTED REALITY
KEY IMPLICATIONS
High information symmetry challenging
product differentiation
Coincidence of F&B retail and quantified-
self technologies
Increase of digital peer recommendations
as a sales opportunityAugmented
Reality Software
13eden strategy institute | 13
‘UBER-IZATION’ OF FOOD DELIVERY
Peer-to-peer
delivery platforms
KEY IMPLICATIONS
Generational need for convenience and instant gratification
Reduced capital expenditure with on-demand P2P models
Wide customer reach without directly investing in a physical
distribution network
14eden strategy institute | 14
RECYCLING FOOD WASTE TO MAXIMIZE USAGE
KEY IMPLICATIONS
Reducing food costs
Monetizing waste and reducing
shrinkage ratio
Addressing wastage and poverty
simultaneously
A community food-
waste cooking
session by Disco Soup
15eden strategy institute | 15
In vitro meat culture
KEY IMPLICATIONS
Improved food security and self-sufficiency
Naturally-grown food as the new luxury
Controlled production outputs to stabilize
price fluctuations
Making food production possible in space-
constrained environments
EXPLORING LAB-GROWN FOOD SUPPLY SOURCES
16eden strategy institute | 16
TAPPING INTO UNCONVENTIONAL TALENT POOLS
KEY IMPLICATIONS
Tailor job scopes, technology, work
processes and space for elders
Find unique and valuable capabilities
among the handicapped
Reduce manpower turnover and
release human potential
17eden strategy institute | 17
Resource
Optimization
Mass
Customization
Affordable
Luxury
Conscious
Consumption
Mega Drivers
• Engaging customers with participatory dining
• Predicting orders based on eye movements
• 3D food printing
• Upscaling food courts into food halls
• From eating to ‘Eatertainment’
• Bringing the restaurant home with private dining
• Going back to basics with unprocessed food
• Consuming to support social causes
• Sourcing locally with urban farm-to-table models
• Real-time information with augmented reality
• ‘Uber-ization’ of food delivery
• Recycling food waste to maximize usage
• Exploring lab-grown food supply sources
• Tapping into unconventional talent pools
The Future of F&B
COOKING WITH A 3D FOOD PRINTER
Four key driving forces will reshape the current F&B sector, and offer
new opportunities for growth
eden strategy institute | 18
Implications
How do we balance
between providing unique
experiences, and serving
the mass market?
What thrills can we
design for everyday
consumption?
Can we use resources
more efficiently and
sustainably?
How can we positively
align the needs of
consumers with our
impact on society?
What we do. Eden Strategy Institute approaches the global issues of disease, poverty, illiteracy, and exploitation head-on, by
formulating strategies, models, processes, products, and designs that help our clients create, realize, and sustain quantum
profit in addressing these issues. We focus exclusively on empowering business strategies with Social Innovations that create
enduring financial impact, such as infusing innovations in Education, developing compelling propositions for the Emerging
Middle Class, creating Social Business Models and Ethical Supply Chains, serving the Silver Economy, and transforming Public
Service.
Eden’s Retail & Consumer Practice. Eden is experienced in Food & Beverage, Fast-Moving Consumer Goods, White and Brown
durables, Travel and Hospitality, Wholesale and Retail Trade, as well as Lifestyle and Luxury products. Our work in this sector
ranges from training and incentives for Trade Marketing; footfall and shelf space management for Retail Marketing; store
layouts and need states for Shopper Marketing; to decision-making, and Net Promoter Scores for Consumer Marketing.
Using a mix of business-to-business, consumer, quantitative, qualitative, ethnographic, neuromarketing, and analytics
methodologies, we identify future trends and micro-segments, develop product pipelines, manage categories, build brands,
create emotions, gauge advertising effectiveness, devise retail strategies and in-store programs, and model pricing analytics,
customer loyalty, and store locations. These apply not only to restaurants, department stores, designer shops, and
supermarkets, but also to airports, hotels, libraries, museums, theatres, and trade shows – everywhere people make purchase
decisions., as well as the infrastructure, policies, and investments around them.
We advise brand stewards on how to inspire trust and advantage with responsible labeling and reporting, discover new
purchasing drivers such as healthy living or life fulfillment, infuse computational analytics in their strategic marketing
decisions, differentiate their brands with cause marketing, relook at the promise of “mom & pop” channels, and redefine
entire user experiences such as with ecotourism or connoisseurship.
Our philosophy. We believe in the power of ideas to positively shape our world, one client at a time. Our focus is unparalleled
in bringing to bear our entire senior management team, as well as the world’s foremost experts, on our clients’ most pressing
sustainability issues. In turn, we elect to only collaborate with clients who are seriously committed to creating value together.
Asia’s leader in Social Innovation Consulting
ABOUT EDEN STRATEGY INSTITUTE
19eden strategy institute | 19
Thank you
eden strategy institute
Contacts: Calvin Chu Yee Ming, Partner
Frederic Schmidt, Strategy Analyst
Eden Strategy Institute
T: +65 9751 5817
E: query@edenstrategyinstitute.com
www.edenstrategyinstitute.com

More Related Content

What's hot

Intro to quantity food production and purchasing
Intro to quantity food production and purchasingIntro to quantity food production and purchasing
Intro to quantity food production and purchasingOLFU-AC
 
HOSPITALITY FOOD & BEVERAGE SERVICE
HOSPITALITY FOOD & BEVERAGE SERVICE HOSPITALITY FOOD & BEVERAGE SERVICE
HOSPITALITY FOOD & BEVERAGE SERVICE Brahmas Pandey
 
Food cycle or food and beverages service cycle
Food cycle or food and beverages service cycleFood cycle or food and beverages service cycle
Food cycle or food and beverages service cycleAnup Bajracharya
 
Menu Engineering
Menu EngineeringMenu Engineering
Menu EngineeringSyed Abbas
 
Food service industry
Food service industryFood service industry
Food service industrykellimccabe
 
Food and beverage services
Food and beverage services Food and beverage services
Food and beverage services Gautam Kumar
 
Presentation on F & B (Food & Beverage)
Presentation on F & B (Food & Beverage)Presentation on F & B (Food & Beverage)
Presentation on F & B (Food & Beverage)Sambit Biswal
 
Factors to consider in menu planning
Factors to consider in menu planningFactors to consider in menu planning
Factors to consider in menu planningKaye Espina
 
Food and beverage service ppt.
Food and beverage service ppt.Food and beverage service ppt.
Food and beverage service ppt.Sandeep Gupta
 
Principals of quantity cooking
Principals of quantity cookingPrincipals of quantity cooking
Principals of quantity cookingindian chefrecipe
 
Purchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing FoodPurchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing FoodThannia Sabado
 
Culinary history
Culinary historyCulinary history
Culinary historyArjun Ghai
 
Table service quiz#1
Table service quiz#1Table service quiz#1
Table service quiz#1Yire Fabre
 

What's hot (20)

Menu Planning, Costing, Engineering
Menu Planning, Costing, EngineeringMenu Planning, Costing, Engineering
Menu Planning, Costing, Engineering
 
food service industry
food service industryfood service industry
food service industry
 
Kitchen basics ppt.
Kitchen basics ppt.Kitchen basics ppt.
Kitchen basics ppt.
 
Intro to quantity food production and purchasing
Intro to quantity food production and purchasingIntro to quantity food production and purchasing
Intro to quantity food production and purchasing
 
HOSPITALITY FOOD & BEVERAGE SERVICE
HOSPITALITY FOOD & BEVERAGE SERVICE HOSPITALITY FOOD & BEVERAGE SERVICE
HOSPITALITY FOOD & BEVERAGE SERVICE
 
Food cycle or food and beverages service cycle
Food cycle or food and beverages service cycleFood cycle or food and beverages service cycle
Food cycle or food and beverages service cycle
 
Menu Engineering
Menu EngineeringMenu Engineering
Menu Engineering
 
Food service industry
Food service industryFood service industry
Food service industry
 
Food and beverage services
Food and beverage services Food and beverage services
Food and beverage services
 
Presentation on F & B (Food & Beverage)
Presentation on F & B (Food & Beverage)Presentation on F & B (Food & Beverage)
Presentation on F & B (Food & Beverage)
 
Factors to consider in menu planning
Factors to consider in menu planningFactors to consider in menu planning
Factors to consider in menu planning
 
Food cost control
Food cost control Food cost control
Food cost control
 
Food and beverage service ppt.
Food and beverage service ppt.Food and beverage service ppt.
Food and beverage service ppt.
 
Principals of quantity cooking
Principals of quantity cookingPrincipals of quantity cooking
Principals of quantity cooking
 
Bar management ppt
Bar management pptBar management ppt
Bar management ppt
 
Asian Cuisine.pptx
Asian Cuisine.pptxAsian Cuisine.pptx
Asian Cuisine.pptx
 
Purchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing FoodPurchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing Food
 
Culinary history
Culinary historyCulinary history
Culinary history
 
Table service quiz#1
Table service quiz#1Table service quiz#1
Table service quiz#1
 
Food and Beverages
Food and BeveragesFood and Beverages
Food and Beverages
 

Viewers also liked

Baking Cakes #6
Baking Cakes #6Baking Cakes #6
Baking Cakes #6Sgt
 
Different types of Cake
Different types of CakeDifferent types of Cake
Different types of CakeQA Ilagan
 
Types of Cakes, Butter Cakes, Sponge Cakes and More
Types of Cakes, Butter Cakes, Sponge Cakes and MoreTypes of Cakes, Butter Cakes, Sponge Cakes and More
Types of Cakes, Butter Cakes, Sponge Cakes and MorePrimetime Safaris
 
Classification of Cakes
Classification of CakesClassification of Cakes
Classification of CakesMelinda Chavez
 
Types and characteristic features of cakes
Types and characteristic features of cakesTypes and characteristic features of cakes
Types and characteristic features of cakesjasmine166
 
Bread and Pastry Production (Baking Tools and Equipment and their Uses )
Bread and Pastry Production (Baking Tools and Equipment and their Uses )Bread and Pastry Production (Baking Tools and Equipment and their Uses )
Bread and Pastry Production (Baking Tools and Equipment and their Uses )Mary Krystle Dawn Sulleza
 
The basic cooking methods
The basic cooking methodsThe basic cooking methods
The basic cooking methodsAnn Darjuan
 
Methods of cooking ppt
Methods of cooking pptMethods of cooking ppt
Methods of cooking pptlaurahuang
 
WHAT’S ON THE MENU IN 2017: Global Food and Beverage Trends
WHAT’S ON THE MENU IN 2017: Global Food and Beverage TrendsWHAT’S ON THE MENU IN 2017: Global Food and Beverage Trends
WHAT’S ON THE MENU IN 2017: Global Food and Beverage TrendsEdelman
 

Viewers also liked (13)

cooking methods
cooking methodscooking methods
cooking methods
 
Baking Cakes #6
Baking Cakes #6Baking Cakes #6
Baking Cakes #6
 
Different types of Cake
Different types of CakeDifferent types of Cake
Different types of Cake
 
Types of Cakes, Butter Cakes, Sponge Cakes and More
Types of Cakes, Butter Cakes, Sponge Cakes and MoreTypes of Cakes, Butter Cakes, Sponge Cakes and More
Types of Cakes, Butter Cakes, Sponge Cakes and More
 
Classification of Cakes
Classification of CakesClassification of Cakes
Classification of Cakes
 
Types and characteristic features of cakes
Types and characteristic features of cakesTypes and characteristic features of cakes
Types and characteristic features of cakes
 
Method of cooking
Method of cookingMethod of cooking
Method of cooking
 
Bread and Pastry Production (Baking Tools and Equipment and their Uses )
Bread and Pastry Production (Baking Tools and Equipment and their Uses )Bread and Pastry Production (Baking Tools and Equipment and their Uses )
Bread and Pastry Production (Baking Tools and Equipment and their Uses )
 
The basic cooking methods
The basic cooking methodsThe basic cooking methods
The basic cooking methods
 
Methods of cooking ppt
Methods of cooking pptMethods of cooking ppt
Methods of cooking ppt
 
K to 12 Bread and Pastry Learning Module
K to 12 Bread and Pastry Learning ModuleK to 12 Bread and Pastry Learning Module
K to 12 Bread and Pastry Learning Module
 
07 methods of cooking
07  methods of cooking07  methods of cooking
07 methods of cooking
 
WHAT’S ON THE MENU IN 2017: Global Food and Beverage Trends
WHAT’S ON THE MENU IN 2017: Global Food and Beverage TrendsWHAT’S ON THE MENU IN 2017: Global Food and Beverage Trends
WHAT’S ON THE MENU IN 2017: Global Food and Beverage Trends
 

Similar to Recent Trends in the Global Food & Beverage Sector

Future of Off-Premise Dining - Emerging View.pdf
Future of Off-Premise Dining - Emerging View.pdfFuture of Off-Premise Dining - Emerging View.pdf
Future of Off-Premise Dining - Emerging View.pdfFuture Agenda
 
W17 Cafe Final Deliverables
W17 Cafe Final DeliverablesW17 Cafe Final Deliverables
W17 Cafe Final DeliverablesMichael Nguyen
 
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...Surya Adavi
 
AMFConsulting_WholeFoods_LOTCase2015_Rice
AMFConsulting_WholeFoods_LOTCase2015_RiceAMFConsulting_WholeFoods_LOTCase2015_Rice
AMFConsulting_WholeFoods_LOTCase2015_RiceDureeti Gaga
 
Future of off premise dining an initial perspective - 01 03 22
Future of off premise dining   an initial perspective - 01 03 22 Future of off premise dining   an initial perspective - 01 03 22
Future of off premise dining an initial perspective - 01 03 22 Future Agenda
 
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery Apps
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery AppsFood for Thought: Industry Benchmarks & Best Practices for Food Delivery Apps
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery AppsCleverTap
 
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!National Retail Federation
 
Sfofr module 1 online
Sfofr module 1 onlineSfofr module 1 online
Sfofr module 1 onlinestreetfood
 
Leading Foodservice Giant Thrive In The New Normal | LTIMindtree
Leading Foodservice Giant Thrive In The New Normal | LTIMindtreeLeading Foodservice Giant Thrive In The New Normal | LTIMindtree
Leading Foodservice Giant Thrive In The New Normal | LTIMindtreeshashanksalunkhe12
 
McDonalds - Case Study
McDonalds - Case StudyMcDonalds - Case Study
McDonalds - Case Studyakashbalram
 
Food Retail Market Landscape Strategies for Success in the Dynamic
Food Retail Market Landscape Strategies for Success in the DynamicFood Retail Market Landscape Strategies for Success in the Dynamic
Food Retail Market Landscape Strategies for Success in the Dynamicganeshdukare428
 
Fresh leaves businessplan_final
Fresh leaves businessplan_finalFresh leaves businessplan_final
Fresh leaves businessplan_finalCharlotte Terrien
 
6 Restaurant Trends Shaping 2020.pdf
6 Restaurant Trends Shaping 2020.pdf6 Restaurant Trends Shaping 2020.pdf
6 Restaurant Trends Shaping 2020.pdfeatospossystem
 
Using business model for innovating government services
Using business model for innovating government servicesUsing business model for innovating government services
Using business model for innovating government servicesKul Bhushan Saxena
 
Finance Transformation Agenda Resulting In Tangible Business Benefits
Finance Transformation Agenda Resulting In Tangible Business BenefitsFinance Transformation Agenda Resulting In Tangible Business Benefits
Finance Transformation Agenda Resulting In Tangible Business BenefitsSSFIndia1
 
Compass edge - Healthy Vending Machine
Compass edge - Healthy Vending Machine Compass edge - Healthy Vending Machine
Compass edge - Healthy Vending Machine Tannis Huang
 
West 50 Presentation
West 50 PresentationWest 50 Presentation
West 50 PresentationAldrin Dias
 

Similar to Recent Trends in the Global Food & Beverage Sector (20)

Future of Off-Premise Dining - Emerging View.pdf
Future of Off-Premise Dining - Emerging View.pdfFuture of Off-Premise Dining - Emerging View.pdf
Future of Off-Premise Dining - Emerging View.pdf
 
W17 Cafe Final Deliverables
W17 Cafe Final DeliverablesW17 Cafe Final Deliverables
W17 Cafe Final Deliverables
 
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
 
Juice n bowls restaurant
Juice n bowls restaurantJuice n bowls restaurant
Juice n bowls restaurant
 
AMFConsulting_WholeFoods_LOTCase2015_Rice
AMFConsulting_WholeFoods_LOTCase2015_RiceAMFConsulting_WholeFoods_LOTCase2015_Rice
AMFConsulting_WholeFoods_LOTCase2015_Rice
 
Future of off premise dining an initial perspective - 01 03 22
Future of off premise dining   an initial perspective - 01 03 22 Future of off premise dining   an initial perspective - 01 03 22
Future of off premise dining an initial perspective - 01 03 22
 
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery Apps
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery AppsFood for Thought: Industry Benchmarks & Best Practices for Food Delivery Apps
Food for Thought: Industry Benchmarks & Best Practices for Food Delivery Apps
 
Sfofr module 1 powerpoint
Sfofr module 1 powerpointSfofr module 1 powerpoint
Sfofr module 1 powerpoint
 
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
 
Sfofr module 1 online
Sfofr module 1 onlineSfofr module 1 online
Sfofr module 1 online
 
Leading Foodservice Giant Thrive In The New Normal | LTIMindtree
Leading Foodservice Giant Thrive In The New Normal | LTIMindtreeLeading Foodservice Giant Thrive In The New Normal | LTIMindtree
Leading Foodservice Giant Thrive In The New Normal | LTIMindtree
 
McDonalds - Case Study
McDonalds - Case StudyMcDonalds - Case Study
McDonalds - Case Study
 
Food Retail Market Landscape Strategies for Success in the Dynamic
Food Retail Market Landscape Strategies for Success in the DynamicFood Retail Market Landscape Strategies for Success in the Dynamic
Food Retail Market Landscape Strategies for Success in the Dynamic
 
Fresh leaves businessplan_final
Fresh leaves businessplan_finalFresh leaves businessplan_final
Fresh leaves businessplan_final
 
Presentacion Fin Bom.pptx
Presentacion Fin Bom.pptxPresentacion Fin Bom.pptx
Presentacion Fin Bom.pptx
 
6 Restaurant Trends Shaping 2020.pdf
6 Restaurant Trends Shaping 2020.pdf6 Restaurant Trends Shaping 2020.pdf
6 Restaurant Trends Shaping 2020.pdf
 
Using business model for innovating government services
Using business model for innovating government servicesUsing business model for innovating government services
Using business model for innovating government services
 
Finance Transformation Agenda Resulting In Tangible Business Benefits
Finance Transformation Agenda Resulting In Tangible Business BenefitsFinance Transformation Agenda Resulting In Tangible Business Benefits
Finance Transformation Agenda Resulting In Tangible Business Benefits
 
Compass edge - Healthy Vending Machine
Compass edge - Healthy Vending Machine Compass edge - Healthy Vending Machine
Compass edge - Healthy Vending Machine
 
West 50 Presentation
West 50 PresentationWest 50 Presentation
West 50 Presentation
 

More from Eden Strategy Institute LLP (11)

The Green Career Pivot
The Green Career PivotThe Green Career Pivot
The Green Career Pivot
 
Eden COVID19 Hard Reset
Eden COVID19 Hard ResetEden COVID19 Hard Reset
Eden COVID19 Hard Reset
 
Developing Future Capabilities in Singapore's Built Environment
Developing Future Capabilities in Singapore's Built EnvironmentDeveloping Future Capabilities in Singapore's Built Environment
Developing Future Capabilities in Singapore's Built Environment
 
Healthcare Social Innovation
Healthcare Social InnovationHealthcare Social Innovation
Healthcare Social Innovation
 
Developing Smart, Sustainable, and Loveable Cities
Developing Smart, Sustainable, and Loveable CitiesDeveloping Smart, Sustainable, and Loveable Cities
Developing Smart, Sustainable, and Loveable Cities
 
Asia's Quiet War on Lung Cancer
Asia's Quiet War on Lung CancerAsia's Quiet War on Lung Cancer
Asia's Quiet War on Lung Cancer
 
Transforming Public Service
Transforming Public ServiceTransforming Public Service
Transforming Public Service
 
The Science of Buying
The Science of BuyingThe Science of Buying
The Science of Buying
 
Sustaining a Lucrative Career in the Arts
Sustaining a Lucrative Career in the ArtsSustaining a Lucrative Career in the Arts
Sustaining a Lucrative Career in the Arts
 
Shaping the Classrooms of our Future
Shaping the Classrooms of our FutureShaping the Classrooms of our Future
Shaping the Classrooms of our Future
 
Water management innovation in China
Water management innovation in ChinaWater management innovation in China
Water management innovation in China
 

Recently uploaded

Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 

Recently uploaded (20)

Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 

Recent Trends in the Global Food & Beverage Sector

  • 1. eden strategy institute R E T A I L & C O N S U M E R Recent Trends in the Global F&B Sector S O C I A L I N N O V A T I O N P L A Y B O O K S E R I E S
  • 2. VAPERF&B ESTABLISHMENT 2009 20132010 2011 2012 30% 5 - y e a r F & B s e c t o r p r o d u c t i v i t y g r o w t h C H A L L E N G E S • High turnover of skilled manpower and poor service quality • High capital and operating expenses • Fickle tastes of consumers despite strong food culture • Competitive marketplace • Low adoption of technology, research, measurement, and benchmarking Labour forecastingAggregator delivery models Self- servicing Online reservations Central kitchens POS-inventory automation Industrial automation 2eden strategy institute | 2 The Food & Beverage sector needs to stay ahead of global trends, in order to sustain and accelerate its growth trajectory PA S T E F F O R T S • Promote innovation and service excellence • Upgrade manpower and HR capabilities • Introduce new dining concepts and celebrity chefs • Increase awareness of productivity drive and inspire with success stories • Offer infrastructure support and productivity expertise
  • 3. F&B is in a state of rapid evolution, with constant changes in consumer demand, new players, and ecosystem dynamics Operations Chefs & Service Staff Real Estate Asset Owners Technology Providers Non-Profit OrganizationsGovernment Labs Farms Cooperatives Services & Entertainment F&B Outlets Consumers Value exchange Regulation & Licensing 3P Partnerships Cause marketing Collaborations Production Technology Standards & infrastructure Employment Industry development Space & Joint marketing Logistics Outsourced activities Investments & Food security 3eden strategy institute | 3 Talent pool Consumption Technology Ingredients Kitchen
  • 4. ENGAGING CUSTOMERS WITH PARTICIPATORY DINING KEY IMPLICATIONS Increased customer satisfaction by personalizing menus Increased Share Of Wallet by transforming waiting time into active involvement Redesign work processes to better engage customers Cooking class + Dining + Team-building at Food Playground eden strategy institute | 4
  • 5. PREDICTING ORDERS BASED ON EYE MOVEMENTS KEY IMPLICATIONS Increased conversion rate with targeted on- the-spot menu recommendations Big Data analytics to evolve food menu Pizza Hut menu based on eye movement analysis 5eden strategy institute | 5
  • 6. COOKING WITH A 3D FOOD PRINTER KEY IMPLICATIONS Lower stock value and reduced shrinkage through commoditized ingredients Perfect product standardization for franchising Possibility to ‘design’ a meal with a smartphone Open Electronics' 3D Food Printer eden strategy institute | 6
  • 7. UPSCALING FOOD COURTS INTO FOOD HALLS Essen ‘food hall’ in Singapore gaining popularity with its upmarket yet casual ambience and artisanal fare KEY IMPLICATIONS A variety of gourmet selections in a single location High food quality at reasonable operating costs Lower entry barriers resulting in increased competition New rental yield dynamics with transformed space design 7eden strategy institute | 7
  • 8. Novelty-seeking consumers embrace pop-up dining at Dîner en Blanc FROM EATING TO ‘EATERTAINMENT’ KEY IMPLICATIONS Maximized time and utility with multi- sensory experiences Increased Share of Wallet F&B as a new channel to develop cultural, social, and artistic dining concepts 8eden strategy institute | 8
  • 9. BRINGING THE RESTAURANT HOME WITH PRIVATE DINING KEY IMPLICATIONS Human capital valued as assets instead of cost Reduced labour turnover with chefs enjoying greater freedoms to experiment Disrupted tenant-mix with shopless modelsHome Chef and Private Kitchen services 9eden strategy institute | 9
  • 10. GOING BACK TO BASICS WITH UNPROCESSED FOOD KEY IMPLICATIONS New food processing certifications Emergence of innovative conservation and packaging technologies New avenues for market differentiation Use of unprocessed ingredients 10eden strategy institute | 10
  • 11. CONSUMING TO SUPPORT SOCIAL CAUSES KEY IMPLICATIONS F&B consumption as a channel of expression to support social causes Addressing social impact beyond financial metrics to align with consumer aspirations New fundraising channels and models for NGOs UNICEF Tap Project encourages restaurant patrons to donate $1 or more for the tap water they usually enjoy for free 11eden strategy institute | 11
  • 12. SOURCING LOCALLY WITH URBAN FARM-TO-TABLE MODELS Farm-to-Table production KEY IMPLICATIONS Decline of wholesale ingredients Rising profits of food producers Premium pricing and increase in average customer spend Growth of the urban farming movement 12eden strategy institute | 12
  • 13. ACCESSING REAL-TIME INFORMATION WITH AUGMENTED REALITY KEY IMPLICATIONS High information symmetry challenging product differentiation Coincidence of F&B retail and quantified- self technologies Increase of digital peer recommendations as a sales opportunityAugmented Reality Software 13eden strategy institute | 13
  • 14. ‘UBER-IZATION’ OF FOOD DELIVERY Peer-to-peer delivery platforms KEY IMPLICATIONS Generational need for convenience and instant gratification Reduced capital expenditure with on-demand P2P models Wide customer reach without directly investing in a physical distribution network 14eden strategy institute | 14
  • 15. RECYCLING FOOD WASTE TO MAXIMIZE USAGE KEY IMPLICATIONS Reducing food costs Monetizing waste and reducing shrinkage ratio Addressing wastage and poverty simultaneously A community food- waste cooking session by Disco Soup 15eden strategy institute | 15
  • 16. In vitro meat culture KEY IMPLICATIONS Improved food security and self-sufficiency Naturally-grown food as the new luxury Controlled production outputs to stabilize price fluctuations Making food production possible in space- constrained environments EXPLORING LAB-GROWN FOOD SUPPLY SOURCES 16eden strategy institute | 16
  • 17. TAPPING INTO UNCONVENTIONAL TALENT POOLS KEY IMPLICATIONS Tailor job scopes, technology, work processes and space for elders Find unique and valuable capabilities among the handicapped Reduce manpower turnover and release human potential 17eden strategy institute | 17
  • 18. Resource Optimization Mass Customization Affordable Luxury Conscious Consumption Mega Drivers • Engaging customers with participatory dining • Predicting orders based on eye movements • 3D food printing • Upscaling food courts into food halls • From eating to ‘Eatertainment’ • Bringing the restaurant home with private dining • Going back to basics with unprocessed food • Consuming to support social causes • Sourcing locally with urban farm-to-table models • Real-time information with augmented reality • ‘Uber-ization’ of food delivery • Recycling food waste to maximize usage • Exploring lab-grown food supply sources • Tapping into unconventional talent pools The Future of F&B COOKING WITH A 3D FOOD PRINTER Four key driving forces will reshape the current F&B sector, and offer new opportunities for growth eden strategy institute | 18 Implications How do we balance between providing unique experiences, and serving the mass market? What thrills can we design for everyday consumption? Can we use resources more efficiently and sustainably? How can we positively align the needs of consumers with our impact on society?
  • 19. What we do. Eden Strategy Institute approaches the global issues of disease, poverty, illiteracy, and exploitation head-on, by formulating strategies, models, processes, products, and designs that help our clients create, realize, and sustain quantum profit in addressing these issues. We focus exclusively on empowering business strategies with Social Innovations that create enduring financial impact, such as infusing innovations in Education, developing compelling propositions for the Emerging Middle Class, creating Social Business Models and Ethical Supply Chains, serving the Silver Economy, and transforming Public Service. Eden’s Retail & Consumer Practice. Eden is experienced in Food & Beverage, Fast-Moving Consumer Goods, White and Brown durables, Travel and Hospitality, Wholesale and Retail Trade, as well as Lifestyle and Luxury products. Our work in this sector ranges from training and incentives for Trade Marketing; footfall and shelf space management for Retail Marketing; store layouts and need states for Shopper Marketing; to decision-making, and Net Promoter Scores for Consumer Marketing. Using a mix of business-to-business, consumer, quantitative, qualitative, ethnographic, neuromarketing, and analytics methodologies, we identify future trends and micro-segments, develop product pipelines, manage categories, build brands, create emotions, gauge advertising effectiveness, devise retail strategies and in-store programs, and model pricing analytics, customer loyalty, and store locations. These apply not only to restaurants, department stores, designer shops, and supermarkets, but also to airports, hotels, libraries, museums, theatres, and trade shows – everywhere people make purchase decisions., as well as the infrastructure, policies, and investments around them. We advise brand stewards on how to inspire trust and advantage with responsible labeling and reporting, discover new purchasing drivers such as healthy living or life fulfillment, infuse computational analytics in their strategic marketing decisions, differentiate their brands with cause marketing, relook at the promise of “mom & pop” channels, and redefine entire user experiences such as with ecotourism or connoisseurship. Our philosophy. We believe in the power of ideas to positively shape our world, one client at a time. Our focus is unparalleled in bringing to bear our entire senior management team, as well as the world’s foremost experts, on our clients’ most pressing sustainability issues. In turn, we elect to only collaborate with clients who are seriously committed to creating value together. Asia’s leader in Social Innovation Consulting ABOUT EDEN STRATEGY INSTITUTE 19eden strategy institute | 19
  • 20. Thank you eden strategy institute Contacts: Calvin Chu Yee Ming, Partner Frederic Schmidt, Strategy Analyst Eden Strategy Institute T: +65 9751 5817 E: query@edenstrategyinstitute.com www.edenstrategyinstitute.com