In a foodservice marketplace where the appetite for value, quality and convenience seems to keep growing, meal kits offer time-strapped and homebound consumers welcome options for easy-to-prepare home-cooked meals.
As they scramble to make the most of the delivery phenomenon, foodservice operations seem to be waking up in a big way to the sales potential of breakfast delivery.
Topics: Technology, Millennials, Trends, Mobile, Brunch, Casual Dining Restaurant, Delivery, Breakfast, Snack, Grab-and-Go, Convenience, Foodservice Industry, Menu, Distribution, Menu Strategy, Food & Beverage, Sales & Profitability
Once upon a time, before snacking became a daily activity for 94% of Americans surveyed1 and a convenient meal replacement for on-the-go millennials,2 the snacking landscape seemed populated predominantly by little kids with big appetites for tide-you-over treats. With so much attention focused on millennials and their transformative impact on the foodservice industry, we can lose sight of the fact that kids still help drive snack sales and foodservice trends.
Given the insatiable millennial appetite for exciting new flavor experiences and interesting twists on traditional favorites, a fresh idea in ice cream should be milked for all it’s worth—and it could be worth a lot. According to the International Dairy Foods Association (IDFA), about 1.54 billion gallons of ice cream and related frozen desserts were produced in 2015 alone, and the average American consumes more than 23 pounds of ice cream yearly.1
It looks like meal kits are digging in for the long haul—and the future could be a feast of subscription revenue. Designed to deliver fresh, pre-measured ingredients to time-strapped consumers hungry for convenient meal solutions, the global meal kit market topped $1 billion in 2015, according to the market research firm Technomic.1