The UK Foodservice Operators' Business Sentiments and Spending Priorities 2013

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Transcript of The UK Foodservice Operators' Business Sentiments and Spending Priorities 2013

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The UK Foodservice Operators' Business

Sentiments and Spending Priorities 2013

Category : Food Service & Hospitality

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Introduction to Report

Launch Date: March 28, 2013

Number of Pages: 149

Geography Coverage: United Kingdom

Available Format: PDF

Price For Single User License: USD 2,000

Price For Global User License: USD 6,000

Delivery Time: Within 24 Hours (During Working Days)

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About the Report

Spanning over 149 pages and Revenue and Profitability Growth Expectations 2013, Key Drivers of Customer Demand in UK Foodservice Channels, Operators' Concerns and Trends, Supplier Pricing Trends and Marketing Trends and Strategies in the UK Foodservice Industry contents , “The UK Foodservice Operators' Business Sentiments and Spending Priorities 2013” report provides the reader with a definitive analysis of industry sentiments and explores how opportunities and demand are set to change in 2013.

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Key Features and Benefits

Projects the key pricing promotion activities of foodservice operators and forecasts changes in marketing expenditure.

Drives revenues by important parameters for customer satisfaction in the UK foodservice industry.

Identifies the leading concerns of UK foodservice channels.

Formulate effective sales and marketing strategies by identifying changes in marketing expenditure over the next 12 months.

Forecasts the UK foodservice industry executives' media channel preference by revealing in which channels they are looking to invest in over the next 12 months.

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Key Market Issues

Regardless of channel of operation, foodservice operators highlighted ‘seasonal updating of menu and drink menu options' and ‘innovating menu and drink menu options' as key drivers of customer demand.

The most important business concerns are ‘increasing cost of raw materials', ‘decreasing consumer or government expenditure', and ‘increase in VAT'.

‘Locally grown produce', ‘locally sourced meats and seafood', and ‘gluten-free or food allergy conscious' are the prominent trends identified by respondents from profit sector channels.

‘New product development', ‘equipment or machinery purchase', and ‘IT infrastructure development' are areas that will register a ‘significant increase' or ‘increase' in investment from profit sector channels

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Key Highlights1. Overall, 62% of respondents from the profit sector

channels are ‘very confident' or ‘confident' of revenue growth in 2013.

2. With the exception of the catering channel, the majority of respondents across all channels are either ‘very concerned' or ‘moderately concerned' over the costs of displaying nutritional or calorie information on their product offerings.

3. ‘Price', ‘quality of products', ‘existing relationship with supplier', and ‘speed of delivery' are considered key factors for supplier selection by respondents from both profit and cost sector organizations.

4. Survey results show that 51% of respondents from profit sector companies and 63% of respondents from cost sector companies expect ‘no change' in the recruitment activities of their companies.

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Company Coverage (Partial List)

For more details regarding company coverage and TOC see the last slide

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