CGA by NIQ’s April US On Premise Consumer Pulse report shows that topical annual celebrations are benefiting On Premise sales, and how drinks brands can correlate with evolving consumer appetites to optimize sales during the buoyant Spring and Summer seasons.
CGA by NIQ’s latest Consumer Impact Report explores channel visitation across Canada now compared to one year ago and uncovers how Premium channels have seen the largest increase in visitation to the On Premise in 2023.
In the US market Tequila continues to show potential for further growth across the On Premise. In their latest report, CGA by NIQ analyses latest research data to offer an overview of sales performance and consumer trends.
Optimism is growing for the On Premise as consumers maintain their desire to eat and drink out. Using insights from CGA’s annual Business Leaders Survey, Charlie Mitchell, research and insight director, looks at consumer visit frequency in the sector and the opportunities it presents for operators and suppliers.
Strong Easter trading has helped to set up some great opportunities for drinks sales over the string of Bank Holiday weekends in May—but the weather is likely to have the final say on the level of uplift.
Easter holidays helped push On Premise drinks sales into double-digit year-on-year growth last week.
Year-on-year food inflation fell slightly to 20.6% in February 2023, the new CGA Prestige Foodservice Price Index reveals.
On Premise drinks sales hovered either side of last year’s levels over the second half of March, CGA by NIQ’s latest Drinks Recovery Tracker data shows.
CGA by NIQ’s latest Consumer Impact Report explores channel visitation across Canada now compared to one year ago and uncovers how Premium channels have seen the largest increase in visitation to the On Premise in 2023.
After prolonged disruption from COVID-19 lockdowns and trading restrictions, CGA by NIQ’s research reveals a revival for Ireland’s late-night bars over the last 12 months.
As the cost of living crisis mounts, many consumers are turning to the familiarity and value of retro food and drink. CGA by NIQ’s James Ashurst discussed the appetite for nostalgia on a recent episode of Bidfood’s Food and Drink Trends Podcast.
Suppliers have some excellent opportunities for NPD and activations at festivals this summer—but understanding consumers’ attitudes during the cost of living crisis will be key to success.
In 2023 hospitality leaders will need to dig deep and reinvent their business models. At the Peach 20/20 summer meet up Peach @ The Beach – they will shine a light on how you can grow your brand by leveraging tech, data and a laser focus on your ‘profitable dollars’.
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