International cuisine was one of the cuisine types within coffee & tea shop channels, along with Caribbean cuisine, according to GlobalData’s menu intelligence database. In its menu analysis of coffee & tea shop in Chile report, GlobalData analyses 966 menu items across coffee & tea shop outlets and provides an overview of various foodservice channels in Chile. According to GlobalData, coffee & tea shop makes up 1% of all restaurant types in Chile. Buy the report here.
Hot Drinks was found to be the most-used ingredient in coffee & tea shop establishments, featuring in 48% of menu items, followed by milk and fruit. Cream and cheese were also significant ingredients. An analysis of menu categories reveals that sandwiches & wraps, soft drinks, meal deals and combinations, baked goods & morning goods and hot drinks were most popular within the coffee & tea shop format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in Chile coffee & tea shop channel have risen by 0.28%. Considering all channels (including coffee & tea shop) the average price change was 0.1%. As on-premises dining gains momentum following the COVID-19 pandemic, the coffee & tea shop segment in Chile is expected to experience overall growth. Moreover, the introduction of new menu items that emphasize health and wellness generates interest in those seeking nutritious menu options and greater variety.
Different restaurant types exhibited mixed price movements within Chile foodservice market between 2023 and H1 2024. Of all the restaurant types, coffee & tea shop exhibited highest price hike, while baker experienced a price decrease.
An in-depth analysis of coffee & tea shop price trends by location reveals consumption trends of each region. The graph below represents the change in coffee & tea shop menu prices between 2023 and H1 2024 across the top five locations. As seen below, coffee & tea shop menu items in Temuco became more affordable as compared to Rancagua and La Serena.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the Chilean market, coffee & tea shop operators rely on innovation as a crucial tactic to appeal to customers as well as optimize costs. As increasing number of consumers seek novel experiences, foodservice operators must continuously innovate their menu choices, providing superior taste and quality along with a diverse selection of dishes. Operators should highlight the distinctive tastes and flavors of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Chile coffee & tea shop menu, buy the full report here.
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