American cuisine was one of the cuisine types within venue channels, along with Italian and Indian cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of venue in UAE report, GlobalData analyses 829 menu items across venue outlets and provides an overview of various foodservice channels in UAE. According to GlobalData, venue makes up 0.148% of all restaurant types in UAE. Buy the report here.
Fruit was found to be the most-used ingredient in venue establishments, featuring in 24% of menu items, followed by cheese and vegetables. Salad Vegetables and herbs, spices & seasonings were also significant ingredients. An analysis of menu categories reveals that salads & sides, soft drinks, pasta & pizza, sandwiches & wraps and meat dishes were most popular within the venue format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in UAE venue channel have flat growth. Considering all channels (including venue) the average price change was 0%. As on-premises dining gains momentum following the COVID-19 pandemic, the venue segment in UAE 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 UAE foodservice market between 2023 and H1 2024. Of all the restaurant types, venue exhibited highest price hike, while other retail experienced a price decrease.
An in-depth analysis of venue price trends by location reveals consumption trends of each region. The graph below represents the change in venue menu prices between 2023 and H1 2024 across the top five locations. As seen below, venue menu items in Sharjah became more affordable as compared to Dubai and Abu Dhabi.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the UAE market, venue 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 UAE venue menu, buy the full report here.
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