Thai cuisine was one of the cuisine types in India, along with Indian and Chinese cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of Thai cuisine in India report, GlobalData analyses 539,086 menu items in India and provides an overview of the cuisines available across the foodservice channel in India. According to the report, Thai cuisine makes up 1% of all restaurant types in India. Buy the report here.
Chicken was found to be the most-used ingredient in Thai cuisine featuring in 29% of menu items, followed by herbs, spices & seasonings and rice. Pasta and fish & seafood were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the Thai cuisine have risen by 0.26%. As on-premises dining gains momentum following the COVID-19 pandemic, the Thai cuisine in India is expected to experience overall growth.
Different cuisines exhibited mixed price movements within India foodservice market between 2023 and H1 2024. Of all the cuisines, Chinese cuisine exhibited highest price increase, while International cuisine experienced a maximum price decrease.
An in-depth analysis of Thai cuisine price trend by location reveals consumption trends of each region. The graph below represents the change in Thai cuisine menu prices during 2022-2024 across the top five locations. As seen below, Thai cuisine menu items in Bangalore became more affordable as compared to Mumbai and Pune.
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In the Indian market, restaurant 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 India cuisine menu, buy the report here.
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