Condiments and sauces is the leading food category constituting the majority of market share by the number of menu items offered in restaurants, followed by the meat dishes and pasta & pizza categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the condiments and sauces category in Australia report, the condiments and sauces category constitutes a 45% share among all restaurant types in Australia foodservice market. The report analyses 45,267 menu items from different foodservice outlets in Australia and provides an overview of the food categories available across its foodservice channel. Buy the report here.
Cream was found to be the most-used ingredient in the condiments and sauces category, featuring in 30% of menu items, followed by chicken and fungi & mushrooms. Fruit and hot drinks were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the condiments and sauces category remained flat. As on-premises dining gains momentum following the COVID-19 pandemic, the condiments and sauces category in Australia is expected to experience overall growth.
Different categories exhibited mixed price movements within Australia foodservice market between 2023 and H1 2024. Of all the categories, the alcoholic drinks category exhibited the highest price increase, while condiments and sauces experienced a maximum price decrease.
An in-depth analysis of the condiments and sauces category price trend by location reveals consumption trends of each region. The graph below represents the change in condiments and sauces category menu prices during 2022-2024 across the top five locations. As seen below, condiments and sauces category menu items in Perth(Australia) became more affordable as compared to Sydney(Australia) and Adelaide.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Australia market, restaurants 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 flavours of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Australia category menu, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.