Iced tea is one of the food and beverage sub-category offered in restaurants, along with the meat mains – others and meal deals and combinations sub-categories, according to GlobalData’s menu intelligence database. In its menu analysis of the iced tea sub-category in Indonesia report, GlobalData analyses 2,766 menu items from different foodservice outlets and provides an overview of the food categories available across the foodservice channel in Indonesia. According to the report, the iced tea sub-category constituted a 16% share among all restaurant types in Indonesia. Buy the report here.
Hot drinks was found to be the most-used ingredient in the iced tea sub-category featuring in 52% of menu items, followed by fruit and noodle. Rice and chicken were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the iced tea sub-category have dropped by 1.20343e+006%. As on-premises dining gains momentum following the COVID-19 pandemic, the iced tea sub-category in Indonesia is expected to experience overall growth.
Different sub-categories exhibited mixed price movements within Indonesia foodservice market between 2023 and H1 2024. Of all the sub-categories, the wines sub-category exhibited the highest price increase, while iced tea experienced a maximum price decrease.
An in-depth analysis of iced tea sub-category price trend by location reveals consumption trends of each region. The graph below represents the change in iced tea sub-category menu prices during 2022-2024 across the top five locations. As seen below, iced tea sub-category menu items in Badung became more affordable as compared to jakarta and Jakarta Selatan.
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In Indonesia 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 Indonesia sub-category menu, buy the report here.
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