Meat substitute mains is one of the food and beverage sub-category offered in restaurants, along with the meat mains – others and carbonated soft drinks sub-categories, according to GlobalData’s menu intelligence database. In its menu analysis of the meat substitute mains sub-category in Mexico report, GlobalData analyses 90 menu items from different foodservice outlets and provides an overview of the food categories available across the foodservice channel in Mexico. According to the report, the meat substitute mains sub-category constituted a 0.591% share among all restaurant types in Mexico. Buy the report here.
Soy was found to be the most-used ingredient in the meat substitute mains sub-category featuring in 87% of menu items, followed by salad vegetables and vegetables. Beans & pulses and chilli pepper were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the meat substitute mains sub-category have risen by 6%. As on-premises dining gains momentum following the COVID-19 pandemic, the meat substitute mains sub-category in Mexico is expected to experience overall growth.
Different sub-categories exhibited mixed price movements within Mexico foodservice market between 2023 and H1 2024. Food sub-categories in Mexico witnessed price increase in their food offerings in the mentioned timeline. Out of these, noodles - side sub-category saw highest price increase.
An in-depth analysis of meat substitute mains sub-category price trend by location reveals consumption trends of each region. The graph below represents the change in meat substitute mains sub-category menu prices during 2022-2024 across the top five locations. As seen below, meat substitute mains sub-category menu items in Villahermosa became more affordable as compared to Mexico City and Ciudad De Mexico.
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In Mexico 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 Mexico sub-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.