Baked goods & morning goods is the leading food category constituting the majority of market share by the number of menu items offered in restaurants, followed by the soft drinks and salads & sides categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the baked goods & morning goods category in Costa Rica report, the baked goods & morning goods category constitutes a 52% share among all restaurant types in Costa Rica foodservice market. The report analyses 279 menu items from different foodservice outlets in Costa Rica and provides an overview of the food categories available across its foodservice channel. Buy the report here.
Fruit was found to be the most-used ingredient in the baked goods & morning goods category, featuring in 20% of menu items, followed by confectionery and cream. Milk and cheese were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the baked goods & morning goods category have dropped by 36%. As on-premises dining gains momentum following the COVID-19 pandemic, the baked goods & morning goods category in Costa Rica is expected to experience overall growth.
Different categories exhibited mixed price movements within Costa Rica foodservice market between 2023 and H1 2024. Of all the categories, the sandwiches & wraps category exhibited the highest price increase, while baked goods & morning goods experienced a maximum price decrease.
An in-depth analysis of the baked goods & morning goods category price trend by location reveals consumption trends of each region. The graph below represents the change in baked goods & morning goods category menu prices during 2022-2024 across the top five locations. As seen below, baked goods & morning goods category menu items in San Jose Costa Rica became more affordable as compared to Liberia and San Jose Costa Rica.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Costa Rica 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 Costa Rica 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.