American cuisine was one of the cuisine types within pub channels, along with European cuisine, according to GlobalData’s menu intelligence database. In its menu analysis of pub in Ecuador report, GlobalData analyses 85 menu items across pub outlets and provides an overview of various foodservice channels in Ecuador. According to GlobalData, pub makes up 0.858% of all restaurant types in Ecuador. Buy the report here.
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Beer was found to be the most-used ingredient in pub establishments, featuring in 20% of menu items, followed by pork and cheese. Chicken and vegetables were also significant ingredients. An analysis of menu categories reveals that alcoholic drinks, sandwiches & wraps, soft drinks and Fruit were most popular within the pub format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in Ecuador pub channel have flat growth. Considering all channels (including pub) the average price change was -2.34%. As on-premises dining gains momentum following the COVID-19 pandemic, the pub segment in Ecuador is expected to experience overall growth. Moreover, the introduction of new menu items that emphasize health and wellness generates interest in those seeking nutritious menu options and greater variety.
Different restaurant types exhibited mixed price movements within Ecuador foodservice market between 2023 and H1 2024. Of all the restaurant types, bar exhibited highest price hike, while QSR experienced a maximum price decrease.
An in-depth analysis of pub price trends by location reveals consumption trends of each region. The graph below represents the change in pub menu prices between 2023 and H1 2024 across the top five locations. As seen below, pub menu items in Basin became more affordable as compared to Guayaquil and Basin.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the Ecuador market, pub 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 Ecuador pub menu, buy the full report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Online Menu Intelligence is a database of cost and profit foodservice operators on menus within Foodservice Intelligence Center. The tool’s several search options, such as cuisine, category, menu item, ingredient, and restaurant, help users to conduct focused searches in terms of price analysis (average price and change in prices), menu item claims, popular categories, cuisine/ingredient penetration levels, etc.
