International cuisine was the popular cuisine type in Taiwan, constituting majority share by the number of restaurants, followed by Chinese and Hong Kongese cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of International cuisine in Taiwan report, GlobalData analyses 83,964 menu items in Taiwan and provides an overview of the cuisines available across the foodservice channel in Taiwan. According to the report, International cuisine makes up 30% of all restaurant types in Taiwan. Buy the report here.
Hot drinks was found to be the most-used ingredient in International cuisine featuring in 27% of menu items, followed by fruit and milk. Sugar and nuts & seeds were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the International cuisine have risen by 0.56%. As on-premises dining gains momentum following the COVID-19 pandemic, the International cuisine in Taiwan is expected to experience overall growth.
Different cuisines exhibited mixed price movements within Taiwan foodservice market between 2023 and H1 2024. Of all the cuisines, South Korean cuisine exhibited highest price increase, while American cuisine experienced a maximum price decrease.
An in-depth analysis of International cuisine price trend by location reveals consumption trends of each region. The graph below represents the change in International cuisine menu prices during 2022-2024 across the top five locations. As seen below, International cuisine menu items in Nantou became more affordable as compared to Taipei and Chiayi.
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In the Taiwan market, restaurant 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 Taiwan cuisine menu, buy the report here.
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