Soft drinks is the leading food category constituting the majority of market share by the number of menu items offered in restaurants, followed by the meat dishes and salads & sides categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the soft drinks category in the US report, the soft drinks category constitutes a 74% share among all restaurant types in the US foodservice market. The report analyses 1 million menu items from different foodservice outlets in the US 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 soft drinks category, featuring in 24% of menu items, followed by hot drinks and herbs, spices & seasonings. Confectionery and cereal were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the soft drinks category have risen by 0.13%. As on-premises dining gains momentum following the COVID-19 pandemic, the soft drinks category in the US is expected to experience overall growth.
Different categories exhibited mixed price movements within the US foodservice market between 2023 and H1 2024. Food categories in the US witnessed price increase in their food offerings in the mentioned timeline. Out of these, sharing platters & tapas category saw highest price increase.
An in-depth analysis of the soft drinks category price trend by location reveals consumption trends of each region. The graph below represents the change in soft drinks category menu prices during 2022-2024 across the top five locations. As seen below, soft drinks category menu items in Brooklyn(USA-NY) became more affordable as compared to San Francisco(USA) and Chicago.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the US 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 the US category menu, buy the report here.
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