Consumers are becoming increasingly adventurous with their eating and drinking out choice with the trend being driven by millennials, the Greene King Leisure Spend Tracker has shown.
The latest survey for the tracker shows 29% of those polled say they now visit a wider range of venues than last year, with 21% visiting a narrower range.
In the 18-24-year-old bracket, 51% are visiting a wider range of places and I the 25-34-year-old demographic the figure is 37%, compared to 27% of 35-44-year-olds, 25% of 45-54s and 23% of those aged 55+.
The findings are backed up M&C Allegra Foodservice’s Eating Out panel data, which shows Millennial Movers making waves in the market.
M&C Allegra director of insight Steve Gotham said: “Our EOP findings show that 18-24-year-olds are the most active eaters out – with average frequencies of 28 meal occasions out per month – three times the level of 50+ year olds. We have also seen that growth in frequency over the past year has been strongest (marginally) among this age group. It has also been strong in all under 50 age groups.
“Their high frequency will also be associated with the widest repertoires, so as noted, this highlights the challenge/opportunity of capturing greater loyalty from this younger demographic – and while this needs a multi-faceted approach, social media needs to be leveraged skilfully.
“Younger consumers do not spend so much per visit of course compared with older adults – but are prepared to be more adventurous with what they eat. Operators need to be very clear about their target markets and position themselves accordingly – in such an increasingly competitive marketplace – getting this wrong will be costly.”
The tracker also found that 33% of adults eating out less in the evening snow than they did two years ago while 12% are eating out more frequently in the day part. This finding is particularly pronounced for those living in households with kids, 38% of whom state that they eat out in the evening less frequently.
Bucking the trend, however, 32% of 18-24s state that they eat out more frequently with 23% saying less frequently. This group therefore seems vital in driving evening food led occasions.
The tracker revealed that, despite consumers mixing up their choices when eating out, pubs remain central destinations for consumers. The data shows that pubs are the most popular location for an evening meal with four in ten claiming this to be their establishment type of choice for this occasion, ahead of restaurants.
