International Chefs Day is celebrated on October 20th!
Are there any restaurants you've been looking forward to eating at after lockdown?
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In Australia our industry has a major problem with attracting skilled staff. Why aren't we exploring more robotic solutions to offload menial tasks?
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Karen Job is Head of Industry Engagement for Food Frontier, who have just released a new "2020 State of the Industry Report" covering Alternative Protein growth and insights in Australia.
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Prime Minister Scott Morrison haas included Food & Beverage in the $1.5 billion in new funding that will be invested over the next four years in the Modern Manufacturing Strategy to make Australian manufacturers more competitive, resilient and able to scale-up to take on the world.Continue reading →
Don't miss our 4th Covid-19 Foodservice Bulletin.
Some interesting surprises.........
Support your industry
We are collecting data and insights from Foodservice Operators of all types in order to produce our Covid-19 Foodservice Bulletin. This information will be made avaialbe free of charge to the entire industry including suppliers, Government, Industry Associations
If you are Foodservice Business Owner or Manager or Chef, please take this 5 minute survey, so we can all have accurate information to help us manage through this situation and plan for the other side.
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A letter from our Managing Director
Dear Foodservice Colleagues,
It is stating the obvious that we and the rest of the world are going through unchartered territory at the moment with COVID-19 rapidly spreading around the globe, seriously affecting country after country. It is also stating the obvious that foodservice markets here and around the world are fairly decimated at the moment. Everyone is in shock – both at a personal level as well as from a business perspective.Continue reading →
Set your sights on new horizons. Look around your marketplace with the help of industry and subject matter experts in an intimate setting. Our new Foodservice Business Leaders Mentoring Program is a regular, informal group providing market insights, information. innovation concepts, idea exchange and networking.Continue reading →
At Food Industry Foresight we’re always exploring new and better ways to compile and share information of value to both foodservice suppliers and operators. Read about our new FS2 (Foodservice Too) Project.
“FI Foresight is at the forefront of Australia’s market research specialists and they really have their finger on the pulse of the foodservice market.” So says Eugene Visione, ex-Head of Foodservice for Cerebos Australia and now Head of Sales and Marketing for Birch & Waite Foods.Continue reading →
Asia’s QSR professionals came together in Singapore for the 2nd annual QSR Media Asia Conference and Awards held January 31, and FI Foresight’s Director and resident futurist Rod Fowler was there to present at this well-attended industry event.Continue reading →
We were fortunate enough to get Corporate Executive Chef, Adam Moore, to write the introduction to our new Dining Out in Australia Report 2018 being released next week. Click through to read the intro.Continue reading →
FI Foresight’s Trend Zone initiative at the industry’s premier trade event Fine Food 2018 generated a positive response from attendees who gained valuable insights and a chance to survey some of our latest data on the market.Continue reading →
Quality market research is backed up by the science of statistical analysis. That’s important in ensuring accurate results. Anyone can claim to offer information and insights based on ‘research’ – but if that research is superficial and not conducted according to scientific principles, the data obtained is more than likely going to be misleading and inaccurate.Continue reading →
From burger-flipping robots to the applications of Artificial Intelligence and delivery by drone, the advances in synthetic biology and genetic engineering and how they’re likely to impact on the food industry – these were some of the key insights featured in FI Foresight’s latest ‘Future of Foodservice’ Seminar.Continue reading →
Announcing another first from FI Foresight - the inaugural Australian Food Industry Annual Trend Report will be released towards the end of this year. Providing a comprehensive overview of what's trending across the entire food industry, it's sure to become a 'must-have' document for suppliers and distributors. You can pre-order your copy today.
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While plant-based proteins have been used to create meat substitutes for many years, these have until recently been marketed primarily to appeal to those following vegetarian diets.Continue reading →
The unprecedented level of technological change on the horizon has huge potential benefits for foodservice suppliers and operators alike. So it’s not surprising the world’s largest foodservice event – the National Restaurant Association Show, held each year in Chicago at the end of May – includes a technical pavilion and ‘Innovation Hub’ devoted to showcasing the latest industry innovations and tech developments.Continue reading →
Blockchain technology is being rolled out across the Food Industry in the USA and Europe. Do you know what it is? Do you need to know or plan for it? Are you interested in understanding what Blockchain is all about? Join our free Mentoring Program Monday 4th December to find out.
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In today’s busy Foodservice world, we often forget about developing and training our key staff to be better leaders for the future. With a fast changing market place and competitive pressures and high customer expectations of service levels, we can easily forget to make time to learn.Continue reading →
WHAT CAN WE EXPECT IN FOODSERVICE IN THE FUTURE? As we enter a new era of increased automation, with robotics, artificial intelligence, molecular sensors, the internet of things and much more, all set to become commonplace, there will be major impacts on industry, and foodservice will be no exception.Continue reading →
FOODSERVICE BUSINESS LEADERS MENTORING GROUP PROVIDES IDEAL INFORMAL NETWORKING OPPORTUNITY AND CHANCE TO GLEAN VALUABLE INDUSTRY INSIGHTS
If you’re looking to stay abreast of the latest food market insights, analysis and information, there’s a way of doing so which is low-cost, informal, friendly and personal … and that’s by attending FI Foresight’s monthly Foodservice Business Leaders Mentoring Group.Continue reading →
If you’re in Sydney, mark the date of 3 April 2017 on your calendar right now – because that’s when the inaugural Future in Foodservice seminar is set to be held! The first in a planned series of regular annual events, the half-day event theme will be ‘Future in Foodservice’.Continue reading →
“More than anywhere else, Australia embraces a vast number of cuisines and eating out options – but we identify all these as ours, rather than seeing them as offering foreign food,” points out FI Foresight Managing Director Sissel Rosengren. In fact Australians’ propensity to eat out is second highest in the world – only Singapore is higher among developed foodservice markets. And independent restaurants, cafés and eateries still make up the bulk of our volume dining – in contrast to the UK or US, where franchises and chains predominate across the café, QSR and middle range restaurant sectors.Continue reading →
The growth we’re now seeing in the breakfast sector – in excess of a three per cent share of total dining out – is a sign of increased consumer confidence as we come out of many years of a highly volatile market. “Breakfast is a good segment to track in terms of how the market is doing overall,” explains Sissel Rosengren. “When discretionary spending is tight, breakfast is typically the first meal segment to suffer. But right now cafés as well as restaurants to a lesser degree, which wouldn’t have opened for breakfast in the past are doing so, because the trade is too good to pass up. Particularly in places like Perth, eating out for breakfast is becoming part of the cultural fabric.”Continue reading →
THERE ARE plenty of market research reports floating around the internet, but it pays to check their source and sampling before you jump to any conclusions. Some organisations are providing superficial research and anecdotal data which purport to offer insights that aren’t really there. For example, a skewed survey sample size can lead to misleading results.Continue reading →
WE BUILD up in-depth market research insights using a combination of qualitative and quantitative data. It’s important to use both methodologies, as the information you gain through the qualitative studies helps to verify the quantitative data. But for those new to market research, the similarity in these names can be confusing.Continue reading →
DID YOU KNOW Australia’s Foodservice market is distinctively different from that of other major western markets such as the UK or the US? While it may be tempting for some manufacturers and marketers – especially those with operations or head offices in those countries – to compare them with Australia, it’s more important to contrast them with our market. The Australian market has evolved over many decades and has its own particular demographics.Continue reading →
David Ferreira is Marketing Manager at Bob & Pete’s 100% Yum, which makes and distributes more than 400 varieties of fresh-baked pastries, bread, cakes, muffins, pastries and bakery goods for foodservice outlets in Sydney, the Blue Mountains, NSW Central Coast and rural areas.Continue reading →
FI FORESIGHT is making a major investment in a new data modelling platform, which gives us the capability to analyse and view data correlations faster than ever before. In practical terms this means we will be able to process larger volumes of more complex data.Continue reading →
Did you know there has been a 30% decline in the total consumption of all espresso based coffees in the 'Away from Home' market?Continue reading →
This week has seen the release of our Economic Outlook for the Australian Foodservice Market. This report exposes a continuous decline in net disposable income per head over the past 12 quarters. That is 3 yearsContinue reading →
VALUED AT AROUND AUD $45 billion at consumer prices, the Australian foodservice market is vibrant, sophisticated and growing. No wonder then that the many businesses which together comprise the foodservice supply chain are eager to capitalise upon the opportunities Australia’s market offers. But for these food and beverage suppliers, distributors, brand marketers, logistics and procurement businesses, not to mention the numerous commercial and institutional foodservice sector chains and independents, identifying these opportunities is far from a straightforward matter.Continue reading →
Consumers are now demanding red meat more often while swapping three courses for two; café chains are on the increase while independent cafés are falling; and retailers are now cooking from scratch more often to save on costs as 2011 again proved to be a difficult year for the foodservice industry.Continue reading →