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Published: 02 December, 2022
The average amount consumers spend each month in restaurants, takeaways and pubs has fallen since the start of the pandemic, with restaurants the hardest hit, new research has found.
An independent survey of 2,000 UK adults, conducted by Peckwater Brands, claims rising inflation and energy costs have reduced consumer spending, leaving hospitality businesses at risk.
Restaurants have seen the highest drop-off in consumer spending since the start of 2020, down 16% from £58.90 per person per month to £49.30. Spending in pubs fell 14.6% from £47.90 to £40.90, while spending on takeaways saw the lowest reduction, falling just 10% from £47.70 to £42.30.
While the cost-of-living crisis continues to loom large, the majority (63%) of UK adults surveyed said they still consider takeaways a treat they look forward to, with 34% intending to continually get them regularly (at least once per month) with 33% budgeting for this expense.
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Published: 01 December, 2022
Research by CGA by NielsenIQ and non-alcoholic spirits brand CROSSIP suggests that 67% of bar professionals have increased their range of no/low alcohol drinks over the past year, and 82% will do so over the next 12 months, demonstrating the growing importance of the category to consumer choice.
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Published: 01 December, 2022
With a focus on the low&no market Finlays, the B2B supplier of tea, coffee and botanical solutions has revealed its annual beverage trends report for 2023, highlighting the more 'mindful' approach consumers are taking to the drinks industry.
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Published: 17 November, 2022
Ahead of Wine Paris and Vinexpo Paris in February 2023, organisers have partnered with Wine Intelligence to delve into the drinking habits of UK wine consumers.
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Published: 01 November, 2022
In 2022, global wine production volume is expected to be at a level similar to the one observed last year, despite higher average temperatures across the world.
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Published: 31 October, 2022
More than a third of the UK’s hospitality sector faces closure in 2023 due to the ‘cost of business crisis’.
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Published: 21 October, 2022
Unemployment levels are at a record low, while the total number of job vacancies in May-June 2022 was 1.3 million, according to the latest figures released by the Office for National Statistics (ONS).
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Published: 10 October, 2022
The number of pubs closing across the country, having called last orders for the final time, has rocketed by 50% in the last three months.
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Published: 05 October, 2022
According to data from OpenTable, the global restaurant booking system, dining numbers in London are falling short of pre-pandemic levels.
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Published: 17 August, 2022
The average growing season temperature (typically between April-October) in UK wine regions is currently estimated to be 14°C – an increase of 1°C since 1981.
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Published: 16 August, 2022
Northern Ireland appears to be inching closer to the introduction of minimum unit pricing (MUP) for alcohol after neighbours Republic of Ireland and Scotland introduced the legislation in January 2022 and May 2018, respectively.
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Published: 12 August, 2022
According to market research by Shepper, the UK’s on-trade and hospitality outlets prefer to serve leading gin and tonic brands as their house products instead of supporting local and small-batch counterparts.
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Published: 02 August, 2022
According to IWSR data, spirits has been the clear winner when it comes to value generation over the past few years: the average global price per serving for spirits (excluding national spirits such as baijiu) rose at a CAGR of +3.8% between 2016 and 2021, ahead of wine (+3.4%), beer (+2.3%), RTDs (+1.4%) and cider (+1.1%).
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Two new studies from the University of Sheffield and the Institute of Alcohol Studies/HealthLumen have revealed the impact of pandemic-related changes in alcohol consumption on health outcomes.
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Sales of vegan wine have more than doubled for Virgin Wines in the last two years, rising by 51%.
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New research has revealed how climate change is likely to increase potential wine production in the UK, with conditions projected to resemble those in famous growing regions of France and Germany.
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According to the new Lumina Intelligence Eating Out Market Report, the UK on-trade is set to value £95.2 billion in 2022, +4% versus its 2019 value, meaning that inflation is outpacing market growth.
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A new report warns today that the cost-of-living crisis could severely hamper the hospitality and leisure sector’s post-pandemic recovery amid a widespread lack of staff.
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Published: 28 April, 2022
A report by Campari Group UK explains why rum is a key growth area in the on and off-trade, as the category plays into central consumer and shopper trends influencing the market.
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Published: 27 April, 2022
New research out this week shows that 1-in-3 customers don’t feel confident ordering wine in pubs, bars and restaurants, with 1-in-9 admitting that they often find the experience intimidating.
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