Ingredient Solutions supplies cheese ingredients to food service and food manufacturers so we are constantly analysing the market changes that have been brought about by the Covid-19 pandemic. We have collected together a wide variety of analyses and predictions to share with our fellow industry professionals. This selection is looking at predictions for the food service industry.
How restaurants can thrive in the next normal – McKinsey
This McKinsey report looks at the US restaurant market and how it can adapt to the new environment created by the Covid-19 pandemic. It offers insights which are relevant all over the world. It looks at how the effect on some sectors has been greater than others, for example some US pizza retailers during lockdown whilst eat-in fine dining saw profits plummet to zero in some cases. In the US a correlation was found between the denser the population the bigger the decline.
Sadly the report predicts one in five restaurants remaining permanently closed and that the survivors will be those who are best able to adapt and employ new safety measures. The report suggests that in the recovery period, top priorities ought to include updating operating procedures, reactivating customers to bring them back into restaurant dining rooms, adjusting menus to address shifts in customer habits and preferences, and enhancing delivery capabilities. It suggests seizing the opportunity to innovate whether in interior design, menu changes or by using digital technology.
Read more…
Bord Bia insight reports on Food Service
Bord Bia, the Irish Food Board is publishing regular reports during the Covid-19 pandemic. In the latest report it highlights that Germany’s food service and hospitality industry has suffered a 40% fall, the largest ever. There are calls for more political support.
The McKinsey report we looked at before mentioned the importance of innovation and this seems to be happening as bord bia points to a completely contactless experience and the introduction of reusable cups by starbucks in the middle east. The UK food service market has benefitted from the eat out to help out scheme but that’s now coming to an end. We look forward to seeing what innovations the industry come up with.
Roadmap to help food systems tackle COVID-19 slump
A global roadmap to help the food supply chain recover from the impact of coronavirus has been set out by industry experts from six continents.
Catherine’s role is Technical Assistant and she is one of the newer members of the Ingredient Solutions team. Catherine recently graduated in Food Science and Innovation at WIT and is motivated, positive and enjoys working in a team. Catherine says, “I always see the good in every challenge that approaches me as they can lead to opportunities to learn more.” She is looking forward to focusing on the areas that she can control and learning how to perfect them.
Ted is the Factory Manager, he is the man that keeps everything running smoothly, supporting production and technical operations. He ensures that all the machinery within the factory functions at maximum efficiency and is properly maintained.
Suma has worked for Ingredient Solutions for two years as Technical Manager – leading the technical team. Before working for Ingredient Solutions, Suma worked in Asia, the Middle East and Europe and has over twenty years experience in management and leadership in food and other industries.
Pina is our UK Sales Support Administrator and has worked for Ingredient Solutions since 2012. She works alongside Gary Davies and the sales team providing them with sales information and supporting the team especially when they are on the road. Pina works remotely for Ingredient Solutions from her base in Luton in the UK.
Marek is based near Lublin, that’s not a typo we don’t mean Dublin, he’s our man on the ground in Eastern Europe.
