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 pasta & pizza and meat dishes categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the soft drinks category in Hungary report, the soft drinks category constitutes a 82% share among all restaurant types in Hungary foodservice market. The report analyses 3,865 menu items from different foodservice outlets in Hungary 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 31% of menu items, followed by hot drinks and herbs, spices & seasonings. Sugar and yogurt 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 112%. As on-premises dining gains momentum following the COVID-19 pandemic, the soft drinks category in Hungary is expected to experience overall growth.
Different categories exhibited mixed price movements within Hungary foodservice market between 2023 and H1 2024. Food categories in Hungary witnessed price increase in their food offerings in the mentioned timeline. Out of these, pasta & pizza 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 Budapest became more affordable as compared to Pecs and Szeged.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Hungary 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 Hungary category menu, buy the report here.
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