Lebanese cuisine was one of the cuisine types within venue channels, along with American and Italian cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of venue in Lebanon report, GlobalData analyses 569 menu items across venue outlets and provides an overview of various foodservice channels in Lebanon. According to GlobalData, venue makes up 0.655% of all restaurant types in Lebanon. Buy the report here.
Fish & Seafood was found to be the most-used ingredient in venue establishments, featuring in 31% of menu items, followed by salad vegetables and vegetables. Cheese and chicken were also significant ingredients. An analysis of menu categories reveals that fish & seafood dishes, sandwiches & wraps, salads & sides, burgers and meal deals and combinations were most popular within the venue format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in Lebanon venue channel have flat growth. Considering all channels (including venue) the average price change was 0%. As on-premises dining gains momentum following the COVID-19 pandemic, the venue segment in Lebanon is expected to experience overall growth. Moreover, the introduction of new menu items that emphasize health and wellness generates interest in those seeking nutritious menu options and greater variety.
Different restaurant types exhibited mixed price movements within Lebanon foodservice market between 2023 and H1 2024. Of all the restaurant types, venue exhibited highest price hike, while other retail experienced a price decrease.
An in-depth analysis of venue price trends by location reveals consumption trends of each region. The graph below represents the change in venue menu prices between 2023 and H1 2024 across the top five locations. As seen below, venue menu items in Beirut became more affordable as compared to Beirut and .
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the Lebanese market, venue 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 flavors of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Lebanon venue menu, buy the full report here.
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