Milkshakes is the leading food and beverage sub-category constituting the majority market share by the number of menu items offered in restaurants, followed by the pizza and carbonated soft drinks sub-categories, according to GlobalData’s menu intelligence database. In its menu analysis of the milkshakes sub-category in South Africa report, GlobalData analyses 6,298 menu items from different foodservice outlets and provides an overview of the food categories available across the foodservice channel in South Africa. According to the report, the milkshakes sub-category constituted a 32% share among all restaurant types in South Africa. Buy the report here.
Confectionery was found to be the most-used ingredient in the milkshakes sub-category featuring in 25% of menu items, followed by fruit and nuts & seeds. Cream and butter & solid fats were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the milkshakes sub-category have risen by 2%. As on-premises dining gains momentum following the COVID-19 pandemic, the milkshakes sub-category in South Africa is expected to experience overall growth.
Different sub-categories exhibited mixed price movements within South Africa foodservice market between 2023 and H1 2024. Food sub-categories in South Africa witnessed price increase in their food offerings in the mentioned timeline. Out of these, sharing platters & tapas sub-category saw highest price increase.
An in-depth analysis of milkshakes sub-category price trend by location reveals consumption trends of each region. The graph below represents the change in milkshakes sub-category menu prices during 2022-2024 across the top five locations. As seen below, milkshakes sub-category menu items in Pretoria became more affordable as compared to Sandton and Cape Town.
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In South Africa 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 South Africa sub-category menu, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.