Spanish cuisine was one of the cuisine types in Chile, along with American and Japanese cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of Spanish cuisine in Chile report, GlobalData analyses 366 menu items in Chile and provides an overview of the cuisines available across the foodservice channel in Chile. According to the report, Spanish cuisine makes up 0.012% of all restaurant types in Chile. Buy the report here.
Vegetables was found to be the most-used ingredient in Spanish cuisine featuring in 20% of menu items, followed by fish & seafood and salad vegetables. Cheese and pork were also significant ingredients.
An analysis of the annual price change between 2022 and H1 2023 indicates that the average menu prices in the Spanish cuisine remained flat. As on-premises dining gains momentum following the COVID-19 pandemic, the Spanish cuisine in Chile is expected to experience overall growth.
Different cuisines exhibited mixed price movements within Chile foodservice market between 2022 and H1 2023. Of all the cuisines, Middle Eastern cuisine exhibited highest price increase, while Chilean cuisine experienced a maximum price decrease.
An in-depth analysis of Spanish cuisine price trend by location reveals consumption trends of each region. The graph below represents the change in Spanish cuisine menu prices during 2021-2023 across the top five locations. As seen below, Spanish cuisine menu items in Iquique became more affordable as compared to Providencia and Santiago(Chile).
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In the Chilean market, restaurant 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 Chile cuisine menu, buy the report here.
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