International cuisine was one of the cuisine types within baker channels, along with and American cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of baker in Taiwan report, GlobalData analyses 1,668 menu items across baker outlets and provides an overview of various foodservice channels in Taiwan. According to GlobalData, baker makes up 1% of all restaurant types in Taiwan. Buy the report here.
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Fruit was found to be the most-used ingredient in baker establishments, featuring in 16% of menu items, followed by hot drinks and milk. Sugar and cheese were also significant ingredients. An analysis of menu categories reveals that baked goods & morning goods, hot drinks, meal deals and combinations, meat dishes and salads & sides were most popular within the baker format.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in Taiwan baker channel have dropped by 0.05%. Considering all channels (including baker) the average price change was -0.02%. As on-premises dining gains momentum following the COVID-19 pandemic, the baker segment in Taiwan 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 Taiwan foodservice market between 2023 and H1 2024. Of all the restaurant types, bar exhibited highest price hike, while convenience store experienced a maximum price decrease.
An in-depth analysis of baker price trends by location reveals consumption trends of each region. The graph below represents the change in baker menu prices between 2023 and H1 2024 across the top five locations. As seen below, baker menu items in Nantou became more affordable as compared to Taipei and Taichung.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In the Taiwan market, baker 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 Taiwan baker menu, buy the full report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Online Menu Intelligence is a database of cost and profit foodservice operators on menus within Foodservice Intelligence Center. The tool’s several search options, such as cuisine, category, menu item, ingredient, and restaurant, help users to conduct focused searches in terms of price analysis (average price and change in prices), menu item claims, popular categories, cuisine/ingredient penetration levels, etc.
