Sharing platters & tapas is one of the food category offered in restaurants, along with the meat dishes and hot drinks categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the sharing platters & tapas category in Taiwan report, the sharing platters & tapas category constitutes a 5% share among all restaurant types in Taiwan foodservice market. The report analyses 297 menu items from different foodservice outlets in Taiwan and provides an overview of the food categories available across its foodservice channel. Buy the report here.
Chicken was found to be the most-used ingredient in the sharing platters & tapas category, featuring in 26% of menu items, followed by fish & seafood and vegetables. Rice and starchy vegetables and potatoes were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the sharing platters & tapas category have risen by 4%. As on-premises dining gains momentum following the COVID-19 pandemic, the sharing platters & tapas category in Taiwan is expected to experience overall growth.
Different categories exhibited mixed price movements within Taiwan foodservice market between 2023 and H1 2024. Food categories in Taiwan witnessed price increase in their food offerings in the mentioned timeline. Out of these, meal deals and combinations category saw highest price increase.
An in-depth analysis of the sharing platters & tapas category price trend by location reveals consumption trends of each region. The graph below represents the change in sharing platters & tapas category menu prices during 2022-2024 across the top five locations. As seen below, sharing platters & tapas category menu items in Nantou became more affordable as compared to Taipei and Taoyuan.
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Taiwan 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 Taiwan category menu, buy the report here.
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