Thai cuisine was one of the cuisine types in New Zealand, along with Indian and American cuisines, according to GlobalData’s menu intelligence database. In its menu analysis of Thai cuisine in New Zealand report, GlobalData analyses 7,112 menu items in New Zealand and provides an overview of the cuisines available across the foodservice channel in New Zealand. According to the report, Thai cuisine makes up 5% of all restaurant types in New Zealand. Buy the report here.
Vegetables was found to be the most-used ingredient in Thai cuisine featuring in 41% of menu items, followed by fruit and chicken. Rice and herbs, spices & seasonings were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the Thai cuisine have risen by 0.14%. As on-premises dining gains momentum following the COVID-19 pandemic, the Thai cuisine in New Zealand is expected to experience overall growth.
Different cuisines exhibited mixed price movements within New Zealand foodservice market between 2023 and H1 2024. Of all the cuisines, Chinese cuisine exhibited highest price increase, while Mediterranean cuisine experienced a maximum price decrease.
An in-depth analysis of Thai cuisine price trend by location reveals consumption trends of each region. The graph below represents the change in Thai cuisine menu prices during 2022-2024 across the top five locations. As seen below, Thai cuisine menu items in Auckland became more affordable as compared to Tauranga and Wellington(New Zealand).
While consumers become more price conscious, operators too, look for ways to optimize their costs to retain margin and market share. In the New Zealand 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 New Zealand cuisine menu, buy the report here.
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