CGA by NIQ
CGA by NIQ provides definitive On Premise consumer intelligence that reveals new pathways to growth for the world’s most successful food and drink brands. With more than 30 years of best-in-class research, data, and analytics, CGA by NIQ provides the Full View(TM).
CGA by NIQ works with food and beverage suppliers, consumer brand owners, wholesalers, government entities, pubs, bars, and restaurants to protect and shape the future of the On Premise experience. Using the most complete and clear understanding of measurement and insights, CGA by NIQ provides a competitive edge to guide winning strategies for On Premise businesses.
Hospitality closure rates slow amidst easing of cost pressures
One in 40 licensed premises have shut down in the last 12 months
Hospitality closure rates slow amidst easing of cost pressures
One in 40 licensed premises have shut down in the last 12 months
At-home grows but remained flat in March
This is seen as a sign of more consumers eating out.
Food price inflation in hospitality continues falls but still higher than retail sector
Food price inflation in hospitality is 2.4 times higher than in retail.
Foodservice inflation a positive sign for operators: analyst
However, prices are still rising compared to 2023.
Soaring costs dents hospitality business confidence in Britain
3 in 5 business leaders don’t feel confident about the hospitality market.
Delivery, takeaway sales growth slows
Year-on-year increases have not exceeded the current inflation rate.
Hospitality sales flat in January as consumer spending is squeezed
Restaurants only saw 0.9% growth in January.
Mixed outlook for hospitality as 800 restaurants closed in Q4 2023
The pub sector was hit harder than most.
Delivery and takeaway order volumes dropped 4% in December
Sales growth was driven by increase in menu prices.
Managed restaurants, pubs, and bars double growth in December
For the 12th time in the last 13 months, growth in London was higher than elsewhere.
UK foodservice inflation eases but price pressures linger
The CGA Prestige Foodservice price Index hit its lowest level in November.
Hospitality sector sales climb 4% in November
Sales in bars however went down by 6.9%.
Why QSRs should rethink their hot beverage menu in 2024
More consumers are willing to spend more on hot beverages in the next 12 months.
Delivery and takeaway sales climbs on the back of higher menu prices
This segment accounts for just under 15 pence in every pound consumers spend.
Restaurant closures slowing could mean return of business confidence: report
Britain’s number of licensed premises has fallen by 3.6% over the last 12 months.
Convenience is pushing consumers away from takeaways and towards deliveries
Delivery trading went up by 10% whilst takeaway and click-and-collect went down by 3%.
2 in 5 hospitality workers likely to consider a career change
Despite this, 62% of hospitality leaders feel optimistic about their business.
