December 5, 2010
Limited service Mexican restaurant chains were able to increase sales by 2.7 percent and unit counts by 1.8 percent in 2009, despite an overall industry-wide contraction of 3.2 percent during the same time period. Several Mexican chains within the Top 500 were able to achieve double-digit sales increases, and the number of Mexican menu items on restaurant menus is up from 2009 to 2010. Technomic's new Market Intelligence Report: Mexican explores the reasons why Mexican food is more popular than ever.
"The rise in popularity of Mexican food is the culmination of a number of factors all converging in foodservice at this moment. The fast casual boom is certainly part of the equation – Mexican concepts fit well into the fast casual model," said Mary Chapman, director of Product Innovation at Technomic. "Consumers are also calling for authentic ethnic dining experiences and spicier, more flavorful foods, so Mexican concepts and menu items are on trend in a number of ways right now."
Technomic's "Market Intelligence Report: Mexican" offers restaurant operators and others within the foodservice industry insights into growth opportunities and consumer preferences with regard to Mexican food.
Interesting report findings include:
The 2010 "Market Intelligence Report: Mexican" includes data from Technomic's exclusive MenuMonitor online trend-tracking resource, which analyzes the menus of more than 1,200 top chains, emerging concepts and leading independent restaurants. The report also profiles 92 leading and emerging Mexican restaurant concepts, chosen for their size, growth, potential and/or interesting position.