top of page
Writer's pictureInsightTrendsWorld

Insight of the Day: How customers' dining preferences and spending habits are shifting in 2024

Findings:

  • Dining In Gains Popularity: In 2024, 55% of consumers prefer dining at restaurants compared to 43% in 2023, reflecting a shift towards in-restaurant experiences over takeout or delivery.

  • Increased Spending: Consumers are spending more on dining out, with the average monthly spend increasing from $166 in 2023 to $191 in 2024, partly due to inflation and higher menu prices.

  • Women Outspending Men: Women are now spending 33% more on dining out than men, a reversal from 2023 when men outspent women by 19%.

  • Preference for Casual Dining: Casual dining remains the most popular choice, with 69% of consumers opting for this category in 2024, up from 63% in 2023.

  • Print Menus Make a Comeback: Despite the pandemic-induced rise of QR code menus, 90% of consumers, including 90% of Gen Z, prefer print menus, up from 74% in 2023.

Key Takeaway: Consumers are returning to dine-in experiences, driven by a desire for atmosphere and socialization. Despite technological advancements like QR codes, traditional elements such as print menus and the casual dining environment are crucial to customer satisfaction.

Trend:

Consumers are showing a clear preference for on-premise dining experiences over takeout or delivery, reflecting a desire for social interaction and ambiance.

Consumer Motivation:

  • Socialization and Atmosphere: Consumers are seeking more than just food; they want an immersive dining experience, which includes the atmosphere and the opportunity to socialize.

  • Inflation Concerns: Inflation and higher menu prices have also contributed to increased spending, but it hasn’t deterred consumers from dining out.

What is Driving the Trend:

  • Post-Pandemic Behavior Shift: With pandemic restrictions lifted, people are returning to in-person dining experiences as they seek to reconnect with others in social settings.

  • Consumer Comfort and Tradition: The preference for print menus over QR codes highlights a return to comfort and tradition, with customers seeking more familiar, tactile dining elements.

Who Are the People Referred to:

  • Diners of All Ages: Consumers from different demographics, including Gen Z, Millennials, and older adults, who are returning to dining in at casual restaurants.

  • Women: Women, in particular, are a significant part of this trend, now spending more than men on dining out.

Description of Consumers/Service:

The survey focuses on U.S. restaurant consumers across age groups, with a spotlight on casual dining. These consumers are motivated by socialization and seek familiar, comfortable dining experiences, such as traditional print menus.

Conclusions:

  • The in-restaurant dining experience remains critical for restaurants, with socialization and ambiance playing an important role in consumer decisions.

  • Casual dining continues to dominate the restaurant landscape, and traditional customer preferences, such as printed menus, are still favored, even by younger generations.

  • Restaurants need to focus on the in-person experience to build loyalty and profitability, with women becoming key contributors to dining-out trends.

Implications for Brands:

  • Emphasize In-Restaurant Experiences: Brands should enhance the in-restaurant experience, focusing on ambiance, socialization, and traditional elements like print menus to drive customer loyalty.

  • Target Female Consumers: Restaurants may benefit from tailoring marketing efforts towards women, given their increased spending on dining out.

Implications for Society:

  • Renewed Focus on Socialization: The shift back to dining out shows a renewed societal focus on social interaction, reflecting a collective desire to reconnect in shared spaces after the isolation of the pandemic.

Implications for Consumers:

  • Higher Spending in Social Settings: Consumers are willing to spend more on dining out in exchange for an immersive social experience, despite inflation and rising costs.

Implications for the Future:

  • Increased Focus on In-Restaurant Dining: Restaurants that prioritize the in-person dining experience will likely see continued success as consumers place more value on socialization and atmosphere.

  • Balancing Technology and Tradition: While technological advancements like QR codes will persist, restaurants need to balance these with traditional elements, such as print menus, to meet consumer preferences.

Consumer Trend:

  • Return to Dining Out: There is a clear trend of consumers preferring dining in restaurants over takeout or delivery in 2024, driven by a desire for socialization and atmosphere.

Consumer Sub-Trend:

  • Print Menus Over QR Codes: Despite the rise of digital solutions during the pandemic, consumers, even Gen Z, are showing a strong preference for traditional print menus.

Big Social Trend:

  • Post-Pandemic Socialization: A growing focus on social experiences in public spaces, particularly restaurants, as consumers seek to reconnect and enjoy communal dining.

Local Trend:

  • Casual Dining Dominance: Casual dining remains the most popular choice in the U.S., reflecting a local preference for more affordable, social dining environments.

Worldwide Social Trend:

  • Social Interaction in Dining: Globally, restaurants are seeing a resurgence of on-premise dining, as people return to restaurants to reconnect in person, after years of pandemic disruptions.

Name of the Big Trend Implied by the Article:

  • In-Restaurant Dining Revival: The shift back to in-person dining, driven by consumers seeking more than just food—an entire dining experience including ambiance and socialization.

Name of the Big Social Trend Implied by the Article:

  • Reemergence of Social Dining: The return of dining out as a social event, where consumers are motivated by the desire to experience socialization and atmosphere rather than just convenience.

Comentarios


bottom of page