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Fri 10th Jul 2015 - Horizons – eating out sector sees unexpected slight year-on-year dip
Horizons – eating out sector sees unexpected slight year-on-year dip: Britain’s eating out sector has seen an unexpected slight year-on-year dip, according to a new survey by insights firm Horizons. Following a slow but steady increase in the number of people eating out since the economic downturn in 2008, the latest Eating Out-Look survey, conducted by YouGov among 2,024 consumers, shows a year-on-year decline of 2% with 69% of respondents saying they had eaten out in the previous two weeks of the survey, compared with 71% a year ago. The frequency of which consumers had eaten out also fell from an average of 2.21 times to 1.92 times year-on-year. Both figures are still below pre-recession levels when consumers ate out over three times in the previous two weeks, according to Horizons’ data. Among those who had eaten out average spend had also fallen, from £12.72 (including drinks) in June 2014 to £12.54 this June, both below the figure reached in 2013 of £13.30. The decline in eating out was particularly marked among the 35-44 year age group. Last summer 72% of respondents to the survey in this age group had eaten out in the previous two weeks, this year only 62% had. “The 35-44 age group are those most likely to have the biggest financial ties – often having dependent children, house moves to pay for and foreign holidays to save for,” said Horizons’ foodservice analyst Nicola Knight. “If this age group is once again starting to spend on higher ticket items like these, or perhaps new cars, fridges or DIY, it might be that eating out becomes one of those expenses they are prepared to forego temporarily.” The survey showed 18-34 year olds are the most likely age group to be eating out, with 77% of respondents in this age group saying they had eaten out in the previous two weeks. They also eat out the most frequently, with an average of 2.25 times in the previous two weeks. Eating out among over 55 year-olds is also becoming increasingly common, with 67% of respondents of this age eating out in the previous two weeks, compared with 65% this time last year. Almost a third (30%) of respondents reported that they had not eaten out in the past two weeks with expense, lack of time and healthy eating and hygiene concerns being the commonly cited reasons. Pub restaurants and takeaway/delivery outlets are the favourite eating out destinations among respondents with 19% of those having eaten out choosing pub restaurants, with the same number choosing takeaway/delivery outlets. Dinner and lunch are the predominant periods for eating out with 46% of respondents who had eaten out in the previous two weeks eating lunch out (down from 47% last year), while 63% had eaten dinner out in the previous two weeks (up from 62% last year). Snacking showed a slight dip with 10% of those who had eaten out saying they had snacked, compared with 12% last year. Eating breakfast out also showed a slight dip with 10% of respondents having breakfast out compared with nearly 12% at the same time last year. Knight added: “The slight dips that we are seeing in pockets of the eating out market suggests that some consumers, particularly the squeezed middle, are choosing to spend their money elsewhere. We are comparing this year’s figures with those of 2014, which was a particularly strong year for eating out – it’s important to remember that the overall trend is positive and the market is stronger than it was three years ago,” added Knight.


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