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Technomic Finds Sustainability And Social Responsibility Register High On Foodservice Industry's Radar

by Technomic Press Reelase
Posted On: 2/20/2014

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TAGS: Technomic, Vending Food Service, Sustainability, Foodservice Social Responsibility, Vending


Source: Technomic | Released, Feb. 3, 2014

CHICAGO, Feb. 3, 2014 /PRNewswire/ -- Sustainability and social responsibility are taking on greater importance within the foodservice industry, according to a landmark study just completed by Technomic. The research included inputs from foodservice consumers, operators and suppliers to better understand the current state and future expectations for these key issues.

For consumers and operators alike, social responsibility and sustainability include a number of different elements, from humane treatment of animals to conservation to local community involvement. Among consumers, 63 percent say they are more likely to visit a foodservice operation they view as socially conscious.

Across all foodservice segments, operators expressed strong commitment to these initiatives for a variety of reasons, including positive impact on the environment, improved reputation and better food and beverage quality. Over half of foodservice operators (53 percent) say that having an actionable social responsibility strategy will be necessary to remain competitive in the next two years. By far, the biggest obstacle for achieving their goals is the higher costs associated with many initiatives.

"Incorporating sustainability and social responsibility elements into a foodservice operators' business is no longer a 'nice to have,'" said Wade Hanson, Technomic Principal, and director of the study. "Consumers now expect that the foodservice venues they visit exhibit social consciousness and sustainability points, just like consumers are making the effort to do in their own lives. We also see evidence that consumers are rewarding operations that meet their requirements in this increasingly critical area."

Additional details on Technomic's study entitled Building a Better Foodservice Business Through Sustainable and Responsible Practices can be obtained by contacting Chris Urban at Technomic by email or phone (312-506-3929).

ABOUT: Technomic provides clients with the facts, insights and consulting support they need to enhance their business strategies, decisions and results. Its services include numerous publications and digital products, as well as proprietary studies and ongoing research on all aspects of the food industry.

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