Food & Hospitality Strategy Blog

Stay ahead in the food and hospitality industry with Future Food Blog. Get the latest news, trends, insights, and expert analysis on food innovations, restaurant strategies, sustainability, and more. Discover what’s shaping the future of dining, food technology, and hospitality with expert commentary and in-depth articles.

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The future strategies of fresh food markets in Australia – what's on the horizon?

This year we have had the privilege to provide food consultancy for some of Australia’s best fresh-food markets; both existing and under redevelopment. Our exposure to projects such as the new Sydney Fish Market, Adelaide Central Market (both under redevelopment), plus Melbourne’s Queen Victoria Market and Camberwell Market have provided us with contemporary insight and research into the opportunities, challenges, management and direction of large and small footprint, fresh food and specialty produce market-retail.

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Adapting to Changing Consumer Food and Hospitality Needs Amidst Rising Cost of Living Pressures

As the cost of living pressures continue to bite in Australia, consumers are becoming increasingly discerning about where, when and how much of their disposable income they spend on eating out. For shopping centre management and F&B operators, this scenario presents a partnership opportunity to plan and implement strategies to adapt to new consumer F&B spending patterns and continue to drive visitation, overall spend and maintain or increase asset value. In this article, we delve into practical strategies that shopping centres and F&B operators can employ, considering the specific needs of different customer segments, to maximize visitation frequency and spending in a time of escalating cost of living.

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Customised EOI procurement strategies – find the right F&B partner to achieve best practice outcomes.

Future Food has long been recognised as a leader in Food & Hospitality Master Planning. However, in the past 5 years, we have assembled a new specialist skill set that involves actively managing expressions of interest (EOI) and tender campaigns for a wide range of companies and sectors. This niche service is gaining popularity in the food and hospitality industry, and at Future Food, we have revolutionised the methodology of connecting our clients with the talent they have been seeking for the betterment of their assets, precincts, and venues.

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The Australian Craft Beverage Movement – Reshaping the F&B Landscape

The craft beverage movement has been building significant momentum over the past 10 years and has subsequently reshaped the liquor industry as we know it. With craft brewing, small scale local distilleries and small batch wine production capturing greater market share year on year, we are seeing a shift in the market towards quality over quantity and experiential over mainstream.

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How food and hospitality can flourish in the next normal

Retail Relationships Rewarding Foodies

As we witness the gradual relaxing of restrictions placed on food operators state by state and an uncertain return to trading, one thing is certain – the Food & Hospitality will inevitably recover. In fact, the latest credit card data from both the ANZ and CBA shows that spending on F&B is coming up from its lows.

People are social creatures by nature, with hospitality ingrained in our way of life - albeit it to differing degrees from person to person granted! Moreover, there is still a considerable amount of latent demand: Pre-COVID levels of demand for F&B were not a fad as consumers’ interaction with Hospitality is a practice that has been building over the last two decades.

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Food & hospitality is open for business

We as an industry are back and open for dine-in business. The profound power of the anticipation and excitement these simple words hold is balanced by the weight of a new normal for food and hospitality operators. This Monday has seen every state government now relax restrictions sufficiently to reopen our dine-in service – albeit in differing degrees from state to state. If reports of Monday night covers around Melbourne are anything to go by, diners are quite literally salivating at the chance to return to their favourite venue; as competitive as this has become as the reality of seating limitations make this once relatively simple pleasure, not quite so simple.

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