The Future of Local by Darren Tristano - UCLA Extension
Transcript of The Future of Local by Darren Tristano - UCLA Extension
Darren Tristano is an Executive Vice President at Technomic Inc. and is focused on expanding the foodservice industry knowledge base and sharing this intelligence with operators, suppliers and other key players. Over the past 20 years, he has overseen the growth of Technomic’s Information Services division. On Technomic’s consulting side, Darren leads the company’s Restaurant Practice, providing operator clients with actionable findings and insights. Drawing on this experience, Darren also puts Technomic’s research findings into context, speaking frequently to the media and at industry conferences. Industry Experience and Expertise
Darren is responsible for industry tracking services and reports that foodservice executives rely on for market intelligence. These “industry standard” sources include Consumer Brand Metrics, MenuMonitor, PriceMonitor and the Digital Resource Library. Since 1999, he has led advisory group services for Technomic’s operator clients. These groups have been essential to maintaining close contact with the industry and providing unparalleled access to frontline industry issues. Darren also serves as group publisher of Technomic’s Consumer Trend Reports and conferences, including Technomic’s Restaurant Forecast & Outlook, Consumer Insights, Canadian Trends & Directions, and Menu Innovation and Insights events. Currently, he is leading initiatives to expand Technomic’s operator knowledgebase in North and South America, Europe, Asia and Australia. Media
Specializing in national and emerging restaurant chain concepts, menu trends and consumer dining behaviors, Darren is often quoted in trade, news and business media, including The Wall Street Journal, The New York Times, USA Today, Los Angeles Times, Chicago Tribune, Forbes, Fortune, Fast Company, Nation’s Restaurant News, Franchise Times, Restaurant Business and numerous other online and print publications. He has made appearances on The Today Show, Bloomberg Television, Fox News and MSNBC, and is a frequent guest of National Public Radio and Marketwatch. Speaking Engagements
Darren is a frequent speaker at conferences sponsored by the National Restaurant Association, Nation’s Restaurant News, Restaurant Hospitality, Restaurant Leadership Conference and The Canadian Restaurant and Foodservice Association. Education
Darren earned his B.S. degree from The University of Illinois at Chicago. He is a Certified Public Accountant.
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Darren Tristano Executive Vice President
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The Future of LOCAL
PREPARED FOR:
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Awareness and understanding
As a dining influence
On the menu
Amid emerging supply chain models
To leverage ”food with a story”
Future of “Local”:
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Consumers report seeing more“local” foodsat restaurants
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Understanding on the decline
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Compared to 86%in 2012
72%of consumers say
they understand what “locally sourced”
means in restaurants
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What does “local” mean anyway?
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School program: within the state Distributor: the Midwest region
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75% of consumers say “from my city”
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57% of consumers say they seek out restaurants offering locally sourced products at least sometimes
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Why local?
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“It’s fresher”
“It supportslocal business”
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The closer the sourcing, the greater the willingness to pay more
Source: Consumer Brand Monitor: Q4 2014
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22%
25%
29%
34%
37%
From any specific location
From my region
From my state
From within 100 miles
From my city
Willing to pay up to 5% more for food….
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44%
45%
51%
52%
53%
56%
60%
66%
Fish
Pork
Beef
Poultry
Baked goods
Dairy
Fruit
Vegetables
Items important to be sourced locally (top two box)
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Mentions also rising across mealparts
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Source: Technomic Menu Monitor 2010‐2015
82%Appetizers
137%Entrées/main dishes
150%Dessert
367%Non‐alcoholic beverage
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But “local” positioning still developing
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Descriptors more likely than “locally raised”To increase willingness to pay more for beef
Hormone‐freeSteroid‐free
Domestically raisedAntibiotic‐free
Grass‐fedFarm‐raised
Descriptors perceived to make poultrymore healthy and tasty than “local”
Natural Unprocessed
OrganicPremium
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Chipotle served more than20 million pounds oflocal produce in 2014
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Distribution channels responding
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Source: USDA, Agricultural Marketing Service, Food Nutrition Service, National Farm to School Network
180%
288%
430%
Farmers' markets (2014)
Regional food hubs (2014)
Farm‐to‐school programs(2011‐12 school year)
Percent increase in local food channels since 2007
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Barriers persist in operators’ minds
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LOCAL IN PLAY
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Local Chef’s Menu
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Local Ingredients
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Local Farm
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Key Takeaways
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Consumers are aware of and place value on locally sourced products in restaurants
Innovative operators are working with suppliers to address issues of availability, consistency, price
Growth opportunities lie in targeting menu items and positioning in the consumer’s mind
Lack of a standard definition can be a help or a hindrance
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Darren TristanoExecutive Vice President
About Technomic
Technomic Inc. has been tracking the global foodservice industry for more than 45 years, providing industry intelligence, forecasts, data and training support to manufacturers, operators, distributors and others allied to the field. Our numerous publications and online products—featuring informative newsletters, annual reports, training handbooks, sales guides, restaurant chain profiles and analysis tools—help industry leaders keep a finger on the pulse of the entire global foodservice terrain. Technomic delivers distinctive, premium content to its customers. To learn more about our products and services, visit us at technomic.com
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