New Research Report on the Behavior of Hispanic Consumers and Their Dining Out Preferences

Albany, US, 2017-Dec-01 — /EPR Network/ — Market Research Hub has added a new report to its repository, titled ‘U.S. Hispanic Consumers and Dining Out Market – November 2017’. The report shows an in-depth overview of the consumer behavior towards the restaurants in U.S. which includes the trends in the restaurant industry, the restraints that are limiting their growth, and also the forecast of opportunities which are coming their way. This comprehensive research report can help the businesses operating the restaurant industry of U.S. It will help them understand the thinking of Hispanic consumers which can help them grow and expand more.

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According to a new research report, expenditure on dining out of Hispanics has reached a value of $71 bn in 2017, which shows a 28% increase in the value since 2012. The rise in spending of Hispanics on dine outs is due to a number of factors like increasing options available to them. There are a lot of new restaurants opening every day around the country which has in turn increased the competition among them. They are now trying to try more innovative ways to attract the customers.

Hispanic Consumers and Dining Out: Report Structure

The research report is intended to cater all dine out places, which are looking for ways to stand out from others and improve their customer base. It provides the key pointers that affecting businesses the maximum. It starts with the summary of report including the motive behind the report. It then covers statistics of various analysis like share of expenditure on dining out by segment and Hispanic origin, menu characteristics that Hispanics find appealing, Hispanics’ reliance on recommendations and important attributes in Hispanics’ restaurant choice.

A section of report also covers different opportunities available to the business based on the preferences of Hispanic consumers. The research also includes segmentation of the market to simplify the process of understanding and analyzing the market. The segmentation incudes the one on the basis of restaurant visitor type i.e. casual restaurant visitors, fast casual visitors. The report comprises of a detailed analysis of both the segments individually.

Some of the key trends observed in dine out industry outcomes of the research also shows that:

  • Full-service restaurants are growing faster than limited-service set ups
  • Growth in dining out expenses continues grow at a healthy pace
  • Lower median household income forces Hispanics to look for value
  • Dining out is the preferred out-of-home activity for Hispanics
  • Children are more likely to be present with the Hispanics who dine out
  • Food delivery services are gaining popularity


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Reasons to Invest in This Report

This exhaustive research report gives a complete set of data that a restaurant business would require in order to grow and expand. It helps in understanding the behavior and preference of a vast group of people. It also gives a competitive landscape of the market, which helps the businesses in the market to compete efficiently, as they get to know the current strategies, advertising campaigns and also the future plans of the major players in the industry.

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