If there’s one generation that makes headlines, it’s millennials. According to the 2015 U.S. Census, there are 75.4 million millennials living in the country, officially making them the largest generation in the States. If you operate a restaurant, it’s worth paying attention to what millennials do and want – especially when you consider that they spend more dining out than they save for retirement. Here are the top four things millennials are seeking when it comes to dining out – and how these changes are affecting the food industry.
They Want Convenience
The first meal kit service started in 2007 – and now, 12 years later, it’s a booming industry estimated to hit $10 billion in revenue by 2020. Who’s to thank for that? Millennials, of course – they’re considerably more likely to subscribe to these services than non-millennials.
That’s just one example of the importance convenience has to millennials. Other popular (and booming) examples are grocery delivery services, food trucks, heat-and-eat options available at grocery stores, and online ordering (millennials are the most likely to get home delivery from restaurants). In fact, according to the 2017 Food and Health Survey by the International Food Information Council, 55% of millennials say convenience is a top driver when buying food.
They Want Transparency (And Responsibility)
Don’t be mistaken: just because millennials value convenience doesn’t mean they don’t also take healthiness and sustainability seriously. The trend is just the opposite, actually.
First and foremost, millennials are redefining what it means for a food to be considered “healthy” – instead of low-fat being a top priority, they now put natural, organic, locally sourced, and sustainable foods at the top of their list. Did you know that millennials eat 52% more vegetables than baby boomers and 52% of organic consumers are millennials?
This generation also wants to know where their food is made – a whopping 80% of them want to know more about where their food is grown – and they value how it’s made (you may have noticed the terms “locally sourced” and “farm-to-table” popping up on menus in recent years).
They Want Trendiness
Gone are the days of steak and potatoes – instead, unique, customizable items are making a splash with millennials. “Build-your-own” quick service restaurants (like Chipotle) are growing steadily, and for a good reason: 72% of consumers expect customization! Some examples of recent unique trends are food bowls, food mashups/hybrids (hello, cronuts), and avocado toast.
So, are unique meals actually popular with millennials, or do they just make headlines? The former is true: 40% of millennials report they like to order different things every time they eat in the same restaurant, and they don’t shy away from vegan and cultural cuisines. They’re also described as open-minded and curious. Besides adopting a creative menu, it’s a good idea to also create a unique, modern vibe in your restaurant – from your light fixtures to your point of sale.
They Want an Experience
If you have a social media account, you know that photos from users experiencing a satisfying meal are popular. In fact, 75% of millennials report they value the experience of eating food more than the nourishment. And social media is a huge part of the dining experience: 41% of millennials log in to Facebook every day, 29% use Instagram regularly, and 25% use Snapchat on a daily basis. To top it off, 20% of millennials say that they receive food news from peers on Facebook.
To help make your restaurant “Instagram-worthy,” consider adopting a modern and aesthetically pleasing menu design, ambiance, and décor – and don’t forget to create social media accounts for your restaurant if you haven’t already!