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daxue insights CHINESE MILLENNIALS HAVE TRANSFORMED THE FOOD INDUSTRY BY ADOPTING NEW CONSUMPTION PATTERNS AND DIVERGING FROM THEIR OLDER GENERATIONS’ LIFESTYLE. DINING SOCIAL ACTIVITY COMPARISON THEY GIVE MORE IMPORTANCE TO NON-DINING SOCIAL ACTIVITIES: THEY SPEND LESS TIME DINING MORE DIVERSE DEMAND IN TERM OF TASTE AND TYPE OF DISHES: FAST FOOD, WESTERN DISHES, BARBECUE AND HOT POT ARE TRENDING FOOD PREFERENCES COMPARISON TRADITIONAL CHINESE FAST FOOD HOT POT FOREIGN DISHES BARBECUE AND SNACKS 0% 20% 40% 60% 80% 70S 80S 90S INFLUENCE FACTOR OF CHOOSING A RESTAURANT 0% 10% 20% 30% 40% 50% 70S 80S 90S WORD-OF-MOUTH CRUCIAL FOR MILLENIALS EATING CHOICES: WHILE THE MONEY-SAVING WAS THE MAIN REASON TO CHOSE A RESTAURANT, THE 90S ARE MUCH MORE LOOKING FOR A GOOD EXPERIENCE AND THEN RELYING ON COUNTERPARTS FEEDBACKS, INCLUDING ONLINE REVIEWS. I HEARD THE TASTE IS VERY GOOD IT HAS GROUPON/OTHER PROMOTIONS IT USUALLY HAVE LONG QUEUE THE EATING ENVIRONMENT IS VERY NICE THE DECORATION IS FASHIONABLE THE SERVICE IS GOOD 1990 1980 ALTOGETHER DINING IS STILL A VERY IMPORTANT SOCIAL EVENT FOR 90S, BUT THEY ALSO WANT MORE DIVERSIFIED SOCIAL LIFE, WHICH ALSO REQUIRE TIME, SO… The food Expectations of Chinese Millennials are Now Driven By the Research of New Experiences POST 1970S POST 1980S POST 1990S WATCH A MOVIE GO SHOPPING KARAOKE LESS THAN ONE HOUR TIME SPENT DINING IN A RESTAURANT MILLENNIALS ARE. . . POST 1970S POST 1980S POST 1990S MORE THAN ONE HOUR MORE THAN TWO HOURS 1990 1980

The food expectations of Chinese Millennials are now driven by the research of new experiences

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Page 1: The food expectations of Chinese Millennials are now driven by the research of new experiences

d a x u e i n s i g h t s

CHINESE MILLENNIALS HAVE TRANSFORMED THE FOOD INDUSTRY BY ADOPTING NEW CONSUMPTION PATTERNS AND DIVERGING FROM THEIR OLDER GENERATIONS’ LIFESTYLE.

DINING

SOCIAL ACTIVITY COMPARISON

THEY GIVE MORE IMPORTANCE TO

NON-DINING SOCIAL ACTIVITIES:

THEY SPEND LESS TIME DINING

MORE DIVERSE DEMAND IN TERM OF TASTE AND TYPE OF DISHES:

FAST FOOD, WESTERN DISHES, BARBECUE AND HOT POT ARE TRENDING

FOOD PREFERENCES COMPARISON

TRADITIONAL CHINESE FAST FOOD HOT POT FOREIGN DISHES BARBECUE AND SNACKS

0% 20% 40% 60% 80%

70S

80S

90S

INFLUENCE FACTOR OF CHOOSING A RESTAURANT

0% 10% 20% 30% 40% 50%

70S

80S

90S

WORD-OF-MOUTH CRUCIAL FOR MILLENIALS EATING CHOICES:

WHILE THE MONEY-SAVING WAS THE MAIN REASON TO CHOSE A

RESTAURANT, THE 90S ARE MUCH MORE LOOKING FOR A GOOD

EXPERIENCE AND THEN RELYING ON COUNTERPARTS FEEDBACKS,

INCLUDING ONLINE REVIEWS.

I HEARD THE TASTE IS VERY GOOD

IT HAS GROUPON/OTHER PROMOTIONS

IT USUALLY HAVE LONG QUEUE

THE EATING ENVIRONMENT IS VERY NICE

THE DECORATION IS FASHIONABLE

THE SERVICE IS GOOD

19901980

ALTOGETHER DINING IS STILL A VERY IMPORTANT SOCIAL EVENT FOR

90S, BUT THEY ALSO WANT MORE DIVERSIFIED SOCIAL LIFE, WHICH

ALSO REQUIRE TIME, SO…

The food Expectations of Chinese Millennials are Now Driven By the Research of New Experiences

POST

1970S

POST

1980S

POST

1990S

WATCH A MOVIE

GO SHOPPING

KARAOKE

LESS THAN ONE HOUR

TIME SPENT DINING IN A RESTAURANT

MILLENNIALS ARE. . .

POST

1970S

POST

1980S

POST

1990S

MORE THAN ONE HOUR

MORE THAN TWO HOURS

1990

1980