NIQ: Analyzing Price Trends in the Hospitality Industry

NIQ, in partnership with Prestige Purchasing, plays an instrumental role in monitoring and analyzing price changes within the hospitality sector. This collaboration has yielded significant insights into the cost dynamics of various commodities, with a particular focus on dairy products.

Key Events

In May, NIQ reported a 0.1% decrease in food and drink prices across the industry. This reduction was largely driven by declining costs in fresh produce, dairy products, and cooking oils. The joint report by NIQ and Prestige Purchasing highlights these changes, underscoring the evolving cost structure in the hospitality industry.

The analysis provided by NIQ offers stakeholders in the hospitality market valuable insights into the factors influencing these cost variations, enabling them to make informed decisions.

Market Insights

NIQ contributes valuable market data for Spain’s fast-moving consumer-goods sector. According to NIQ, private-label goods account for 54% of Spain's fast-moving consumer-goods market share, reflecting significant trends in consumer preferences and market dynamics.

Modified: 2026/08/29

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