Upscale alcohol pairs with junk food and casual items for approachability
Implications - As Millennials reach adult age, their taste for experiential food becomes more sophisticated; however, they remain in debt, and in pursuit of novelty food items. These factors converge in high-low alcohol-food pairings that combine often-nostalgic, lower-end foods with higher-end alcohol. This speaks to the often contradictory interests of Millennials and foodies alike.
Workshop Question - How can you incorporate nostalgia to make your product more accessible to the Millennial demographic?
Trend Themes
1. High-low Food and Alcohol Pairings - Food brands and restaurants are increasingly offering alcohol pairing options to attract Millennials with experiential food tastes and debt-driven financial constraints.
2. Exotic Alcohol Snack Combinations - Food and beverage brands are experimenting with pairing more sophisticated and exotic wines, beers and cognacs with nostalgic, lower-end snacks to cater to Millennials' contradictory interests.
3. Guided Alcohol and Snack Pairing - Brands are providing snack and alcohol pairing guides to aid foodies and alcohol connoisseurs alike in experimenting with new exciting combinations.
Industry Implications
1. Food and Beverage Industry - The trend of pairing exotic and sophisticated alcohol with everyday food items presents an opportunity to explore new flavors and create unique menu items that cater to the evolving taste of Millennials.
2. Alcohol and Snack Brand Industry - Brands can capitalize on the trend of alcohol and snack pairing by offering innovative pairing combinations, catering to nostalgic tastes with a sophisticated twist, and providing pairing guides for customers.
3. Hospitality Industry - Incorporating alcohol and snack pairing options in restaurant and bar menus can attract customers looking for unique dining experiences, create new revenue streams, and set businesses apart from competitors.
