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Fast Food Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fast Food Services Market Research Report | ANZSIC H4512 | Apr 2015

Fast and healthy: Subdued traditional fast food revenue has been offset by successful healthier options

IBISWorld’s Fast Food Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 10-15
0.7%
Annual Growth 15-20
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Profit
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Employment
150,639
Businesses
25,141
Industry Analysis & Industry Trends

Consumer health awareness has transformed the Fast Food Services industry over the past five years. While revenue is forecast to rise by just 0.7% annualised over the five years through 2014-15, this weak growth is largely due to poor performance in 2010-11 and 2011-12. Industry demand has been affected by increased consumer awareness about the nutritional content of fast food and a conscious effort by consumers to choose healthier options. Industry operators have responded with the introduction of a range of healthier, premium choices with less fat, sugar and salt. This change in consumer preferences has also led to an influx of new operators offering higher quality fast-food options. Industry revenue is forecast to post solid growth over 2014-15, rising by 2.7% to total $14.2 billion... purchase to read more

Industry Report - Industry Analysis Chapter

Growth in the Fast Food Services industry has been relatively weak over the past five years. Revenue has been restrained by volatile consumer sentiment, which was at its lowest in 2011-12. Over the five years through 2014-15, industry revenue is forecast to rise by an annualised 0.7%. Strong revenue growth of 2.7% is forecast for 2014-15, to reach $14.2 billion. Increasing public awareness of the importance of a balanced diet has subdued revenue growth from traditional fast foods, while a broader range of healthier fast-food options has provided some opportunities for expansion. Consumers have revised their fast-food eating habits and operators have responded by expanding healthy ranges and introducing new products to capture this market... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fast Food Services Industry?

Industry operators primarily sell fast food including burgers, pizza, sandwiches and sushi. Produce used in fast food is often purchased from wholesalers in its raw state and then transformed into fast food at store premises. Mobile food vans and milk bars that predominantly sell takeaway food and drinks are included in the industry.

Industry Products
BurgersPizzaChicken-based fast foodSandwiches, salads and juicesEthnic fast foodDesserts and confectioneryPastry-based meals and fish and chips
 
Industry Activities
Cooked chicken retailing Pizza retailingHamburger retailing Fish and chips retailing Sandwich retailingJuice bar operationMobile food truck operationSushi retailing


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