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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 | Feb 2014

Menu manoeuvres: Operators introduce healthier food options to boost revenue

IBISWorld’s Fast Food Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
3.0%
Annual Growth 14-19
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Profit
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Employment
214,265
Businesses
24,600
Industry Analysis & Industry Trends

A dramatic health kick has transformed the Fast Food Services industry, with revenue expected to grow by an annualised 3.0% over the five years through 2013-14. This change in the industry has been largely driven 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 choices with lower fat, sugar and salt contents. This change in consumer preferences has also led to an influx of new operators offering healthier fast-food options. Industry revenue is forecast to post solid growth over 2013-14, rising by 2.8% to $15.3 billion... purchase to read more

Industry Report - Industry Investment Chapter

The Fast Food Services industry has a low level of capital intensity. For every dollar spent on wages, $0.08 is spent on capital. Labour costs are the most significant part of daily operations and players require employees to undertake a range of tasks including customer service, production and assembly of food, handling and storage of food in accordance with health and safety regulations, inventory control and clearing tables. Wage costs are influenced by employee numbers, the wage rate and the company's trading hours.

The capital requirements for ongoing businesses are minimal and include the cost of depreciable assets such as refrigerators, freezers, ovens, food warmers and display cabinets... 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 the production of fast food is often purchased from wholesalers in its raw state before being transformed into fast food at store premises. Mobile food vans and milk bars that predominantly sell takeaway food and drinks are included.

Industry Products
BurgersPizzaChicken-based fast foodSandwiches, salads and juice bars Ethnic fast foodDesserts and confectioneryPies, sausage rolls, pasties, 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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