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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 | Jul 2016

Food for thought: Changing consumer trends are forcing operators to adapt

The Fast Food Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 12-17
3.9%
Annual Growth 17-22
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Profit
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Employment
153,332
Businesses
24,893
Industry Analysis & Industry Trends

Consumer health awareness has transformed the Fast Food Services industry over the past five years. 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 by introducing 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. Growing industry participation, combined with rising prices as demand for premium products increases, is expected to drive revenue growth of 3.0% over 2016-17. Revenue is forecast to rise by an annualised 3.9% over the five years through 2016-17, to reach $19.3 billion... purchase to read more

Industry Report - Industry Key Buyers Chapter

The industry is characterised by a medium level of market share concentration. The top four players are expected to account for 44.7% of the market in 2016-17. Many of the major players, such as McDonald's and Yum! Restaurants, operate as franchise networks. While larger operators account for a significant portion of industry revenue, the industry is highly fragmented beyond these major players.

Concentration in the industry has declined slightly over the past five years. As demand shifted from traditional fast food towards healthier options, a number of smaller players have entered the industry and have been a strong source of competition to larger players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fast Food Services Industry?

Industry firms primarily provide fast food, such as burgers, pizza, sandwiches and sushi, to takeaway for immediate consumption. Customers order or select items and pay before eating. Food is usually provided in takeaway containers or packaging, and is consumed on the premises, taken away, or delivered. The industry also includes fast food sold in food halls and food courts.

Industry Products
BurgersPizzaChicken-based fast foodSandwiches, salads and juicesDesserts and confectioneryOther fast food
 
Industry Activities
Cooked chicken retailing Pizza retailingHamburger retailing Fish and chips retailing Sandwich retailingJuice bar operationMobile food van operationSushi retailingTakeaway food retailingIce cream retailing


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