Industry Analysis & Industry Trends
A dramatic health kick has transformed the Fast Food Services industry over the past five years. While revenue is forecast to rise by an annualised 0.7% over the five years through 2014-15, this is largely due to negative returns in 2010-11 and 2011-12. Industry demand has received some support from 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 lower fat, sugar and salt levels. 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 $15.6... 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 account for 39.2% of the market. While larger operators account for a large portion of the industry, it is highly fragmented beyond these major players. IBISWorld estimates that over 30.0% of industry players are small-size operators that do not employ staff.
Concentration in the industry has remained relatively constant over the past five years. The move towards healthier options and away from traditional fast food has resulted in the entry of some smaller players, which may provide competition to larger players over the next five years... purchase to read more