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 SWOT Analysis Chapter
The Fast Food Services industry is currently in the mature phase of its life cycle. Industry value added is forecast to post annualised growth of 1.2% in the 10 years through 2019-20, compared with an annualised rise in Australian GDP of 2.7%. This represents an underperformance of the wider economy over the 10-year period. Despite demand for healthier fast-food options, this overall underperformance has been affected by industry profit margins, weaker revenue from 2010-11 through 2011-12, and strong competition across traditional fast-food segments.
Industry establishment numbers are forecast to grow over the 10 years through 2019-20... purchase to read more