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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 | Jun 2014

Menu manoeuvres: Operators introduce healthier food options to boost revenue

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
$15bn
Annual Growth 09-14
3.0%
Annual Growth 14-19
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Profit
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Employment
148,120
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, 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 2013-14, rising by 2.8% to total $15.3 billion... 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 1.9% in the 10 years through 2018-19, compared with an annualised rise in Australian GDP of 2.6%. 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 and strong competition across traditional fast-food segments.

Industry establishment numbers are forecast to only grow modestly over the 10 years through 2018-19. This also indicates that the industry is in the mature phase of its life cycle... 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 in the industry.

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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