SEARCH   
MEMBER LOGIN    

Restaurants in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Restaurants Market Research Report | ANZSIC H4511a | Jul 2015

Cooking up a storm: Busier lifestyles and time-poor consumers boost demand for restaurants

IBISWorld’s Restaurants market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 11-16
4.3%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
69,089
Businesses
8,747
Industry Analysis & Industry Trends

Changing social trends have fuelled strong growth for the Restaurants industry over the past five years. The industry is expected to post annualised growth of 4.3% over the five years through 2015-16, to total $12.0 billion. Busier lifestyles and diminishing leisure time have increasingly led consumers to turn to restaurants as a solution. Restaurants have allowed consumers to combine dining with leisure and avoid spending time on food preparation. These trends are expected to continue in 2015-16, with industry revenue forecast to grow by 2.0% during the year.

Consumer demand for quality food and fine dining experiences has fuelled industry revenue growth over the past five years... purchase to read more

Industry Report - Industry Products Chapter

The Restaurants industry can be segmented into three main groups. The first is the high-end silver service or premium dining segment, which offers high levels of service, luxury settings and quality food and ingredients. Well-known or celebrity chefs often prepare the food and menu, with the high prices also reflecting the ambience and overall dining experience. The second is the middle-range dining segment, which typically offers good-quality food, moderate prices and a small range of takeaway food options. The third is the low-cost dining segment, which relies on quick service, high table turnover, low-price menus and a limited range of food and specialties. Restaurants in this segment generate higher takeaway revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurants Industry?

Firms in the industry are primarily engaged in providing food and beverages for consumption on the premises. Customers generally order and are served while seated and pay after eating. The industry includes licensed, unlicensed and BYO restaurants. The industry excludes cafes and coffee shops, theatre restaurants, catering services and shops that primarily offer takeaway food services.

Industry Products
Premium diningMid-range diningLow-cost dining
 
Industry Activities
Restaurant operationBistro operationBrasserie operationGrill bar operationSushi and sashimi restaurant


View Sample
Quote
Select Clients