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Restaurants in Australia: Market Research Report

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

Restaurants Market Research Report | ANZSIC H4511a | Feb 2016

Food for thought: Shifting consumer trends provide an opportunity for industry growth

IBISWorld’s Restaurants market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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
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Profit
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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 Locations Chapter

The geographic spread of the industry is closely correlated with population and income distribution, and general economic activity. Restaurants tend to be located in densely populated areas where they will have greater exposure to consumer traffic. Consequently, New South Wales, Victoria and Queensland account for 81.4% of industry establishments, and 77.0% of the population. On the other hand, less populous states and territories such as Tasmania, the Australian Capital Territory and the Northern Territory account for a smaller share of the industry, representing a combined 4.3% of establishments, and less than 5.0% of the population.

New South Wales and Victoria represent a larger share of restaurants than their population base would indicate... 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


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