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 | Aug 2014

Continued growth: Consumer trends and a thriving food culture will drive industry revenue

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 10-15
3.6%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
68,415
Businesses
8,550
Industry Analysis & Industry Trends

Changing social trends have fuelled a recovery of the Restaurants industry over the past five years. Bouncing back from a low point during the global financial downturn, the industry has posted annualised growth of 3.6% over the five years through 2014-15. The industry is expected to grow further by 2.0% during 2014-15 to total $11.7 billion. The strong growth over the past five years can also be attributed to changing social trends. Busier lifestyles, longer hours at work and an increasing squeeze on 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... purchase to read more

Industry Report - Industry Products Chapter

The Restaurants industry can be broadly 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-price menu also reflecting ambience and the overall dining experience. The second is the middle-range segment, which typically offers good-quality food, moderate prices and a small range of takeaway food options. The third is the low-price restaurant 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?

Establishments in this industry serve food and beverages on the premises, and include licensed restaurants, BYO restaurants, licensed and BYO restaurants, and unlicensed restaurants. The industry excludes takeaway food services, restaurant and catering services, and theatre restaurants.

Industry Products
Premium diningMiddle-range diningLow-cost dining
 
Industry Activities
BYO restaurant operationLicensed restaurant operationBYO and licensed restaurant operationUnlicensed restaurant operation


View Sample
Quote
Select Clients