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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 | Jul 2015

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

IBISWorld’s Restaurants market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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

Industry enterprises are generally spread according to the share of population by state and territory. Within individual cities, there tends to be a greater concentration of establishments in higher-than-average household income areas and in central business districts (CBDs). The population of each state has a direct influence on the number of restaurant-goers. Therefore, more densely populated states have a higher proportion of restaurants to service consumer demand. The bulk of the population resides in Australia's eastern states, which account for the vast majority of industry establishments.

As Australia's most populous state, New South Wales accounts for the largest share of industry establishments and employees... 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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