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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 2014

Dining in: Social trends and a strong economy will keep revenue growing

The Restaurants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 09-14
5.6%
Annual Growth 14-19
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Profit
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Employment
68,842
Businesses
8,360
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 posted annualised growth of 5.6% over the period. Performance was solid in 2013-14, with the industry growing by 3.1% to $11.4 billion. This strong growth, although somewhat attributable to a bounce after losses during the global financial crisis, can also be attributed to changing social trends. Busier lifestyles, longer hours at work and an increasing squeeze on leisure time have led more and more consumers to turn to restaurants as a solution. Restaurants have allowed consumers to combine mealtime with leisure and avoid the time involved in food preparation... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Restaurants industry has a low level of concentration. The industry is highly fragmented, with a large number of single establishments and owner-operated restaurants. IBISWorld estimates that the industry's largest players account for less than 2.0% of revenue and this is not expected to change over the next five years. The industry is comprised mainly of small businesses, with the majority employing less than 20 people. Revenue for these smaller businesses is, however expected to be significantly less relative to larger enterprises. Very few businesses in the industry employ more than 100 people, with the majority of those that do located in New South Wales and Victoria.

The low level of concentration in the industry has resulted in fierce competition among operators... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurants Industry?

This industry includes restaurants that serve food and beverages on the premises, such as licensed restaurants, BYO restaurants, licensed and BYO restaurants, and unlicensed restaurants. The industry excludes takeaway food services, restaurant and catering services, theatre restaurants and the sale of alcohol for consumption on and off premises.

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


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