Industry Analysis & Industry Trends
The Pizza Restaurants and Takeaway industry has changed considerably over the past five years. While traditional pizzas remain popular with Australians, consumer preferences are shifting. Consumers have embraced gourmet and healthier options over the past five years, despite the associated higher pricepoints. Over the five years through 2016-17, industry revenue is expected to grow by a compound annual 2.8%. This strong growth includes a forecast rise of 0.9% in 2016-17, with revenue reaching $3.7 billion. As consumer demand has diversified, product innovation has been key to the industry's growth.
Convenience trends and changing menus have bolstered demand in the face of uncertain economic conditions... purchase to read more
Industry Report - Starting a New Business Chapter
The Pizza Restaurants and Takeaway industry is subject to low but increasing barriers to entry. While the industry is still highly fragmented, several new and existing pizza chains have gained a strong foothold in the market over the past decade. The increasing market share held by the major pizza chains is lifting the level of competition and providing a certain level of pricing and product dominance. Domino's, Eagle Boys, Pizza Hut and several other chains are well entrenched in some geographic regions, which can also present significant barriers to entry in those areas. However, there are many examples of local pizza shops entering the industry to serve specific needs... purchase to read more