Top of the food chain: Discretionary income growth has boosted revenue

The Fast Food and Takeaway Food Services industry has flourished over the past five years. Demand for fast food has benefited from an increase in consumer health consciousness and the rising awareness of the benefits of maintaining a healthy diet and lifestyle. Demand growth for healthy fast food has been faster than the demand decline for unhealthy fast food. Traditional fast-food retailers have responded to these trends by expanding their product ranges, while new players have entered the industry, eager to gain market share. As a result, industry revenue is expected to grow at an annualised 5.4% over the five years through 2018-19, to $2.6 billion. Industry revenue is anticipated to grow by 1.6% in 2018-19, due to an increase in discretionary income...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 14-19
5.4%
Forecast Growth 19-24
Profit
Employment
26,544
Businesses
5,768

Industry Threats & Opportunities

  • Real household discretionary income growth has supported the industry’s performance
  • Establishment numbers have increased due to growth in the store networks of existing players
  • Real household discretionary income growth will continue to drive demand for takeaway food
  • Industry Report - Industry Key Buyers Chapter

    The industry is characterised by moderate market share concentration. The top four players are estimated to hold over 50% of the market in 2018-19. The rest of the industry is largely fragmented. Key industry players, such as McDonald's, Pizza Hut, KFC, Burger King and Subway, dominate the industry at one end of the spectrum, with smaller-sized entities, such as Tank Juice, Wendy's and Oporto, operating at the opposite end. While new operators have entered the industry over the past five years, they have faced difficulty in gaining a share of the market due to the strong presence of larger existing players. However, the industry's capital requirements are low, which supports the entry of new operators.Industry concentration has declined over the past five years. Gro...purchase to read more.

    Additional Insights for the Fast Food and Takeaway Food Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fast Food and Takeaway Food Services Industry are

  • Ability to franchise operations
  • Ability to control stock on hand
  • Prompt delivery to market
  • IBISWorld analysts also discuss how external factors such as Average weekly hours worked and Real household discretionary income in the Fast Food and Takeaway Food Services industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Fast Food and Takeaway Food Services in New Zealand Industry?

    Industry operators provide takeaway food that is ready for immediate consumption, such as pizza, burgers, sandwiches and sushi. Takeaway food is generally placed in takeaway containers or packaging, and may be consumed on the premises, taken away or delivered.

    Industry Products
  • Burgers
  • Pizza
  • Chicken
  • Sandwiches, salads and juice
  • Confectionery and desserts
  • Other fast food
  • Industry Activities
  • Pizza retailing
  • Burger retailing
  • Fish and chip retailing
  • Sandwich retailing
  • Sushi retailing
  • Ice cream retailing
  • Juice bar retailing
  • Mobile food van operations
  • Other takeaway food retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Average weekly hours worked
  • Real household discretionary income
  • Median age of the population
  • Consumer sentiment index
  • Health consciousness

  • Current Performance
  • Competition

    and profit

  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Trading landscape
  • Competition

    and profit

  • Enterprises and employment
  • Table: Fast Food and Takeaway Food Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fast Food and Takeaway Food Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in New Zealand

  • Key Selling Industries
  • General Line Grocery Wholesaling in New Zealand
  • Meat, Poultry and Smallgoods Wholesaling in New Zealand
  • Soft Drink and Pre-Packaged Food Wholesaling in New Zealand

  • Products & Services
  • Burgers
  • Pizza
  • Sandwiches, salads and juice
  • Chicken
  • Confectionery and desserts
  • Other fast food
  • Chart: Fast Food and Takeaway Food Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 31 to 50
  • Consumer aged 51 to 70
  • Consumer aged 19 to 30
  • Consumers aged 71 and over
  • Consumer aged 15 to 18
  • Chart: Major Market Segmentation for the Fast Food and Takeaway Food Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Fast Food and Takeaway Food Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fast Food and Takeaway Food Services Industry

  • Industry Globalization
    Restaurant Brands New Zealand Limited, McDonald's Restaurants (New Zealand) Limited, Subway Franchisee Advertising Fund Trust, B.V., Tango Holdings NZ, Domino's Pizza Enterprises Limited,
  • Table: Restaurant Brands New Zealand Limited - financial performance
  • Table: McDonald's Restaurants (New Zealand) Limited - financial performance
  • Table: Subway Franchisee Advertising Fund Trust, B.V. - financial performance
  • Table: Tango Holdings NZ - financial performance
  • Table: Domino's Pizza Enterprises Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Fast Food and Takeaway Food Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fast Food and Takeaway Food Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Food Van
  • A mobile food establishment that sells food at events or in high consumer traffic areas.
  • Franchise
  • Permission granted by a brand owner to a franchisee to sell the brand's products.
  • Point-Of-Sale Systems
  • Computerised systems used in retail sales to complete transactions.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Fast Food and Takeaway Food Services in New Zealand 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fast Food and Takeaway Food Services in New Zealand:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fast Food and Takeaway Food Services in New Zealand market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fast Food and Takeaway Food Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear