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Fast Food Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fast Food Services Market Research Report | ANZSIC H4512 | Jul 2016

Food for thought: Changing consumer trends are forcing operators to adapt

IBISWorld’s Fast Food Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 12-17
3.9%
Annual Growth 17-22
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Profit
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Employment
153,332
Businesses
24,893
Industry Analysis & Industry Trends

Consumer health awareness has transformed the Fast Food Services industry over the past five years. Industry demand has been affected by increased consumer awareness about the nutritional content of fast food and a conscious effort by consumers to choose healthier options. Industry operators have responded by introducing a range of healthier, premium choices with less fat, sugar and salt. This change in consumer preferences has also led to an influx of new operators offering higher quality fast-food options. Growing industry participation, combined with rising prices as demand for premium products increases, is expected to drive revenue growth of 3.0% over 2016-17. Revenue is forecast to rise by an annualised 3.9% over the five years through 2016-17, to reach $19.3 billion... purchase to read more

Industry Report - Industry Products Chapter

Growing public awareness of healthy eating has led growth in the range of products offered by the industry. Consumers have become increasingly concerned about fat and salt content. As a result, fast-food operators have expanded their menus to include healthier options such as salads, yoghurt and wraps. New operators with a premium or healthy focus have also been drawn to the industry, hoping to benefit from shifting consumer demand.

Burgers

Traditional hamburgers account for the largest share of industry revenue. Chicken burgers are not included in this segment. Unsurprisingly, industry heavyweights McDonald's and Hungry Jack's support the hamburger segment's dominance. However, this segment's share of industry revenue has fallen over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fast Food Services Industry?

Industry firms primarily provide fast food, such as burgers, pizza, sandwiches and sushi, to takeaway for immediate consumption. Customers order or select items and pay before eating. Food is usually provided in takeaway containers or packaging, and is consumed on the premises, taken away, or delivered. The industry also includes fast food sold in food halls and food courts.

Industry Products
BurgersPizzaChicken-based fast foodSandwiches, salads and juicesDesserts and confectioneryOther fast food
 
Industry Activities
Cooked chicken retailing Pizza retailingHamburger retailing Fish and chips retailing Sandwich retailingJuice bar operationMobile food van operationSushi retailingTakeaway food retailingIce cream retailing


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