Foodservice Market Size in Australia to Grow by USD 30.48 billion, Conventional to be Largest Revenue-generating Modality Segment - Technavio

News provided by

Sep 22, 2022, 06:15 ET

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- According to the report "Foodservice Market in Australia Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026", the market will witness a YOY growth of 10.97% in 2022 and a CAGR of 11.64% during the forecast period. The report is segmented by modality (conventional, centralized, ready-prepared, and assembly-serve) and sector (commercial and non-commercial).

Technavio has announced its latest market research report titled Foodservice Market in Australia 2022-2026

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Key Segment Analysis

The conventional segment will be the largest contributor to market growth during the forecast period. Food that is prepared using the conventional system can be distributed for service directly to lunch counters or dining rooms. This system provides consumers with flexible menu options and freshly prepared food. Such advantages are expected to drive the growth of the segment during the forecast period.

Find additional highlights and key points on various market segments and their impact in the coming years. View our FREE PDF Sample Report

Vendor Insights

The foodservice market in Australia is fragmented, and the vendors are deploying growth strategies such as focusing on distinguishing their products and service offerings through clear and unique value propositions to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Bucking Bull
Burger Fuel Worldwide Ltd.
Craveable Brands
Domino's Pizza Inc.
Hungry Jacks Pty Ltd.
Inspire Brands Inc.
Krispy Kreme Inc.
McDonald Corp.
Nando's Group
Ribs and Burgers
Starbucks Co.
The Subway Group
YUM Brands Inc.

Request a FREE PDF Sample Report to find additional highlights on the growth strategies adopted by vendors and their product offerings

Key Market Drivers and Challenges

The changing lifestyles and rise in demand for convenient food are driving the growth of the market. Many people prefer on-the-go food due to their hectic lifestyles and the growing need for convenience, with the rise in the purchasing power of consumers in countries such as Australia. Customers can order food at home from quick service restaurants (QSRs). They can also customize their meals and purchase items that suit their needs. These factors will have a positive impact on the foodservice market in Australia.

The growing preference for home-cooked food will challenge the foodservice market in Australia during the forecast period. The food served in restaurants is considered unhealthy due to the presence of high amounts of added sugar, carbohydrates, salt, unhealthy fats, and artificial food additivities. On the other hand, home-cooked food uses fresh and hygienic ingredients. Hence, many people prefer home-cooked meals. This, in turn, will challenge the growth of the foodservice market in Australia.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Customize Your Report

Don't miss out on the opportunity to speak to our analyst and learn more insights about this market report. Technavio can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

Related Reports

Foodservice Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The foodservice market share is expected to increase by USD 10.13 billion from 2021 to 202.

Cloud Kitchen Market by Type and Geography - Forecast and Analysis 2022-2026: The cloud kitchen market share is expected to increase by USD 24.31 billion from 2021 to 2026.

Foodservice Market Scope in Australia
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 11.64%
Market growth 2022-2026	USD 30.48 billion
Market structure	Fragmented
YoY growth (%)	10.97
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Key companies profiled	Bucking Bull, Burger Fuel Worldwide Ltd., Craveable Brands, Domino's Pizza Inc., Hungry Jacks Pty Ltd., Inspire Brands Inc., Krispy Kreme Inc., McDonald Corp., Nando's Group, Ribs and Burgers, Starbucks Co., The Subway Group, and YUM Brands Inc.
Market dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by Modality
Exhibit 05: Executive Summary – Chart on Market Segmentation by Sector
Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 09: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 10: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 11: Chart on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 12: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 13: Chart on Australia: Year-over-year growth 2021-2026 (%)
Exhibit 14: Data Table on Australia: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 15: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Modality

5.1 Market segments

Exhibit 22: Chart on Modality - Market share 2021-2026 (%)
Exhibit 23: Data Table on Modality - Market share 2021-2026 (%)

5.2 Comparison by Modality

Exhibit 24: Chart on Comparison by Modality
Exhibit 25: Data Table on Comparison by Modality

5.3 Conventional - Market size and forecast 2021-2026

Exhibit 26: Chart on Conventional - Market size and forecast 2021-2026 ($ million)
Exhibit 27: Data Table on Conventional - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Chart on Conventional - Year-over-year growth 2021-2026 (%)
Exhibit 29: Data Table on Conventional - Year-over-year growth 2021-2026 (%)

5.4 Centralized - Market size and forecast 2021-2026

Exhibit 30: Chart on Centralized - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Data Table on Centralized - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Chart on Centralized - Year-over-year growth 2021-2026 (%)
Exhibit 33: Data Table on Centralized - Year-over-year growth 2021-2026 (%)

5.5 Ready-prepared - Market size and forecast 2021-2026

Exhibit 34: Chart on Ready-prepared - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Data Table on Ready-prepared - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Chart on Ready-prepared - Year-over-year growth 2021-2026 (%)
Exhibit 37: Data Table on Ready-prepared - Year-over-year growth 2021-2026 (%)

5.6 Assembly-serve - Market size and forecast 2021-2026

Exhibit 38: Chart on Assembly-serve - Market size and forecast 2021-2026 ($ million)
Exhibit 39: Data Table on Assembly-serve - Market size and forecast 2021-2026 ($ million)
Exhibit 40: Chart on Assembly-serve - Year-over-year growth 2021-2026 (%)
Exhibit 41: Data Table on Assembly-serve - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Modality

Exhibit 42: Market opportunity by Modality ($ million)

6 Market Segmentation by Sector

6.1 Market segments

Exhibit 43: Chart on Sector - Market share 2021-2026 (%)
Exhibit 44: Data Table on Sector - Market share 2021-2026 (%)

6.2 Comparison by Sector

Exhibit 45: Chart on Comparison by Sector
Exhibit 46: Data Table on Comparison by Sector

6.3 Commercial - Market size and forecast 2021-2026

Exhibit 47: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 49: Chart on Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 50: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

6.4 Non-commercial - Market size and forecast 2021-2026

Exhibit 51: Chart on Non-commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Data Table on Non-commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 53: Chart on Non-commercial - Year-over-year growth 2021-2026 (%)
Exhibit 54: Data Table on Non-commercial - Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Sector

Exhibit 55: Market opportunity by Sector ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 57: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 58: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 59: Overview on factors of disruption

9.4 Industry risks

Exhibit 60: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 61: Vendors covered

10.2 Market positioning of vendors

Exhibit 62: Matrix on vendor position and classification

10.3 Bucking Bull

Exhibit 63: Bucking Bull - Overview
Exhibit 64: Bucking Bull - Product / Service
Exhibit 65: Bucking Bull - Key offerings

10.4 Craveable Brands

Exhibit 66: Craveable Brands - Overview
Exhibit 67: Craveable Brands - Product / Service
Exhibit 68: Craveable Brands - Key offerings

10.5 Domino's Pizza Inc.

Exhibit 69: Domino's Pizza Inc. - Overview
Exhibit 70: Domino's Pizza Inc. - Business segments
Exhibit 71: Domino's Pizza Inc. - Key news
Exhibit 72: Domino's Pizza Inc. - Key offerings
Exhibit 73: Domino's Pizza Inc. - Segment focus

10.6 Hungry Jacks Pty Ltd.

Exhibit 74: Hungry Jacks Pty Ltd. - Overview
Exhibit 75: Hungry Jacks Pty Ltd. - Product / Service
Exhibit 76: Hungry Jacks Pty Ltd. - Key offerings

10.7 Inspire Brands Inc.

Exhibit 77: Inspire Brands Inc. - Overview
Exhibit 78: Inspire Brands Inc. - Product / Service
Exhibit 79: Inspire Brands Inc. - Key offerings

10.8 McDonald Corp.

Exhibit 80: McDonald Corp. - Overview
Exhibit 81: McDonald Corp. - Product / Service
Exhibit 82: McDonald Corp. - Key news
Exhibit 83: McDonald Corp. - Key offerings

10.9 Nando's Group

Exhibit 84: Nando's Group - Overview
Exhibit 85: Nando's Group - Product / Service
Exhibit 86: Nando's Group - Key offerings

10.10 Starbucks Co.

Exhibit 87: Starbucks Co. - Overview
Exhibit 88: Starbucks Co. - Business segments
Exhibit 89: Starbucks Co. - Key news
Exhibit 90: Starbucks Co. - Key offerings
Exhibit 91: Starbucks Co. - Segment focus

10.11 The Subway Group

Exhibit 92: The Subway Group - Overview
Exhibit 93: The Subway Group - Product / Service
Exhibit 94: The Subway Group - Key offerings

10.12 YUM Brands Inc.

Exhibit 95: YUM Brands Inc. - Overview
Exhibit 96: YUM Brands Inc. - Business segments
Exhibit 97: YUM Brands Inc. - Key news
Exhibit 98: YUM Brands Inc. - Key offerings
Exhibit 99: YUM Brands Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 100: Inclusions checklist
Exhibit 101: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 102: Currency conversion rates for US$

11.4 Research methodology

Exhibit 103: Research methodology
Exhibit 104: Validation techniques employed for market sizing
Exhibit 105: Information sources

11.5 List of abbreviations

Exhibit 106: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio