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

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).

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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.

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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. 

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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.

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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

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. 

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