$25.3bn
$X.Xbn
226k
26,630
$X.Xbn
Consumer health awareness is transforming the Fast Food and Takeaway Food Services industry. Consumers’ heightened awareness of fast food’s nutritional content and conscious effort to choose healthier options have influenced demand. Fast food brands have responded by introducing a range of healthier, premium choices with less fat, sugar and salt. Changes in consumer preferences have also prompted an influx of new players that offer higher quality fast food options. For example, the number of salad and juice bars and sushi stores is increasing. The recent cost-of-living crisis has had a mixed impact on the industry. Although people are refraining from spending excessively on eating out, they’re preferring to spend on fast food meals instead of paying for full meals at restaurants. Revenue is expected to have grown at an annualised 1.3% over the five years through 2024-25, to $25.3 billion. This trend includes an anticipated jump of 0.7% in 2024-25.
Industry revenue has grown at a CAGR of 1.3 % over the past five years, to reach an estimated $25.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
McDonald's | 5,705.4 | |
Competitive Foods | 2,410.4 | |
Yum! Restaurants Australia | 2,215.0 |
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Industry revenue is measured across several distinct product and services lines, including Burgers, Pizza and Chicken-based fast food. Burgers is the largest segment of the Fast Food and Takeaway Food Services in Australia.
Rising quality and customisation options are boosting demand for burgers
Industry firms primarily provide fast food, such as burgers, pizza, sandwiches and sushi, and 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.
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ANZSIC 4512 - Fast Food and Takeaway Food Services in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Evolving consumer trends are changing the product mix for fast food and takeaway food services. Fast food stores are offering more premium and healthy options to capitalise o...
Learn about an industry's products and services, markets and trends in international trade.
Health consciousness is growing among consumers. This trend is driving demand for healthier fast food products like salads, juices and sandwiches.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Population densities significantly impact how establishments are distributed. That’s why Victoria, New South Wales and Queensland house over three-quarters of fast food outle...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition has traditionally been focused on price. However, rising health consciousness among consumers is intensifying competition based on perceived health benefits.
Learn about the performance of the top companies in the industry.
Major fast food brands like Domino’s Pizza and Hungry Jack’s are attempting to capitalise on evolving consumer preferences. These companies are expanding their product ranges...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Rising health consciousness is having a mixed impact on fast food and takeaway food outlets. While people are demanding less traditional fast food, fast food businesses are e...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Growing enterprise and establishment numbers are boosting employment for fast food and takeaway food outlets. As a flow-on effect, wage costs are also climbing.
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Fast Food and Takeaway Food Services industry in Australia is $25.3bn in 2024.
There are 26,630 businesses in the Fast Food and Takeaway Food Services industry in Australia, which has grown at a CAGR of 0.4 % between 2019 and 2024.
The market size of the Fast Food and Takeaway Food Services industry in Australia has been growing at a CAGR of 1.3 % between 2019 and 2024.
Over the next five years, the Fast Food and Takeaway Food Services industry in Australia is expected to grow.
The biggest companies operating in the Fast Food and Takeaway Food Services market in Australia are McDonald's, Competitive Foods and Yum! Restaurants Australia
Burgers and Chicken-based fast food are part of the Fast Food and Takeaway Food Services industry.
The company holding the most market share in Australia is McDonald's.
The level of competition is high and increasing in the Fast Food and Takeaway Food Services industry in Australia.