Industry Analysis & Industry Trends
Takeaway and fast-food restaurants have suffered during the past five years as deteriorating economic conditions have prompted consumers to cut back on discretionary spending. Operators in the industry are facing increasing consumer demand for low-fat, low-sugar and low-salt meal options. The industry will record weak growth during 2012-13 as some consumers trade down from more expensive restaurant meals and uncertain times will lead others to their favourite comfort foods. Mobile and online technologies are changing the industry and many operators now offer online ordering and delivery services. Industry revenue is estimated to decline at an average annual rate of 2.1% over the five years through 2012-13, to reach £5.29 billion... purchase to read more
Industry Report - Industry Analysis Chapter
During the past five years, takeaway and fast-food restaurants have faced a challenging economic environment. Industry revenue is estimated to decline at an average annual rate of 2.2% over the five years through 2012-13, to reach £5.29 billion.
Fast food, slow growth
The country's continued economic difficulties are anticipated to encourage consumers to refrain from spending on takeaways and fast food in favour of eating at home. Heavy discounting by supermarkets and the increasing prevalence of cheaper own-brand food will contribute to this... purchase to read more