Cafes and Restaurants in New Zealand - Industry Market Research Report
Description
Cafes and Restaurants in New Zealand
The Cafes and Restaurants industry has benefited from climbing discretionary incomes and changing consumer trends. Higher incomes have provided greater purchasing power to households to spend on food and beverages sold by cafes and restaurants. Trendy casual dining options have become increasingly popular, with consumers seeking out more fashionable casual meal options. Higher health consciousness has fuelled demand for healthier premium food options. Industry revenue is resultingly expected to expand at an annualised 2.4% over the five years through 2022-23, to $7.3 billion. Revenue has jumped by 3.5% in 2022-23 alone, as the government eases COVID-19 restrictions.
Cafes and restaurants mainly serve food and beverages for consumption on the premises. Customers generally order and are served while seated and pay after eating. The industry includes cafes and coffee shops, and licensed, unlicensed and BYO restaurants. Catering services, takeaway food services, theatre restaurants and pubs are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Cafes and Restaurants industry has benefited from climbing discretionary incomes and changing consumer trends. Higher incomes have provided greater purchasing power to households to spend on food and beverages sold by cafes and restaurants. Trendy casual dining options have become increasingly popular, with consumers seeking out more fashionable casual meal options. Higher health consciousness has fuelled demand for healthier premium food options. Industry revenue is resultingly expected to expand at an annualised 2.4% over the five years through 2022-23, to $7.3 billion. Revenue has jumped by 3.5% in 2022-23 alone, as the government eases COVID-19 restrictions.
Cafes and restaurants mainly serve food and beverages for consumption on the premises. Customers generally order and are served while seated and pay after eating. The industry includes cafes and coffee shops, and licensed, unlicensed and BYO restaurants. Catering services, takeaway food services, theatre restaurants and pubs are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
38 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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