Market Research Report for Restaurants and Takeaway in UK

The industry is expected for expansion because of the growth in mobile ordering.

The business has performed relatively well in the past 5 years. The consumer preference for cheaper, on-the-go food has persisted despite the improving consumer backdrop of the past 5 years. Takeaway operators have additionally reacted to higher levels of consumer expenditure by introducing higher quality food, using organic products. What is more, some firms have responded to consumer demand for low-fat, low-sugar and low-salt meal choices by adding healthier choices to their menus. Mobile and on-line technologies have had a substantial influence on the industry's development and plenty of operators currently providing online ordering and delivery services.

Industry Threats & Opportunities

• The industry is predicted to grow despite competition from supermarket ready meals
• Firms providing foods high in fat, sugar and salt are broken by the trend towards healthy eating
• The government is probably going to increase regulation because it tries to manage the growing obesity problem

Industry Report - beginning a replacement Business Chapter

The barriers to entry for the industry are comparatively low. The main issue faced by prospective operators is securing the capital investment needed to buy or establish new store. Capital prices are often high relative to fitting out the shop; installing a commercial kitchen which is the costliest task for any operator. However, leasing of both shops and equipment will considerably lower initial capital outlay costs. Operators committed with major franchise businesses are required to pay royalty fees of up to 8% of annual revenue, together with an extra advertising levy of between 1% and 4% of revenue. There is also significant dominance of players within the franchised fast-food section, with major players estimated to account for a major share of total industry revenue.

Additional Insights for the Takeaway & Fast-Food Restaurants business

There are 250 Key Success Factors for a business. The most necessary for the Takeaway& Fast-Food Restaurants industry are

• Ability to attract local support/patronage
• Access to multiskilled and flexible workforce
• Proximity to key markets

Analysts additionally discuss how external factors like Real household disposable income and Average weekly hours of work within the Takeaway & Fast-Food Restaurants industry impact industry performance.