Fish and Chip Shops in Australia - Market Research Report (2014-2029)

Caught Short: COVID-19 Restrictions Have Chipped Away at Industry Revenue and Left Operators Reeling

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.

Operators in the Fish and Chip Shops industry have struggled with weaker demand conditions over the past five years, with the COVID-19 outbreak and subsequent lockdown periods disrupting sales from passing foot traffic. Consumers have access to an increasing range of takeaway options, with traditional takeaway establishments, such as fish and chip shops, losing market share to alternative fast food meal options, such as burger franchises and other takeaway operators. Rising health consciousness in Australia has also discouraged some consumers from purchasing traditional fish and chips due to its high fat content and deep-fried cooking preparation. As a result, industry revenue is expected to decrease at an annualised 2.0% over the five years through 2022-23, to $1.8 billion. This includes anticipated revenue decline of 4.5% in the current year, as a drop in consumer sentiment weakens discretionary spending.

Industry companies primarily supply fish and chips for immediate consumption. Customers order or select food items and pay prior to eating. Food is usually provided in takeaway containers or packaging, and is either consumed on the premises in limited seating facilities, taken away by the customer or delivered to the purchaser’s address.