Taking flight: Chicken shop revenue is growing as consumers flock to food delivery platforms
The Takeaway Chicken Shops industry has expanded, with many franchise chains enjoying mounting sales during the pandemic. During the initial stages of the pandemic in 2019-20, quarantine measures plunged foot traffic for takeaway chicken shops, which caused a dip in sales. But periods of government-imposed lockdowns boosted the uptake of food delivery platforms, which has driven sales, particularly for larger chains like KFC. The expansion of larger players' store networks has also supported industry growth. But growth in recent years has been curtailed by the rising demand for eating out at cafes and restaurants instead of takeaway joints as COVID-19 restrictions have eased. Overall, industry revenue has risen at an annualised 1.0% over the past five years and is expected to total $4.6 billion in 2022-23, when revenue jumps by an estimated 2.5%.
Industry players primarily sell chicken and chicken-based foods for on-premises consumption and takeaway.
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
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Yum! Restaurants Australia Pty Limited
- Craveable Brands Pty Ltd
- Collins Foods Limited
- Nando's Australia Pty Ltd
Methodology
LOADING...