Event Catering Services in Australia - IBISWorld Industry Market Research

Event Catering Services in Australia

Event Catering Services in Australia - IBISWorld Industry Market Research
Event Catering Services in Australia
Published Oct 17, 2014
25 pages — Published Oct 17, 2014
Price US$ 910.00  |  Buy this Report Now

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Abstract:

A hunger for gourmet catering has driven industry revenue upwards over the past five years. The Event Catering Services industry benefited significantly as consumers demanded premium-quality food from operators. This trend towards premiumisation in catering has pushed prices upwards, with most consumers happy to pay premium prices for on-trend food. As a result, industry revenue is forecast to grow at an annualised 3.2% over the five years through 2014-15. This strong performance includes a 3.1% rise in 2014-15, with revenue to reach $520.8 million. Profitability has increased over the past five years, as operators passed on increasing input costs and sought to limit wages.

This industry consists of firms that provide event catering services. This excludes food prepared for resale or day-to-day catering.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD5503
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Event Catering Services in Australia" Oct 17, 2014. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Event-Catering-Services-in-Australia-2042-5556>
  
APA:
IBISWorld Industry Market Research. (2014). Event Catering Services in Australia Oct 17, 2014. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Event-Catering-Services-in-Australia-2042-5556>
  
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