Increasing appetite: Growing accessibility, incomes and convenience support demand

The Restaurants and Takeaways industry has performed well over the past five years, as improving economic conditions have driven appetites for dining out and ordering in. Rising consumer confidence and disposable incomes have increased consumer spending power, while falling unemployment rates and longer working hours have boosted demand for quick and convenient food. The growth of online ordering platforms has encouraged time-poor consumers to embrace takeaways meals and broadened their tastes into new cuisines like Thai and Indonesian. Strong demand for restaurants and takeaways has driven industry growth, with turnover expected to grow at a compound annual rate of 5.3% over the five years through more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Revenue has increased over the past five years, but a growing shortage of quality chefs has limited growth
  • Online ordering sites have increased demand for operators, but commission fees are significant
  • An increase in VAT rates for the hospitality sector could disproportionately affect operators in rural areas
  • Industry Report - Industry Products Chapter

    Full-service restaurantsFull-service restaurants offer table service to customers. Restaurants serve a broad range of cuisines, from traditional Irish to Asian and American. Both licensed and unlicensed establishments are included in this segment but pubs are not. The majority of operators are small, single-establishment businesses, with no major players dominating the segment. Full-service restaurants have performed well over the past five years as strengthening economic conditions have supported demand for eating out. Overall, these restaurants are estimated to account for 53.7% of industry revenue.Fast-food restaurantsFast-food restaurants are estimated to account for 25.8% of industry revenue in 2018. Pre...purchase to read more.

    Additional Insights for the Restaurants and Takeaways Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Restaurants and Takeaways Industry are

  • Access to multiskilled and flexible workforce
  • Having a loyal customer base
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Average Weekly Hours of Work and Modified real disposable income per capita in the Restaurants and Takeaways industry impact industry performance..

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    What's in this report

    What is the Restaurants and Takeaways in Ireland Industry?

    Industry firms provide food for consumption on or off the premises. Included in this industry are full-service restaurants, fast-food restaurants and establishments selling prepared takeaway meals. Cafes selling cold snacks, and pubs are excluded from the industry.

    Industry Products
  • Full-service restaurants
  • Fast-food restaurants
  • Takeaway restaurants
  • Mobile food stands
  • Industry Activities
  • Serving food
  • Serving alcoholic beverages
  • Serving non-alcoholic beverages
  • Delivering takeaway orders
  • Hosting private functions
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Average Weekly Hours of Work
  • Modified real disposable income per capita
  • Consumer sentiment index
  • Consumer price index for food and non-alcoholic beverages

  • Current Performance
    Demand and supplyNew appetitesIndustry expenses
  • Chart: Revenue Growth

  • Industry Outlook
    VAT ratesFood for thought
  • Table: Restaurants and Takeaways Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Restaurants and Takeaways Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in Ireland

  • Key Selling Industries
  • Bakeries in Ireland
  • Dry-Cleaning & Other Cleaning Services in Ireland
  • Food, Beverage & Tobacco Wholesaling in Ireland

  • Products & Services
  • Full-service restaurants
  • Fast-food restaurants
  • Takeaway restaurants
  • Mobile food stands
  • Chart: Restaurants and Takeaways Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Fifth income quintile
  • Fourth income quintile
  • Third income quintile
  • Second income quintile
  • First income quintile
  • Chart: Major Market Segmentation for the Restaurants and Takeaways Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent and utilities
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Restaurants and Takeaways

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Restaurants and Takeaways Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Restaurants and Takeaways Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Restaurants and Takeaways Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A business that pays a franchisor a fee in order to use that firm's trademarks and business system and sell its products or services.
  • Licensed
  • A licensed restaurant is allowed to sell alcohol for consumption on the premises. Takeaway alcohol sales are prohibited.
  • Sit-Down Meals
  • Meals that are ordered with a waiter who serves the table.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Restaurants and Takeaways in Ireland market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Restaurants and Takeaways in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Restaurants and Takeaways in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Restaurants and Takeaways in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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