the future of food in australia
TRANSCRIPT
FUTURE OF FOOD IN AUSTRALIA: CHANGING LIFESTYLES FUNDAMENTALLY CHANGE EATING HABITS QSR Media Detpak ConferenceJuly, 2016
© Euromonitor International
2
Naturally Healthy ranked highest in Health & Wellness… NaturallyINDUSTRY HIGHLIGHTS
A$5.3
billion
2%value growth
33%of total Health & Wellness in 2015
retail sales in 2015
0
1,000
2,000
3,000
4,000
5,000
6,000
Health & Wellness by Category Australia 2015
A$
mill
ion
rsp
Source: Euromonitor International Passport Health & Wellness Database
© Euromonitor International
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Food Intolerance the highest growth
8% CAGR (2015-2020)
A$808Bette
r For Y
ou
Food Intolerance
Fortifie
d/Functional
Naturally Health
y
Organic0
1000
2000
3000
4000
5000
6000
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Health & Wellness by Category 2015 & Growth 2015-2020
Ret
ail S
ales
Val
ue (
A$)
201
5
% G
row
th 2
010-
2020
Food Intolerance in Health & Wellness is on the RiseINDUSTRY HIGHLIGHTS
Source: Euromonitor International Passport Health & Wellness Database
mn
© Euromonitor International
4
0
1,000
2,000
3,000
4,000
5,000
6,000
-10%
0%
10%
20%
30%
40%
50%
60%
Fast Food Category Growth Performance in Australia 2014 vs 2015
Retail Value Sales 2015 A$ mn % Growth 2014 % Growth 2015
A$
mill
ion
rsp
% V
alue
Gro
wth
Demand for Healthy Eating Drives Growth in Fast Food in 2015INDUSTRY HIGHLIGHTS
Source: Euromonitor International Passport Consumer Foodservice Database
© Euromonitor International
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Eggs
Fish
and Seafood
Fru
its
Meat
Nuts
Pulse
s
Starc
hy Roots
Sugar a
nd Sweeteners
Vegetables
0
500
1,000
1,500
2,000
2,500
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5Fresh Food Volume Growth by Category in Australia 2015-2020
2015 2020 2015-20 CAGR %
A$
mill
ion
% C
AG
R 2
015-
2020
Healthy Eating: Where is Protein Headed?INDUSTRY HIGHLIGHTS
Variety rules: Plant-based proteins will be important in the future
Source: Euromonitor International Passport Fresh Food Database
© Euromonitor International
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Non-conventio
nal formats
Fast Food responds
Pop-up restaurants: Fervour
New concepts
: In-N-Out
Burger
Demand for Gastronomic Experiences Grows in AustraliaINDUSTRY HIGHLIGHTS
Source: weekendnotes.com
Source: news.com.au
Chains could benefit from experimenting with new concepts in both cost- effective and creative ways.
© Euromonitor International
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Restaurant Delivery and the Future of Home DeliveryINDUSTRY HIGHLIGHTS
Convenience Restaurant-quality food
Variety
A$728m(100% Home Delivery/Takeaway, foodservice value
absolute growth 2015-2020)
Source: gizmodo.com.auSource: afr.com.au
Source: The Australian
Source: Euromonitor International Passport Consumer Foodservice Database
Foodora UberEatsDeliveroo
THANK YOU FOR LISTENINGLily Lam Consulting, Business [email protected]