New Zealand Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2028
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New Zealand Foodservice Market Report Overview
The New Zealand foodservice profit sector recorded sales of NZD14.3 billion ($8.8 billion) in 2023 and is forecast to record a CAGR of over 5% during 2023-2028. Factors such as an increase in the number of transactions and rise in consumer demand for takeouts drive the New Zealand foodservice profit sector.
New Zealand Foodservice Profit Sector Outlook , 2023-2028 (NZD Billion)
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The New Zealand foodservice market research report provides an in-depth evaluation of the foodservice market in the country, including an analysis of the key issues impacting the market, and the opportunities this presents for the sector participants. The report also includes data and forecast of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the New Zealand foodservice market and gives an overview of market leaders within the four major channels.
Market Size (2023) | NZD14.3 billion ($8.8 billion) |
CAGR (2023-2028) | >5% |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Key Profit Sector Channels | · FSR
· QSR · Pub, Club & Bar · Leisure · Accommodation |
Key Outlet Type | · Dine-in
· Takeout |
Key Owner Type | · Independent Operators
· Chain Operators |
Key Cost Sector Channels | · Education
· Healthcare · Military & Civil Defense · Welfare & Services · Complimentary Services |
Key Companies | · Yum! Brands
· McDonald’s · Lone Star Café and Bar Franchise Limited · Starbucks Corporation · Columbus Coffee |
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New Zealand Foodservice Market Trends
Trustworthiness and familiarity: The familiar dishes and the quality of the services will draw more consumers toward established chains than independent operators.
Revival of the market: The fast recovery of New Zealand’s economy will support foodservice market growth.
Social responsibility: Consumers prioritize socially conscious operators who demonstrate a genuine commitment to making a positive social impact.
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New Zealand Foodservice Market Segmentation by Profit Sector Channels
The FSR was the largest profit sector channel in 2023 by value sales.
The key profit sector channels in the New Zealand foodservice market are FSR; QSR; pub, club, & bar; leisure; and accommodation among others. The FSR was the leading profit sector channel in 2023. Factors such as the quick recovery of both tourism and the economy from the COVID-19 pandemic increased demand in the channel, leading to sales growth.
New Zealand Foodservice Market Analysis by Profit Sector Channels, 2023 (%)
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New Zealand Foodservice Market Segmentation by Cost Sector Channels
The key cost sector channels in the New Zealand foodservice market are military & civil defense, healthcare, education, welfare & services, and complimentary services. In 2023, Education was the largest cost sector, followed by healthcare.
New Zealand Foodservice Market Analysis by Cost Sector Channels, 2023 (%)
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New Zealand Foodservice Market – Competitive Landscape
Yum! Brands was the largest FSR operator in the country.
A few of the foodservice companies in New Zealand are:
- Yum! Brands
- McDonald’s
- Lone Star Café and Bar Franchise Limited
- Starbucks Corporation
- Columbus Coffee
New Zealand Foodservice Market Analysis by Competitors
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New Zealand Foodservice Market – Latest Developments
- In February 2023, KFC introduced an exclusive merchandise collection in New Zealand. The entire funds raised from this initiative went to Surf Life Saving NZ to support the surf lifeguards.
- In November 2022, Subway launched the new “Cookiemas” campaign, with the aim of creating a brand connection for its cookie. The campaign encouraged cookie-gifting to lonely consumers during Christmas.
Segments Covered in the Report
New Zealand Foodservice Market Outlook by Profit Sector Channel (Value, NZD Billion, 2018-2028)
- Full-service Restaurants (FSR)
- Quick Service Restaurant (QSR)
- Pub, Club & Bar
- Leisure
- Accommodation
New Zealand Foodservice Market Outlook by Cost Sector Channels (Value, NZD Billion, 2018-2028)
- Military & Civil Defense
- Healthcare
- Education
- Welfare & Services
- Complimentary Services
Scope
The report includes:
- Overview of New Zealand’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the New Zealand foodservice market, including GDP per capita, consumer price index, population growth, and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the New Zealand foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: Identify the most important demographic groups, buying habits, and motivating factors that drive out-of-home meal occasions among segments of the New Zealand population.
- Key players: Overview of market leaders within the four major channels, including business descriptions and number of outlets.
Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2023–28) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, and coffee & tea shop) will allow readers understand the wants and needs of their target demographics.
McDonald's Corporation
Domino's Pizza
Roark Capital Group
Restaurant Brands International
Lone Star Café and Bar Franchise Limited
Joe's Garage
Starbucks Corporation
Columbus Coffee
Minor International
Robert Harris
Foodco Group
Joylab
Little India
Table of Contents
Frequently asked questions
-
What was the New Zealand profit sector market size in 2023?
The New Zealand profit sector market size was NZD14.3 billion ($8.8 billion) in 2023.
-
What will the New Zealand profit sector growth rate be during the forecast period?
The profit sector in New Zealand will grow at a CAGR of over 5% during 2023-2028.
-
Which was the leading profit sector channel in the New Zealand foodservice market in 2023?
FSR accounted for the highest market share of the New Zealand foodservice market in 2023.
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What cost sector channel had the highest share in the New Zealand foodservice market in 2023?
The education sector had the highest share in the New Zealand foodservice market in 2023.
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