£23.1 Billion UK Takeaway & Fast-Food Restaurants Industry Report, 2024 - Consumers' Rising Desire for Organic and Meat-Free Menu Items Presents Opportunities for Market Players [Yahoo! Fi...
DOMINOS PIZZA U&I UNS/ADR (DPUKY)
NASDAQ:AMEX Investor Relations:
dominos.co.uk
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Source: Yahoo! Finance
Busy on-the-go diners are maintaining healthy sales among takeaway and fast-food operators. Britons' growing health and sustainability awareness presents an opportunity for takeaway and fast-food businesses to introduce more expensive organic and meat-free menu items, particularly given fast food's negative reputation. Revenue is expected to contract at a compound annual rate of 0.8% over the five years through 2024-25 to £23.1 billion, including forecast growth of 2.1% in 2024-25. Trends and Insights A rising number of fast-food businesses are introducing meat-free items. In response to British consumers' growing environmental and health awareness, operators are placing growing importance on meat-free options. The number of fast-food restaurants is rising. Despite constraining factors like rising health consciousness and COVID-19, strong expansion targets by major fast-food chains (combined with growing online demand) is driving fast-food sales. London has the highest percen
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