<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.ausfab.org/blogs/economic-impacts/feed" rel="self" type="application/rss+xml"/><title>ausfab.org - Foodservice Blog , Economic Impacts</title><description>ausfab.org - Foodservice Blog , Economic Impacts</description><link>https://www.ausfab.org/blogs/economic-impacts</link><lastBuildDate>Sun, 22 Mar 2026 22:33:06 +1100</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[10 Reasons Why the Foodservice Sector Is Critical to Australia's Economy ]]></title><link>https://www.ausfab.org/blogs/post/10-reasons-why-the-foodservice-sector-is-critical-to-australia-s-economy</link><description><![CDATA[<img align="left" hspace="5" src="https://www.ausfab.org/female-chef-putting-glove-kitchen.jpg"/>CSIRO released a prediction regarding Australian Foodservice Industry's potential to reach $250 billion by 2030 . With an economic contribution of over ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_v6r2Rmz_Sditf1Z0hhWeeQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_U8ZiNFxzRx6X7OPRSt664w" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_5l4tAuDATG2sQOIPnJOpxQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_rWbMTohaRu6hLAu-PQFE2w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><p style="text-align:left;"><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">CSIRO released a prediction regarding Australian Foodservice Industry's potential to reach </span><span style="color:rgb(1, 58, 81);"><a href="https://research.csiro.au/foodag/economy/" title="$250 billion by 2030" target="_blank" rel="">$250 billion by 2030</a></span><span style="color:rgb(45, 11, 28);">. With an economic contribution of over $186 billion of growth in 2018, the significance of Foodservice in Australia's market and economy cannot be understated.&nbsp;</span></span></p><div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);font-size:20px;">While these numbers look incredibly promising, the magnitude of how foodservice can critically impact Australia's economy and how it will affect producers, manufacturers, distribution &amp; hospitality sectors moving forward remains unanswered. In this article, we'll examine why the foodservice sector plays such a crucial role in the Australian economy now more than ever.&nbsp;</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:center;"><img src="/b1.png" style="width:439px !important;height:454.84px !important;max-width:100% !important;"></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:center;"><span style="font-size:20px;color:rgb(45, 11, 28);">Fig.1. Australian Food and Agribusiness – Domestic and Export Opportunity, 2018-2030</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><p><span style="font-size:20px;color:rgb(234, 119, 4);font-weight:bold;">1. A Major Employer Across the Country</span></p></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">Creating enough job opportunities and increasing employment rates are the primary factors leading to economic growth. The foodservice industry is a substantial employer, offering jobs across various skill levels. The foodservice industry is a significant employer, offering jobs across various skill levels. As of 2024, the cafés, restaurants, and takeaway services sector employed approximately </span><span style="color:rgb(1, 58, 81);"><a href="https://www.jobsandskills.gov.au/data/occupation-and-industry-profiles/industries/accommodation-and-food-services" title="689,600 individuals" target="_blank" rel="">689,600 individuals</a></span><span style="color:rgb(45, 11, 28);">, accounting for 72% of the accommodation and food services workforce. It means sustaining the foodservice sector not only supports individuals via employment, but also provides support for our economy.&nbsp;</span></span></div></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><p><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">2. A Multi-Billion Dollar Economic Contributor</span></p></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;color:rgb(45, 11, 28);">Another advantage of higher employment opportunities is that it helps generate a higher Gross Domestic Product (GDP). Seeing as the foodservice sector has one of the largest workforces, the industry has contributed enormously to Australia's GDP, making it an integral component of the country's economic success. Based on a <a href="https://www.ausfab.org/files/AFAB%20SOPR%202024%20Media%20Release%20-%20V2.pdf" title="media release by AFAB" target="_blank" rel="">media release by AFAB</a>, the foodservice industry now accounts for 36.4% of the average household's total food and non-alcohol spending, up from 37.2% in 2019 and 33.3% in 2023. The size of the commercial market is expected to grow 7% in 2025.&nbsp;  </span></div></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">3. A Catalyst for Innovation&nbsp;</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">The foodservice industry thrives on innovation, constantly adapting to consumer trends. From plant-based menus to food delivery apps and ghost kitchens, entrepreneurs are reshaping the dining experience. According to State of Play Report 2024, the total market value for of </span><a href="https://www.ausfab.org/state-of-the-australian-foodservice-industry-report-2023" title="plant-based dairy products in 2022 was over $204 billion dollars" target="_blank" rel="" style="color:rgb(1, 58, 81);">plant-based dairy products in 2022 was over $204 billion dollars</a><span style="color:rgb(45, 11, 28);">. These innovations not only enhance customer satisfaction but also position Australia as a leader in the global foodservice landscape.&nbsp;</span></span></div></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">4. A Magnet for Tourism</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">Apart from high employment rates, the foodservice sector also helps sustain other massive industries that contribute to Australia's economic growth. For instance, the foodservice sector supports tourism by providing visitors and tourists with high-quality and unique dining experiences. Each day, more foreigners are seeking these new culinary experiences and they </span><a href="https://teq.queensland.com/content/dam/teq/corporate/corporate-searchable-assets/industry/strategies/other-strategies/2018_BDB_Culinary_Tourism_Strategy.pdf" title="spend billions each year as they visit Australia" target="_blank" rel="" style="color:rgb(1, 58, 81);">spend billions each year as they visit Australia</a><span style="color:rgb(45, 11, 28);">, creating a higher demand for food and beverage services. This encourages the continued growth of the hospitality sector and it’s all thanks to the quality of our food and beverage culture, cultivated by our foodservice businesses.&nbsp;</span></span></div></div><div style="text-align:left;"><span style="color:rgb(234, 119, 4);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">5. A Hub of Innovation and Entrepreneurship</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">Did you know that the foodservice sector is dominated by small-to-medium-sized enterprises? They make account for </span><a href="https://www.ausbanking.org.au/small-business/#:%7E:text=98% of businesses in Australia%2Cof businesses employing no staff." target="_blank" rel="" style="color:rgb(1, 58, 81);">98% of all business in the country</a><span style="color:rgb(45, 11, 28);">, which is another reason why the foodservice industry is critical to Australia's overall economy. So not only does the sector increase large-scale economic success, but it also supports the livelihood of Australians and promotes thriving local communities at smaller scales too.&nbsp;</span></span></div></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">6. Export Opportunities&nbsp;</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;"><span style="color:rgb(45, 11, 28);">The foodservice industry doesn't just cater to domestic markets—it also plays a vital role in positioning Australian cuisine on the global stage. Exporting Australian wine, premium meats, and specialty ingredients has created international opportunities for producers and strengthened Australia's reputation as a source of high-quality food and beverages. In fact, in 2018, the country's agriculture accounted for around 11% of goods and services trade, 2.2% of added value on the gross domestic product (GDP) and 2.6% of employment. Presently </span><a href="https://www.dfat.gov.au/about-us/publications/trade-investment/trade-at-a-glance/trade-at-a-glance-2015/agriculture-and-food-trade" title="Australia is exporting more agricultural products than it is importing" target="_blank" rel="" style="color:rgb(1, 58, 81);">Australia is exporting more agricultural products than it is importing</a><span style="color:rgb(45, 11, 28);">, with 70% of Australia's agricultural production exported. With global demand for Australian products on the rise, the foodservice sector serves as a gateway to expanding export markets.</span></span></div></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">7. A Boost for Local Producers and Supply Chains</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;color:rgb(45, 11, 28);">By sourcing fresh ingredients locally, foodservice businesses bolster Australia's agricultural sector. This symbiotic relationship strengthens domestic supply chains and ensures a steady demand for high-quality Australian produce. The farm-to-table movement further underscores the sector's role in supporting sustainable and local farming practices.</span></div><div style="text-align:left;"><span style="font-weight:bold;"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">8. Driving Urban Development</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;color:rgb(45, 11, 28);">Restaurants, cafes, and bars act as anchors for urban revitalization and regional development. In cities, they draw foot traffic to shopping districts, while in rural areas, they serve as focal points for tourism and local activities. This sector helps bridge economic disparities by creating hubs of activity across the country.</span></div><div style="text-align:left;"><span style="color:rgb(234, 119, 4);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">9. Social and Cultural Importance&nbsp;</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="font-size:20px;color:rgb(45, 11, 28);">More than economic importance, the foodservice sector is also an integral part of Australia's social culture. Many might not realise just how much of a centrepiece food and beverages are at our social events, celebrations, and gatherings. It serves as a bridge that facilitates social connections and even promotes cultural tradition that, in return, solidifies Australia's community and identity.&nbsp;</span></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><span style="font-size:20px;font-weight:bold;color:rgb(234, 119, 4);">10. Resilience in Challenging Times</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><div><span style="font-size:20px;color:rgb(45, 11, 28);">The foodservice industry has demonstrated remarkable resilience in the face of challenges like the COVID-19 pandemic. While lockdowns devastated traditional dining, many establishments pivoted to online delivery services, takeaway options, and innovative dining solutions such as outdoor seating. A report by news.com.au that shows <a href="https://www.news.com.au/lifestyle/food/eat/online-delivery-services-helping-restaurants-stay-open-in-tough-economic-times/news-story/d9d81075f4560718dca9c2c947e624f8?utm_source=chatgpt.com" title="60,000 small business and 300,000 people are working in this sector" target="_blank" rel="">60,000 small business and 300,000 people are working in this sector</a>. Even now, with rising inflation and supply chain issues, the sector continues to adapt, underscoring its critical role in sustaining the economy.&nbsp;</span></div></div><div style="text-align:left;"><br/></div><div style="text-align:left;"><span style="font-size:20px;color:rgb(45, 11, 28);">The foodservice industry’s significance extends beyond its immediate economic impact. It supports local producers, enhances Australia’s global image, and drives innovation while fostering community connections. That’s why AFAB facilitates a platform for education, connectivity, and leadership to embrace the changing face and capabilities of the foodservice industry.&nbsp;</span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;"><span style="color:rgb(45, 11, 28);font-size:20px;">Become a member of AFAB and stay updated with relevant content or attend upcoming events to further boost your knowledge about the industry.&nbsp;</span></div><div style="text-align:left;"><span style="font-size:20px;color:rgb(45, 11, 28);"><br/></span></div><div style="text-align:left;color:inherit;"><br/></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Thu, 12 Dec 2024 11:50:14 +1100</pubDate></item><item><title><![CDATA[Why Should You Invest in Foodservice]]></title><link>https://www.ausfab.org/blogs/post/Why-Should-You-Invest-in-Foodservice</link><description><![CDATA[<img align="left" hspace="5" src="https://www.ausfab.org/father-son-walking-through-their-food-factory-sterile-clothes-taking-notes-about-food-quality-l.jpg"/>&nbsp; The F&amp;B industry's Foodservice segment accounts for 1/3 of consumer spending and is on a steady rise in Australia, presenting a compelling ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_aJhRUFydR5W2QB30tJoQcg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_0lzX_d3HRbODzUHoWwkTxA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_3Y7eFkWsSRmDIek5X2BxhA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_FtfxBwLDSI6gykO3Q2ePeQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_FtfxBwLDSI6gykO3Q2ePeQ"].zpelem-heading { border-radius:1px; } </style><h2
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<div data-element-id="elm_lVgGYWfhQvmqRQok14QxZw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_lVgGYWfhQvmqRQok14QxZw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center " data-editor="true"><div style="line-height:1.5;"><div style="color:inherit;"><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">The F&amp;B industry's Foodservice segment accounts for 1/3 of consumer spending and is on a steady rise in Australia, presenting a compelling investment opportunity. With an $18.9 billion wholesale value and employing 1.8 million Australians, this industry is projected to sustain growth over the next decade. Despite this, some manufacturers hesitate to invest. This article explores reasons to dispel doubts and highlights the benefits of entering the thriving foodservice sector.</p><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">Expanding Markets and Changing Consumer Preferences</p><p style="text-align:left;"><br></p><p style="text-align:left;">The foodservice industry is experiencing global growth, with forecasts predicting a 5% increase in the institutional market and a 12% growth in the commercial market in the upcoming financial year. Factors such as diverse dining preferences, convenience, sustainability, and healthier options drive this growth. As a foodservice manufacturer, investing in this sector allows access to a broad customer base, including restaurants, cafes, catering services, and hotels.</p><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">Technological Advancements and Efficiency Gains</p><p style="text-align:left;"><br></p><p style="text-align:left;">Embracing technological advancements has become pivotal in the foodservice industry's evolution. From AI-driven agriculture practices to the adoption of digital technologies like automated order processing and cloud-based inventory management, efficiency gains are substantial. Manufacturers can leverage these innovations for data-driven decision-making, reducing costs, minimizing waste, and optimizing operations for increased profitability.</p><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">Long-Term Profitability and Sustainability</p><p style="text-align:left;"><br></p><p style="text-align:left;">The foodservice industry offers a rare opportunity for long-term profitability, supported by consistent growth. Government commitments to sustainability initiatives, including a $340.4 million investment, present manufacturers with stable revenue streams and partnerships. Mandatory packaging rules, waste collection harmonization, and recycled content traceability align the industry with international best practices, fostering sustainability and growth.</p><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">Collaborative Innovation and Brand Recognition</p><p style="text-align:left;"><br></p><p style="text-align:left;">The foodservice industry thrives on collaboration and innovation. Investing in this sector allows manufacturers to actively engage with chefs, foodservice providers, and industry experts, fostering partnerships that drive innovation. This collaborative approach enhances brand recognition and market positioning, as recommendations from chefs and establishments elevate visibility and credibility.</p><p style="text-align:left;">&nbsp;</p><p style="text-align:left;">Conclusion</p><p style="text-align:left;"><br></p><p style="text-align:left;">Investing in the foodservice industry offers tremendous potential for producers and manufacturers. The sector's expanding market, evolving consumer preferences, technological advancements, long-term profitability, and collaborative innovation make it an attractive proposition. By aligning production processes with changing consumer demands, embracing technology, focusing on sustainability, and nurturing partnerships, businesses can position themselves as leading players in the dynamic world of foodservice. Seizing this opportunity today can unlock immense growth potential. Stay updated on trends and insights by becoming a member of the Australian Foodservice Advocacy Body (AFAB).</p></div></div>
</div></div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 05 Dec 2023 12:47:35 +1100</pubDate></item><item><title><![CDATA[Top 5 Trends in Australian Foodservice]]></title><link>https://www.ausfab.org/blogs/post/top-5-trends-in-australian-foodservice</link><description><![CDATA[<img align="left" hspace="5" src="https://www.ausfab.org/Clover Marketing_AFAB_Social Media Post-June_1080x1080_Post_10.jpg"/>Foodservice is one of the fastest-growing industries in Australia. Years after the pandemic, the industry has evolved rapidly with many new trends eme ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_mGpXoGypSvy7x9-pct2-vA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_0nAPBDa_Rfq530DHboJw_A" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_ccy_sFfORTGNavCSKIJUvA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_ccy_sFfORTGNavCSKIJUvA"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_nqppMEDSQ62tHC0gDJRfyw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_nqppMEDSQ62tHC0gDJRfyw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Foodservice is one of the fastest-growing industries in Australia. Years after the pandemic, the industry has evolved rapidly with many new trends emerging along with its growth.<br><br></span></p><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Foodservice providers need to understand these trends to better provide consumers with what they need and want as their tastes evolve. Below we've listed the top five trends in Australian foodservice you can leverage to better meet what your consumers seek.</span></p><p><span style="color:inherit;"><span><br></span></span></p><h2><span style="font-size:13pt;">Emphasis on Sustainability</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Many Australian diners are becoming more conscious of packaging and resource waste, thus demanding foodservice businesses to have a more sustainable alternative. A company's adherence to sustainable practices is becoming one of the deciding factors for consumers when choosing what to eat and where to dine. A </span><a href="https://www.consultancy.com.au/news/5751/consumers-embracing-sustainability-in-living-and-spending-habits#:%7E:text=Australian%20consumers%20are%20increasingly%20willing%2Cethical%20and%20environmentally%20friendly%20goods."><span style="font-size:11pt;">survey</span></a><span style="font-size:11pt;"> conducted among 3,000 consumers around the world showed that Australian consumers are willing to turn their backs on unsustainable businesses. Hence, ethical movements like </span><a href="https://www.agriculture.gov.au/sites/default/files/documents/national-food-waste-strategy.pdf"><span style="font-size:11pt;">cutting down on food waste</span></a><span style="font-size:11pt;"> through upcycling, growing food onsite, and sourcing food locally can ultimately help companies win their consumers over.</span></p><p><span style="color:inherit;"><span><br></span></span></p><h2><span style="font-size:13pt;">Growing Demand for Plant-Based Food</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Australians are among the many people who have been adopting healthier dietary habits and plant-based eating. In fact, </span><a href="https://www.foodfrontier.org/resource/australias-plant-based-meat-industry-surges-in-fy20/"><span style="font-size:11pt;">research shows</span></a><span style="font-size:11pt;"> that despite the devastating effects Covid has had on the food industry, retail sales of plant-based food skyrocketed a staggering 46% in FY20 with the number of new jobs created reaching a stunning 106% growth, and seeing manufacturing revenues rise from $35 million to $70 million in the developing sector.</span></p><p style="margin-bottom:8pt;"><span style="font-size:11pt;">As demand for plant-based options and meat alternatives grows, restaurants are expected to grow their vegan options beyond tofu and soybeans to cater for these dietary requirements.</span></p><p><span style="color:inherit;"><span><br></span></span></p><h2><span style="font-size:13pt;">Consumers Seeking a New Experience</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">The hospitality industry is a competitive market. Naturally, foodservice businesses will look for ways to set themselves apart, leading to the rise of </span><a href="https://chirealestate.ca/what-is-experiential-dining-and-is-it-the-new-thing-for-consumers/"><span style="font-size:11pt;">experiential dining</span></a><span style="font-size:11pt;">. What started as a trend in Australian foodservice has now become a bigger and more permanent concept. Restaurant goers are now seeking new and different experiences, which means we can only expect more adventurous and unique dining venues to emerge in the industry.<br><br></span></p><h2><span style="font-size:13pt;">Need for Transparency</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Following COVID-19, health and safety has become everyone's biggest concern. Consumers are paying closer attention to their product purchases and require more information about where their products come from. According to new </span><a href="https://www.c-store.com.au/research-reveals-australians-want-know-food-origin/#:%7E:text=The%20survey%20found%2071%20per%2Cto%20know%20where%20it%20originated."><span style="font-size:11pt;">research</span></a><span style="font-size:11pt;">, 93% of Australians prefer to see a clear label of where their food was sourced. While it may sound bothersome, this trend in Australian foodservice is actually an opportunity for foodservice companies. Providing consumers with the transparency they seek establishes trust and highlights what value your business offers, creating a strong point of difference from other, less proactive businesses.</span></p><p><span style="color:inherit;"><span><br></span></span></p><h2><span style="font-size:13pt;">The role of Technology</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">Incorporating technology in the hospitality industry may have initially been a response to the pandemic, but this trend is here to stay. These changes dramatically improved restaurant operations and resulted in an easier and more convenient consumer experience. Some foodservice technologies that are expected to continue include: QR code systems, online ordering, and kitchen display systems.</span></p><p><span style="color:inherit;"><span><br></span></span></p><h2><span style="font-size:13pt;">Key Takeaways</span></h2><p style="margin-bottom:8pt;"><span style="font-size:11pt;">These trends in Australian foodservice show how consumers' preferences have changed over time. At present, they prefer companies that offer sustainability, plant-based options, and new experiences while maintaining transparency and providing a sense of convenience. We are expecting these trends to continue for 2023 and beyond.</span></p><p style="margin-bottom:8pt;"><span style="font-size:11pt;">AFAB has always had its finger on the pulse of emerging trends and found ways to maximise their benefits for consumers, business owners and employees through advocacy. Make sure you’re keeping up with all the latest changes in the foodservice industry by reading our news feed, so you too can be up to date on how you are being advocated for and represented as the landscape continues to change.</span></p><p><span style="color:inherit;"></span></p><div><span style="font-size:11pt;"><br></span></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Thu, 06 Jul 2023 09:29:19 +1000</pubDate></item><item><title><![CDATA[Jobkeeper]]></title><link>https://www.ausfab.org/blogs/post/Impact-of-the-end-of-Jobkeeper-on-Foodservice</link><description><![CDATA[<img align="left" hspace="5" src="https://www.ausfab.org/files/images/Jobkeeper.jfif"/>What impact is the end of the Jobkeeper subsidy having on your business?]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_WbazByScTVi4uhJrx6rLmw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_7hvjjYN6RZuBqyT9A-WW4Q" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_fCh-NnO-QZuXXT717Pn-Pg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_9b_PsqTeQxy-D3Wpm8hVfA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_9b_PsqTeQxy-D3Wpm8hVfA"].zpelem-heading { border-radius:1px; } </style><h2
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 10 Mar 2021 14:27:02 +1100</pubDate></item></channel></rss>