Australia: Food Service - Hotel Restaurant Institutional Annual

  |   Attaché Report (GAIN)   |   AS2024-0027
In 2023, Australia's foodservice industry was worth A$59 billion (US$39.1 billion). However, rising inflation and the overall cost of living have hindered its growth in 2023 and 2024. While delivery services have leveled off, consumer focus on sustainability and social responsibility is increasing. As the Australian economy stabilizes, the industry's future looks promising.

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