Annual revenue of cafés, restaurants, and takeaway food services Australia 2004-2023
In 2023, the annual revenue of cafés, restaurants, and takeaway food services in Australia amounted to just shy of 64 billion Australian dollars, marking a new record within the given period. Between 2004 and 2019, the cafés, restaurants, and takeaway food services revenue in the country had been growing year-on-year with minor fluctuations until 2020, which was the first year during this period to show a significant negative growth.
The price of convenience
The number of cafés and restaurants operating in Australia has generally increased in recent years. Australians spend an average of 183 Australian dollars at hotels, cafés, and restaurants each week, coming in behind basics like housing, food, and insurance expenses. Takeaway food is also popular in the country, with well-known delivery services like Uber Eats and Menulog taking the most online food delivery bookings in 2024.
Australia’s coffee culture
Australians are coffee aficionados, whether it be homebrew, a coffee to-go, or a coffee catch-up at their favorite café. Around three-quarters of Australian adults enjoy at least one cup of coffee a day, and almost one in two Australian households owns a coffee machine. Many countries have their own take on how to make the popular caffeinated beverage, and the flat white is a popular type of coffee with its origins Down Under. While Australia and New Zealand have not yet managed to settle the dispute on where the beverage originates, the flat white remains a staple on café menus across the country and is gaining traction in metropolitan cities around the world.