Franchises appear to be spearheading growth in the food industry, according to a new report, which shows café chains grew by 5.2% in 2011 while independent cafés declined.

 

The report, titled Australian Foodservice Market 2012, was produced by BIS Foodservice, a business unit of industry research provider BIS Shrapnel.

 

The report reveals that in the 12 months prior to June, the number of food service outlets in Australia declined by 1%, driven largely online casino by a 1.1% decline in commercial outlets.

 

Café chains grew by 5.2% in 2011, while independent cafés, and bakeries with cafés, declined. Fast food chains also grew in 2011, by 3.8%.

 

The above was published in an article by Michelle Hammond on Tuesday, 17 July 2012. The full article can be found in its entirety at http://www.startupsmart.com.au/strategy/food-chains-soar-as-independents-fall-out-of-favour/201207176952.html?utm_source=StartupSmart&utm_campaign=5eccb00427-Wednesday_18_ July_2012&utm_medium=email

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