StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

SWOT Analysis of the Fast Food Industry in the UK - Essay Example

Cite this document
Summary
Usually it is referred to food sold over the counter in restaurants or stores. This food is packaged thus, it is easy to take away and eat it on the go. The first time the term fast food was recognized…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
SWOT Analysis of the Fast Food Industry in the UK
Read Text Preview

Extract of sample "SWOT Analysis of the Fast Food Industry in the UK"

Download file to see previous pages

The difference between fast food items and casual restaurants is blurred by many people over the time. Fast food has existed in the UK, since the Roman times. Here fast food is considered as meat pies and anything which is fried or battered. The number of fast food restaurants has increased during the past few years and has 25 per cent of fast food restaurants in the world. Fast food recipes have been adopted from other cultures, such as Pizzas, Noodles and Kebabs. (Fast Food Factsheet) A major strength for this industry is the growing market.

There are a lot of aspects of the market which can be covered and not many people have ventured into these markets. Also, once a customer is hooked onto fast food, not many other types of food taste good to him. He keeps coming back, thus brand loyalty is high in the fast food industry. The variety of fast food available makes this industry more attractive to the owners and the consumers. Eating out is not only about having food anymore, it is getting to know about other cultures and mixing around.

An individual can not possibly cook so many cuisines; the concept of fast food makes it possible for everyone to try something new. The prices are also not very high, which enables people from all backgrounds to be able to enjoy this food. Globalization has enable restaurant owners to diversify themselves by providing different types of food to individuals. For example; people are more willing to eat raw fish today than they were twenty years ago. (Stage Model Research) The market for food is very recession proof because of the need to eat on a daily basis and the relatively lower costs just add more to this situation.

Since fast food is not perceived as a luxury item, people are more willing to spend on it and will not think twice about it. (Food & Coffee Franchises) One of the major weaknesses for this industry is that obesity has become a growing problem for the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“SWOT Analysis of the Fast Food Industry in the UK Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1545145-swot-analysis-of-the-fast-food-industry-in-the-uk
(SWOT Analysis of the Fast Food Industry in the UK Essay)
https://studentshare.org/miscellaneous/1545145-swot-analysis-of-the-fast-food-industry-in-the-uk.
“SWOT Analysis of the Fast Food Industry in the UK Essay”, n.d. https://studentshare.org/miscellaneous/1545145-swot-analysis-of-the-fast-food-industry-in-the-uk.
  • Cited: 1 times

CHECK THESE SAMPLES OF SWOT Analysis of the Fast Food Industry in the UK

Market Analysis of the Newspaper Industry

Despite the move by politicians to regulate the industry, the future of the newspaper industry in the country remains bright....  This study "Market analysis of the Newspaper Industry" discusses political, economic, sociological, technological analysis for the British newspaper industry.... The analysis will help the company have a good understanding of the British newspaper industry in light of the politics at play, economic situation, socio-cultural, technological and environmental issues involved....
9 Pages (2250 words) Case Study

Corporate Performace of McDonalds Corporation

McDonald's Corporation was also analyzed under the lens of swot analysis, BCG Matrix and Porter's Competitive Forces.... Our founder, Ray Kroc, coined the phrase "grinding it out" to characterize the determination and attention to detail that is required to be successful in our industry....
26 Pages (6500 words) Coursework

Food Retail Industry in the UK

The paper 'Food Retail industry in the uk' presents a store at a place called Holborn in the British Capital.... There were allegations in the uk about the retailers who were fixing prices.... (Sir Henry 2007 page 23) The current economic turmoil being faced in the uk has made the Government take some political measure which is not going on well the Sainsbury.... The prices of their share at the London stock exchange have fallen down due to the inflation being faced not only in the uk but in the whole world....
10 Pages (2500 words) Term Paper

SWOT Analysis for EasyJet

The swot analysis of a company examines the strengths, weaknesses, opportunities and threats faced by the company.... WOT Analysis of EasyJetThe swot analysis of a company examines the strengths, weaknesses, opportunities and threats faced by the company.... The airline industry is clearly divided in the recent past into two distinct categories – the full-service large airlines that fly the hub and spoke network and power international travel....
8 Pages (2000 words) Case Study

The Food (Grocery) Industry

The food industry has become the core business venture of many supermarkets and expenditure on food stuff in the uk; this growth has been constant since 1990.... Analysts have ascertained that the food industry could be the only business that is recessive proof.... As a management consultant, I will help the United Kingdom's grocery industry to asses its current competitiveness and its macro environmental position so as to be able to assist in making decision about the possible strategies to be applied in future A lot of businesses are venturing in uk grocery industry, in the year 2001, the number of groceries was very high and their operative average value was estimated to be Around 103....
9 Pages (2250 words) Essay

Competitive Forces and SWOT Analysis

Moreover, fast foods were tastier than the organic foods which helped the fast food industry to grow immensely.... But along with the fast food industry, the health problems also began to grow heavily.... Whole Foods Market aims to catch the number one spot not only in organic food industry but even in general food industry where the Whole Foods Market stores operate.... Artificial foods like the fast foods always contain harmful ingredients to the health....
9 Pages (2250 words) Essay

Current and Future Trends in UK Hospitality Industry

Moreover, the report establishes link between hospitality sector and other sectors of the uk economy like travel, tourism and leisure.... The hospitality industry in UK is the fifth largest industry and… It employs over 7% of the working population of United Kingdom engaging them in different 80 types of services in the sector.... The hospitality industry plays a crucial role in the economic and social development across uk. In this ort about the Hospitality and Hotel Industry of the United Kingdom we will discuss the position of the hotel industry today, and how it has emerged from a depression....
14 Pages (3500 words) Coursework

SWOT and PEST Tools - Usefulness and Limitations

To illustrate, this evaluation matrix can aid Tesco to be informed of the fierce competition in the uk grocery market, and hence to take immediate strategic measures to address this unfavorable situation (Undercurrent News, 2014).... In the case of Tesco, lack of geographic diversification appears to be potential weaknesses as the company's operations are increasingly focused on the uk retail sector.... This paper will discuss the usefulness and limitations of SWOT and PEST tools in relation to the business operations of Tesco. As… 11) point out, swot analysis is a structured planning tool used to assess strengths, weaknesses, opportunities, and threats involved in a project or a business proposal....
5 Pages (1250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us