Growing takeaway industry worth £9 billion to UK economy

17th August, 2015

According to analysis performed by the Centre for Economics and Business Research (Cebr), UK takeaway businesses contributed £8.3 billion to the economy last year and supported more than 220,000 direct jobs.

The research, commissioned by JUST EAT reports that employment in the takeaway industry has risen by 10% since 2012 and by nearly 17% over the past five years, mirroring the wider growth that the sector has seen.

After adjusting for the proportions of full and part-time jobs, the Cebr estimates that the sector employs 153,000 full-time equivalent (FTE) jobs, as well as indirectly employing a further 72,000 FTE jobs in the supply chain and wider economy. It predicts that the industry will generate another 30,000 jobs over the next five years.

The commissioned study reports ‘rapid growth’ of the UK takeaway industry with £4 billion in Gross Value Added (GVA) to the economy last year. This is equivalent to 12.5% of the entire food services industry, which includes pubs, bars, cafes, restaurants, events catering and takeaways.

For every £1 GVA generated by the sector, it estimated that an additional 54p is stimulated within the supply chain, and when including the spending of employees in the industry an additional £1.08 of GVA is supported.

Taking account of these multipliers, Cebr estimates that the total contribution of the takeaway sector was £8.3bn in 2014 – equivalent to 0.5% of UK GDP.

The recent rise in takeaway restaurants means that the sector is now worth more than other popular service sectors such as design (£5.7bn) and hair and beauty (£4.7bn). In job terms, the takeaway sector is approximately a third larger than the UK’s insurance industry with 153,000 FTE jobs compared to 98,100 FTE jobs.

UK Managing Director of JUST EAT, Graham Corfield, said: “We know takeaways contribute a huge amount to our culture but what many don’t realise is the enormous impact takeaway restaurants – often small, independent, and family-run – make to our economy.”

The below infographic highlights some of the fastest growing cuisines since 2007. Kurdish food was the fastest growing cuisine for 2014, Mongolian takeaways were the fastest growing cuisine in 2013 and demand for South African food was highest in 2012.

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