PEST analysis helps to plan with these factors. They also improve their inventory system to keep update the clients. Cultural factors might also play an important role since some cultures do not encourage the consumption of fast food. The government wants to check the quality of the food and ingredients, which are used in preparation of food as the cholesterol can affect health of people and they can become suffer from obesity and other stomach issues.
In the health conscious market, the restaurants offer healthy foods to the people but where people look of high fat food, the restaurants prepare food according to their choice. In US alone, more thanrestaurants feed more than 50 million people daily. Most of the restaurants do not take care of their kitchen, where they cook food and wash the dishes.
Reputation has become important for two reasons. The slow and stable growth in the economy of the country and risky economic markets can be great threat for this industry.
The restaurants have to face the regulations not only about food but also wages and welfare of their employees. Created by Harvard professor Francis Aguilar ina PESTLE analysis helps business owners assess environmental factors that are affecting their businesses and improve their company's decision-making and timing.
Despite the changing trends, fast food industry has showed healthy growth based on some important factors. But they, and other fast food chains, face criticism for their lack of healthy options on their menus.
The pressure due to changing legal requirements has risen. The government imposes some employment laws for safety of rights of employees, and environmental regulations to adhere with the environmental policy and follow the trade restrictions along with tariffs and political stability to maintain the standard of food UK Essays, Targeting children and waste management were some areas where brands were forced to change their approach.
Fast food chains also show calories, but not as openly. This isn't a story about how to grind herbs. Food related regulations grew stricter.
Technological Factors Various popular restaurants use the television and IT technology for their publicity. Hygiene, sustainability and compliance are on the top of the list.Know More United Kingdom Risk Analysis This market research report covers current and future business risk analysis for United Kingdom along with macroeconomic factor analysis.
Know More United Kingdom (UK) Market Research Reports, PEST Analysis and Industry Trends. This is true for our PEST analysis example for the food industry. Political Factors.
Trends affect the food industry. Fast food restaurants are adding “healthier options” on their menus as public health policies are pushing for foods with lower sodium and sugar intakes. The United Kingdom is a constitutional monarchy that runs under the influence of a parliamentary system. The UK is said to be a fair, stable country with plenty of opportunities for those operating within, and the country as a whole.
As the leading health food store chain in the United States, Whole Foods Market has comprehensive policies and strategies that account for the opportunities and threats identifiable in.
In our PEST analysis example for the food industry we’re examining how the industry is affected by political, economical, social and technological factors.
1. Introduction. This report focuses on PEST analysis of UK’s food producing industry and giving some particularly essential ratios of some food producing companies.Download