How much money do South Africans spend on take-out?
How much does the average South African spend on eating take-out every month? We asked a few of our presenters about their take-out habits.
Gone are the days when takeaways used to be a treat or something you would only buy on payday.
With life being so busy, many people are finding it harder to make time for things like cooking and doing other household chores.
The fact that food franchises are strategically located next to residential homes makes opting for take-out much easier. A study conducted by Lightstone Explore Linda Reid states that 90% of South African residents live within 5 km of at least one fast food outlet, and almost half of them have a fast food restaurant within 1 km of their homes. The report also states that households in the highest income brackets are likely to spend between R1,400 and R1,500 per month on takeaways, while those in lower income brackets would spend around R10-R70 per month.
Most of these stores even sell staples such as rice, pap, and pasta. So consumers are spoiled for choice and can buy a meal that they would normally cook at home.
Just three years ago, Statistics South Africa reported that the country's income from the takeaway and fast food sector was R170 billion. Insight Survey reported that the fast-food industry alone is worth R300 billion every year. Since 2009, there has been an 80% increase in adults buying fast-foods at least once a month according to Franchise Direct's report. The company estimates that the number of consumers buying fast foods will increase to 42 million during 2017 to 2018.
Some of our presenters are also guilty of indulging now and then...
Kriya Gangiah says she spends a lot on takeaways. "On average R350 a week but I try to be healthy, so it’s salads and wraps.”
Mack Rapapali, who helms the 'Workzone with Mack Rapapali' says he only spent R500 and only goes out once or sometimes maybe twice a week.
Barney Simon on the other hand only eats takeaways once a week on takeaway night and spents about R1,000 a month.
How much do you spend on takeaways every month?
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