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03.04.2023 (The Expresswire) --Fast Casual Restaurant MarketInformation for each competitor included(Pizza Hut, Domino's Pizza Group plc, JAB Holdings, Chipotle, The Restaurant Group, Burger King (Vereinigtes Königreich) Ltd, Yum! Restaurant Holdings, Leon, Yo Sushi, Itsu, Subway International BV, McDonald's Restaurants Ltd, Nando's)Company Profile, Key Business Information, SWOT Analysis, Price and Gross Margin, Market Share, Retail, Consumption and Retail Industry and has109 pagesinside.
“The global fast casual restaurant market grew from millions to millions of US dollars from 2017 to 2022. At a CAGR, this market is expected to reach millions of US dollars by 2029.”
Brief description of the Fast Casual Restaurant market:
The Fast Casual Restaurant market grew from $M to $M in 2017-2022. The CAGR of this market is estimated to be $M by 2029.
The report focuses on the Fast Casual Restaurants market size, segment size (which mainly encompasses product type, application, and geography), competitive landscape, recent status, and development trends. In addition, the report offers strategies for companies to deal with the threats of COVID-19.
Innovation and technological progress will further optimize the product's performance and allow it to find a wider range of applications in the downstream market. In addition, analysis of customer preference, market dynamics (drivers, constraints, opportunities), new product launches, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to dive deeper into the restaurant market. fast casual.
The Fast Casual Restaurants Market Research 2023 is a key process that helps companies gather and analyze information about their Fast Casual Restaurants target market,Customers, competitors and industry trends.Request a sample report
Here are some key aspects of the Fast Casual Restaurant Market 2023-2029: -
Define the research objectives:The first step in the Fast Casual Restaurants market is to define your research objectives. This involves determining the specific questions that need to be answered and the information that needs to be gathered.
Identify the target market: Businesses need to identify their quick casual dining target market and understand their needs, preferences and behaviors. This may involve segmenting the market based on factors such as demographics, psychographics and geographic location.
Select research methodology:There are many different marketing methods for fast casual restaurants that can be used, such as: B. Surveys, focus groups and observational surveys. The methodology chosen depends on the objectives of the research and the type of data to be collected.
Collect data:Once the fast casual restaurant market methodology has been selected, data can be collected using various techniques such as online surveys, telephone interviews or face-to-face focus groups. It is important to ensure that the data collected is reliable, valid and representative of the target market.
Analyze the data:Once the data is collected, it needs to be analyzed to identify trends, patterns and insights. This may involve statistical analysis or qualitative analysis of open-ended responses.
Get a sample PDF of the report @https://www.marketgrowthreports.com/enquiry/request-sample/20924333
Draw conclusions and make recommendations:Based on data analysis, companies can draw conclusions and make recommendations for future actions. This may include changes to product offerings, marketing strategies or business operations.
Continuously monitor and adjust:Markets are constantly changing, so it's important for companies to continually monitor their performance and adjust their strategies as needed to stay competitive.
Overall, the Fast Casual Restaurants Market is an important process that can provide companies with valuable information and inform important business decisions.
Key Manufacturers/Key Players/Savings by Company Leaders The major players in the Irritable Bowel Syndrome Treatment market are:
● Pizza Hut
● Domino's Pizza Group plc
● JAB stocks
● Chipotle
● The restaurant group
● Burger King (UK) Ltd.
● Delicious! Restaurant properties
● lion
● Yo-Sushi
● Blind
● Subway International BV
● Restaurants McDonald's Ltd.
● Nandos
Get a sample copy of the 2023 Fast Casual Restaurants Report
Full Quick Casual Restaurant Market Report
The global Full Fast Casual Restaurant market report examines various trends, obstacles, and challenges faced by key competitors in the Full Fast Casual Restaurant market. The report was prepared considering the main results and consequences of the market.
The applications covered in the report are:
● Meals
● take away
This is based on existing market conditions for fast casual restaurants and historical data. The researchers analyzed all types of data and participants and customers as well as geological areas and product types.
The types covered in the report are:
● Hamburger/sandwich
● Pizza/Massage
● Asian/Latin American food
● Chicken
● Other
Why do companies around the world trust us to grow and maintain revenue?
Fast casual restaurant market experience:Companies can work with other companies that have experience or specific knowledge in an area that the first company does not have. Cost Savings in the Quick Casual Restaurant Market: Working with another company can help reduce costs for both parties. Quick Access to the Quick Casual Restaurant Market: Partnering with a company that has a strong presence in a new market can help a business expand its reach and customer base. Fast Casual Restaurants Market Innovation: Collaborating with other companies can result in the development of new products, services or technologies that can help increase growth and sales. Quick Casual Restaurant Market Resources: By partnering with another company, a business can gain access to additional resources, such as funding or talent, that can help it meet its growth and revenue goals.
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Like the COVID-19 pandemic and the Russia-Ukraine conflict?
Supply Chain Interruptions:The COVID-19 pandemic and the ongoing conflict between Russia and Ukraine could disrupt supply chains and lead to shortages of goods and materials. This can affect B2B companies' ability to manufacture and ship products to their customers. Changes in consumer behavior: The pandemic has resulted in significant changes in consumer behavior as more and more people shop online and prioritize health and safety. This can lead to changes in demand for certain types of products and services, which can impact the B2B companies that provide those products and services.
Economic uncertainty:The pandemic and conflict between Russia and Ukraine could lead to economic uncertainty, which could affect companies' willingness to invest in new projects and acquisitions. This can lead to a slowdown in B2B sales and revenue growth. Political Instability: The conflict between Russia and Ukraine could lead to political instability in the region, which could have broader implications for world trade and economic activity. This can pose challenges for B2B companies that rely on international markets and supply chains.
TO KNOW HOW THE COVID-19 PANDEMIC AND THE RUSSIA-UKRAINE WAR AFFECT THIS MARKET – ASK FOR SAMPLES
Here are the main points covered in the Fast Casual Restaurant market:
● Find out that by 2029, we predict the industry will change
● Understand the historical, current and future perspectives of the Fast Casual Restaurants market
● Understand what will be the sales volume, global share and growth of the Fast Casual Restaurants market over the next five years.
● Read Quick Casual Restaurant product descriptions, as well as the scope of the report and future industry trends.
● Learn about the key drivers of growth in the fast casual restaurant industry
● Get a comprehensive analysis of the drivers, risks, opportunities and constraints for fast casual restaurant growth
● Learn about the major market, current and emerging players in global fast casual restaurants
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Fast-Casual Restaurants
● What are the important RandD (Research and Development) factors and data identifications responsible for increasing market share?
● What are the future investment opportunities in the fast casual restaurant scene looking at price trends?
● What are the most dynamic companies with scope and recent developments in the Irritable Bowel Syndrome Treatment market by 2029?
● How is the market expected to develop in the coming years?
● What are the key issues that will affect development, including future revenue projections?
● What are the market opportunities and potential risks associated with IBS treatment, analyzing trends?
Important points from the table of contents
Key points from the summary
Global Fast Casual Restaurants Market Research Report 2023-2029 by Manufacturers, Regions, Types and Applications
1. Introduction
1.1 Purpose of the study
1.2 Market definition
1.3 Market scope
1.3.1 Market Segment by Type, Application, and Marketing Channel
1.3.2 Major regions covered (North America, Europe, Asia Pacific, Middle East and Africa)
1.4 years considered for the study (2017-2029)
1.5 Currency considered (US Dollars)
1.6 Interested Parties
2 Main conclusions of the study
3 Market dynamics
3.1 Drivers of this market
3.2 Factors that challenge the market
3.3 Global Fast Casual Restaurants Market Opportunities (Regions, Downstream Growing/Emerging Market Analysis)
3.4 Technology and market developments in the quick casual restaurant market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Analysis of Strategic Recommendations
4 Fast casual restaurant market value chain
4.1 Situation of the Value Chain
4.2 Upstream Commodity Analysis
4.3 Analysis of the main intermediary companies (by production base, by type of product)
4.4 Distributors/Resellers
4.5 Analysis of main downstream customers (by region)
Get a Sample Copy of Quick Casual Restaurants Market Report 2023
5 Global Fast Casual Restaurants Market Segment by Type
6 Global Fast Casual Restaurants Market Segmentation by Application
7 Global Fast Casual Restaurants Market Segmentation by Marketing Channels
7.1 Traditional Marketing Channel (Offline)
7.2 Canal Online
8 Profiles of Competitive Intelligence Companies
9 Geographical Segmentation of the Global Quick Casual Restaurants Market
9.1 North America
9.2 Europa
9.3 Asia-Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Future Quick Casual Restaurants Market Forecasts, 2023-2029
10.1 Global Fast Casual Restaurant Market Forecast from 2023 to 2029 by Regions
10.2 Global Fast Casual Restaurant Production Forecast and Growth Rate by Type (2023-2029)
10.3 Global Fast Casual Restaurant Consumption Forecast and Growth Rate, by Application (2023-2029)
11 Appendix
11.1 Methodology
12.2 Research Data Source
And more…
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Main reasons for purchase
● To gain insightful market analysis and have a thorough understanding of the global Fast Casual Restaurants market and its business landscape.
● Assessment of production processes, main problems and solutions to reduce development risk.
● Understand the key driving and restraining forces in the Fast Casual Restaurant market and their impact on the global market.
● Learn the Fast Casual Restaurants market strategies adopted by the respective leading organizations.
● Understand future prospects and prospects for the fast casual restaurant market.
● In addition to standard structure reports, we also offer customer-specific surveys according to specific requirements
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FAQs
How many fast casual restaurants are there in the US? ›
In 2013, there were 19,231 fast-casual restaurants in America. By 2017, per NPD's Fall 2017 ReCount restaurant census, there were 25,118 locations. By the following year, the number lifted to 25,312—up one percent, year-over-year.
Is the fast casual restaurant industry growing? ›Global Fast Casual Restaurant Market Outlook. The global fast casual restaurant market stood at a value of around USD 189.7 billion in 2022. The market is further expected to grow at a CAGR of 11.5% in the forecast period of 2023-2028 to attain a value of around USD 364.52 billion by 2028.
What are the projections for fast casual restaurants? ›This option of healthy customizations offered by fast casual restaurants drives the fast casual restaurant market growth. The global fast casual restaurant market size was $125.6 billion in 2019, and is projected reach $209.1 billion by 2027, registering a CAGR of 10.6% from 2021 to 2027.
What is the CAGR for fast casual? ›The US Fast Casual Restaurants Market is forecast to grow by $55.4 bn during 2022-2027, accelerating at a CAGR of 11.56% during the forecast period.
How profitable are fast casual restaurants? ›According to LightSpeed HQ, the average profit margin for quick service restaurants or fast food restaurants is between 6% and 9%. That's pretty much in line with our profit analysis below (5-10%).
What percentage of restaurants are fast casual? ›| Restaurant Type | Market Share |
|---|---|
| Full Service | 48.5% |
| Fast Food | 43.8% |
| Fast Casual | 7.7% |
The DTC (direct-to-consumer) food segment is one of the fastest-growing sector in this space. DTC brands cut out intermediary retailers. Which lets them capture more profit margin (and/or offer lower prices) than traditional players.
What is the market outlook for quick service restaurants? ›The global Quick Service Restaurants (QSR) market was valued at USD 173.72 billion in 2021 and is expected to grow at a CAGR of 4.9% during the forecast period.
Is fast food industry declining? ›According to the most recent data from the Bureau of Labor Statistics, employment in California's fast-food industry remains nearly 20 percent below its pre-pandemic level (representing a loss of more than 75,000 jobs).
Are fast food places getting paid more in 2023? ›Here's what the FAST Recovery Act does for workers: Increase the minimum wage: The Fast Food Council can increase the minimum wage up to $22 per hour for 2023 (California minimum wage is currently $14-$15), and the bill allows for an increase of 3.5% each subsequent year.
What is the fastest growing segment in the restaurant industry? ›
Quick-service/fast- casual represents the largest and fastest- growing segment of the $566 billion res- taurant industry, and QSR is the preferred source for insight, analysis, and ideas on running operations.
Why is fast casual so successful? ›Fresh Food
In lines with a survey conducted by FastCasual.com, one of the primary appeals of fast casual dining is, in fact, that the food is made specifically for the customer. On the other side, fast food restaurants usually serve pre-assembled meals. Furthermore, customers expect high-quality and fresh ingredients.
Fast casual restaurants, also known as fast food or quick service restaurants, involve ordering at a counter or doing some level of self-service. Although factors like franchise affiliation may affect profit margins, fast casual restaurants typically have an average profit margin of 6-9%.
How fast is the fast casual industry growing? ›The US fast-casual restaurants market is estimated to grow at a CAGR of 11.56% between 2022 and 2027. The size of the market is forecast to increase by USD 55.4 billion.
What is a good 5 year CAGR for an industry? ›Stockopedia explains Sales CAGR
Sales growth of 5-10% is usually considered good for large-cap companies, while for mid-cap and small-cap companies, sales growth of over 10% is more achievable.
It takes an average of two years for a new restaurant to turn a profit. Unfortunately, there is a very high restaurant failure rate. This is due to a lack of funding or planning for the slower first few years. These should be factored into your restaurant business plan.
What fast food restaurant makes the most money? ›The largest restaurant companies in the world are primarily chain operations with an international presence. McDonald's Corporation is the largest fast-food chain. As of 2022, Starbucks is the largest restaurant company by revenue, with 35,000 stores globally.
How successful are fast food restaurants? ›Fast food restaurants in the U.S. earned $278.6 billion in revenue in 2021. Led by market heavy-hitters such as McDonald's, Starbucks, Taco Bell, and Chick-Fil-A, the industry has adapted to the changing times and clearly continues to attract customers despite the COVID-19 pandemic.
How big is the fast casual market in the US? ›The fast casual restaurant market size was valued at $125.6 billion in 2019, and is expected to reach $209.1 billion by 2027, registering a CAGR of 10.6% from 2021 to 2027.
What are the pros and cons of fast casual restaurants? ›Fast casual and fast food restaurants have pros and cons. Fast casual restaurants are generally healthier and have better-quality food but are also more expensive. On the other hand, fast food restaurants are cheaper and more convenient, but the food is usually not as healthy.
How many customers does a fast food restaurant get per day? ›
160,000. There are 160,000 fast food restaurants in the country, or about 1 for every 2,000 Americans. Of those, more than 14,000 are McDonald's and more than 25,000 are Subways. If 50 million people eat at a fast food chain every day then the average restaurant serves about 300 people a day.
What is the next food trend in 2023? ›Food trends in 2023 could include the rise of mood food, curry, and mushrooms as popular new additions to the American dinner table. In past years, pumpkin spice, Kimchi and Korean cuisine in general have all gained in popularity with Americans eager to try new things.
What are the food and beverage trends in 2023? ›3 main trends in the Food and Beverage industry in 2023:
Sustainability. Consumer Behaviour. Innovation & Tech.
Growth in the F&B industry - Despite the Challenges
In fact, a report from January 2023, by The Business research company, predicted that the food and beverage market will increase from $7,221.73 billion in 2023 to $9,225.37 billion in 2027 at a compound annual growth rate of 6.3%.
McDonald's is by far the most popular fast food chain in the United States. It has about 13,500 locations in the U.S., 40,000 worldwide, and it operates in 118 countries.
What are the trends in quick service restaurants industry? ›Some of the major trends in operations include upgrading of drive-thru technology in response to increasing demand for faster service (Burger King and Rally's), reduction in menu sizes (Wendy's, Rax), more nutritious products in the menus (McDonalds, Hardees and many others).
Which restaurant dominates the QSR industry? ›Most valuable QSR brands worldwide 2021
McDonald's was the most valuable fast food brand in the world with an estimated brand value of about 154.9 billion U.S. dollars.
Wages are the main factor behind why restaurant employees quit their jobs, with 34.6% citing wages as a reason for leaving a job, or a reason for why they are planning to.
Is demand for fast food increasing? ›The global fast food market size was USD 862.05 billion in 2020 and is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during the 2021-2028 period.
Why is fast food service so slow now? ›If you feel like you've been spending more time sitting in the drive-thru lane lately, it's not just in your head. According to a recent survey, fast food drive-thrus across the country are getting slower due to a combination of factors including a higher volume of orders and more complex items.
How big is the casual dining industry? ›
The fast casual restaurant market size was valued at $125.6 billion in 2019, and is expected to reach $209.1 billion by 2027, registering a CAGR of 10.6% from 2021 to 2027.
What is the most common type of restaurant in the US? ›1. QSR, aka Fast Food Restaurants: One of the Most Popular Types of Restaurants in America. Quick-service restaurants are more commonly known as fast-food restaurants in the US. Customers tend to eat their meals on the go, but most establishments also offer seating.
How many fast food burger chains are there in the US? ›There are 91,990 Burger Restaurants businesses in the US as of 2023, an increase of 2% from 2022.
What is the most popular casual service restaurant in America? ›In 2021, Applebee's was the leading casual dining restaurant chain in the United States in terms of units with 1,578 establishments across the country. Other casual dining restaurant chains included in the ranking were Chili's Grill & Bar and Buffalo Wild Wings.
Is casual dining on decline? ›Casual Dining has seen a new challenge of consumer sentiment decline in the past couple of years, with 2023 scores already reaching a new high of declining consumer sentiment.
What is the difference between fast casual and casual dining? ›The primary difference between fast casual vs. casual dining is that in casual dining your order is typically taken at the table by a server. Fast casual offers the convenience of fast food, while offering some of the elements of casual dining like an inviting atmosphere, alcohol menus, and in some cases, food runners.
What is the market size of fast food restaurants? ›The global fast food market size was USD 862.05 billion in 2020 and is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during the 2021-2028 period.
What type of restaurants make the most money? ›- Bar. In the restaurant business, bars have the highest profit margins. ...
- Diner. The low cost of breakfast food ingredients increases the profit margin for diners. ...
- Food Truck. It may surprise you to see that food trucks are on this list. ...
- Delivery. ...
- Pizzeria. ...
- Pasta Restaurant.
McDonald's is by far the most popular fast food chain in the United States. It has about 13,500 locations in the U.S., 40,000 worldwide, and it operates in 118 countries.
What is the most abundant fast-food restaurant in the US? ›What fast food chain makes the most money? ›
McDonald's Corporation is the largest fast-food chain. As of 2022, Starbucks is the largest restaurant company by revenue, with 35,000 stores globally.
Which chain sells the most hamburgers? ›This statistic shows the sales of selected leading burger restaurant chains in the United States in 2021 McDonald's was the leading burger restaurant chain in the United States in 2021.
Who has the most US locations for fast food? ›Subway, Mary's Gone Crackers and McDonald's are the largest food chains in the United States in 2023 based on the number of locations. Subway has the most number of locations with 20,622 locations across 54 states and territories. Mary's Gone Crackers has 18,278 and McDonald's has 13,269 locations in the US.
Which restaurants pay waitresses the most? ›- The Cheesecake Factory. 3.5. 5,960 reviews.
- Olive Garden. 3.3. 14,239 reviews.
- Cracker Barrel. 3.1. 13,769 reviews.
- Waffle House. 3.1. 9,806 reviews.
- Texas Roadhouse. 3.0. 8,965 reviews.
- Burrito (bowl or regular)
- Cheeseburger.
- Cheese Pizza.
- Pad Thai.
- Chicken Quesadilla.
- California Roll.
- Fried Chicken Sandwich.
- Caesar Salad.
Most commonly, "sit-down restaurant" refers to a casual-dining restaurant with table service, rather than a fast food restaurant or a diner, where one orders food at a counter.