NEW YORK, Oct. 15, 2021 /PRNewswire/ -- The dining out market size is expected to increase by USD 1.83 tn from 2021 to 2025, registering a CAGR of 52.96%, according to the latest research report from Technavio. Technavio analyzes the market by type (restaurants and drinking establishments) and geography (APAC, North America, Europe, South America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The report on the dining out market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The rise in the number of restaurants worldwide is expected to have a positive impact on the growth of the dining out market during the forecast period.
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Dining Out Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 52.96%
Market growth 2021-2025
USD 1.83 tn
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 46%
Key consumer countries
China, US, Canada, Japan, and Italy
Leading companies, competitive strategies, consumer engagement scope
Brinker International Inc., Chick-fil-A Inc., Chipotle Mexican Grill Inc., Del Taco Restaurants Inc., Doctors Associates LLC, Dominos Pizza Inc., Godfathers Pizza Inc., Inspire Brands Inc., and Jollibee Foods Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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