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Fast Casual Restaurants Market Share in the US: Segmentation in the US by Product (North American food, Italian food, Mexican food, and others) and Geography (North America, Europe, APAC, and MEA)--Forecast till 2025|Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Feb 03, 2022, 11:00 ET

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NEW YORK, Feb. 3, 2022 /PRNewswire/ -- The Fast Casual Restaurants Market Share in the fast-casual US is segmented into two categories based on the product (North American food, Italian food, Mexican food, and others) and geography (North America, Europe, APAC, and MEA). The market share is expected to increase by USD 28.80 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of almost 8%.

For further insights on market overview and dynamic analysis, Read our FREE Sample Report

Attractive Opportunities in Fast Casual Restaurants Market in US by Product - Forecast and Analysis 2021-2025
Attractive Opportunities in Fast Casual Restaurants Market in US by Product - Forecast and Analysis 2021-2025

Parent Market Analysis
Technavio categorizes the global fast-casual restaurants market share in the US as a part of the global restaurants market within the global consumer discretionary market.

Technavio uses the total revenue generated by manufacturers to estimate the fast-casual restaurants' market share in US size. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the fast-casual restaurants' market share in the US throughout the forecast period, Download a free sample.

Fast Casual Restaurants Market Share in US Value Chain Analysis
To maximize profit margins and evaluate business plans, an end-to-end understanding of fast-casual restaurants' market share in the US is required. The report will help vendors drive costs and enhance customer services during the forecast period.

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

To unlock information about vendor drive costs and customer service, download our free sample report.

Vendor Insights 
The fast-casual restaurants' market share in the US is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.  To make the best of the opportunity, the market vendors should focus more on the fast-growing segment's growth prospect while maintaining their positions in the slow-growing segments.

We provide a detailed analysis of vendors operating in the fast-casual restaurants market share in the US, including some of the vendors such as Amergent Hospitality Group Inc., Chipotle Mexican Grill Inc., Five Guys Enterprises LLC, Jimmy Johns Franchisor SPV LLC, Noodles and Co., Panera Bread Co., Portillos Hot Dogs LLC, Shake Shack Inc., Wingstop Inc., and YUM! Brands Inc.

Backed with competitive intelligence and benchmarking, our research reports on the fast-casual restaurants' market share in the US are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Product Insights and News

  • Amergent Hospitality Group Inc.-  Owns, operates, and franchises fast-casual and full-service restaurants brands such as little big burger, Hooters, and BGR among others.
  • Chipotle Mexican Grill Inc. - Operates fast-casual restaurants through its subsidiary Pizzeria Locale.
  • Five Guys Enterprises LLC-  Operates fast-casual restaurant chain offering sandwiches, hot dogs, and French fries among others.

The fast-casual restaurants market share in US forecast report offers in-depth insights into key vendor profiles and offerings – Download Free Sample Report

Key Market Dynamics-

  •  Fast Casual Restaurants Market Share in US Key Drivers: 
    • Demand for innovation and customization in food menus

Exotic cuisine is in high demand among customers whose tastes are always changing. Millennials have the highest appetite for unique and exotic-flavored fast food. Millennials are looking for solutions that allow them to customize their food based on their daily calorie intake. Growing knowledge of healthful and low-calorie diets is the primary driver of personalization. Consumers can also tailor meals to their preferences, regardless of the time of day or what is on the menu. Fast-casual restaurant providers can boost the likelihood of repeat client visits by getting the exact flavor. As a result, the desire for food menu customization and innovation will drive the expansion of the fast-casual restaurant business in the United States.

  •  Fast Casual Restaurants Market Share in US Key Trends:
    • Increasing focus on digitalization of services

The e-commerce business in the United States is developing as a result of several factors, including a growing tech-savvy population, increased Internet penetration, and increased smartphone use. People's purchasing behaviors have shifted from brick-and-mortar establishments to online shopping due to the availability of many payment alternatives such as credit and debit cards, Internet banking, electronic wallets, and cash-on-delivery (COD). Consumers prefer internet purchasing to buy at brick-and-mortar stores. As a result, fast-casual restaurant owners must use e-commerce websites to advertise and brand their items. To boost sales, several suppliers are focusing on forming partnerships with food delivery companies.

Download a free sample for highlights on market Drivers & Trends affecting fast-casual restaurants' market share in the US. 

Customize Your Report 
Don't miss out on the opportunity to speak to our analyst and know more insights into this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!   

Related Reports: 

Catering Services Market by Service and Geography - Forecast and Analysis 2021-2025

Food Delivery Market in India by Order Mode and Payment Mode - Forecast and Analysis 2022-2026

Fast Casual Restaurants Market Scope in US

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 28.80 billion

Market structure

Fragmented

YoY growth (%)

7.14

Regional analysis

US

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amergent Hospitality Group Inc., Chipotle Mexican Grill Inc., Five Guys Enterprises LLC, Jimmy Johns Franchisor SPV LLC, Noodles and Co., Panera Bread Co., Portillos Hot Dogs LLC, Shake Shack Inc., Wingstop Inc., and YUM! Brands Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us: 
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email: [email protected] 
Website: www.technavio.com/

SOURCE Technavio

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Fast Casual Restaurants Market to Grow by USD 302.5 Billion from 2024-2028, Driven by Demand for Food Menu Innovation & Customization, Report on How AI is Driving Market Transformation - Technavio

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