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USD 186.27 Billion Growth in Fast Casual Restaurants Market | 44% of the growth will originate from North America | Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jun 24, 2022, 03:50 ET

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NEW YORK, June 24, 2022 /PRNewswire/ -- The latest market analysis report titled Fast Casual Restaurants Market by Product and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness a potential growth difference of USD 186.27 billion from 2021 to 2026. The market is anticipated to grow at an accelerating growth momentum at a CAGR of 12.41% during the forecast period. 

View Market Report Sample for more insights on CAGR and YOY growth variance analysis

Technavio has announced its latest market research report titled Fast Casual Restaurants Market by Product and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Fast Casual Restaurants Market by Product and Geography - Forecast and Analysis 2022-2026

Fast Casual Restaurants Market: Key Market Dynamics
Key Driver: The rising demand for innovation and customization in food menus as customers nowadays prefer a combination of food infused with new and bold flavors is influencing the market positively during the forecast period. Consumers prefer the option to customize their menu choices to their tastes. Thus, several market players are offering innovative and customizable food menus to attract customers. Therefore, with the growing demand for innovative and customizable foods, the global fast-casual restaurants market is expected to grow significantly during the forecast period.

Key Challenge: The intense competition from quick-service restaurants as they also target the customer segment who prefer healthier food prepared from fresh food ingredients is one of the key challenges expected to limit the growth during the forecast period. Quick-service restaurants are focusing on lessening ordering and payment time durations to increase the popularity of on-the-go food items. The rising inclination of consumers toward quick-service restaurants may limit the market growth during the forecast period.

Get Insights on Factors Influencing the market growth as you Buy this Sample Report

Fast Casual Restaurants Market: Product Landscape

  • North American: The North American product segment held the largest fast casual restaurants market share in 2021. The segment will continue to account for the highest revenue throughout the forecast period. The growth of this segment will be attributed to the availability of many healthy meal options in order to cater to the daily nutritional requirements of children and teenagers.
  • Italian
  • Mexican
  • Others

Fast Casual Restaurants Market: Geography Landscape

  • North America: 44% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for fast-casual restaurants in North America. Market growth in this region will be faster than the growth of the market in South America and MEA. The high demand for fast foods, especially among the teenage population, and constant innovations and redesigning of the food menu will facilitate the fast-casual restaurants market growth in North America over the forecast period.
  • APAC
  • Europe
  • South America
  • MEA

Download Sample Report and get segment-based contribution for making informed purchase decisions

Companies Covered:

  • Chipotle Mexican Grill Inc.
  • DICKEYS BARBECUE RESTAURANTS Inc.
  • Erbert and Gerberts Sandwich Shop
  • EXKi SA
  • Famous Brands Ltd.
  • Firehouse Restaurant Group Inc.
  • Five Guys Enterprises LLC
  • Godfathers Pizza Inc.
  • LYKE Kitchen
  • McAlisters Franchisor SPV LLC
  • MOD Super Fast Pizza LLC
  • Noodles and Co.
  • Panda Restaurant Group Inc.
  • PORTILLOS Inc.
  • Potbelly Corp.
  • Shake Shack Inc.
  • Smashburger Servicing LLC
  • The Wendys Co.
  • Wingstop Inc.
  • YUM Brands Inc.

Want to know more about the vendors and their key product offerings, Request Sample Report

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Related Reports:

Fast Food Market by Product and Geography - Forecast and Analysis 2021-2025

Sushi Restaurants Market Product and Geography - Forecast and Analysis 2021-2025

Fast Casual Restaurants Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.41%

Market growth 2022-2026

$ 186.27 billion

Market structure

Fragmented

YoY growth (%)

11.39

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Chipotle Mexican Grill Inc., DICKEYS BARBECUE RESTAURANTS Inc., Erbert and Gerberts Sandwich Shop, EXKi SA, Famous Brands Ltd., Firehouse Restaurant Group Inc., Five Guys Enterprises LLC, Godfathers Pizza Inc., LYKE Kitchen, McAlisters Franchisor SPV LLC, MOD Super Fast Pizza LLC, Noodles and Co., Panda Restaurant Group Inc., PORTILLOS Inc., Potbelly Corp., Shake Shack Inc., Smashburger Servicing LLC, The Wendys Co., 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 future consumer dynamics, market condition analysis for 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.

Table of Content

1. Executive Summary                         

               1.1 Market Overview 

                              Exhibit 01:  Executive Summary – Chart on Market Overview

                              Exhibit 02:  Executive Summary – Data Table on Market Overview

                              Exhibit 03:  Executive Summary – Chart on Global Market Characteristics

                              Exhibit 04:  Executive Summary – Chart on Market by Geography

                              Exhibit 05:  Executive Summary – Chart on Market Segmentation by Product

                              Exhibit 06:  Executive Summary – Chart on Incremental Growth

                              Exhibit 07:  Executive Summary – Data Table on Incremental Growth

                              Exhibit 08:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 09:  Parent market

                              Exhibit 10:  Market characteristics

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 11:  Offerings of vendors included in the market definition

               3.2 Market segment analysis  

                              Exhibit 12:  Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021 - 2026 

                              Exhibit 13:  Chart on Global - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 14:  Data Table on Global - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 15:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                              Exhibit 16:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 17:  Five forces analysis - Comparison between 2021 and 2026

               4.2 Bargaining power of buyers            

                              Exhibit 18:  Bargaining power of buyers – Impact of key factors in 2021 and 2026

               4.3 Bargaining power of suppliers        

                              Exhibit 19:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

               4.4 Threat of new entrants     

                              Exhibit 20:  Threat of new entrants – Impact of key factors in 2021 and 2026

               4.5 Threat of substitutes          

                              Exhibit 21:  Threat of substitutes – Impact of key factors in 2021 and 2026

               4.6 Threat of rivalry   

                              Exhibit 22:  Threat of rivalry – Impact of key factors in 2021 and 2026

               4.7 Market condition 

                              Exhibit 23:  Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product               

               5.1 Market segments

                              Exhibit 24:  Chart on Product - Market share 2021-2026 (%)

                              Exhibit 25:  Data Table on Product - Market share 2021-2026 (%)

               5.2 Comparison by Product    

                              Exhibit 26:  Chart on Comparison by Product

                              Exhibit 27:  Data Table on Comparison by Product

               5.3 North American  - Market size and forecast 2021-2026       

                              Exhibit 28:  Chart on North American  - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 29:  Data Table on North American  - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 30:  Chart on North American  - Year-over-year growth 2021-2026 (%)

                              Exhibit 31:  Data Table on North American - Year-over-year growth 2021-2026 (%)

               5.4 Italian - Market size and forecast 2021-2026           

                              Exhibit 32:  Chart on Italian - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 33:  Data Table on Italian - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 34:  Chart on  Italian - Year-over-year growth 2021-2026 (%)

                              Exhibit 35:  Data Table on Italian - Year-over-year growth 2021-2026 (%)

               5.5 Mexican - Market size and forecast 2021-2026       

                              Exhibit 36:  Chart on Mexican - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 37:  Data Table on Mexican - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 38:  Chart on Mexican - Year-over-year growth 2021-2026 (%)

                              Exhibit 39:  Data Table on Mexican - Year-over-year growth 2021-2026 (%)

               5.6 Others - Market size and forecast 2021-2026          

                              Exhibit 40:  Chart on Others - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 41:  Data Table on Others - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 42:  Chart on Others - Year-over-year growth 2021-2026 (%)

                              Exhibit 43:  Data Table on Others - Year-over-year growth 2021-2026 (%)

               5.7 Market opportunity by Product     

                              Exhibit 44:  Market opportunity by Product ($ billion)

6. Customer landscape                        

               6.1 Customer landscape overview       

                              Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                              Exhibit 45:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7. Geographic Landscape                    

               7.1 Geographic segmentation

                              Exhibit 46:  Chart on Market share by geography 2021-2026 (%)

                              Exhibit 47:  Data Table on Market share by geography 2021-2026 (%)

               7.2 Geographic comparison    

                              Exhibit 48:  Chart on Geographic comparison

                              Exhibit 49:  Data Table on Geographic comparison

               7.3 North America - Market size and forecast 2021-2026          

                              Exhibit 50:  Chart on North America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 51:  Data Table on North America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 52:  Chart on North America - Year-over-year growth 2021-2026 (%)

                              Exhibit 53:  Data Table on North America - Year-over-year growth 2021-2026 (%)

               7.4 APAC - Market size and forecast 2021-2026             

                              Exhibit 54:  Chart on  APAC - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 55:  Data Table on  APAC - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 56:  Chart on  APAC - Year-over-year growth 2021-2026 (%)

                              Exhibit 57:  Data Table on  APAC - Year-over-year growth 2021-2026 (%)

               7.5 Europe - Market size and forecast 2021-2026         

                              Exhibit 58:  Chart on Europe - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 59:  Data Table on Europe - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 60:  Chart on Europe - Year-over-year growth 2021-2026 (%)

                              Exhibit 61:  Data Table on Europe - Year-over-year growth 2021-2026 (%)

               7.6 South America - Market size and forecast 2021-2026          

                              Exhibit 62:  Chart on South America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 63:  Data Table on South America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 64:  Chart on South America - Year-over-year growth 2021-2026 (%)

                              Exhibit 65:  Data Table on South America - Year-over-year growth 2021-2026 (%)

               7.7 Middle East and Africa  - Market size and forecast 2021-2026          

                              Exhibit 66:  Chart on Middle East and Africa  - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 67:  Data Table on Middle East and Africa  - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 68:  Chart on Middle East and Africa  - Year-over-year growth 2021-2026 (%)

                              Exhibit 69:  Data Table on Middle East and Africa  - Year-over-year growth 2021-2026 (%)

               7.8 US - Market size and forecast 2021-2026   

                              Exhibit 70:  Chart on US - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 71:  Data Table on US - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 72:  Chart on US - Year-over-year growth 2021-2026 (%)

                              Exhibit 73:  Data Table on US - Year-over-year growth 2021-2026 (%)

               7.9 China - Market size and forecast 2021-2026            

                              Exhibit 74:  Chart on China - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 75:  Data Table on China - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 76:  Chart on China - Year-over-year growth 2021-2026 (%)

                              Exhibit 77:  Data Table on China - Year-over-year growth 2021-2026 (%)

               7.10 UK - Market size and forecast 2021-2026

                              Exhibit 78:  Chart on UK - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 79:  Data Table on UK - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 80:  Chart on UK - Year-over-year growth 2021-2026 (%)

                              Exhibit 81:  Data Table on UK - Year-over-year growth 2021-2026 (%)

               7.11 Germany - Market size and forecast 2021-2026   

                              Exhibit 82:  Chart on Germany - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 83:  Data Table on Germany - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 84:  Chart on Germany - Year-over-year growth 2021-2026 (%)

                              Exhibit 85:  Data Table on Germany - Year-over-year growth 2021-2026 (%)

               7.12 Canada - Market size and forecast 2021-2026       

                              Exhibit 86:  Chart on Canada - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 87:  Data Table on Canada - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 88:  Chart on Canada - Year-over-year growth 2021-2026 (%)

                              Exhibit 89:  Data Table on Canada - Year-over-year growth 2021-2026 (%)

               7.13 Market opportunity by geography            

                              Exhibit 90:  Market opportunity by geography ($ billion)

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1 Demand for innovation and customization in food menus

                              8.1.2 Increase in demand for gluten-free dining

                              8.1.3 Introduction of healthy meals in food menus

               8.2 Market challenges              

                              8.2.1 Intense competition from quick-service restaurants

                              8.2.2 Adherence to stringent regulations and guidelines

                              8.2.3 Fluctuations in food commodities prices

               8.3 Impact of drivers and challenges   

                              Exhibit 91:  Impact of drivers and challenges in 2021 and 2026

               8.4 Market trends      

                              8.4.1 Rise in popularity of Chef-driven fast casual restaurant franchises

                              8.4.2 Embracing technology

                              8.4.3 Rise in popularity of chef-driven fast-casual restaurant franchises

9. Vendor Landscape                            

               9.1 Overview

               9.2 Vendor landscape

                              Exhibit 92:  Overview on Criticality of inputs and Factors of differentiation

                              The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

               9.3 Landscape disruption         

                              Exhibit 93:  Overview on factors of disruption

               9.4 Industry risks        

                              Exhibit 94:  Impact of key risks on business

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 95:  Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 96:  Matrix on vendor position and classification

               10.3 Chipotle Mexican Grill Inc.           

                              Exhibit 97:  Chipotle Mexican Grill Inc. - Overview

                              Exhibit 98:  Chipotle Mexican Grill Inc. - Product / Service

                              Exhibit 99:  Chipotle Mexican Grill Inc. - Key news

                              Exhibit 100:  Chipotle Mexican Grill Inc. - Key offerings

               10.4 Firehouse Restaurant Group Inc.

                              Exhibit 101:  Firehouse Restaurant Group Inc. - Overview

                              Exhibit 102:  Firehouse Restaurant Group Inc. - Product / Service

                              Exhibit 103:  Firehouse Restaurant Group Inc. - Key offerings

               10.5 Godfathers Pizza Inc.      

                              Exhibit 104:  Godfathers Pizza Inc. - Overview

                              Exhibit 105:  Godfathers Pizza Inc. - Product / Service

                              Exhibit 106:  Godfathers Pizza Inc. - Key offerings

               10.6 McAlisters Franchisor SPV LLC    

                              Exhibit 107:  McAlisters Franchisor SPV LLC - Overview

                              Exhibit 108:  McAlisters Franchisor SPV LLC - Product / Service

                              Exhibit 109:  McAlisters Franchisor SPV LLC - Key offerings

               10.7 Noodles and Co.

                              Exhibit 110:  Noodles and Co. - Overview

                              Exhibit 111:  Noodles and Co. - Product / Service

                              Exhibit 112:  Noodles and Co. - Key offerings

               10.8 Panda Restaurant Group Inc.       

                              Exhibit 113:  Panda Restaurant Group Inc. - Overview

                              Exhibit 114:  Panda Restaurant Group Inc. - Product / Service

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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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