Key Market Dynamics:
- Market Driver
- Market Challenges
One of the main factors fueling the expansion of the global dining-out industry is the increase of restaurants across the globe. The expansion of the global dining-out sector will be fueled by the popularity of chef-driven restaurant franchises. More and more professionally trained chefs and celebrity chefs are focusing on utilizing the expansion opportunities offered by fast-casual formats and franchising, which has resulted in an increase in chef-driven dining-out establishments. Additionally, chefs with formal training offer increasingly creative menus and exclusive dishes to satiate the palates of the expanding taste- and health-conscious Millennials.
However, factors such as fluctuations in raw material prices will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read Sample Report right now!
The dining out market report is segmented by Type (restaurants and drinking establishments) and Geography (APAC, North America, Europe, South America, and MEA). APAC will account for 46% of market growth. The largest dining-out market in APAC is China. This region's market will grow less quickly than the markets in any other region. Over the projection period, the expansion of the dining-out market in APAC would be aided by the increase of restaurants globally.
View the sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
-
- 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.
- Jack in the Box Inc.
- Jollibee Foods Corp.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Dining Out Market Segmentation
The restaurant sector's market share will expand significantly. QSRs and full-service restaurants are both included in this segment. In contrast to quick-service restaurants (QSRs), full-service restaurants are sit-down establishments where food is delivered right to the customer's table. The segment will grow during the projection period as a result of factors like the rise in full-service eateries and the addition of new foods to menus.
- Type
- Restaurants
- Drinking Establishments
- Geographic Landscape
- APAC
- North America
- Europe
- South America
- MEA
Do reach out to our analysts for more customized reports as per your requirements. Buy Now!
Related Reports:
Specialty Coffee Shops Market: The specialty coffee shops' market share is expected to increase by USD 68.59 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.02%. Download Sample Report.
Fast Casual Restaurants Market: The fast-casual restaurants market share is expected to increase by USD 186.27 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.41%. Download Sample Report.
Dining Out Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 52.96% |
Market growth 2021-2025 |
$ 1.83 tn |
Market structure |
Fragmented |
YoY growth (%) |
172.02 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 46% |
Key consumer countries |
China, US, Canada, Japan, and Italy |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
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., Jack in the Box Inc. , and Jollibee Foods Corp. |
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 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 Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Restaurant market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 15: Type - Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 16: Comparison by Type
- 5.3 Restaurants - Market size and forecast 2020-2025
- Exhibit 17: Restaurants - Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: Restaurants - Year-over-year growth 2020-2025 (%)
- 5.4 Drinking establishments - Market size and forecast 2020-2025
- Exhibit 19: Drinking establishments - Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: Drinking establishments - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Type
- Exhibit 21: Market opportunity by Type
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 25: APAC - Market size and forecast 2020-2025 ($ billion)
- Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ billion)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 ($ billion)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 38: Vendor landscape
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Brinker International Inc.
- Exhibit 43: Brinker International Inc. - Overview
- Exhibit 44: Brinker International Inc. - Business segments
- Exhibit 45: Brinker International Inc. - Key offerings
- Exhibit 46: Brinker International Inc. - Segment focus
- 10.4 Chick-fil-A Inc.
- Exhibit 47: Chick-fil-A Inc. - Overview
- Exhibit 48: Chick-fil-A Inc. - Product and service
- Exhibit 49: Chick-fil-A Inc. - Key offerings
- 10.5 Chipotle Mexican Grill Inc.
- Exhibit 50: Chipotle Mexican Grill Inc. - Overview
- Exhibit 51: Chipotle Mexican Grill Inc. - Business segments
- Exhibit 52: Chipotle Mexican Grill Inc. - Key news
- Exhibit 53: Chipotle Mexican Grill Inc. - Key offerings
- Exhibit 54: Chipotle Mexican Grill Inc. - Segment focus
- 10.6 Del Taco Restaurants Inc.
- Exhibit 55: Del Taco Restaurants Inc. - Overview
- Exhibit 56: Del Taco Restaurants Inc. - Business segments
- Exhibit 57: Del Taco Restaurants Inc. - Key offerings
- Exhibit 58: Del Taco Restaurants Inc. - Segment focus
- 10.7 Doctors Associates LLC
- Exhibit 59: Doctors Associates LLC - Overview
- Exhibit 60: Doctors Associates LLC - Product and service
- Exhibit 61: Doctors Associates LLC - Key offerings
- 10.8 Dominos Pizza Inc.
- Exhibit 62: Dominos Pizza Inc. - Overview
- Exhibit 63: Dominos Pizza Inc. - Business segments
- Exhibit 64: Dominos Pizza Inc. - Key news
- Exhibit 65: Dominos Pizza Inc. - Key offerings
- Exhibit 66: Dominos Pizza Inc. - Segment focus
- 10.9 Godfathers Pizza Inc.
- Exhibit 67: Godfathers Pizza Inc. - Overview
- Exhibit 68: Godfathers Pizza Inc. - Product and service
- Exhibit 69: Godfathers Pizza Inc. - Key offerings
- 10.10 Inspire Brands Inc.
- Exhibit 70: Inspire Brands Inc. - Overview
- Exhibit 71: Inspire Brands Inc. - Product and service
- Exhibit 72: Inspire Brands Inc. - Key news
- Exhibit 73: Inspire Brands Inc. - Key offerings
- 10.11 Jack in the Box Inc.
- Exhibit 74: Jack in the Box Inc. - Overview
- Exhibit 75: Jack in the Box Inc. - Product and service
- Exhibit 76: Jack in the Box Inc. - Key news
- Exhibit 77: Jack in the Box Inc. - Key offerings
- 10.12 Jollibee Foods Corp.
- Exhibit 78: Jollibee Foods Corp. - Overview
- Exhibit 79: Jollibee Foods Corp. - Product and service
- Exhibit 80: Jollibee Foods Corp. - Key offerings
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 81: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 82: Research Methodology
- Exhibit 83: Validation techniques employed for market sizing
- Exhibit 84: Information sources
- 11.4 List of abbreviations
- Exhibit 85: List of abbreviations
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SOURCE Technavio
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