Press release
Quick Service Restaurants Market in the US Will Hit At CAGR Of 3.03% During Years 2017-2021
The concept of quick service restaurants was first introduced in the US. These restaurants are gradually becoming convenient places for teenagers, families, and young working professionals to socialize. Few of the popular industry products are burgers, sandwiches, Mexican cuisine, pizza and pasta, chicken, and Asian cuisine. In quick service restaurants, the demand for food customization is increasing. Thus, customers are given the option to design their meals according to their tastes and dietary requirements. For instance, at Subway, consumers can choose their own bread and vegetables to be added to the sub sandwich. In addition, the rising demand for on-the-go food will contribute significantly to the market growth during the forecast period. However, a major challenge for the market growth is the price fluctuation of raw materials such as sugar, dairy products, and meat. This often results in unstable prices of products offered by quick service restaurants in the US. Various innovations in packaging, the introduction of nutritious food products such as low-fat dairy products, and reduced utilization of artificial colors and other food additives will lead to the steady growth of this market during the forecast period.
Technavios analysts forecast the quick service restaurants market in the US to grow at a CAGR of 3.03% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the quick service restaurants market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of food and beverages at quick service restaurants in the US through different service types.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Quick Service Restaurants Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Chick-fil-A
Dominos Pizza
McDonalds
Restaurant Brand International
SUBWAY
Other prominent vendors
Arbys IP Holder
Autogrill
Carl's Jr. Restaurants
Cajun Operating Company
AM.D.Q.
Del Taco
In-N-Out Burgers
JACK IN THE BOX
Jollibee Foods Corporation
Little Caesar Enterprises
Papa John's International
AMERICA'S DRIVE-IN BRAND PROPERTIES
TELEPIZZA
Whataburger
White Castle Management
Market driver
Growing innovation and customization in food menu
For a full, detailed list, view our report
Market challenge
Rising preference for home-cooked food
For a full, detailed list, view our report
Market trend
Increasing innovations in food packaging
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market size and forecast - Quick service restaurants market in the US
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY SERVICE TYPE
Quick service restaurants market in the US by service type
Comparison by service type
Quick service restaurants market in the US by eat-in service
Quick service restaurants market in the US by takeaway service
Quick service restaurants market in the US by drive-thru service
Quick service restaurants market in the US by home delivery service
Market opportunity by service type
PART 09: MARKET SEGMENTATION BY PRODUCT
Quick service restaurants market in the US by product menu type
Comparison by product menu type
Quick service restaurants market in the US by food
Quick service restaurants market in the US by beverage
Market opportunity by product menu type
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Increasing innovations in food packaging
Growing use of mobile applications
Increasing innovation and customization of menu
PART 13: VENDOR LANDSCAPE
Vendor landscape
PART 14: VENDOR ANALYSIS
Vendor overview
Chick-fil-A
Domino's Pizza
McDonald's
Restaurant Brand International
SUBWAY
Other prominent vendors
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