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Rapid Expansion of Online Delivery Services is the Key Driver Expected to Boost the Fast Casual Restaurants Market
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Key players analyzed in the Global Fast-Casual Restaurants Market and Approach
• Chipotle Mexican Grill
• Erbert & Gerbert’s Sandwich Shop
• Panda Restaurant Group
• EXKi SA
• Zaxby's corporate
• Five Guys Holdings, Inc
• Roark Capital Group
• Tortilla Mexican Grill
• Firehouse Subs
• Famous Brands
The market leaders are involved in different strategic approach which includes partnership, merger and acquisitions, ventures, and new product development to gain an extra edge over their competitors. The players are also adopting post-COVID strategies to tackle the impact of the COVID-19 on their businesses.
COVID-19 scenario:
• The economic slowdown has led to supply chain disruption and has impacted almost every sector.
• The businesses operating in the Fast Casual Restaurants market have been positively obstructed due to the COVID-19 pandemic increased in the development of the market for 2020 and 2021.
• The government across the world is taking different initiatives to cope up with the slowdown of the economy by taking various relaxation measures.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
Segmentation and Scope Covered:
The global Fast Casual Restaurants market is based on food type, mode of operation, and nature.
• The global Fast Casual Restaurants market is based on the food type, the market is segmented as Burger/Sandwich, Pizza/Pasta, Asian/Latin American Food, Chicken, and Others.
• The global Fast Casual Restaurants market is based on the mode of operation, the market is segmented as Dine-In and Takeaway.
• The global Fast Casual Restaurants market is based on nature, the market is analyzed across the Franchised and Standalone.
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Global Fast Casual Restaurants Market Geographic Coverage:
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Middle East & Africa (GCC Countries, South Africa, Isreal, Turkey, Rest of Middle East & Africa)
• South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)
North America to account for the largest market size at a significant pace in the Global Fast-Casual Restaurants Market
Based on region, North America accounts for the market share in 2020 while Asia Pacific is expected to grow at the highest CAGR during the forecast period. This has been majorly due to the rapid expansion of online delivery services such as Uber eats, Swiggy, Zomato
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Identifying the Growth Opportunities of the Market:
In this competitive scenario, the businesses are focusing on creating a value-added impact in the market to sustain in the environment. The study published by Evolve Business Intelligence will provide a detailed analysis of the growth opportunities and identifying products/ services through which the companies can expand and create a value-added results in the market.
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About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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