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Fast Casual Restaurants Market to Reach USD 132.2 Billion in 2022: Evolve Business Intelligence Study

05-16-2023 06:04 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Evolve Business Intelligence

Fast Casual Restaurants Market to Reach USD 132.2 Billion

As per the study initiated by Evolve Business Intelligence, the global Fast Casual Restaurants Market size accounted for USD 132.2 Billion in 2022, growing at a CAGR of 11.2% from 2023 to 2033. Fast casual restaurants are a relatively new type of restaurant that offers higher quality food than fast food restaurants but with faster service and lower prices than traditional sit-down restaurants. They are known for providing a comfortable and casual dining experience and often offer healthier options than traditional fast food chains. The fast-casual restaurant market is driven by several factors, including the rising demand for healthy and convenient food options, increasing consumer preference for premium quality food, and the growth of urbanization and the middle-class population. Additionally, technological advancements in restaurant management systems and the rise of digital ordering platforms have also contributed to the growth of the fast-casual restaurant market.
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Key Highlights:
• The global Fast Casual Restaurants Market size was valued at USD 132.2 billion in 2022 growing at a CAGR of 11.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Fast Casual Restaurants Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Fast Casual Restaurants Market report also includes the following data points:
• COVID19 Impact on Fast Casual Restaurants Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Fast Casual Restaurants Market
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Key Players
Some of the major Fast Casual Restaurants Market players holding high market share include CHIPOTLE MEXICAN GRILL INC., EXKI SA, FAMOUS BRANDS LIMITED and Firehouse Restaurant Group, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• CHIPOTLE MEXICAN GRILL INC.
• EXKI SA
• FAMOUS BRANDS LIMITED
• Firehouse Restaurant Group Inc.
• FIVE GUYS ENTERPRISES LLC.
• ERBERT & GERBERT'S SANDWICH SHOP
• PANDA RESTAURANT GROUP. INC.
• Mexican Grill Ltd.
• ZAXBY'S FRANCHISING LLC.
• WINGSTOP INC.
Segmental Analysis
Market Segment By Food Type with focus on market share, consumption trend, and growth rate of Fast Casual Restaurants Market:
o Burger/Sandwich
o Pizza/Pasta
o Asian/Latin American Food
o Chicken
Market Segment By Mode of operation with focus on market share, consumption trend, and growth rate of Fast Casual Restaurants Market:
o Dine-In
o Takeaway
Parameters Details
Market Size (2022) $ 132.2 Billion
CAGR (2023 to 2033) 11.2%
Market Segmentation Food Type, Mode of operation
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019323
Global Fast Casual Restaurants Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a 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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