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Navigating the Future: Restaurant Buildings Market Trends and Forecast Insights, 2025 Edition
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.Restaurant Buildings Market Size Growth Forecast: What to Expect by 2025?
In recent times, the restaurant buildings market has seen robust growth. The market size is projected to expand from $272.66 billion in 2024 to $291.8 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to the growth during the historic period include changing consumer dining habits, increasing urbanization and population density, economic development and disposable income, diverse and trending culinary choices, as well as the tourism and hospitality industry.
How Will the Restaurant Buildings Market Size Evolve and Grow by 2029?
The market size for restaurant buildings is anticipated to experience robust growth in the coming years. By 2029, it's projected to expand to $378.27 billion, with a compound annual growth rate (CAGR) of 6.7%. The expected growth during the forecast period can be credited to factors like health and wellness trends, sustainable practices, the incorporation of technology, adapting to evolving consumer behaviors, and urban regeneration. The forecast period is poised to observe major trends such as adaptable seating structures, health and safety protocols, biophilic design features, spaces dedicated to culinary experiences, and designs aimed at community engagement.
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What Drivers Are Propelling the Growth of Restaurant Buildings Market Forward?
The restaurant buildings market is anticipated to experience significant growth due to the rising demand for eateries. Factors such as growing interest in familial dining experiences, convenience meals, precooked dinners, and deli meats are contributing to the steady growth of this market. The fast-paced lifestyle of the millennial generation and the worldwide increase in the working demographic are influencing increased food consumption in restaurants, thus propelling the expansion of the restaurant building industry. As per a report from the Office for National Statistics, a UK-based official statistics authority, the total count of restaurants in the UK was noted at 101,785 in 2022, a rise from 95,060 in 2021. Consequently, the growing demand for restaurants is fuelling the expansion of the restaurant building market.
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Which Emerging Trends Are Transforming the Restaurant Buildings Market in 2025?
The primary trend emerging in the restaurant buildings market is the invention of new products. The main players in this market are concentrating on producing fresh and cutting-edge building technologies to consolidate their market standing. Luyten 3D, a commercial building and construction company from Australia known for utilizing 3D printing technology in building construction, launched the Platypus X12 concrete printer in October 2022. This AI-operated mobile concrete 3D printer, one of the largest worldwide, is specifically designed for the commercial building and construction sector. This printer can transform into a 12 x 6 mobile crane within just 20 minutes, making it capable of printing large structures. It uses optical and acoustic-based artificial intelligence for precision in concrete printing supported by data.
What Are the Key Segments in the Restaurant Buildings Market?
The restaurant buildings market covered in this report is segmented -
1) By Type Of Restaurant: Limited-Service Restaurants, Cafeterias, Buffets, Full-Service Restaurants, Ghost Restaurants
2) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment Types
3) By Building Construction Type: New Construction, Reconstruction And Renovation
Subsegments:
1) By Limited-Service Restaurants: Fast Food Restaurants, Fast Casual Restaurants, Coffee Shops, Snack Bars
2) By Cafeterias: School Cafeterias, Hospital Cafeterias, Corporate Cafeterias, College Cafeterias
3) By Buffets: All-You-Can-Eat Buffets, Specialty Buffets, International Buffets
4) By Full-Service Restaurants: Casual Dining, Fine Dining, Family Style Restaurants, Theme Restaurants
5) By Ghost Restaurants: Delivery-Only Concepts, Virtual Kitchen Brands, Cloud Kitchens
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Who Are the Key Players Shaping the Restaurant Buildings Market's Competitive Landscape?
Major companies operating in the restaurant buildings market include DESCCO Design & Construction Inc., Stovall Construction Inc., Tech 24 Construction Inc., Hilbers Inc., Hencken & Gaines Inc., RCA Contractors Inc., Shingobee Builders Inc., The Beam Team Inc., GCM Construction Inc., Prodigy Construction Company, BnK Construction LLC, Woodbine Construction Company, Power Construction Inc., China Pacific Construction Group Co. Ltd., AECOM Inc., Balfour Beatty plc, Bouygues Construction SA, China State Construction Engineering Corporation Limited, Fluor Corporation, Hochtief AG, Kier Group plc, Laing O'Rourke plc, Lendlease Group, Skanska AB, Turner Construction Company, Wates Group Limited, Whiting-Turner Contracting Company, Clark Construction Group LLC, Gilbane Building Company
What Geographic Markets Are Powering Growth in the Restaurant Buildings Market?
Asia-Pacific was the largest region in the restaurant buildings market in 2024. The regions covered in the restaurant buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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