Quick Service Restaurants Market in the US 2017-2021

MRC Announces the Publication of its Research Report – Quick Service Restaurants Market in the US 2017-2021

MRC recognizes the following companies as the key players in the quick service restaurants market in the US: Chick-fil-A, Domino’s Pizza, McDonald’s, Restaurant Brand International, and SUBWAY.

Other Prominent Vendors in the market are: Arby’s 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, and White Castle Management.

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Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Increasing innovations in food packaging. Owing to the increasing focus on sustainability, vendors have started adopting new packaging designs. Environment-friendly productions and solutions ensure a reduction in global warming. Quick service restaurant owners develop innovative and sustainable packaging solutions for branding, which, in turn, help increase footfall.”

According to the report, one of the major drivers for this market is Growing innovation and customization in food menu. Customers at quick service outlets prefer fresh flavors and are willing to try existing food products with new exotic flavors. The millennials, i.e., the people aged between 20 and 35 years, are the key consumers of fast food and are inclined to taste new cuisines.

Further, the report states that one of the major factors hindering the growth of this market is Rising preference for home-cooked food. With the rising health consciousness among consumers, the popularity of fresh food and home-cooked meals is growing as they offer nutrition and are free from artificial ingredients such as taste enhancers and allergens. The factors that drive the consumption of fast food have been altered from tasty and affordable to nutritious, minimally processed, and organic.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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