Press release
US Quick Service Restaurants Market: Industry Size, Share, Growth, Forecasts 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.
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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
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.
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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
Complete Report Details @ https://www.marketresearchreports.biz/reports/1476134/quick-service-restaurants-in-the-market-research-reports
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?
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