Connect with us

Tech

Market size of fast casual restaurants will increase by US $ 150.1 billion | Market Research Insights highlights demand for food menu innovation and customization as a key driver

Published

on

 


ViewFREESample: Additional highlights and key points for different market segments, and their impact over the next few years.

Vendor insight

The global fast casual restaurant market is fragmented due to the presence of multiple global and regional players. Vendors are adopting different growth strategies to compete in the market. Some strategies include mergers and acquisitions and the introduction of new and innovative products. For example, in October 2019, Potbelly Corp. partnered with Grubhub, the United States’ leading online and mobile food ordering and shipping market, to support the expansion of shipping services across more than 450 locations. Was announced. In January 2020, Chipotle Mexican Grill Inc. launched a super green salad mix made from hand-cut romaine, antioxidant-rich baby kale, and crispy baby spinach.

The report analyzes the competitive landscape of the market and provides information on several market vendors, including:

Chipotle Mexican Grill Inc. Firehouse Restaurant Group Inc. Noodles & Co. PandaRestaurant Group Inc. Potbelly Corp. Shake Shack Inc. YUM! Brands Inc.

Find additional highlights about the growth strategies adopted by the vendor and its product offerings. ReadFreeSample report.

Geographic market analysis

North America is the largest market for fast casual restaurants, accounting for 44% of the global market share. As consumers become more aware of the benefits of consuming natural and perishable ingredients in the Canadian market, there is constant innovation and food menu redesign throughout fast casual restaurants. This encourages vendors in the region to focus on adding healthy, gluten-free food options, including vegetarian and vegan foods, to their food menus. Countries such as the United States, China, the United Kingdom, Germany and Canada are expected to emerge as major markets for fast casual restaurants during the forecast period.

Learn more about the geographical distribution of this market, along with a detailed analysis of the top regions. www.technavio.com/ report / fast-casual-restaurants-market-industry-analysis

Key market drivers and challenges:

Key driver:

The market is driven by growing demand for food menu innovation and customization. In addition, factors such as increased demand for gluten-free diets and the introduction of healthy diets into food menus will have a positive impact on market growth during the forecast period.

Main challenges:

Intensifying competition with quick service restaurants will be a major challenge for vendor growth. Also, the need to comply with strict regulations and guidelines and fluctuations in food prices reduces growth opportunities.

Check out our free sample for highlights of market trends and challenges that impact the fast casual restaurant market.

Customize the report

Don’t miss the opportunity to talk to analysts and gain more insights into this market report. Our analysts can also customize this report to suit their needs. Our analysts and industry experts work directly with you to understand your requirements and provide customized data in a short amount of time.

We offer free customization worth US $ 1,000 at the time of purchase. Talk to an analyst now.

Market value chain analysis for fast casual restaurants

It contains the following core components:

Input Inbound Logistics Operations Outbound Logistics Marketing and Sales Service Support Activities Innovation

Related report:

Quick Service by Service and Geography Restaurant Market-Forecasting and Analysis 2021-2025

Product and Geographic Fast Food Market-Forecasting and Analysis 2021-2025

Market range for fast casual restaurants

Report coverage

detail

page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum and CAGR

Accelerate with a CAGR of 12% or higher

Market growth 2019-2024

US $ 150.1 billion

Market structure

Fragmentation

Year-on-year growth rate (%)

10.71% in 2020

Regional analysis

North America, Europe, APAC, South America, and MEA

Executing market contribution

44% in North America

Major consuming countries

USA, China, UK, Germany, Canada

Competitive landscape

Scope of big companies, competitive strategies, consumer engagement

Profiled company

Chipotle Mexican Grill Inc., Firehouse Restaurant Group Inc., Noodles & Co., Panda Restaurant Group Inc., Potbelly Corp., Shake Shack Inc., and YUM! Brands Inc.

Market dynamics

Parent market analysis, market growth incentives and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market conditions analysis for forecast periods.

Scope of customization

If your report does not contain the data you are looking for, you can contact an analyst to customize the segment.

about us:

Technavio is a world-leading technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies for optimizing their position in the market. Provide. With over 500 professional analysts, Technavio’s report library consists of over 17,000 reports and counts covering 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and compete within changing market scenarios. Evaluate the power.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]Website: www.technavio.com/

Source Technavio

Related Links

http://www.technavio.com

Sources

1/ https://Google.com/

2/ https://www.prnewswire.com/news-releases/fast-casual-restaurants-market-size-to-grow-by-usd-150-10-bn–market-research-insights-highlight-demand-for-innovation-and-customization-in-food-menus-as-key-driver–technavio-301428319.html

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]