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Fast Casual Restaurants Market Size to Grow by USD 186.27 Bn, Chipotle Mexican Grill Inc. and Godfather's Pizza Inc. Among Key Vendors - Technavio

Global Fast Casual Restaurants Market 2022-2026

News provided by

Technavio

Nov 10, 2022, 02:00 ET

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NEW YORK, Nov. 10, 2022 /PRNewswire/ -- The fast casual restaurants market size is expected to grow by USD 186.27 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 12.41% during the forecast period. The fast casual restaurants market is driven by the demand for innovation and customization in food menus. In addition, the rise in popularity of chef-driven fast-casual restaurant franchises will be a key trend in the market during the forecast period. Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

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Technavio has announced its latest market research report titled Global Fast Casual Restaurants Market 2022-2026
Technavio has announced its latest market research report titled Global Fast Casual Restaurants Market 2022-2026

Major Fast Casual Restaurants Companies and their Offerings

  • Chipotle Mexican Grill Inc. - The company offers burritos, burrito bowls, quesadillas, salads, tacos, sides, and drinks.
  • Godfather's Pizza Inc. - The company offers pizzas in sizes such as mini, individual, small, medium large, and jumbo.
  • Panda Restaurant Group Inc. - The company offers food where the menu is inspired by the flavors of Mandarin and Sichuan cuisines.
  • Shake Shack Inc. - The company offers various types of snacks, including hot dogs, burgers, pizzas, pasta, and noodles.
  • The Wendy's Co. - The company offers hamburgers, chicken nuggets, salads, fries, drinks, croissants, and biscuits.
  • DICKEY'S BARBECUE RESTAURANTS Inc.
  • Erbert & Gerbert's Sandwich Shop
  • EXKi SA
  • Famous Brands Ltd.
  • Firehouse Restaurant Group Inc.
  • Five Guys Enterprises LLC
  • LYKE Kitchen
  • McAlister's Franchisor SPV LLC
  • MOD Super Fast Pizza LLC
  • Noodles & Co.
  • PORTILLOS Inc.
  • Potbelly Corp.
  • Smashburger Servicing LLC
  • Wingstop Inc.
  • YUM Brands Inc.

Get lifetime access to our Technavio Insights! Subscribe to our Basic Plan billed annually at USD 5000

Fast Casual Restaurants Market Product Outlook (Revenue, USD billion, 2021-2026)

  • North American - size and forecast 2021-2026
  • Italian - size and forecast 2021-2026
  • Mexican - size and forecast 2021-2026
  • Others - size and forecast 2021-2026

Fast Casual Restaurants Market Geography Outlook (Revenue, USD billion, 2021-2026)

  • North America - size and forecast 2021-2026
  • APAC - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • South America - size and forecast 2021-2026
  • Middle East and Africa - size and forecast 2021-2026

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Product Segment

The North American segment will be a significant contributor to market growth during the forecast period. Approximately one-third of children and teenagers in the US regularly consume burgers, sandwiches, or other quick-serve foods. Hence, fast-casual restaurants in the US are incorporating many healthy meal options, which will drive the growth of this segment during the forecast period.

Market Driver

The demand for innovation and customization in food menus is driving market growth. Customers prefer foods with new and varied flavors. They prefer the option to customize their menu choices according to their tastes. Thus, several vendors are offering innovative and customizable food menus to attract customers. With the rising demand for innovative and customizable foods, the global fast-casual restaurants market is expected to grow significantly during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. Buy Now for detailed information about market dynamics

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Quick Service Restaurants Market by Service and Geography - Forecast and Analysis 2022-2026: Innovations in packaging and serving of food are a trend in the market. Packaging is often considered to be an extension of brand value. Therefore, the packaging of any brand is important in generating interest and curiosity among consumers.

Foodservice Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The emergence of ghost kitchens is a trend in the market. Ghost kitchens contain the kitchen equipment and facilities needed for the preparation of meals and other food items but have no dining area. These kitchens have emerged as a business model due to the rapid increase in consumer demand for food delivery.

Fast Casual Restaurants Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.41%

Market growth 2022-2026

USD 186.27 billion

Market structure

Fragmented

YoY growth (%)

11.39

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Chipotle Mexican Grill Inc., DICKEY'S BARBECUE RESTAURANTS Inc., Erbert & Gerbert's Sandwich Shop, EXKi SA, Famous Brands Ltd., Firehouse Restaurant Group Inc., Five Guys Enterprises LLC, Godfather's Pizza Inc., LYKE Kitchen, McAlister's Franchisor SPV LLC, MOD Super Fast Pizza LLC, Noodles & Co., Panda Restaurant Group Inc., PORTILLOS Inc., Potbelly Corp., Shake Shack Inc., Smashburger Servicing LLC, The Wendy's Co., Wingstop Inc., and YUM Brands Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Table of Contents

1 Executive Summary

1.1 Market overview  

2 Market Landscape  

2.1 Market ecosystem

3 Market Sizing          

3.1 Market definition  

3.2 Market segment analysis

3.3 Market size 2021 

3.4 Market outlook: Forecast for 2021-2026 

4 Five Forces Analysis          

4.1 Five forces summary       

4.2 Bargaining power of buyers        

4.3 Bargaining power of suppliers     

4.4 Threat of new entrants     

4.5 Threat of substitutes        

4.6 Threat of rivalry   

4.7 Market condition  

5 Market Segmentation by Product   

5.1 Market segments 

5.2 Comparison by Product   

5.3 North American  - Market size and forecast 2021-2026 

5.4 Italian - Market size and forecast 2021-2026      

5.5 Mexican - Market size and forecast 2021-2026  

5.6 Others - Market size and forecast 2021-2026     

5.7 Market opportunity by Product    

6 Customer Landscape         

6.1 Customer landscape overview    

7 Geographic Landscape      

7.1 Geographic segmentation           

7.2 Geographic comparison  

7.3 North America - Market size and forecast 2021-2026    

7.4 APAC - Market size and forecast 2021-2026      

7.5 Europe - Market size and forecast 2021-2026    

7.6 South America - Market size and forecast 2021-2026    

7.7 Middle East and Africa - Market size and forecast 2021-2026   

7.8 US - Market size and forecast 2021-2026           

7.9 China - Market size and forecast 2021-2026      

7.10 UK - Market size and forecast 2021-2026         

7.11 Germany - Market size and forecast 2021-2026           

7.12 Canada - Market size and forecast 2021-2026 

7.13 Market opportunity by geography          

8 Drivers, Challenges, and Trends    

8.1 Market drivers      

8.2 Market challenges

8.3 Impact of drivers and challenges 

8.4 Market trends       

9 Vendor Landscape  

9.1 Overview 

9.2 Vendor landscape

9.3 Landscape disruption       

9.4 Industry risks       

10 Vendor Analysis    

10.1 Vendors covered

10.2 Market positioning of vendors   

10.3 Chipotle Mexican Grill Inc.        

10.4 Firehouse Restaurant Group Inc.          

10.5 Godfather's Pizza Inc.   

10.6 McAlister's Franchisor SPV LLC           

10.7 Noodles & Co.   

10.8 Panda Restaurant Group Inc.   

10.9 Potbelly Corp.    

10.10 Shake Shack Inc.        

10.11 The Wendy's Co.         

10.12 YUM Brands Inc.         

11 Appendix   

11.1 Scope of the report        

11.2 Inclusions and exclusions checklist      

11.3 Currency conversion rates for US$       

11.4 Research methodology 

11.5 List of abbreviations       

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 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 assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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