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.
About Quick Service Restaurants
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.
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The quick service restaurants market in the US is estimated to grow at a CAGR of 3.03% during the period 2017-2021.
Covered in this report
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
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Key Vendors
• Chick-fil-A
• Domino’s Pizza
• McDonald’s
• Restaurant Brand International
• SUBWAY
Market Driver
• Growing innovation and customization in food menu
• For a full, detailed list, view our report
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
1. What will the market size be in 2021 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
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