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

Fast Casual Restaurants Market Size Expected to Grow by USD 186.27 Billion, Chipotle Mexican Grill Inc. and Godfather’s Pizza Inc. Among Key Vendors – Technavio

NEW YORK, November 10, 2022 /PRNewswire/ — The size of the fast casual restaurant market is expected to grow by $186.27 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 12.41% during the forecast period. The fast casual restaurant market is driven by the demand for innovation and personalization of food menus. Also, the growing popularity of chef-led fast food franchises will be a key market trend during the forecast period. Technavio provides a comprehensive summary of the report outlining the market size and forecast along with the research methodology. The sample report is available in PDF format

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

Top Casual Fast Food Companies and Their Offerings

  • Chipotle Mexican Grill Inc. – The company offers burritos, burrito bowls, quesadillas, salads, tacos, sides and beverages.

  • 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 a cuisine whose menu is inspired by the flavors of Mandarin and Sichuan kitchens.

  • Shake Shack Inc. – The company offers different types of snacks including hot dogs, burgers, pizza, pasta and noodles.

  • The Wendy’s Co. – The company offers burgers, chicken nuggets, salads, fries, drinks, croissants and cookies.

  • BARBECUE RESTAURANTS DICKEY Inc.

  • Sandwich shop Erbert & Gerbert

  • EXKi SA

  • Famous Brands Ltd.

  • Firehouse Restaurant Group Inc.

  • Five Guys Enterprises LLC

  • Kitchen LYKE

  • Franchisor McAlister SPV LLC

  • MOD Super Fast Pizza LLC

  • Noodles & Co.

  • PORTILLOS Inc.

  • Potbelly Corp.

  • Smashburger Service LLC

  • Wingstop Inc.

  • YUM Brands Inc.

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

  • North America – size and forecast 2021-2026

  • Italian – size and forecast 2021-2026

  • Mexican – size and forecast 2021-2026

  • Others – size and forecast 2021-2026

Geographical Outlook of the Fast Casual Restaurants Market (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

Discover the contribution of each segment summarized in concise infographics and detailed descriptions. See a sample FREE PDF report

Revenue-generating product segment

The North American will be a significant contributor to the growth of the market over the forecast period. About one-third of children and teens in the United States regularly eat burgers, sandwiches, or other fast food. Hence, fast-casual restaurants in the United States incorporate many healthy meal options, which will drive the growth of this segment over the forecast period.

market engine

The demand for innovation and personalization in food menus is driving the growth of the market. Customers prefer foods with new and varied flavors. They prefer the ability to customize their menu choices to suit their tastes. Thus, several vendors offer innovative and customizable food menus to attract customers. With the growing demand for innovative and customizable foods, the global fast food market is expected to grow significantly over the forecast period.

Technavio has identified key market trends, drivers, and challenges, which will help vendors improve their strategies to stay ahead of their competition. Buy now for detailed information on market dynamics

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

Catering Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The emergence of ghost kitchens is a market trend. Ghost kitchens contain cooking equipment and facilities needed to prepare meals and other food items, but do not have a dining area. These kitchens have become a business model due to the rapid increase in consumer demand for food delivery.

Scope of the fast casual restaurant market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 12.41%

Market Growth 2022-2026

$186.27 billion

Market structure

Fragmented

Annual growth (%)

11:39

Regional analysis

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

Successful market contribution

North America at 44%

Main consumer countries

United States, Canada, China, United Kingdom and Germany

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

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 Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, and Status Analysis market for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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Contents

1. 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 Summary of the five forces

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 Status

5 Market Segmentation by Product

5.1 Market Segments

5.2 Comparison by product

5.3 North America – Market Size and Forecast 2021-2026

5.4 Italian – Market Size and Forecast 2021-2026

5.5 Mexico- 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 United States – 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 factors and challenges

8.4 Market trends

9 Supplier Landscape

9.1 Overview

9.2 Supplier Landscape

9.3 Landscape disturbance

9.4 Industrial risks

10 Vendor Analysis

10.1 Suppliers Covered

10.2 Supplier Market Positioning

10.3 Chipotle Mexican Grill Inc.

10.4 Firehouse Restaurant Group Inc.

10.5 Godfather’s Pizza Inc.

10.6 McAlister SPV LLC Franchisor

10.7 Noodles & Co.

10.8 Panda Restaurant Group Inc.

10.9 Potbelly Corp.

10.10 Shake Shack Inc.

10.11 The Wendy’s Company

10.12 Trademarks YUM Inc.

11 Appendix

11.1 Scope of the report

11.2 Checklist of inclusions and exclusions

11.3 Currency Conversion Rates for US Dollar

11.4 Research methodology

11.5 List of abbreviations

About Technavio

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Global Fast Casual Restaurants Market 2022-2026

Global Fast Casual Restaurants Market 2022-2026

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