The concept of fast casual restaurants primarily started in the United States and Canada. Fast casual restaurant does not offer full table service but advertises higher quality food as compared to fast-food restaurants, with fewer frozen or processed ingredients. It is an intermediate concept between casual dining and fast food. Fast casual restaurants offer freshly-prepared, higher-quality food in an informal setting, with counter service to keep things speedy. The fast-casual concept incorporates relative affordability with high-quality ingredients. The menus of fast casual restaurants feature more natural ingredients, fresh vegetables and fruits, and customized selections.
MARKET DYNAMICS
The fast casual restaurant market has witnessed significant growth owing to factors such as the increasing number of fast-casual restaurants in developed and developing countries and the busy lifestyle of consumers. The significant shift of consumers toward healthy, natural, and freshly prepared food provides huge market opportunities for the key players in the market. However, the high cost of food offered by fast casual restaurant as compared to quick-service restaurants is projected to hamper the overall growth of the fast casual restaurant market.
MARKET SCOPE
The "Global Fast Casual Restaurant Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fast casual restaurant market with detailed market segmentation by type, mode of operation, nature and geography. The global fast casual restaurant market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fast casual restaurant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fast casual restaurant market is segmented on the basis of type, mode of operation, and nature. On the basis of type, the fast casual restaurant market is segmented into burger/sandwich, pizza/pasta, asian/latin american food, chicken, and others. Based on mode of operation the market is segmented into dine-in and takeaway. On the basis of nature, the fast casual restaurant market is segmented into franchised and standalone.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fast casual restaurant market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fast casual restaurant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the fast casual restaurant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fast casual restaurant market in these regions.
MARKET PLAYERS
The reports cover key developments in the fast casual restaurant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fast casual restaurant market are anticipated to lucrative growth opportunities in the future with the rising demand for fast casual restaurant in the global market. Below mentioned is the list of few companies engaged in the fast casual restaurant market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fast casual restaurant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Chipotle Mexican Grill
- EXKi SA
- Famous Brand
- Firehouse Restaurant Group, Inc.
- FIVE GUYS
- Panda Restaurant Group, Inc.
- Mexican Grill Ltd.
- Zaxby's Franchising LLC
- Wingstop Restaurants, Inc.
- Godfather's Pizza, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.