Market Overview:
The global fast casual restaurants market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and convenient food options, rising disposable income, and growing urbanization. The global fast casual restaurants market is segmented on the basis of type into North American cuisine, Italian cuisine, Mexican cuisine, and other cuisines. The North American cuisine segment is expected to dominate the global fast casual restaurants market in terms of revenue share during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for healthy food options in this region. The Italian cuisine segment is projected to grow at a high CAGR during the forecast period from 2018 to 2030 owing to its popularity among consumers across different regions globally. On the basis of application,the global fast casual restaurantsmarket is divided into online meal orderingand offline meal ordering segments.
Product Definition:
Fast Casual Restaurants are restaurants that provide a quick service and casual dining experience. The food is typically made to order and the restaurants often have a limited menu. Fast Casual Restaurants are important because they offer an affordable alternative to fast food chains and more expensive full-service restaurants.
North American Cuisine:
North American cuisine is the style of cooking derived from Mexico and the U.S. North America being a large land mass has been influencing cuisines across the world with its unique flavors and styles of cooking which are now called as fast food. The major factor responsible for fast-food restaurants thriving in this region is their adaptability to local ingredients, availability of resources, and demand from customers.
Italian Cuisine:
The Italian cuisine is one of the most popular and rich traditional food cultures in the world. It has a very special place in the heart of people all over the globe. The cuisines from Italy have been adopted by many countries around the world, especially those who have Italian immigrants as their ancestors. Over time, this cuisine has evolved with new flavors and ingredients from other regions having an influence on it's formation.
Application Insights:
Offline ordering accounted for more than 70.0% of the revenue share in 2017 owing to the fact that majority of consumers prefer dining out at restaurants, which are convenient and easy to access. Offline restaurants have a tendency of serving busy people best suited food as it is quick and easy to prepare. Fast casual restaurants cater mostly to working professionals who have hectic office schedules but still want good food without having to cook at home or go out for lunch every day.
Online ordering is expected register significant growth over the forecast period owing fast casuals' increasing penetration in countries like India, China, Vietnam and Australia among others where online shopping has become popular due largely on increased internet accessibility coupled with rising disposable income levels among consumers thereon.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to high consumer awareness and acceptance of online ordering channels. Moreover, factors such as increasing number of international fast casual restaurants and rising adoption of western food are projected to further boost regional growth.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels, changing eating habits, growing population, and rapid urbanization in emerging economies including China and India. Furthermore, a large number of international players are investing in this region due to availability of untapped opportunities for expansion at a relatively lower cost as comparedto other developed regions like Europe or North America.
Growth Factors:
- Increasing urbanization: The trend of rapid urbanization is expected to continue in the coming years, which will create more opportunities for fast casual restaurants. As people move to cities, they are increasingly looking for convenient and affordable dining options, which fast casual restaurants can provide.
- Rising disposable income: With rising incomes, consumers are increasingly able to afford premium dining experiences such as those offered by fast casual restaurants. In addition, as more people become aware of the benefits of healthy eating, they are likely to shift their spending towards healthier food options like those offered by fast casual restaurants.
- Changing demographics: The demographics of the population are changing rapidly with a growing number of millennials and baby boomers entering the workforce and spending power respectively. This presents a major opportunity for fast casual restaurant chains that can cater to these groups’ unique needs and preferences with innovative menu offerings and marketing strategies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fast Casual Restaurants Market Research Report
By Type
North American Cuisine, Italian Cuisine, Mexican Cuisine, Other
By Application
Online Meal Ordering, Offline Meal Ordering
By Companies
Chipotle Mexican Grill, Firehouse Restaurant Group (Firehouse Subs), Five Guys Holdings, Panda Restaurant Group (Panda Express), Panera Bread, Blaze Pizza, Dickey's Barbecue, Godfather's Pizza, LYKE Kitchen, MOD Pizza LLC, Noodles & Company, Pie Five Pizza, PizzaRev, Potbelly Sandwich Works, Shake Shack, Smashburger, Sweetgreen, Uncle Maddio's Pizza Joint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Fast Casual Restaurants Market Report Segments:
The global Fast Casual Restaurants market is segmented on the basis of:
Types
North American Cuisine, Italian Cuisine, Mexican Cuisine, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Meal Ordering, Offline Meal Ordering
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chipotle Mexican Grill
- Firehouse Restaurant Group (Firehouse Subs)
- Five Guys Holdings
- Panda Restaurant Group (Panda Express)
- Panera Bread
- Blaze Pizza
- Dickey's Barbecue
- Godfather's Pizza
- LYKE Kitchen
- MOD Pizza LLC
- Noodles & Company
- Pie Five Pizza
- PizzaRev
- Potbelly Sandwich Works
- Shake Shack
- Smashburger
- Sweetgreen
- Uncle Maddio's Pizza Joint
Highlights of The Fast Casual Restaurants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- North American Cuisine
- Italian Cuisine
- Mexican Cuisine
- Other
- By Application:
- Online Meal Ordering
- Offline Meal Ordering
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fast Casual Restaurants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fast casual restaurants are a type of restaurant that typically offers quick service with limited seating. These restaurants often serve food that is prepared quickly and served on disposable plates.
Some of the major players in the fast casual restaurants market are Chipotle Mexican Grill, Firehouse Restaurant Group (Firehouse Subs), Five Guys Holdings, Panda Restaurant Group (Panda Express), Panera Bread, Blaze Pizza, Dickey's Barbecue, Godfather's Pizza, LYKE Kitchen, MOD Pizza LLC, Noodles & Company, Pie Five Pizza, PizzaRev, Potbelly Sandwich Works, Shake Shack, Smashburger, Sweetgreen, Uncle Maddio's Pizza Joint.
The fast casual restaurants market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fast Casual Restaurants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fast Casual Restaurants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fast Casual Restaurants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fast Casual Restaurants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fast Casual Restaurants Market Size & Forecast, 2020-2028
4.5.1 Fast Casual Restaurants Market Size and Y-o-Y Growth
4.5.2 Fast Casual Restaurants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 North American Cuisine
5.2.2 Italian Cuisine
5.2.3 Mexican Cuisine
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Meal Ordering
6.2.2 Offline Meal Ordering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fast Casual Restaurants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fast Casual Restaurants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 North American Cuisine
9.6.2 Italian Cuisine
9.6.3 Mexican Cuisine
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Meal Ordering
9.10.2 Offline Meal Ordering
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 North American Cuisine
10.6.2 Italian Cuisine
10.6.3 Mexican Cuisine
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Meal Ordering
10.10.2 Offline Meal Ordering
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 North American Cuisine
11.6.2 Italian Cuisine
11.6.3 Mexican Cuisine
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Meal Ordering
11.10.2 Offline Meal Ordering
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 North American Cuisine
12.6.2 Italian Cuisine
12.6.3 Mexican Cuisine
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Meal Ordering
12.10.2 Offline Meal Ordering
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 North American Cuisine
13.6.2 Italian Cuisine
13.6.3 Mexican Cuisine
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Meal Ordering
13.10.2 Offline Meal Ordering
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fast Casual Restaurants Market: Competitive Dashboard
14.2 Global Fast Casual Restaurants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chipotle Mexican Grill
14.3.2 Firehouse Restaurant Group (Firehouse Subs)
14.3.3 Five Guys Holdings
14.3.4 Panda Restaurant Group (Panda Express)
14.3.5 Panera Bread
14.3.6 Blaze Pizza
14.3.7 Dickey's Barbecue
14.3.8 Godfather's Pizza
14.3.9 LYKE Kitchen
14.3.10 MOD Pizza LLC
14.3.11 Noodles & Company
14.3.12 Pie Five Pizza
14.3.13 PizzaRev
14.3.14 Potbelly Sandwich Works
14.3.15 Shake Shack
14.3.16 Smashburger
14.3.17 Sweetgreen
14.3.18 Uncle Maddio's Pizza Joint
