Fast Casual Restaurant Trends and Forecast
The future of the global fast casual restaurant market looks promising with opportunities in the online meal ordering and offline meal ordering markets. The global fast casual restaurant market is expected to reach an estimated $251.9 billion by 2030 with a CAGR of 9.7% from 2024 to 2030. The major drivers for this market are increasing consumer preferences towards healthy lifestyle and evolution of cloud kitchen with less investment.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fast Casual Restaurant by Segment
The study includes a forecast for the global fast casual restaurant by product, application, and region.
Fast Casual Restaurant Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• North American Cuisine
• Italian Cuisine
• Mexican Cuisine
• Other
Fast Casual Restaurant Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Online Meal Ordering
• Offline Meal Ordering
• Others
Fast Casual Restaurant Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fast Casual Restaurant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fast casual restaurant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fast casual restaurant companies profiled in this report include-
• Chipotle Mexican Grill
• Firehouse Restaurant
• Noodles & Co
• Panda Restaurant
• Potbelly
• Shake Shack
• YUM! Brands
Fast Casual Restaurant Market Insights
Lucintel forecasts that Italian cuisine will remain the largest segment over the forecast period.
Within this market, online meal ordering will remain the largest segment due to growing trend of digital convenience in casual dining preferences.
North America will remain the largest region over the forecast period due to vast consumer base and growing consumer preference towards healthier options.
Features of the Global Fast Casual Restaurant Market
Market Size Estimates: Fast casual restaurant market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fast casual restaurant market size by product, application, and region in terms of value ($B).
Regional Analysis: Fast casual restaurant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the fast casual restaurant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fast casual restaurant market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fast casual restaurant market size?
Answer: The global fast casual restaurant market is expected to reach an estimated $251.9 billion by 2030.
Q2. What is the growth forecast for fast casual restaurant market?
Answer: The global fast casual restaurant market is expected to grow with a CAGR of 9.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fast casual restaurant market?
Answer: The major drivers for this market are increasing consumer preferences towards healthy lifestyle and evolution of cloud kitchen with less investment.
Q4. What are the major segments for fast casual restaurant market?
Answer: The future of the fast casual restaurant market looks promising with opportunities in the online meal ordering and offline meal ordering markets.
Q5. Who are the key fast casual restaurant market companies?
Answer: Some of the key fast casual restaurant companies are as follows:
• Chipotle Mexican Grill
• Firehouse Restaurant
• Noodles & Co
• Panda Restaurant
• Potbelly
• Shake Shack
• YUM! Brands
Q6. Which fast casual restaurant market segment will be the largest in future?
Answer: Lucintel forecasts that Italian cuisine will remain the largest segment over the forecast period.
Q7. In fast casual restaurant market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to vast consumer base and growing consumer preference towards healthier options.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fast casual restaurant market by product (North American cuisine, Italian cuisine, Mexican cuisine, and other), application (online meal ordering, offline meal ordering, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fast Casual Restaurant Market, Fast Casual Restaurant Market Size, Fast Casual Restaurant Market Growth, Fast Casual Restaurant Market Analysis, Fast Casual Restaurant Market Report, Fast Casual Restaurant Market Share, Fast Casual Restaurant Market Trends, Fast Casual Restaurant Market Forecast, Fast Casual Restaurant Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.