About Fast-Casual Restaurants
Fast-casual restaurant refers to the restaurants which offer the convenience and quickness of fast food establishments without the full service of fine dining. This type of restaurant offers counter service instead of table service. It provides customizable healthier meals options and menu items prepared with fresher ingredients than fast food. Fast-casual restaurants commonly serve salads, sandwiches, burritos, and burgers. This type of restaurant has become increasingly popular because it balances the quality of casual dining with the speed of fast food.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global fast-casual restaurants market is fragmented due to the presence of various players at the global and regional levels. Companies offering services like self-service, tableside ordering, customized meals options, etc. The level of competition among the companies in the fast-casual restaurants market is intense. Many players are also focusing on strategic activities like mergers and acquisitions and partnerships to improve their presence and sustain in the market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fast-Casual Restaurants market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panera Bread (United States), McDonald’s (United States), Subway (United States), Yum China (China), Yum! Brands (United States), Chipotle Mexican Grill (United States), Restaurant Brands International (United States), Wendy’s (United States) and Burger King (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fast-Casual Restaurants market by Type (Standalone and Franchised) and Region.
On the basis of geography, the market of Fast-Casual Restaurants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service, the sub-segment i.e. Dine-in will boost the Fast-Casual Restaurants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Food Category, the sub-segment i.e. American Food and Drink will boost the Fast-Casual Restaurants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Technology Leads to Increased Online Presence of Fast-Casual Restaurants for The Consumers
Market Growth Drivers:
Growing Need for Freshly-prepared Customizable Meals Among the Individuals and Rising Demand for Fast Food in The World
Challenges:
Cutthroat Competition in the Fast-Casual Restaurants Markets with the Presence of Numerous Players
Restraints:
Regulatory Compliances and Guidelines Associated with Food May Restraint Fast-Casual Restaurants Market Growth
Opportunities:
Surging Investment and Spending’s by foodservice industry will Boost Fast-Casual Restaurants Market and Booming Fast-Casual Restaurants in Indian Market
Market Leaders and their expansionary development strategies
In November 2023, Shake Shack and Lettuce Entertain You Restaurants: Shake Shack partnered with Lettuce Entertain You Restaurants, a leading restaurant group to open multiple Shake Shack locations inside LEYE's existing restaurants. This innovative partnership aimed to increase access to Shake Shack while leveraging LEYE's operational expertise and existing infrastructure.
In May 2023, Nolita Social This fast-casual concept from celebrity chef Marcus Samuelsson landed and offering affordable and flavorful Caribbean and African-inspired dishes like jerk chicken bowls and roti wraps.
“The U.S. Food and Drug Administration (FDA) is among the primary federal agencies responsible for developing public health regulations. One of the agency's duties is to protect the nation's food supply. With thousands of fast-food restaurants serving millions of customers each day around the country, the FDA works to ensure the safety of the food in both major franchise stores and small fast food establishments.”
Key Target Audience
Fast-Casual Restaurants Providers, Research and Development Institutes, Fast-Casual Restaurants Potential Investors, Industry Associations, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.