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Global Fast Casual Restaurant Market Size study, by Food Type (Burger/Sandwich, Pizza/Pasta, Asian/Latin American Food, Chicken, Others), by Mode of Operation (Dine-in, Takeaway), by Nature (Franchised, Standalone), and Regional Forecasts 2022-2032

August 2024 | 200 pages | ID: G8336A296C44EN
Bizwit Research & Consulting LLP

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Global Fast Casual Restaurant Market is valued at approximately USD 112.77 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 10.4% over the forecast period 2024-2032. Fast casual restaurants represent a vibrant segment of the food service industry, distinguished by their commitment to offering quick service, freshly prepared meals, and a comfortable dining environment. Unlike traditional fast-food outlets, these establishments focus on providing higher quality ingredients and diverse menu options, ranging from salads and sandwiches to bowls and limited alcoholic beverages. The strategic use of technology, such as online ordering and automated kitchen operations, enhances customer convenience and operational efficiency, driving market growth.

The growth of the fast casual restaurant market is propelled by the low barriers to entry and the potential for high profitability, which has encouraged a surge of new entrants in both developed and developing regions. the fast casual model, characterized by its efficient service and relatively high average ticket prices, allows for strong profit margins. For instance, a 2021 analysis by Technomic revealed that the average profit margin for fast casual restaurants is around 6-8%, compared to 3-5% for quick-service restaurants. This combination of lower startup costs and higher profitability potential makes the fast casual segment an appealing option for both new and existing operators in the restaurant industry. The fast casual restaurant sector is poised to benefit from technological advancements that enhance operational efficiency and customer satisfaction. The integration of digital solutions such as scheduling software, automated inventory management, and digital preservation systems has transformed the industry's operational landscape. However, the market faces challenges such as economic uncertainties and shifts in consumer spending habits, which can impact foot traffic and overall restaurant performance. The higher price points associated with premium dining experiences at fast casual restaurants may limit their target customer base to higher-income individuals.

Regionally, North America dominated the market, capturing a 45.1% share in 2022. The region's consumers have shown a marked preference for healthier food options, driving demand for natural, clean-label, and organically grown products. The competitive environment is shaped by rising labor costs, high interest rates, and steady economic growth, necessitating continuous adaptation and innovation by market players. Companies such as Shake Shack have responded by offering diverse menus and embracing new business models and technologies to stay competitive. The trend towards fast casual dining is fueled by the busy lifestyles of North American consumers who prioritize convenience without compromising on quality.
The key regions considered for the global XXXX Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the XXXX Market in terms of revenue. The market growth in the region is largely due to the maturity of the market and the high concentration of leading fast casual brands such as Chipotle Mexican Grill and Panera Bread. The U.S. has a well-established fast casual segment with a strong consumer preference for higher-quality, customizable dining options, contributing to North America's leading position. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rapid urbanization, increasing disposable incomes, and a growing middle class in countries like China and India. As consumer tastes shift towards healthier and more diverse dining options, the fast casual sector is expanding quickly in this region, with international and local brands capitalizing on the rising demand for quality, convenient dining experiences. The combination of economic growth and evolving consumer preferences is fueling the fast-paced expansion of the fast casual restaurant market in Asia-Pacific.

Major market player included in this report are:
Erbert & Gerbert’s Sandwich Shop
Tortilla Mexican Grill Plc.
Five Guys Enterprises, LLC.
Famous Brands Limited
Panda Restaurant Group, Inc.
Exki SA
Zaxby’s Franchising LLC
Restaurant Brands International Inc.
Chipotle Mexican Grill
Wingstop Restaurants, Inc.
Panera Bread Company
Shake Shack Inc.
Blaze Pizza LLC
Sweetgreen, Inc.
Zoe's Kitchen, Inc.

The detailed segments and sub-segment of the market are explained below:
By Food Type
Burger/Sandwich
Pizza/Pasta
Asian/Latin American Food
Chicken
Others

By Mode of Operation
Dine-in
Takeaway

By Nature
Franchised
Standalone

By Region:
North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico
Rest of Latin America

Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL FAST CASUAL RESTAURANT MARKET EXECUTIVE SUMMARY

1.1. Global Fast Casual Restaurant Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Food Type
  1.3.2. By Mode of Operation
  1.3.3. By Nature
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL FAST CASUAL RESTAURANT MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL FAST CASUAL RESTAURANT MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Low barriers to entry and high profitability potential
  3.1.2. Rise of cloud kitchens and technological advancements
  3.1.3. Increasing consumer preference for healthier options
3.2. Market Challenges
  3.2.1. Economic uncertainties and shifts in consumer spending
  3.2.2. Higher price points limiting target customer base
3.3. Market Opportunities
  3.3.1. Technological advancements in operational efficiency
  3.3.2. Expansion through franchise opportunities
  3.3.3. Increased automation and improved service delivery

CHAPTER 4. GLOBAL FAST CASUAL RESTAURANT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL FAST CASUAL RESTAURANT MARKET SIZE & FORECASTS BY FOOD TYPE 2022-2032

5.1. Segment Dashboard
5.2. Global Fast Casual Restaurant Market: Food Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Burger/Sandwich
  5.2.2. Pizza/Pasta
  5.2.3. Asian/Latin American Food
  5.2.4. Chicken
  5.2.5. Others

CHAPTER 6. GLOBAL FAST CASUAL RESTAURANT MARKET SIZE & FORECASTS BY MODE OF OPERATION 2022-2032

6.1. Segment Dashboard
6.2. Global Fast Casual Restaurant Market: Mode of Operation Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Dine-in
  6.2.2. Takeaway

CHAPTER 7. GLOBAL FAST CASUAL RESTAURANT MARKET SIZE & FORECASTS BY NATURE 2022-2032

7.1. Segment Dashboard
7.2. Global Fast Casual Restaurant Market: Nature Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. Franchised
  7.2.2. Standalone

CHAPTER 8. GLOBAL FAST CASUAL RESTAURANT MARKET SIZE & FORECASTS BY REGION 2022-2032

8.1. North America Fast Casual Restaurant Market
  8.1.1. U.S. Fast Casual Restaurant Market
    8.1.1.1. Food Type breakdown size & forecasts, 2022-2032
    8.1.1.2. Mode of Operation breakdown size & forecasts, 2022-2032
    8.1.1.3. Nature breakdown size & forecasts, 2022-2032
  8.1.2. Canada Fast Casual Restaurant Market
8.2. Europe Fast Casual Restaurant Market
  8.2.1. UK Fast Casual Restaurant Market
  8.2.2. Germany Fast Casual Restaurant Market
  8.2.3. France Fast Casual Restaurant Market
  8.2.4. Spain Fast Casual Restaurant Market
  8.2.5. Italy Fast Casual Restaurant Market
  8.2.6. Rest of Europe Fast Casual Restaurant Market
8.3. Asia-Pacific Fast Casual Restaurant Market
  8.3.1. China Fast Casual Restaurant Market
  8.3.2. India Fast Casual Restaurant Market
  8.3.3. Japan Fast Casual Restaurant Market
  8.3.4. Australia Fast Casual Restaurant Market
  8.3.5. South Korea Fast Casual Restaurant Market
  8.3.6. Rest of Asia Pacific Fast Casual Restaurant Market
8.4. Latin America Fast Casual Restaurant Market
  8.4.1. Brazil Fast Casual Restaurant Market
  8.4.2. Mexico Fast Casual Restaurant Market
  8.4.3. Rest of Latin America Fast Casual Restaurant Market
8.5. Middle East & Africa Fast Casual Restaurant Market
  8.5.1. Saudi Arabia Fast Casual Restaurant Market
  8.5.2. South Africa Fast Casual Restaurant Market
  8.5.3. Rest of Middle East & Africa Fast Casual Restaurant Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. ERBERT & GERBERT’S SANDWICH SHOP
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Market Strategies
  9.3.2. Tortilla Mexican Grill PLC.
  9.3.3. FIVE GUYS ENTERPRISES, LLC.
  9.3.4. Famous Brands Limited
  9.3.5. Panda Restaurant Group, Inc.
  9.3.6. EXKI SA
  9.3.7. Zaxby’s Franchising LLC
  9.3.8. Restaurant Brands International Inc.
  9.3.9. Chipotle Mexican Grill
  9.3.10. Wingstop Restaurants, Inc.
  9.3.11. Panera Bread Company
  9.3.12. Shake Shack Inc.
  9.3.13. Blaze Pizza LLC
  9.3.14. Sweetgreen, Inc.
  9.3.15. Zoe's Kitchen, Inc.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Fast Casual Restaurant market, report scope
TABLE 2. Global Fast Casual Restaurant market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Fast Casual Restaurant market estimates & forecasts by Food Type 2022-2032 (USD Billion)
TABLE 4. Global Fast Casual Restaurant market estimates & forecasts by Mode of Operation 2022-2032 (USD Billion)
TABLE 5. Global Fast Casual Restaurant market estimates & forecasts by Nature 2022-2032 (USD Billion)
TABLE 6. Global Fast Casual Restaurant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Fast Casual Restaurant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Fast Casual Restaurant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Fast Casual Restaurant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Fast Casual Restaurant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Fast Casual Restaurant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Fast Casual Restaurant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Fast Casual Restaurant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Fast Casual Restaurant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Fast Casual Restaurant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Fast Casual Restaurant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Fast Casual Restaurant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Fast Casual Restaurant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Fast Casual Restaurant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Fast Casual Restaurant market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Fast Casual Restaurant market, research methodology
FIG 2. Global Fast Casual Restaurant market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Fast Casual Restaurant market, key trends 2023
FIG 5. Global Fast Casual Restaurant market, growth prospects 2022-2032
FIG 6. Global Fast Casual Restaurant market, porters 5 force model
FIG 7. Global Fast Casual Restaurant market, PESTEL analysis
FIG 8. Global Fast Casual Restaurant market, value chain analysis
FIG 9. Global Fast Casual Restaurant market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Fast Casual Restaurant market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Fast Casual Restaurant market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Fast Casual Restaurant market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Fast Casual Restaurant market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Fast Casual Restaurant market, regional snapshot 2022 & 2032
FIG 15. North America Fast Casual Restaurant market 2022 & 2032 (USD Billion)
FIG 16. Europe Fast Casual Restaurant market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Fast Casual Restaurant market 2022 & 2032 (USD Billion)
FIG 18. Latin America Fast Casual Restaurant market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Fast Casual Restaurant market 2022 & 2032 (USD Billion)
FIG 20. Global Fast Casual Restaurant market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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