FAST CASUAL RESTAURANTS ARE BOOMING!

Global Fast Casual Restaurant market
garnered $125.6 billion in 2019 and is estimated to reach $209.1 billion by 2027.
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WHY SHOULD YOU INVEST IN THIS INDUSTRY?

  • Nearly 58 percent of U.S. consumers dine out in quick service restaurants one to three times a month.
  • In 2019, 26 percent of U.S. consumers indicated to dine out one to two times a week.
  • Around 95 percent of surveyed adults in the United States said good service and quality of food were their top considerations when choosing a full service restaurant to dine at.
  • On a segment-by-segment basis, Technomic projects sales at limited-service restaurants, including quick-serve, will increase by 2.5 percent; full-service by 3 percent and bars and taverns by 1.5 percent in 2020.
  • 2020 is forecast to be the 10th straight year of growth for the restaurant industry.
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*Statistics, Upserve, the National Restaurant Association (NRA), Technavio, Allied Market Research.