Casual Restaurants
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide food services in casual atmospheres to seated patrons who are served by wait staff and pay after eating. Major companies include Brinker International, Darden Restaurants, Dine Brands Global, and Outback Steakhouse (all based in the US), along with Recipe Unlimited (Canada), The Restaurant Group (UK), and Skylark Holdings (Japan).The global foodservice market is forecast to reach about $4 trillion by 2033 at a compound annual growth rate (CAGR) of 3.15%, according to IMARC. Asia/Pacific is one of the largest markets for the global online food delivery market, according to GlobalData.
The US full-service restaurant industry, which includes casual restaurants, comprises about 250,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $300 billion.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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