Chain Restaurants in the US
The Chain Restaurants industry has experienced steady growth over the five years to 2019. As per capita disposable income increased and unemployment declined, the Consumer Confidence Index improved, giving rise to greater spending on meals eaten away from home, including sit-down meals. Although the industry has experienced increasing levels of competition and growing input costs, such as labor, the average industry profit margin has remained stable over the five years to 2019 as industry revenue has continued to grow. Industry revenue has grown as industry operators increasingly benefited from economies of scale. Over the five years to 2019, industry revenue is expected to increase. The industry's steady growth is projected to stabilize over the five years to 2024.
The industry consists of chain and franchised restaurants that provide food services to patrons that order and are served while seated (i.e. wait service) and pay after eating. These establishments may provide this type of food service to patrons in combination with alcoholic and other beverages.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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