The Italian Restaurants industry is a mature one, providing widely accepted cuisines to downstream consumers. Revenue growth is primarily determined by demand from households, which is ultimately driven by consumer spending and preferences. In turn, the industry has bounced back over the past five years as the improving economy and rising consumer spending have led to consistent growth in consumer spending on restaurants. Revenue is projected to continue expanding during the next five years, due in part to rising per capita disposable income and, subsequently, higher levels of consumer spending.
The industry includes chain and franchised restaurants that mainly provide Italian-style food, including pizza, to patrons. Restaurants may provide this food service in combination with selling alcoholic and other beverages. This industry does not include restaurants that sell a small portion of Italian food as part of a wider cuisine.
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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