Market Research Logo

Fast Casual Restaurants Market in the US 2016-2020

Fast Casual Restaurants Market in the US 2016-2020

About Fast Casual Restaurants in the US

A fast casual restaurant is a fresh and rapidly growing concept. It is a combination of quick service restaurants and casual dining restaurants. It serves healthier food that is fresh and costs more than the food served in quick service restaurants. The increase in health consciousness has pushed the demand for this segment. Consumers are willing to pay more for the healthy, fresh, and low-calorie food served at fast casual restaurants. Chipotle Mexican Grill, Panera Bread, and Five Guys are the top restaurants in this category.

Technavio’s analysts forecast the fast casual restaurants market in the US to grow at a CAGR of 10.38% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the fast casual restaurants market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of food and beverages by fast casual restaurants in the US.

Technavio's report, Fast Casual Restaurants Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Chipotle Mexican Grill
  • Firehouse Restaurant
  • Five Guys
  • Panda Express
  • Panera Bread
Other prominent vendors
  • &pizza
  • Blaze Pizza
  • Dickey’s Barbecue Pit
  • Godfather’s Pizza
  • MOD Pizza
  • Noodles & Company
  • Pie Five Pizza
  • PizzaRev
  • Potbelly Sandwich Works
  • Shake Shack
  • Smashburger
  • Sweetgreen
  • Uncle Maddio's Pizza Joint
Market driver
  • Demand for innovation and customization in food menus
  • For a full, detailed list, view our report
Market challenge
  • Threat of contamination of ingredients and raw materials
  • For a full, detailed list, view our report
Market trend
  • Growing focus on social media marketing and promotional activities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Fast Casual Restaurants Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the fast casual restaurant market in the US: Chipotle Mexican Grill, Firehouse Restaurant, Five Guys, Panda Express, and Panera Bread

Other Prominent Vendors in the market are: &pizza, Blaze Pizza, Dickey’s Barbecue Pit, Godfather’s Pizza, MOD Pizza, Noodles & Company, Pie Five Pizza, PizzaRev, Potbelly Sandwich Works, Shake Shack, Smashburger, Sweetgreen, and Uncle Maddio's Pizza Joint

Commenting on the report, an analyst from Technavio’s team said: “Packaging is often considered to be an extension of a particular brand's value. Therefore, packaging of any brand is important in generating interest and curiosity among consumers. Innovations are made in terms of biodegradable packaging, compostable packaging, and packaging customized to a particular shape and size of a food product.”

According to the report, a fast casual pizza restaurant is a fresh and rapidly growing concept. It is a combination of fast food and casual dining restaurants. It serves healthier pizza that is fresh but costs more than the ones served in quick service pizza restaurants. The increase in health consciousness has pushed the demand for this segment. Consumers are willing to pay more for the healthy, fresh, and low-calorie pizza served at fast casual restaurants. In 2013, Chipotle Mexican Grill partnered with restaurateurs Bobby Stuckey and Lachlan Mackinnon-Patterson to launch a fast casual pizza concept called Pizzeria Locale, which cooks pizzas in around two minutes in customized 900°F oven. MOD Pizza, Blaze Fast-Fire’d Pizza, Pie Five Pizza, PizzaRev, Uncle Maddio’s Pizza, and Live Basil Pizza are the top pizza restaurants in this category in the US.

Further, the report states that a major challenge for almost all the types of restaurants including fast casual restaurants is the fluctuation in the prices of food commodities such as sugar, grains, meat, and dairy products, which are vital for the preparation of food. In 2015, the prices of meat and vegetables shot up considerably by 3%-5% compared to 2014.

Companies Mentioned

Chipotle Mexican Grill, Firehouse Restaurant, Five Guys, Panda Express, and Panera Bread, &pizza, Blaze Pizza, Dickey’s Barbecue Pit, Godfather’s Pizza, MOD Pizza, Noodles & Company, Pie Five Pizza, PizzaRev, Potbelly Sandwich Works, Shake Shack, Smashburger, Sweetgreen, Uncle Maddio's Pizza Joint.

  • Executive summary
    • Highlights
    • Marketing mix for fast casual restaurants industry in US
      • Table Marketing mix for fast casual restaurants industry in US
  • Scope of the report
    • Market overview
      • Table Product segments in fast casual restaurants market in US
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Overview of fast casual restaurants market in US 2015
  • Country profile: US
    • Key economic indicators
      • Table Urban population in US 2010-2014 (millions)
      • Table GDP per capita in US ($)
      • Table Real median household income in US ($)
      • Table Inflation rate measured by consumer price index in US 2010-2014 (%)
  • Market landscape
    • Market overview
      • Table Fast casual restaurants market in US
    • Foodservice market in US
      • Table Foodservice market in US 2015-2020 ($ billions)
    • Fast casual restaurants market in US
      • Table Fast casual restaurants market in US 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Fast casual restaurants market in US by product
      • Table Fast casual restaurants market in US by product 2015 and 2020
      • Table Growth outlook for fast casual restaurants market by product 2015-2020
    • North American food in fast casual restaurants market in US
      • Table North American food in fast casual restaurants market in US 2015-2020 ($ billions)
    • Italian food in fast casual restaurants market in US
      • Table Italian food in fast casual restaurants market in US 2015-2020 ($ billions)
    • Mexican food in fast casual restaurants market in US
      • Table Mexican food in fast casual restaurants market in US 2015-2020 ($ billions)
    • Other food and beverages in fast casual restaurants market in US
      • Table Other food and beverages in fast casual restaurants market in US 2015-2020 ($ billions)
  • Market drivers
    • Demand for innovation and customization in food menus
    • Rise in popularity of fast casual pizza
    • Growing demand for gluten-free dining
    • Introduction of healthy meals in food menus
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Fluctuations in food commodity prices
    • Threat of contamination of ingredients and raw materials
    • Home-cooked meals as a potential substitute
    • Adherence to stringent regulations and guidelines
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Innovations in packaging for home delivery and takeaway food
    • Embracing technology
      • Table Percentage of customers in US for whom availability of technology is important when choosing a restaurant in 2014
      • Table Features of beacon technology
    • Growing focus on social media marketing and promotional activities
      • Table Population growth in major cities between 2010 and 2013
      • Table US cities' growth by number of residents between 2010 and 2013
  • Competitor analysis
    • Competitive scenario
    • Competitive positioning assessment
      • Table Competitive positioning matrix for fast casual restaurants market in US in 2015
    • Chipotle Mexican Grill
      • Table Chipotle Mexican Grill: Product segmentation
    • Firehouse Restaurant Group (Firehouse Subs)
      • Table Firehouse Restaurant Group: Product segmentation
      • Table Firehouse Restaurant Group: Product offerings
    • Five Guys Holdings
      • Table Five Guys Holdings: Product segmentation
      • Table Five Guys Holdings: Product offerings
    • Panda Restaurant Group (Panda Express)
      • Table Panda Restaurant Group: Brand segmentation
    • Panera Bread
      • Table Panera Bread: Business segmentation by revenue 2015
      • Table Panera Bread: Business segmentation by revenue 2014 and 2015 ($ millions)
    • Other prominent market players
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report