The Future of Foodservice in the US to 2020 - Research and Markets

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The "United States (US) - The Future of Foodservice to 2020" report has been added to Research and Markets' offering.

Quick Service Restaurants (QSR) channel is forecast to continue experiencing the strong growth which has helped its value grow to nearly a third of the total profit sector. Its proposition of reasonably priced, convenient food continues to resonate with increasingly time-pressed customers, who believe that convenient food can and should also be healthy and tasty.

Future for operators in the channel will involve careful navigation of an increasingly muddied restaurant sector, where the lines between Full Service Restaurants (FSR) and Quick Service Restaurants (QSR) are becoming ill-defined. They will also face competition from an increasingly crowded and saturated coffee and tea market, with key players such as Starbucks looking towards expanding its food offerings to diversify growth drivers.

Full Service Restaurants (FSR) channel in the US will continue to experience the strong and stable value growth that is has enjoyed since 2013. Transaction numbers and average transaction prices will continue to raise, in line with US consumers' growing financial confidence. Full Service Restaurants (FSR) operators that invest in technology to streamline operation and optimize efficiency will also be better able to compete with fast-casual rivals on convenience and service.

Operators in the coffee and tea shop channel will also continue to face fierce competition from Quick Service Restaurants (QSR) operators such as McDonald's. The fast-food giant's affordable hot beverage offerings and hugely successful all-day' breakfast have helped lure growing numbers of new consumers through the door.

The report "United States (US) - The Future of Foodservice to 2020" provides extensive insight and analysis of the US Foodservice market over the next five years (2015-2020) and acts as a vital point of reference for operators or suppliers.

In depth, this report provides the following analysis:

  • Overview of the US macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the US foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
  • Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within the US foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
  • Customer segmentation: Identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the US population.
  • Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
  • Case Studies: Learn from examples of recent successes and failures within the US foodservice market.

Companies Mentioned

  • Applebee's
  • Bahama Breeze
  • Baskin-Robbins
  • BJ's Restaurants
  • Buffalo Wild Wings
  • Burger King
  • Carraba's Italian Grill
  • Chick-Fil-A
  • Chili's
  • Chipotle
  • Dunkin' Donuts
  • Eddie V's
  • Hooters
  • IHOP
  • KFC
  • Krispy Kreme
  • Long Horn Steakhouse
  • Maggiano's
  • McDonald's
  • Olive Garden
  • Outback Steakhouse
  • Panera Bread
  • Pizza Hut
  • Red Lobster
  • Red Robin
  • Season 52
  • Starbucks
  • Subway
  • Taco Bell
  • The Capital Grill
  • The Cheesecake Factory
  • Tilted Kilt
  • Tim Hortons
  • Twin Peaks
  • Wendy's
  • Yard House

For more information about this report visit https://www.researchandmarkets.com/research/2dg9kw/united_states

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Business Wire: 16:16 GMT Wednesday 13th September 2017

Published: .

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