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The fast casual restaurants market size is forecast to increase by USD 302.5 billion at a CAGR of 15.2% between 2023 and 2028. In the US market, the fast casual restaurant sector is experiencing significant growth due to several key drivers. The demand for innovation and customization in food menus is a major trend, with restaurants like Panera Bread leading the charge. Another factor is the increasing popularity of chef-driven fast casual franchises, which offer a higher quality dining experience than traditional quick-service restaurants. However, this market faces intense competition, with deliver-to-door companies and online ordering systems, including mobile apps, becoming increasingly popular. Additionally, self-service kiosks are gaining traction in both standalone and franchised restaurants. The rise of internet penetration in the US has made it easier for consumers to order food from the comfort of their homes, leading to a shift in consumer behavior. This trend is expected to continue, making it crucial for fast casual restaurants to adapt and innovate to stay competitive.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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