US Fast Food Market Set to Grow at 5% by 2011

Press Release (PressBurner) Dec 09, 2010 - NOIDA, UP - According to our latest report “US Fast Food Market Outlook 2010”, the US fast food industry has emerged as one of the leading industries in the country. The industry has been witnessing consistent strong growth for the past few years. Moreover, with increasing young population and competitive cost advantages, the US fast food industry is growing faster than restaurant industry. It is expected that the US fast food industry will grow at a CAGR of around 5% during 2009-2011.

The US fast food industry can be segmented according to geographical operations. Players operating at the national level are Chipotle, Wendy’s, Burger King, Nathan’s House, Denny’s, etc. These national chains registered slowdown in the store sales growth because of low spending in the United States during recession. Some players are operating at regional levels like Cosi in Northeast/Midwest region. Besides, many international brands like, McDonalds and Yum! hold comparable market share in the country.

Ongoing research analysis provides extensive information on the growing US fast food industry. The report also discusses the market structure, current and past market performance, and the factors critical to the success of the industry in US. In addition, it provides overall restaurant industry trends analysis to facilitate a balanced market understanding. The report categorizes the entire fast food industry into four important segments. Moreover, the report has analyzed all the segments in detail and provides ongoing and future projected performance trends of the industry.

“US Fast Food Market Outlook 2010” has also provided the segment wise industry forecast based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the US fast food market and will prove decisive for the clients. Additionally, the report provides the consumer behavior in context of spending on fast food and other essential items to provide a deep insight into the current food consumption patterns. Competitive landscape is also provided in the report to enable clients understand present market structure as well future growth prospects.

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