The concept of fast casual restaurants came into existence in the late 90s, however it gained much of the traction in 2009. The fast casual restaurants prepare fresh food rather than assembling them as in the case of fast food restaurant. High quality ingredients, locally sourced, fresh, and organic are the some of the many characteristics of the fast food restaurants. Furthermore, the prices of fast casual restaurants are higher than that of fast food restaurants but considerably lower than that for fine dining.
The introduction of concept of cloud kitchens reduces the capital expenditure. Low capital costs and higher profit margins result into significant investment on fast casual restaurants. Furthermore, increased automation in kitchen and emergence of deliver to door companies further create new growth opportunities for such kitchens around the world. Expansion of deliver to door services along with cloud kitchens boost the sales and profits of fast casual restaurants in the coming few years.
Uncertainties about current and future economic conditions might dissuade foot fall amongst such restaurants. The COVID-19 outbreak results in widespread economic crisis around the world. Rise in unemployment and high prices are expected to act as major challenges for the engaged stakeholders. Fast casual restaurants provide fresh and healthy food coupled with natural offerings, which make way for additional cost. High cost as compared to its counterparts such as quick service restaurants might limit the target audience.
The fast casual restaurant market is segmented into food type, mode of operation, nature and region. By food type, the fast casual restaurant market is classified into burger/sandwich, pizza/pasta, Asian/Latin American Food, chicken, and others. By mode of operation, it is bifurcated into dine in and takeaway. By nature, the market is divided into franchised and standalone. By region, the fast casual restaurant market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players analyzed in this market are Chipotle Mexican Grill, Erbert & Gerberts Sandwich Shop, Panda Restaurant Group, EXKi SA, Zaxby's corporate, Five Guys Holdings, Inc. (Five guys burger and fries), Roark Capital Group (Wingstop), Tortilla Mexican Grill, Firehouse Subs, and Famous Brands (Gourmet Burger Kitchen).
Fast Casual Restaurant Market Segments
By Type
Burger/Sandwich
Pizza/Pasta
Asian/Latin American Food
Chicken
Others
By Mode of Operation
Dine-In
Takeaway
By Nature
Franchised
Standalone
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o ASEAN
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Key Market Players
Chipotle Mexican Grill
Erbert & Gerberts Sandwich Shop
Panda Restaurant Group
EXKi SA
Zaxby's corporate
Five Guys Holdings, Inc. (Five guys burger and fries)
Roark Capital Group (Wingstop)
Tortilla Mexican Grill
Firehouse Subs
Famous Brands (Gourmet Burger Kitchen)
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter's five forces analysis
3.2.1.Bargaining power of suppliers
3.2.2.Bargaining power of buyers
3.2.3.Threat of substitution
3.2.4.Threat of new entrants
3.2.5.Intensity of competitive rivalry
3.3.Parent market overview
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Changing consumer preference increasing preference towards fast casual restaurants
3.4.1.2.Low entry barriers and high profits resulting in rapid proliferation of fast casual chains in both developing and developed economies
3.4.1.3.Deliver to door services providing impetus to the growing market
3.4.2.Restraints
3.4.2.1.Corona Virus to dissuade sales in the present as well as the coming years
3.4.2.2.High cost compared to counter quick service restaurant might limit target segments
3.4.3.Opportunity
3.4.3.1.Early adoption of advanced technologies to create new growth avenues for the fast casual restaurants owners
CHAPTER 4:GLOBAL FAST CASUAL RESTAURANTS MARKET, BY FOOD TYPE
4.1.Overview
4.1.1.Market size and forecast, by food type
4.2.Burger/Sandwich
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Pizza/Pasta
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Asian/Latin American Food
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Chicken
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
4.6.Others
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country
CHAPTER 5:GLOBAL FAST CASUAL RESTAURANTS MARKET, BY MODE OF OPERATION
5.1.Overview
5.1.1.Market size and forecast, by mode of operation
5.2.Dine-in
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Takeaway
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:GLOBAL FAST CASUAL RESTAURANTS MARKET, BY NATURE
6.1.Overview
6.1.1.Market size and forecast, by nature
6.2.Franchised
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Standalone
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
CHAPTER 7:FAST CASUAL RESTAURANTS MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast, by region
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by food type
7.2.3.Market size and forecast, by mode of operation
7.2.4.Market size and forecast, by nature
7.2.5.Market analysis, by country
7.2.5.1.U.S.
7.2.5.1.1.Market size and forecast, by food type
7.2.5.1.2.Market size and forecast, by mode of operation
7.2.5.1.3.Market size and forecast, by nature
7.2.5.2.Canada
7.2.5.2.1.Market size and forecast, by food type
7.2.5.2.2.Market size and forecast, by mode of operation
7.2.5.2.3.Market size and forecast, by nature
7.2.5.3.Mexico
7.2.5.3.1.Market size and forecast, by food type
7.2.5.3.2.Market size and forecast, by mode of operation
7.2.5.3.3.Market size and forecast, by nature
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by food type
7.3.3.Market size and forecast, by mode of operation
7.3.4.Market size and forecast, by nature
7.3.5.Market analysis, by country
7.3.5.1.UK
7.3.5.1.1.Market size and forecast, by food type
7.3.5.1.2.Market size and forecast, by mode of operation
7.3.5.1.3.Market size and forecast, by nature
7.3.5.2.Germany
7.3.5.2.1.Market size and forecast, by food type
7.3.5.2.2.Market size and forecast, by mode of operation
7.3.5.2.3.Market size and forecast, by nature
7.3.5.3.France
7.3.5.3.1.Market size and forecast, by food type
7.3.5.3.2.Market size and forecast, by mode of operation
7.3.5.3.3.Market size and forecast, by nature
7.3.5.4.Italy
7.3.5.4.1.Market size and forecast, by food type
7.3.5.4.2.Market size and forecast, by mode of operation
7.3.5.4.3.Market size and forecast, by nature
7.3.5.5.Spain
7.3.5.5.1.Market size and forecast, by food type
7.3.5.5.2.Market size and forecast, by mode of operation
7.3.5.5.3.Market size and forecast, by nature
7.3.5.6.Rest of Europe
7.3.5.6.1.Market size and forecast, by food type
7.3.5.6.2.Market size and forecast, by mode of operation
7.3.5.6.3.Market size and forecast, by nature
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by food type
7.4.3.Market size and forecast, by mode of operation
7.4.4.Market size and forecast, by nature
7.4.5.Market analysis, by country
7.4.5.1.China
7.4.5.1.1.Market size and forecast, by food type
7.4.5.1.2.Market size and forecast, by mode of operation
7.4.5.1.3.Market size and forecast, by nature
7.4.5.2.India
7.4.5.2.1.Market size and forecast, by food type
7.4.5.2.2.Market size and forecast, by mode of operation
7.4.5.2.3.Market size and forecast, by nature
7.4.5.3.Japan
7.4.5.3.1.Market size and forecast, by food type
7.4.5.3.2.Market size and forecast, by mode of operation
7.4.5.3.3.Market size and forecast, by nature
7.4.5.4.ASEAN
7.4.5.4.1.Market size and forecast, by food type
7.4.5.4.2.Market size and forecast, by mode of operation
7.4.5.4.3.Market size and forecast, by nature
7.4.5.5.Rest of Asia-Pacific
7.4.5.5.1.Market size and forecast, by food type
7.4.5.5.2.Market size and forecast, by mode of operation
7.4.5.5.3.Market size and forecast, by nature
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by food type
7.5.3.Market size and forecast, by mode of operation
7.5.4.Market size and forecast, by nature
7.5.5.Market analysis, by country
7.5.5.1.Latin America
7.5.5.1.1.Market size and forecast, by food type
7.5.5.1.2.Market size and forecast, by mode of operation
7.5.5.1.3.Market size and forecast, by nature
7.5.5.2.Middle East
7.5.5.2.1.Market size and forecast, by food type
7.5.5.2.2.Market size and forecast, by mode of operation
7.5.5.2.3.Market size and forecast, by nature
7.5.5.3.Africa
7.5.5.3.1.Market size and forecast, by food type
7.5.5.3.2.Market size and forecast, by mode of operation
7.5.5.3.3.Market size and forecast, by nature
CHAPTER 8:COMPETITION LANDSCAPE
8.1.Competitive dashboard
8.2.Product mapping
8.3.Competitive heat map
8.4.Key developments
8.4.1.Agreement
8.4.2.Business Expansion
8.4.3.Partnership
CHAPTER 9:COMPANY PROFILES
9.1.CHIPOTLE MEXICAN GRILL, INC.
9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments
9.2.EXKI SA
9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Product portfolio
9.3.FAMOUS BRANDS LIMITED (Gourmet Burger Kitchen Limited)
9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Business performance
9.4.Firehouse Restaurant Group, Inc.
9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.5.FIVE GUYS ENTERPRISES, LLC.
9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.6.ERBERT & GERBERTS SANDWICH SHOP
9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio
9.7.PANDA RESTAURANT GROUP. INC.
9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.8.Mexican Grill Ltd.
9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio
9.8.4.Key strategic moves and developments
9.9.ZAXBYS FRANCHISING LLC.
9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.10.WINGSTOP INC.
9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments