Title: United States Restaurant Market will be US$ 1,064 Million by 2026
1United States Restaurants Market
United States Restaurants Market
2United States Restaurants Market
According to the latest report by Renub Research,
titled "United States Restaurants Market,
Forecast by Segment, Commercial Services by
Sub-segment, Non-commercial Services by
Sub-segment, Restaurant Expenditures, Key
Players" Consequently, restaurants are standard
in the United States they are now part of every
developed country. A larger percentage of
Americans eat out, with increased frequency. The
food dollar proportion of the restaurant industry
has increased from 25 per cent in 1955 to 51 per
cent in 2019. According to Renub Research
analysis, the United States Restaurant
Market will be US 1,064 Million by the end of
the year 2026.
United States Restaurants Market
3United States Restaurants Market
Various factors are driving the growth of the
U.S. restaurant industry, such as an increasing
proportion of single-person households, a rising
percentage of adults living away from home,
increasing urbanization and increasing disposable
personal income. Because of the adoption of
third-party food delivery services and the
declining percentage of casual diners, the
industry faces some challenges, such as rising
prices. The industry is expected to pursue such
innovations, such as following the trend of
plant-based goods, the distribution of drones and
the sustainable method of food preparation, to
overcome these challenges.
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United States Restaurants Market
4United States Restaurants Market
- Few Points for Growing Market
- The increased digitalization of food services is
one of the key factors driving the United States
Restaurant Market, as customers find it
convenient to pre-book and make online payments. - In the future, the target of the market is
projected to be fast food restaurants based on
organic produce and nutritious food. In the
country, organic food demand is growing rapidly. - Factors such as growing obesity and public health
consciousness, however, impact the growth of the
industry, as most fast food items are considered
unhealthy. - COVID's effect on the U.S. restaurant industry
- The government had to close the restaurants
because of the COVID-19 pandemic to avoid the
spread of the disease. That had a cascading
impact on the United States' restaurant market.
This resulted in the layoffs of workers, a sharp
drop in profits for Restaurants chains and the
closing of several independent restaurants. The
market will grow once the vaccine is available in
the market from November to December, the
restaurant industry in the United States will
expand at a much faster pace in 2021.
United States Restaurants Market
5United States Restaurants Market
Market Summary By Segment This research
report provides the market and market share of
Commercial Restaurant Services, Non-commercial
Restaurant Services and Military Restaurant
Services. By Sub-segment for Commercial
Restaurant Services The market and market share
of Full-service Restaurants, Limited-Service
Restaurant, Snack and Non-alcoholic Beverage
Bars, Cafeterias, Grill-buffets, and Buffets,
Social Caterers, Bars and Taverns and Others) By
Sub-segment for Non-commercial Restaurant
Services Hospitals, Recreation and Sports
Centers, Nursing Homes, Colleges and
Universities, Primary and Secondary Schools,
Community Centers, Transportation and Others are
covered with market and market share in this
report. By Company Analysis Mcdonald's Corp.,
Yum! Brands Inc., Restaurant Brands International
Inc., Starbucks Corp., Chipotle Mexican Grill
Inc. are covered with Overview, Recent
Development and Initiatives and Sales Analysis.
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United States Restaurants Market
6United States Restaurants Market
United States Restaurants Market
7Contact Us
United States Restaurants Market