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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Fast Casual Restaurant Market by Region
Based on the region, global fast casual restaurant market share is driven by Asia Pacific. This rise is linked to rapid urbanization, a rising need for convenient dining options, and ongoing innovations in the food and beverage sector, particularly in countries such as India, China, and Japan.
In North America and Europe, the increasing desire for flavourful cuisine paired with prompt, high-quality services are projected to drive market expansion. Additionally, the growing presence of key market players in these regions is expected to create lucrative opportunities for industry growth.
Chipotle Mexican Grill, a fast casual restaurant establishment, reported total revenue of $9.9 billion for the year 2023, marking a 14.3% growth from the previous year.
Fast Casual Restaurant Market Report Snapshots
Fast Casual Restaurant Market Size
Fast Casual Restaurant Market Trends
Fast Casual Restaurant Market Regional Analysis
Fast Casual Restaurant Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 211.52 billion in 2023.
The market is projected to grow at a CAGR of 11.5% between 2024 and 2032.
The revenue generated from the fast casual restaurant market is expected to reach USD 563.41 billion in 2032.
The expansion of the fast casual restaurant market is fuelled by evolving consumer tastes, easy entry into the market with promising returns, increased affordability, and the growing impact of marketing and branding strategies.
The fast casual restaurant market is categorised according to its food type, which includes burgers and sandwiches, pizza and pasta, Asian and Latin American food, chicken, and others.
The major players in the industry are Chipotle Mexican Grill, Inc, QDOBA Restaurant Corporation, BurgerFi International, Inc., Deli Management, Inc. (Jason's Deli), The Halal Guys, Sweetgreen, Inc, Greek Xpress, Panera Bread (JAB Holding Company), Shake Shack Enterprises, LLC, and Schlotzsky’s (GOTO Food) among others.
Based on the mode of operation, the fast casual restaurant market is divided into dine-in and takeaway.
The major areas include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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