While inflation affected customer traffic across consumer foodservice categories, full-service restaurants saw a stronger decline in traffic, as some consumers traded down to fast casual and fast food. While growth after the COVID-19 decline helped growth rates in 2022, many full-service restaurants began reporting meaningful traffic declines in 2023. These declines in traffic were caused by overall inflation and rising menu prices, which were increased to keep up with the rising costs of ingred...
Euromonitor International's Full-Service Restaurants in USA report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Full-Service Restaurants market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Full-Service Restaurants in the US
Euromonitor International
February 2024
List Of Contents And Tables
FULL-SERVICE RESTAURANTS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
Inflation sees consumers dine out at full-service restaurants less often
Special offers can increase traffic, but at what cost?
Consumers are tired of tipping, as the industry and policymakers search for a new tipping standard
PROSPECTS AND OPPORTUNITIES
Full-service restaurants will increasingly turn to AI and automation for accuracy and efficiency
With no more room to increase prices, restaurant operators will need to look for other ways to improve margins
Brands in full-service restaurants will look to join limited-service brands in innovating in the loyalty space
CATEGORY DATA
Table 1 Full-Service Restaurants by Category: Units/Outlets 2018-2023
Table 2 Sales in Full-Service Restaurants by Category: Number of Transactions 2018-2023
Table 3 Sales in Full-Service Restaurants by Category: Foodservice Value 2018-2023
Table 4 Full-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
Table 5 Sales in Full-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 6 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
Table 7 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2019-2023
Table 8 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2020-2023
Table 9 Forecast Full-Service Restaurants by Category: Units/Outlets 2023-2028
Table 10 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2023-2028
Table 11 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2023-2028