2022 and 2023 saw some of the highest rates of inflation that the US had experienced in years. As ingredients costs increased, and a tight labour market pushed labour costs higher, brands across limited-service restaurants increased menu prices to offset these increased costs. Some brands increased menu prices by as much as 30% over the two years, far outpacing the rate of inflation. While in 2022 grocery prices rose faster than menu prices in limited-service restaurants for the majority of the...
Euromonitor International's Limited-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 Limited-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.
Limited-Service Restaurants in the US
Euromonitor International
February 2024
List Of Contents And Tables
LIMITED-SERVICE RESTAURANTS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
Inflation leads to rises in menu prices and struggles to increase traffic
Growth in pizza limited-service restaurants slows after dynamic pandemic period
Brands in limited-service restaurants look to grow in additional dayparts
PROSPECTS AND OPPORTUNITIES
Brands look to compete through outlet expansion
Loyalty programmes – more important than ever for value-hungry consumers
The broader effect of the California fast food minimum wage increase
CATEGORY DATA
Table 1 Limited-Service Restaurants by Category: Units/Outlets 2018-2023
Table 2 Sales in Limited-Service Restaurants by Category: Number of Transactions 2018-2023
Table 3 Sales in Limited-Service Restaurants by Category: Foodservice Value 2018-2023
Table 4 Limited-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
Table 5 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 6 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
Table 7 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2019-2023
Table 8 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2020-2023
Table 9 Forecast Limited-Service Restaurants by Category: Units/Outlets 2023-2028
Table 10 Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2023-2028
Table 11 Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2023-2028