Fast Food Chicken Franchises in the US - Industry Market Research Report

Fast Food Chicken Franchises in the US - Industry Market Research Report

Fast Food Chicken Franchises

The Fast Food Chicken Franchises industry operates franchised chicken restaurants where clients pay before eating. This industry includes take-out, delivery and purchases consumed on-site. Over the five years to 2019, economic growth has resulted in increased employment and higher levels of disposable income. Simultaneously, consumer preferences have shifted as more individuals have become more health conscious. During the five-year period, the industry has grappled with these significant changes in downstream demand by expanding menus to include healthier alternatives. Industry performance depends on consumers' ability to purchase industry goods. During the five-year period, the national unemployment rate decreased, which consequently increased consumers' disposable income. As a result, consumer spending has increased enabling consumers to dine out more frequently and increase the number of domestic vacations. Industry establishments are frequently located next to highways and other high traffic areas to entice travelers and consumers alike to grab a quick and inexpensive meal. Moving forward, industry growth is projected to continue to rise as the industry continued to expand menus to include additional healthier options and continue to benefit from the trends of the previous period.

This industry operates franchised chicken restaurants where patrons pay before eating. Purchases may be consumed on-site, taken out or delivered. Reports in IBISWorld’s Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. These reports also highlight the largest franchisors by market share.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.