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

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

Fast Food Chicken Restaurants in the US

The Fast Food Chicken Restaurants industry operates chicken restaurants where clients pay before eating. This industry includes take-out, delivery and purchases consumed on-site. Over the past five years, economic growth has resulted in higher disposable income levels. 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. To the industry's benefit, in 2020, industry revenue surged as people shifted to work and study from home, thus boosting demand for fast-food chicken. As restrictions were lifted, many customers have returned to work, boosting demand for breakfasts offered by fast food chicken restaurants. As a result, industry revenue is expected to grow an annualized 8.1% to $59.4 billion over the five years to 2023, including a projected 1.8% rise in 2023 alone.

This industry operates chicken restaurants where patrons pay before eating. Purchases may be consumed on-site, taken out or delivered.

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.