NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2010/07/28 - The US fast food industry is anticipated to grow at a CAGR of around 5% during 2009-2011, says RNCOS in its latest research report.
As per our new research report “US Fast Food Market Outlook 2010”, the US fast food industry has been witnessing impressive growth for the past few years despite the growing concerns such as rising health consciousness and increasing incidences of obesity in the US population. Our research indicates that it was the only industry that benefited from the economic meltdown as people shifted their food spending from dinning outside at restaurants to fast food products. With the increasing disposable income and investment initiatives by the leading players, it is expected that the fast food market will grow at a CAGR of around 5% during 2009-2011.
We have identified some critical factors acting as a catalyst for the US fast food industry’s current and future growth outlook. The report reveals that improving economic conditions and rising young population have renewed investments in the fast food market. Based on some concrete market fundamentals, we anticipate that the burger and sandwich segments will register one of the most impressive growths during our forecast period and will become one of the most dominating market segments.
Our systematic and thorough research of the US fast food market gives an insight into its various segments, including Burgers, Sandwiches, Pizza/Pasta, Mexican, Chicken, Snacks, Seafood and Asian. The comprehensive analysis of the market has identified Burgers as the current highest shareholder, but the future will see a revival of the overall market when other segments will post a rapid growth.
"US Fast Food Market Outlook 2010" also provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry and emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts and vendors to get in-depth knowledge of the current, past and future performance of the industry. The report provides an extensive research on the recent trends of the US fast food industry considering the impact of financial crisis on its performance.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.