US Quick Service Restaurants Market Report 2022
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This report provides comprehensive and current information and analysis of the Quick Service Restaurants market including Quick Service Restaurants market size, anticipated market forecast, relevant market segmentation, and industry trends for the Quick Service Restaurants market in the US.
The foodservice industry continues to battle pandemic-related challenges that compromise its recovery and yet, QSRs have enjoyed relatively stable restaurant ordering over 2021, with 62% of consumers ordering at least once a week.
QSRs’ ability to serve consumers’ expanded needs for speed and convenience is compromised by the labor crisis the foodservice industry is currently facing. Foodservice workers continue to feel disempowered and underpaid and so operators are competing on pay and benefits to fill positions. Continual investment in technologies and formats that enable efficient operations with fewer resources will be crucial for success as QSRs deal with higher costs and rely heavily on revenues from off-premise consumption.
In light of inflation, consumers are likely to reduce spending on discretionary categories including foodservice. QSR operators will need to strongly deliver on value through loyalty and subscription programs, high-quality offerings, and expanded presence in nontraditional formats such as takeout-/delivery-only locations and grocery stores.
Consumers are enthusiastic about engaging with QSRs online and are interested in participating in loyalty and subscription programs. This is a great time for QSRs to invest in proprietary mobile apps and encourage consumers to order directly more frequently. Doing so also grants operators access to valuable data that can be used to make the consumer journey highly personalized.
Read on to discover more about the Quick Service Restaurants consumer market, read our How America Dines Market Report 2021, or take a look at our other Fast Food Market research reports.
Brands include: Starbucks, McDonald’s, Taco Bell, Chipotle, Roblox, Twitch, YouTube, Patreon, Domino’s, KFC, Arby’s, Chick-fil-A, Wendy’s, White Castle, Captain D’s.
This report, written by Varchasvi, a leading analyst in the Foodservice sector, delivers in-depth commentary and analysis on the quick service restaurant industry to highlight current trends and add expert context to the numbers.
QSR offerings and services, both on and off-premise, are rapidly evolving as automation and technological investments become ubiquitous in the industry. These are necessary investments that lend QSRs the opportunity to deliver a highly efficient and personalized experience to their customers, whose needs for value and convenience are now elevated and must be prioritized.
Varchasvi
Analyst, US Foodservice and Mintel Menu Insights
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Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
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Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.