Noida, India (PressExposure) October 26, 2009 -- While the US is one of the worst hit economies by 2008 financial crisis, the countryâs fast food industry has shown great resilience to the turmoil and posted positive growth in recent months, said RNCOS in its new research report âUS Fast Food Market Outlook 2010â. The ongoing uptrend is expected to continue in future as the industry is well grounded to whether the aftereffects of recession.
Our report has found that fast food constitutes major share in total revenue of the restaurant industry, making it an important and critical segment for future growth. This share is expected to grow continuously in coming years mainly due to increasing popularity of fast food among all sections and age groups of the society.
Fast food in the US is reasonably low priced than conventional food, which makes it a good deal in time of recession. Sandwich has become a preferred breakfast item of Yankees who have less time to cook for themselves at home. Analyzing the present scenario and popularity of fast food in the country, sandwich sales are expected to grow at a CAGR of above 5% in coming years.
In addition, our report includes detailed analysis of present and past trends of the restaurant industry along with information of major sub-segments of fast food industry including hamburger, sandwich, pizza and Mexican fast food. We have given forecast for all the segments after adjusting the impact of global financial crisis on their growth. The future outlook is based on past growth trends, current industry and regulatory developments including base drivers, opportunities and challenges faced by the fast food industry.
âUS Fast Food Market Outlook 2010â is a comprehensive research report that comprises quality research and in-depth analysis of the US fast food industry. It studies the emerging market trends, recent developments and their impact on the sector. The report will help clients to analyze the leading-edge opportunities, key players and all the other factors which are critical for the success of a new entrant in the US fast food industry.
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