Noida, UP India (PressExposure) February 22, 2011 -- According to our latest report "US Fast Food Market Outlook 2010", the US fast food industry has emerged as one of the leading industries in the country. Despite growing health concerns and people becoming more budget conscious, the US is witnessing constant rise in fast food sales. Our research report has found that the fast food sales in the US will grow at an impressive CAGR of over 4.7% during 2009-2011.
As per our research, main reasons for the growth of this industry are the rapidly growing young population and lower price of fast food compared to traditional food items. Besides, other strong fundamental drivers discussed and analyzed in the report will enable this market to sustain its upward growth trend in the coming years.
Apart from this, our report reveals that the Americans spend more money on fast food when a comparison is drawn with other requirements, such as higher education, software, personal computers, or new cars. In fact, their expenditure on fast food is higher than spending on videos, movies, magazines, books, newspapers, and recorded music. The fast food spending has increased over 30 times since 1970.
Besides, our report analyzes various segments, including burgers, sandwiches, pizza/pasta, Mexican, chicken, snacks, seafood, and Asian foods. The report has analyzed all the segments in detail and provides ongoing and future projected performance trends of the industry.
Our report "US Fast Food Market Outlook 2010", provides the consumer behavior in context of spending on fast food and other essential items to provide a deep insight into the current food consumption patterns. Moreover, the report 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. The report provides an extensive research on the recent trends of the US fast food industry along with impartial analysis considering the impact of financial crisis on its performance. In this way, our research will help consultants, industry analysts, and vendors to get an in-depth knowledge of the current, past, and future performance of the industry.
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