Fast Food to Boost US Restaurant Industry Growth, Says RNCOS

Noida, India (PressExposure) December 28, 2009 -- RNCOS, the global market research leader, has extensively evaluated the US fast food industry potentials in its latest research offering “US Fast Food Market Outlook 2010”. The conceptual analysis of various prominent market segments together exhibited a strongly performing and rapidly growing market, which displayed strong resilience to economic slowdown.

We have thoroughly analyzed the US fast food industry and identified decisive market trends shaping the industry’s current and future growth prospects. As discussed in report, the restaurant industry remains a cornerstone of the US economy, representing 4% of the US GDP and employing major part of the total US workforce. Even in the wake of financial crisis, consumers in the US are relying on restaurants, which is the consequence of several supporting factors analyzed extensively in the report.

Further, the report reveals that, fast food sales are rapidly growing in the country. The segment is fast becoming a solid growth driver of entire restaurant industry amid various decisive market trends addressed in the research. We have evaluated the potentials of all market sub-segments such as hamburger, sandwich, pizza, Mexican food and found their future growth rate is expected to be quite encouraging.

In addition, fast food remains among the top 10 franchise industries in the US, with some of the brands being the largest franchisee not only in the US but also at the global level. The fast food franchising industry is expected to grow further in coming years and emerge as a lucrative market segment.

Our report, “US Fast Food Market Outlook 2010”, provides unmatched market analysis and facilitates cutting edge market intelligence of the fast food industry. The report provides qualitative as well as quantitative analysis of current as well as future market trends, which are leading the industry towards strong, market developments. The report also includes forecast for different segments of the fast food industry with due consideration to the possible negative effects of recession on the industry which enables a balanced market approach in evaluation and treatment of analysis.

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About RNCOS E-Services Pvt. Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: December 28, 2009 at 1:01 am
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