Fast Food Remains Recession Proof in USBy: Shushmul Maheshwari
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Fast Food Remains Recession Proof in US
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Fast Food Remains Recession Proof in US
Busier life style of Americans and cost advantage in the time of recession will continue driving the fast food industry in the US.
According to our new research report “US Fast Food Market Outlook 2010”, consumer expenditure on fast food rose sharply in past few years, accounting for around 30% of total restaurant industry sales in 2008. With the busy life style, cost advantage and increasing demand of convenience food, the total fast food industry in the US is expected to grow at a CAGR of nearly 5% till 2010.
As per our research, consumers in the US spend nearly half of their food budget on restaurants, which creates huge opportunity for the industry. Fast food is an important segment of restaurant industry, which accounted for around 30% share of total restaurant industry in 2008, and this share is continuously increasing in the recent years due to increasing popularity of fast food in the country.
We have also found that in the phase of recession, fast food sales in US are increasing. This is due to the fact that fast food in the country is comparatively inexpensive than the traditional food and thus, more and more people are turning to fast food in the wake of economic crisis. Also, hamburger is the preferred fast food item in the country, representing the growth of around 5% in 2008 over 2007, and the same trend is expected to continue in the coming years also.
Our report “US Fast Food Market Outlook 2010”, supplements the past and current information on the US fast food industry. It provides an exhaustive research and rational analysis on fast food market in the US. This extensive research covers the major segment of fast food which will help the clients to identify the opportunities existing in the different segments of the US fast food industry. This study gives an overview on the various factors driving the fast food market, together with the forces that are blocking the growth of the industry.
The report also provides forecast on critical segments of the fast food industry in the US like Restaurant Industry, Fast Food Industry, GDP Real Growth Rate, Population Growth and Personal Disposable Income.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM014.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
US Fast Food Market Outlook 2010, Market Research Reports, Industry Report, Industry Analysis |
| Category |
Food and Drink |
| Submission Date |
Jul 27, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Food and Drink |
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RNCOS Releases a New Report- Philippines Food and Drinks Market: Emerging Opportunities
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RNCOS has recently added a new Market Research Report titled, "Philippines Food and Drinks Market: Emerging Opportunities" to its report gallery. The Philippines has emerged as one of the rapidly growing food and drinks industries in the Asian region over the recent past. The country is characterized by various factors, such as its growing young affluent population, rising disposable income and rising consumer awareness regarding health and safety concerns. With these factors, the demand for health food and drinks is surging high, says our new research report, “Philippines Food and Drinks Market: Emerging Opportunities”.
The country exports foods to several countries, including the US, Europe and some Asian countries. However, the ongoing financial turmoil is forcing the country to look at alternative destinations such as the Middle East and Africa. In line with this, it is striving hard to get a share of highly lucrative global halal food industry, explains the report.
This report is an in-depth study that evaluates the past, current and future market trends in the food and drinks industry of the Philippines. This report has been made to help clients in analyzing the opportunities, challenges and drivers critical to the growth of the industry.
The research provides detailed overview of the consumption patterns of the Philippines in various food segments like consumption of milk, fruits, vegetables, meat etc. The beverage segment talks about the type of beverages, their sales and consumption patterns among the Filipinos.
It also offers an insight into various emerging segments in the Philippines food and drinks industry. Some of these include halal food industry, organic food, food exports, processed food etc.
The report provides five-year industry forecast (2009-2013) on various food and drinks segments. The forecasts are given on:
- Consumer expenditure
- Meat
- Fruit
- Vegetable
- Fish
- Milk
- Coffee
- Alcoholic drinks
- Soft drinks
- Bottled water
Wine market
Key player profiling
This report gives the brief profiling on the major players in the Philippines food and drinks industry, including San Miguel Corporation, Jollibee Foods Corporation, Pancake House, Inc., and Pepsi-Cola Products Philippines Inc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM171.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- US Fast Food Market Outlook 2010
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RNCOS has recently added a new Market Research Report titled, "US Fast Food Market Outlook 2010" to its report gallery. US fast food industry has reported remarkable growth despite being severely affected by the economic turmoil. In the US, consumers consume more than half of their food in restaurants. Fast food is an important segment of the restaurant industry and the growth of this segment is outpacing the growth of overall restaurant industry, says “US Fast Food Market Outlook 2010”, a new report from RNCOS.
“US Fast Food Market Outlook 2010” provides extensive research and rationale analysis of the fast food industry in the US. The report thoroughly examines the current industry trends which are adding to the growth of the US fast food industry. Forecast in this research has been done with due consideration to the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and future outlook of the fast food industry in the US.
For the purpose of this report, Quick Service restaurants are considered as Fast Food restaurants.
The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers.
Our report also provides forecasts on
- Restaurant Industry
- Fast Food Industry
- Hamburger sales
- Sandwich sales
- Pizza sales
- Mexican fast food sales
- Real GDP Growth
- Population
- Per Head Personal Disposable Income
Key Players
This section provides business overview of key players in the US fast food industry. The key players discussed in the report are McDonalds Corporation, Wendy's International, Burger King Corporation, Taco Bell Corp., Pizza Hut, Inc., KFC Corporation and Subway.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM014.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- Non-Alcoholic Drinks Market: Opportunities Brazil
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RNCOS has recently added a new Market Research Report titled, “Non-Alcoholic Drinks Market: Opportunities Brazil”, to its report gallery. According to the new RNCOS report, non-alcoholic drinks have emerged as one of the most dynamic segments of the beverages industry in Brazil. Rapid product development, rising consumer awareness, busier lifestyle and growing health concerns have been fueling the demand of non-alcoholic drinks in Brazil since the past few years. Juices, energy and isotonic drinks, and mineral water are the most preferred choices among the non-alcoholic beverages segment.
Unlike carbonated drinks segment, that is experiencing a slowdown in sales, health and energy drinks segment has been growing strongly in the Latin American country. Driven by changing consumer behavior and other factors, the health and energy drinks market can be viewed as the most promising segment of non-alcoholic beverages industry in the country, says "Non-Alcoholic Drinks Market: Opportunities Brazil”, our new research study.
This report provides an in depth analysis of the non-alcoholic beverages market in Brazil. Segment-wise market trends and analysis given in the report will help the client to identify potential segments in the overall market. The past, current and future outlook on various product segments will help in analyzing the consumption and sales scenario.
The future outlook of the industry is not determined using any econometric or statistical model or evaluation, rather, it depends upon the past and the current market trends. The changing consumer preferences and behavior, and market trends have been thoroughly evaluated while identifying the future direction of the market.
Industry Forecast (2008-2011)
- Soft Drinks Sales in Billion Liter
- Juice Consumption in Million Liter
- Tea and Mate Consumption in Million Liter
- Fruit Juice Exports in Billion US$
- Mineral Water Sales in Million BRL and Volume in Billion Liter
Key Players Profiling
This section covers the key players currently operating in Brazil, including Coca-Cola FEMSA, AmBev, Red Bull and PepsiCo Inc.
For more information visit: http://rncos.com/Report/IM143.htm
Current Industry News: http://www.rncos.com/Blog/
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RNCOS New Report- Emerging Organic Food Markets
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RNCOS has recently added a new Market Research Report titled, “Emerging Organic Food Markets” to its report gallery. The report provides extensive and exhaustive research on the growing market for organic food and beverages all around the world. It defines the organic food market in various countries of the world and gives thorough insight into market trends and market segments, creating an industry overview for organic food and beverages market. In the report analysis of organic food market is done on the basis of its development level of the market, i.e. matured market and developing market.
The global organic food market is growing rapidly, with the growth rate of about 19% in 2007. Increasing health and environmental awareness among consumers is the major reason for the stupendous growth in the market. Demand for organic food is concentrated in North America and Europe, these two regions contributed around 96% of global revenues in 2007. Exceptionally high growth rates have tightened the supply in almost every sector of the market and this is creating opportunity for the organic food exporters.
At the world level, the trend of organic agriculture is picking pace and certified organic aquaculture is a quite recent initiative. Number of certification agencies and organic growers’ associations began developing specific aquaculture standards. It is projected that the countries where consumers have high disposable incomes, such as Switzerland, the US and Singapore, would drive the demand in near future.
Key Findings of the Report
- Global organic food market is expected to reach US$ 70.2 Billion by the end of 2010.
- Europe has the largest share in global organic food sales, followed by North America.
- North American organic food market grew at a CAGR of around 21% during 2005-2007. It is facing supply shortage of organic products and filling this gap by import.
- Emerging markets like Spain, Singapore and India are supported by their government to promote organic farming.
- Organic food market in Asia-Pacific is forecasted to grow at a CAGR of approx 18% during 2008-2010.
- Large retailers are increasingly focusing on aggressive, targeted marketing and promotion for organic products at the global level.
Key Issues & Facts Analyzed in the Report
- What are the market values, different product segments and geographical existence of the global organic food and beverage market?
- What are the factors driving growth in the global organic food market?
- How much farms are maintaining for organic farming in various countries?
- How is the consumer behavior in different market?
- What are the opportunities and roadblocks in the organic food market in different regions?
- How is the future outlook of the world organic food and beverage market?
Research Methodology Used in the Report
Information Sources
The information has been sourced from authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Methods
RNCOS Market forecast and analysis is based upon various macro & micro economic, sector and industry specific databases. The most important platform for forecast is our in-house statistical and analytical model, which takes in account the past and current trends in the economy and more specifically in an industry.
Also all the assumption and estimation are calculated using relationship between various industry and macroeconomic variable. Finally, our forecasting process is also informed by the active involvement of our analysts, industry experts. Involvement of these experts helps us to maintain the required accuracy and the desirable check on the quality of the data.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM172.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- Baby Food Market: Opportunities in Emerging Markets
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RNCOS has recently added a new Market Research Report titled, "Baby Food Market: Opportunities in Emerging Markets" to its report gallery. This new report is a work of in-depth study and evaluation of the past, current and future market trends in the baby food industry in emerging markets. This report has been made to help clients in analyzing the opportunities, challenges and drivers critical to the growth of the industry in the emerging economies.
Global baby food market is growing rapidly, particularly in the emerging economies. But still, North America and Europe account for the major share in total revenues. However, as for future, emerging countries like China, Russia, Brazil, Poland, Czech Republic, Saudi Arabia and Romania represents the most attractive markets for baby food industry.
Key Findings of the Report
- Increasing health awareness among consumers and changing role of women is taking expenditure on baby food high.
- The baby food markets in China, Russia, Poland and Romania are expected to grow fastest among all the emerging nations.
- The market for baby food products in China is projected to hit a CAGR rate of around 15% between 2008 and 2012.
- Global organic baby food industry is expected to reach US$ 2.26 Billion by the end of 2012, becoming the fastest growing segment in the emerging countries.
- High price and the monopoly of big players remains a major challenge for the baby food industry in these regions.
Key Issues and Facts Analyzed in the Report:
- Analysis of the emerging markets for the baby food industry.
- Outlook of the future prospects for the baby food industry in emerging markets.
- Study of the success and sensitivity factors for the industry.
- Evaluation of the major driving forces and opportunities for the industry.
Key Players Analyzed
This section covers the brief profiling about the major players in the global baby food industry, including Nestlé SA, H.J. Heinz Company and Bristol-Myers Squibb Company.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Methods
The industry forecast and analysis given in this report is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For more information visit: http://rncos.com/Report/IM156.htm
Current Industry News: http://www.rncos.com/Blog/
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