|Market Research A to Z | Company Profiles A to Z | Register | Contact Us | Shopping Basket|
|+44 (0) 203 086 8600 Call us on|
While still dwarfed on a global level by the larger independent sector, chained restaurants as a group have seen strong, steady growth over the last five years, with double-digit annual growth rates common over the review period. This expansion has taken place across a wide range of markets, both developed and emerging alike -on a global level, there has been a move towards more standardisation, better quality, and more coherent branding, with major global chains like McDonald's and YUM! Brands joined by increasingly competent local/regional operators such as Nando's in South Africa and the UK, Chipotle Mexican Grill in the US, and others.
This is partly due to strong, steady growth among the largest global brands -rising disposable income and greater time constraints have boosted demand for chains such as McDonald's and KFC, while exposure to these chains has, in turn, created greater demand for the kind of consistency and quality chained brands offer. As this report will show, the success of chained foodservice has also boosted demand for local partners, with the dominance of the franchise business model making competent local operators a priority. As a result, many of the largest, most successful franchisees have become sizable businesses in their own right, creating a whole new category of innovative, well-capitalised operators.
While developed markets such as the US, France, and Canada will remain important, emerging markets are expected to lead in both absolute and percentage growth of chains over the forecast period. China is projected to lead all markets in absolute growth, adding more than US$7 billion in chained sales over the next five years, while Romania is expected to lead in percentage growth, expanding more than 120% over the forecast period.
Author: Paul Chapman, Analyst
Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support
Use our skills and global network of researchers and consultants to help find and source the business information you need.
Contact us now on 00 44 (0) 203 0868600 or "enquiries @ companiesandmarkets.com" to discuss you requirements and we can provide you with a research solution at suprisingly efficient rates and timelines.
Sometimes we can even find the information you require for free.
We are offering our clients substantial savings on the best research available during July. Please contact us either via email or by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600.