Industry Analysis & Industry Trends
Although the recession caused individuals to eat out less, increasing disposable incomes will turn this trend around, resulting in greater demand for fast food options. Fast food restaurants will benefit from expanding their menus and adding new operations overseas in the next five years. Operators will look to benefit from high-margin and nontraditional menu items to capitalize on increased spending... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Despite the recent downturn in revenue, the Fast Food Restaurants industry is firmly entrenched in the mature stage of its life cycle. The latest revenue decline can be directly attributed to the economic recession. Over the 10 years to 2018, industry value added, which measures an industry's contribution to US GDP, is forecast to grow at an average rate of 1.6% per year, compared with estimated GDP annualized growth of 2.1% over the same period. Thus, the industry has exhibited slow and steady long-term growth, in line with the economy as a whole.
In recent years, a number of mergers and acquisitions has changed the face of major players in the industry, including the Wendy's-Arby's merger and 3G Capital's recent acquisition of Burger King... purchase to read more