Industry Analysis & Industry Trends
The Pizza Restaurants industry has risen slowly over the past five years while battling anemic consumer spending and changing preferences. Intense external competition from a variety of new food-services concepts and an increase in health consciousness among consumers have also worked against the industry. Despite these obstacles, many operators have performed well, adapting their menus and investing in advanced technology, including sophisticated web-based ordering systems, to boost efficiency and improve profit margins. In the coming years, the industry will continue to rise over the next five years as the economy improves and consumers spend more on eating out.... purchase to read more
Industry Report - Industry Key Buyers Chapter
In 2015, IBISWorld estimates the top four industry companies to represent 39.7% of total industry revenue, which indicates a low level of concentration among the industry's largest players. While there are well-established and well-known pizza brands in the industry, there is also a large number of small, independent and locally focused pizza restaurants across the United States. According PMQ Pizza Magazine, about 54.3% of US pizza stores are small independently owned restaurants. This is consistent with the broader restaurants sector.
Over the five years to 2015, concentration has increased slightly. As unprofitable operators have exited the industry, survivors have captured a larger portion of demand, increasing their presence in the Pizza Restaurants industry... purchase to read more