Since the economic downturn, the Fast Casual segment has led the restaurant industry in both sales growth and unit growth.
Louisville, KY (PRWEB) October 18, 2011
A new infographic from FastCasual.com highlights the rapid growth of the Fast Casual segment of the restaurant industry as compared to the Limited Service and Full Service segments. The $23 billion Fast Casual segment includes chains such as Panera Bread, Chipotle Mexican Grill, Panda Express, Zaxby’s, and Five Guys Burgers and Fries.
Since the economic downturn, the Fast Casual segment has led the restaurant industry in both sales growth and unit growth. According to the infographic, Fast Casual sales grew 6.0% in 2010 compared to just 1.9% for Limited Service restaurants (which includes fast food giants like McDonald’s, Burger King, and Taco Bell) and 1.3% for Full Service restaurants (which includes chains like Applebee’s, Olive Garden, and Outback Steakhouse).
While both Limited Service (-0.6%) and Full Service (-1.4%) suffered declines in number of units from 2009 to 2010, the Fast Casual segment enjoyed 3.9% unit growth.
In addition to comparing segment growth, the infographic answers the question “What is Fast Casual?” It also identifies the segment’s top chains by annual sales and by social media popularity.
FastCasual.com published the infographic in advance of their sixth annual Fast Casual Executive Summit which convenes next week in Chicago (Oct. 23-25). The event features networking and work group sessions designed to foster the exchange of ideas and innovations covering the industry’s top strategic issues. Executives from Au Bon Pain, Corner Bakery Café, Fazoli’s, Firehouse Subs, and McAlister’s Deli are among the more than 100 attendees registered for the event.