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Market Outlook: US Foodservice—Value Initiatives Take Center Stage Amid Waning Consumer Traffic

What's Inside

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

In this Market Outlook, we explore the size and trajectory of the US food-away-from-home (FAFH, also known as foodservice) market and key factors impacting growth. We also cover the performance and outlook for online food delivery in the US, as well as the overall market’s competitive landscape, innovators and themes we are watching in 2024 and beyond.

Data in this research report include:

  • US FAFH total sales and sales growth, 2019–2028E
  • US online meal-delivery sales, 2019–2028E
  • FAFH and total inflation, September 2022–January 2024
  • Global and US revenues of major publicly traded restaurant chains in the US, FY18–FY23
  • Store numbers of the top five restaurant chains (by store portfolio) in the US

Companies mentioned in this report include: Chipotle, Domino’s Pizza, Dunkin’, McDonald’s, Restaurant Brands International, Shake Shack, Starbucks, Subway, Taco Bell, Wendy’s, Yum! Brands

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