News

U.S. expected to lead global restaurant industry

Research and Markets unveiled its latest report, the Restaurants: Global Group of Eight (G8) Industry Guide

June 9, 2015

Research and Markets unveiled its latest report, the Restaurants: Global Group of Eight (G8) Industry Guide, according to a company press release. The G8 restaurant industry guide features qualitative and quantitative summary information including market size value and volume 2010-14 and forecast to 2019. The guide also provides descriptions of the leading players with key financial metrics and analysis of competitive pressures within the market, the release said.

The guide is designed to save time carrying out entry-level research by identifying the size, growth, major segments and leading players in the G8 restaurants market. Readers can use the Five Forces analysis to determine competitive intensity and attractiveness of the G8 restaurants market, according to the release. Additionally, company profiles reveal details of key market players' G8 operations and financial performance. The report provides comparable data from the US, Canada, Germany, France, UK, Italy, Russia and Japan with individual chapters on each country.

Highlights

• G8 countries contributed $1,324.4 billion in 2014 to the global restaurants industry, with a compound annual growth rate (CAGR) of 2.7 percent between 2010 and 2014. The G8 countries are expected to reach a value of $1,561.1 billion in 2019, with a CAGR of 3.3 percent over the 2014-19 period.
• Among the G8 nations, the US is the leading country in the restaurants industry, with market revenues of $683.4 billion in 2014. This was followed by Japan and the UK, with a value of $281 and $94.9 billion, respectively.
• The US is expected to lead the restaurants industry in the G8 nations with a value of $842.1 billion in 2016, followed by Japan and the UK with expected values of $308.3 and $105.3 billion, respectively.