Fast Casual Restaurant Market to Reach $209.1 Billion by 2027
According to Allied Market Research, the global fast casual restaurant market garnered $125.6 billion in 2019, and is estimated to reach $209.1 billion by 2027, registering a CAGR of 10.6% from 2021 to 2027.
Drivers, Restraints, and Opportunities:
Increase in popularity of fast casual restaurants, low entry barriers, and high profits resulting drive the growth of the global fast casual restaurant market. However, high cost compared to quick service restaurants hinders the market growth. On the other hand, early adoption of technologies and hygienic cooking environment are anticipated to offer...
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