RNCOS has recently published a new research report, "U.S. Fast Food Market Outlook 2010" which says - despite the gloomy economic conditions, the U.S. fast food industry is experiencing robust growth. The total fast food market expected to grow in coming years and will cross U.S. $ 170 billion mark in 2010.
Although economic turmoil has had an enormous negative impact on the U.S., its fast food industry is growing faster than it was growing previously. In reality, the economic meltdown will receive the American fast food industry. People are now becoming more price conscious, especially about the food, and are moving from their traditional eating out at restaurants often. All the major fast food chains have reported increases in their revenues in recent months.
Per our research report, reached sales of hamburger in Limited Service Restaurants (LSR) in the U.S. the highest level in 2008. Hamburger sales grew at a healthy rate of around 4.6% in 2008 to reach an estimated value of U.S. $ 68 billion. This uptrend will continue as sales are expected to increase in coming years mainly because of the soaring popularity of McDonald's hamburger during its Dollar Menu. It is estimated that the market for hamburger will cross U.S. $ 75 billion in 2010.
"United States Fast Food Market Outlook 2010" is a comprehensive market report that provides qualitative research and rational analysis of the fast food market in the U.S. along with a brief overview of its achievements in the past. This comprehensive research will help customers to identify opportunities that exist in different segments of the U.S. fast food industry. The report also analyzes the factors driving the fast food market together with the forces blocking its growth.
In addition, the report provides forecasts for critical parts of the U.S. fast food industry as catering, fast food industry, real GDP growth, population growth and personal disposable income.
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