US Pizza/Pasta Segment Continues to Propel Fast Food Industry
With low cost, increasing young population, and cost competitive advantages, US pizza/pasta segment will surge at a CAGR of around 2% during 2011-2014, RNCOS identified.
- (1888PressRelease) June 30, 2011 - According to our research report "US Fast Food Market Forecast to 2014", pizza/pasta segment in the US fast good industry has been witnessing tremendous growth on the back of low cost & take out facility. Besides, increasing consumer income and opening of large number of outlets in different locations have spurred the growth of this segment in the country. Moreover, with growing young population and highly busy life, we expect that the sales of pizza/pasta in the US will surge at a CAGR of around 2% during 2011-2014.
Our research analysis found that, pasta is another food category, which is largely consumed by Americans. The US population consumes about 6 Billion LBS of pasta annually. As one of the largest consumer of pasta and only sixth largest in terms of per capita consumption, the country offers huge opportunity for the players to increase their business presence.
Further, the report identified some critical factors acting as a catalyst for the US fast food industry's current and future growth outlook.
Ongoing research analysis provides extensive information on the growing fast food industry in the US. The report also discusses the market structure, current, and past market performance, and the factors critical to the success of the industry in the US. Additionally, it provides overall restaurant industry trends analysis to facilitate a balanced market understanding. The report categorizes the entire fast food industry into four important segments and analyzed all the segments in detail and provides ongoing and future projected performance trends within the US perspective.
"US Fast Food Market Forecast to 2014" has also presented the segment wise industry forecast based on correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the US fast food market and will prove decisive for the clients. Additionally, the report provides the consumer behavior in context of spending on fast food and other essential items to present a deep insight into the current food consumption patterns. Competitive landscape is also provided in the report to enable clients understand present market structure as well future growth prospects.
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