United States Restaurants Market, Forecast by Segment & Services | Renub Research
United States Restaurant Market will be US$ 1,064 Million by 2026. Forecast by Segment, Commercial Services by Sub-segment, Non-commercial Services by Sub-segment, Restaurant Expenditures, Key Players
By: Renub Research
COVID Impact on Restaurant Industry of the United States
Due to COVID-19 pandemic, the government had to close the restaurants to stop the spread of disease. This had a cascading effect on the restaurant sector of the United States. It led to staff layoffs, a sharp decline in income for QSR chains and closure of many independent restaurants. However, according to our research, we feel that the worst is behind us and in the second half of the 2020 restaurant industry will revive. Once the vaccine will come into the market in October to November than USA restaurant industry will grow at a much faster rate in 2021.
Factors Driving the Market
• There has been significant growth in online ordering due to increased digitalization of foodservice.
• Demand for organic food is growing in United States homes, so it's imperative that healthy and organic food will be the focus of restaurants.
• The use of robots in the hospitality industry is rising, thus solving the issue of high labour cost.
In this report, we have done complete assessments on United States Restaurant market by its segment as Commercial Restaurant Services, Non-commercial Restaurant Services, and Military Restaurant Services market. In addition to this how people in the United States dine out with their family, friends, acquaintances and contribute to the development of this industry.
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