Food Service Chain restaurants on the rise
During last year, chain restaurants increased by 1% from the previous year from 289,726 to 292,943 units. According to the study, some of the reasons for the decline in independent restaurants were both quick service and the full-service segments of stores. Most independent restaurants are considered in the full-service segment including casual dining, midscale/family dining, and fine dining.
The biggest decline in the full-service restaurants was in casual and fine dining along with the quick service segment of sandwich/Mexican-type restaurants. Fast casual quick service continued to grow, increasing by 5% from 18,176 units in fall 2014 to 19,043 in fall 2015.
According to the NPD’s foodservice market research, CREST, US restaurants visits to quick-service restaurants, which represent 79% of total industry traffic, were up 1%, while full-service restaurant traffic, representing 21% of total visits, declined.