The average consumer is now health conscious and works out twice a week. This change reflects the broader movement among the population to live a healthier, more balanced lifestyle.
What are some of the bigger challenges facing the industry? Perceptions of unhealthy menus. Generally fast food has a reputation for unhealthy food, while consumer tastes in the United States continue to drift towards healthier options. While still a risk, this is not a new dynamic and the industry is already fighting back successfully.
Poor working conditions and low wages. Quite simply this means people work full time jobs but cannot make a living wage, and taxpayers close the gap. Within the last several years employees have been organizing and demanding increased wages - winning their fight in NYC and several other major metropolitan areas.
Fast food restaurants have high human resource costs due to staffing the kitchen, the counter and the cleaning crews - and any increase in wages crunches the bottom line. Only some of these costs will be able to be passed on to the consumer.
Think about Taco Bell representing Mexican cuisine to many Americans. Losing business to Fast Casual. Related in part to concerns about healthy options, fast casual is the fastest growing segment of the restaurant industry, and is largely stealing market share from the fast food restaurants.
The food is still fast But the quality is at least perceived to be higher and the menu choices considered to be more dynamic. How is the industry responding to these challenges?
Healthier options Franchise concepts based on healthier ingredients and meal choices continue to pop up, and the old stalwarts continue to add healthy options to their menus.
Locally sourced ingredients - something that has been counter to much of the fast food industry distribution model - are on the rise.
Major chains are promising to source fresher ingredients with less additives, free-range chicken is showing up on more menus, and some restaurants are offering vegetables as a main course or the primary side. Higher prices and more efficient operations Labor concerns are a stickier problem.
Some of the increased costs can be passed on to the consumer - but not all.
Fast food is desirable in part for the low price, and consumers are price sensitive. Some franchises are working to reduce their labor costs. In other words, figuring out creative ways to employ fewer people, primarily by leveraging technology.
Self-serve kiosks and mobile apps for ordering and paying are the primary examples seen in newer franchises.
Franchise Diversity New micro cuisine franchises are gaining in popularity. How about Hawaiian food? Watch out fast casual!
Stronger flavor profiles have also started popping up in and consumers are loving them. Non-traditional locations Drive-thru and stand alone stores still dominate the fast food landscape, but some chains are exploring new options such as counter service within larger stores, catering and even delivery.
Looking to become a fast food franchisee? Fast food franchises benefit from consistent delivery of both food and experience - look for franchise opportunities with a proven and cost effective system.
Menu options need to be creative and offer both healthy and indulgent options. New plays on old favorites, healthier versions of classics, or unique flavor profiles like a spicy dessert are just a few examples.The Future of UAE Foodservice.
The continued growth of UAE restaurant chains is a positive sign for the industry at large, but it does mean increased competition. Drivers - Craft Beer and Quality Food. In a highly competitive industry, BJ's success will depend heavily on its ability to differentiate itself.
Fast Food Industry in Turkey - Fast Food Industry in Turkey Turkey has a fast growing $ billion HRI food service sector, due to increased incomes,urbanization, more women working outside the home, and huge growth in tourism.
The U.S. manufacturing sector will regain all of the output lost since June by April , indicates a recent report from the Manufacturers Alliance for Productivity and Innovation (MAPI). Fast food restaurant analysis is a marketing research function that shows how certain fast food restaurants compare with their competitors on sales, service and even product quality.
Restaurants & Food Service. Food service industry analysis shows the evolving nature of restaurant and food service, characterized by embracing the customer experience, driving employee engagement, dominating delivery, and competing with non-traditional players.