+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This Chart Tells The Whole Story Of How Restaurant Industry Has Changed Over The Past Decade

Sep 6, 2014, 00:58 IST

REUTERS/Lucy NicholsonChipotle enjoyed the biggest gains of any restaurant.

The fast food business has completely changed over the past decade.

Advertisement

Dominant chains like McDonald's and Burger King have lost market share to fast-casual options like Chipotle, Panera Bread, and Buffalo Wild Wings.

This chart by Morgan Stanley shows which restaurants have become more and less popular over the past decade.

While fast casual chains still make up a smaller percentage than traditional fast food or casual restaurants, they are gaining the most traction, the analysts write.

Chipotle and Panera Bread have gained the most customers. Meanwhile, Burger King and KFC have suffered the most.

Advertisement

Other losers include casual dining restaurants like Outback and Red Lobster.

Despite an overall decline in the fast food industry, McDonald's has managed to gain customers.

The burger chain also remains the most popular restaurant in America, as evidenced by the chart below.

Advertisement

More than half of adults have visited McDonald's in the past 6 months.

The next popular restaurant was Subway, with 34% of adults visiting one of the sandwich chain's locations.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article