Global restaurant industry sales more than $2B in 2014, study says

A report released by Research and Markets, the Global Restaurants industry guide, contains a qualitative and quantitative summary of information including market size and forecasts, the company said in an announcement. Descriptions of key players, along with financial metrics and an analysis of competitive pressures within the market are also included with the report.

Highlights:

The global restaurants industry had total sales of $2,737.1bn in 2014, representing a compound annual growth rate (CAGR) of 6.4% between 2010 and 2014.
Industry volume increased with a CAGR of 2% between 2010 and 2014, to reach a total of 65,461.9 thousand employees in 2014.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 6.8% for the five-year period 2014 - 2019, which is expected to drive the industry to a value of $3,805.8bn by the end of 2019.

Questions answered:

- What was the size of the global restaurants market by value in 2014?
- What will be the size of the global restaurants market in 2019?
- What factors are affecting the strength of competition in the global restaurants market?
- How has the market performed over the last five years?
- What are the main segments that make up the global restaurants market?