“Brands that have found a way to differentiate themselves are gaining market share,” said Technomic President Ron Paul, commenting on a recently released Technomic report on industry growth.
According to report data, which was released yesterday, the Top 500 restaurant chains in the business pulled in increased numbers, roughly $264 billion last year, a significant increase compared to 2012.
Three categories — Asian; bakery/cafe; and coffee cafe — pulled in the highest growth for limited-service restaurants, with Panda Express, Panera and Starbucks leading the way.
The report also shows there has been an increase in full-service dining, and lists the Top 5 fastest-growing chains in terms of sales. Read More