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Hoover's Directories > Industry Overviews > Restaurants

Restaurants

  • Overview
  • Risks & Opportunities
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Industry Description

The US restaurant industry includes about 480,000 restaurants with combined annual revenue of about $400 billion. Major companies include McDonald's; YUM! Brands (KFC, Pizza Hut, Taco Bell); and Darden Restaurants (Olive Garden, Red Lobster). The industry is highly fragmented: the 50 largest companies hold just 20 percent of the market.

SIC: 5812
NAICS: 722110, 722211, 722212, 722213
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Top 5 Companies

CompanySalesLocation
QANTAS CATERING GROUP LIMITED15,780.19MMascot, Nsw
Q CATERING LIMITED15,318.25MMascot, Nsw
Q CATERING CAIRNS PTY LIMITED11,792.96MAeroglen, Qld
Shanghai Chevalier Trade Co., Ltd.6,835.00MShanghai, China
GMRI, INC.5,774.40MOrlando, FL
Bullet - Yellow Arrow Box There are 2,118,611 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer spending on services, an indicator of restaurant sales, rose 1.8 percent in November 2011 compared to the same month in 2010.
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Quarterly Industry Update

Bakery Café Segment Expanding  - Sales at US bakery cafés increased 12 percent and the number of locations rose 4.2 percent between 2008 and 2011, according to Technomic. The dining...
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