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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: 722212, 722211, 722110, 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
GMRI, INC.5,789.00MOrlando, FL
ZENSHO HOLDINGS CO., LTD.4,474.07MMinato-Ku, Tky
Bullet - Yellow Arrow Box There are 2,021,968 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer spending on services, an indicator of restaurant sales, rose 2.1 percent in March 2012 compared to the same month in 2011.
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Quarterly Industry Update

Restaurant Sector Growth Predicted - US restaurant and food service sales are expected to grow by 3.5 percent to $632 billion in 2012, according to a forecast from the National...
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