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The company has grown from one tiny store in Colonia, New Jersey, into an international brand with more than 45 sites, employing more than 800 people. GRIL, the parent company of Pokemoto, Muscle Maker Grill Restaurants and Superfit Foods, has been in the food-service industry since 1995. A Growing Player in the Fast Casual Food Industry? According to Allied Market Research, the industry is expected to reach nearly $210 billion by 2027.īut what is fueling the growth? Fast-casual restaurants appear to be meeting the increasing consumer demand for food that is fast, affordable, and healthier than traditional fast foods.Ĭonsumers - especially millennials - continue to seek healthy meals they can grab quickly without spending much, so it’s no surprise the fast-casual restaurant industry is one of the fastest-growing segments in food service. WEN, it seems that the world is always moving in the fast lane.Ĭonsidered as a merger between fast food and sit-down restaurant dining, the fast-casual restaurant market has grown exponentially over the years into a multibillion-dollar industry. In a fast-paced world, it seems everything is adopting the prefix “fast.”įrom fast cars, the fast-charging feature on phones like Apple Inc.’s AAPL iPhone, to fast-food restaurants like McDonald's Corp. This content is for informational purposes only and is not intended to be investing advice.
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