QSR and Fast Casual Market Dynamics and M&A Trends

This document is a research report that outlines the market dynamics and recent M&A trends in the Quick-Service Restaurant (QSR) and Fast Casual sectors. It provides a comprehensive primer on the market, detailing definitions, segmentation, channels, and the overall market structure. The report highlights macro tailwinds and headwinds projected from 2025 to 2027, including factors such as labor inflation and changing consumer preferences. It discusses operating models, emphasizing the dominance of franchised models and their economic advantages. Recent trends in mergers and acquisitions are documented, showcasing the industry's shift towards refranchising and portfolio optimization. The report also includes insights from industry experts regarding operational strategies and consumer behavior, particularly focusing on the impact of digital loyalty programs and technology adoption. Overall, the document serves as a detailed resource for understanding the current landscape and future outlook of the QSR and Fast Casual markets.