Consumer Trends

Consumers give fast casuals a raise

The maximum prices that consumers say they are willing to pay for fast-casual meals have gone up over the past two years, according to a recent study from Technomic. While the difference is negligible at breakfast, lunch saw a 55-cent, or 7 percent, rise; and dinner, 44 cents, or 5 percent. This may be because of menu price jumps, as well as the increasing popularity of fast casual. In comparison, QSR pricing expectations were flat over the two-year period.

consumer pricing trends

Source: Technomic 2013 and 2015 Value & Pricing Consumer Trend Reports

VIEW THE FULL FAST CASUAL PACKAGE

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Investors regain their taste for Sweetgreen

The Bottom Line: The salad chain’s stock rose 34% on Friday after sales and profitability were better than expected. The company’s shares are above its IPO price for the first time in two years.

Financing

Here's a business tool to keep restaurant executives employed after a tough Q1

Reality Check: The first three months of 2024 weren’t easy on restaurant chains, but spin-doctoring proved to be. Indeed, there must have been a run on shovels.

Food

The Taiwanese wheel cake may just become the next cronut

Behind the Menu: Money Cake opens in New York, tempting pastry fans with the waffle-cream puff hybrid.

Trending

More from our partners