Over the five years through 2025-26, full-service restaurants’ revenue is expected to edge downwards at a compound annual rate of 6.4%. Restaurants face sustained pressure from rising labour, food and energy costs. Despite 2.7% annual employment growth, vacancies remain 48% above pre-pandemic levels, driving wage inflation and eroding profitability. Smaller venues have been the hardest hit, with companies adopting automation, flexible scheduling and well-being initiatives to attract and retain staff. High food inflation (5.1% in August 2025) and volatile energy bills are further squeezing margins, forcing restaurants to simplify menus, prioritise local sourcing and enhance efficiency. In response to tighter consumer spending, restaurants have ramped up promotions and embraced experience-led dining. Guests increasingly pay premiums for tasting menus, curated events and personalised service. Digital visibility, social media storytelling and loyalty programmes like Dishoom’s Matka Keyring are redefining engagement, turning customers into advocates. AI and sustainability are becoming strategic imperatives, improving productivity and appealing to eco-conscious diners. In an environment where cost pressures limit price flexibility, differentiation through storytelling, innovation and efficiency are determining which restaurants survive and thrive in this challenging market. In 2025-26, revenue is anticipated to inch up by 1.7%, reaching £24.7 billion. Over the five years through 2030-31, revenue is expected to climb at a compound annual rate of 3.8% to £30 billion. Social media remains a vital growth engine, with TikTok and Instagram driving visibility and bookings through storytelling, influencer partnerships and user-generated content. Promotions and loyalty schemes are equally crucial as consumers dine out less frequently but seek stronger value and personalisation. Smart loyalty programmes offering tailored rewards are helping restaurants retain customers and gather valuable behavioural data. Younger diners are redefining value through experience and innovation rather than discounts. Restaurants that deliver personalised, story-led dining via immersive menus, tailored communications and flexible formats are winning loyalty. At the same time, solo and group dining are both rising, encouraging adaptable layouts and menu designs. Sustainability and AI adoption are transforming operations. Eco-conscious sourcing, waste reduction and digital tools will also underpin restaurants competitiveness. Restaurants that blend sustainability, technology and storytelling are set to fare well in the next era of UK dining.

The size of the United States Full-Service Restaurants Market was valued at USD 324,900 Million in 2023 and is projected to reach USD 554,120 Million by 2032, with an expected CAGR of 4.10% during the forecast period. Recent developments include: January 2023: Applebee’s announced the return of its USD 6 Smoocho Mucho Sips.December 2022: Dine Brands Global Inc. acquired Fuzzy's Taco Shop® ("Fuzzy's") from Experiential Brands LLC, a wholly-owned subsidiary of NRD Holding Company, for USD 80 million in cash.November 2022: Brinker International announced that its brand Chili's Grill & Bar launched its first to-go-only location nationwide.. Key drivers for this market are: Increasing Demand for Functional and Fortified Food, Multi-functionality and Wide Application of Riboflavin. Potential restraints include: Low Stability of Riboflavin on Exposure to Light and Heat. Notable trends are: A significant rise in tourist arrivals is driving the market growth, capitalizing on the opportunities presented by the influx of visitors.

France was the country with the most Michelin-starred restaurants in the world as of November 2025, with 642 restaurants in the country having been awarded one, two, or three stars. Meanwhile, second in the ranking was Italy which had 376 restaurants with Michelin stars. Japan came in third with 351 restaurants. Japan is also home to the city with the most Michelin-starred restaurants in the world, Tokyo. What is the world’s highest-priced Michelin-starred restaurant? The most expensive Michelin-starred restaurant worldwide, was Ultraviolet in Shanghai, China. Visitors to the high-end Asian dining concept were expected to pay around 1.4 thousand U.S. dollars for a full-tasting course. Two of the top five restaurants in the ranking, Ultraviolet and Kitcho Arashiyama Honten, were located in Asian countries. What is the best restaurant in the world? “The World’s 50 Best Restaurants,” published by William Reed Business Media, is widely considered to be the Oscars of gastronomy. In 2023, the publication ranked “Maido” to be the best restaurant in the world. The Peruvian restaurant combines Japanese techniques and Peruvian ingredients into Nikkei cuisine, in particular referencing ingredients and traditions from the Peruvian Amazon.

This statistic shows the revenue of the industry “full-service restaurants“ in Florida from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of full-service restaurants in Florida will amount to approximately **** billion U.S. Dollars by 2024.

Full-Service Restaurants Market Outlook

The global full-service restaurants market size was valued at approximately USD 1.2 trillion in 2023 and is projected to reach around USD 1.8 trillion by 2032, growing at a CAGR of 4.5% during the forecast period. The growth of this market is driven by rising disposable incomes, changing consumer lifestyles, and increasing demand for dining-out experiences. As consumers continue to seek diverse and unique culinary experiences, the full-service restaurant industry is poised to expand significantly over the coming years.

One of the primary growth factors for the full-service restaurants market is the increasing disposable income among households across various regions. As people have more money to spend, they are allocating a larger portion of their income to dining out. This trend is particularly evident in urban areas, where busy lifestyles and a growing number of working professionals are driving demand for convenient and high-quality dining options. Furthermore, the rise of dual-income households has also contributed to this growth, as families are more likely to dine out due to time constraints and the desire for social experiences.

Another significant growth factor is the changing consumer preferences towards unique and diverse culinary experiences. With globalization and the influence of various cultures, consumers are increasingly seeking out new and exotic cuisines. This trend has led to the proliferation of different types of full-service restaurants, ranging from fine dining establishments to casual dining spots that offer a variety of international cuisines. Additionally, the growing awareness and emphasis on healthy eating habits have prompted restaurants to innovate and offer healthier menu options, thereby attracting a broader customer base.

The advent of technology and the integration of digital solutions have also played a crucial role in the growth of the full-service restaurants market. The use of advanced POS systems, online reservations, and food delivery apps has streamlined operations and enhanced the overall customer experience. These technological advancements have enabled restaurants to manage their resources more efficiently, reduce wait times, and offer personalized services, thereby increasing customer satisfaction and loyalty. Moreover, the rise of social media and online reviews has significantly influenced consumer choices, prompting restaurants to maintain high standards of quality and service.

Regionally, the growth of the full-service restaurants market is influenced by various factors such as economic development, urbanization, and cultural preferences. For instance, in Asia Pacific, the market is experiencing rapid growth due to the expanding middle class, urbanization, and the influence of Western dining trends. North America and Europe, on the other hand, are mature markets with a high concentration of full-service restaurants, but they continue to grow steadily due to innovation and diversification in menu offerings and dining concepts. Latin America and the Middle East & Africa are also witnessing growth, driven by increasing tourism and a growing appetite for diverse dining experiences.

Service Type Analysis

When analyzing the full-service restaurants market by service type, it is essential to consider the various categories such as fine dining, casual dining, family style, and others. Fine dining establishments are characterized by their high-quality food, superior service, and elegant ambiance. These restaurants typically target affluent consumers who are willing to pay a premium for an exceptional dining experience. The fine dining segment is expected to grow steadily, driven by the increasing number of high-net-worth individuals and the rising demand for exclusive dining experiences.

Casual dining restaurants, on the other hand, offer a more relaxed and affordable dining experience compared to fine dining establishments. This segment caters to a broader customer base, including families, young professionals, and groups of friends. Casual dining restaurants often feature diverse menus and are known for their trendy and comfortable settings. The growth of this segment can be attributed to the increasing preference for dining out among millennials and the rising demand for affordable yet enjoyable dining options.

Family-style restaurants are designed to cater to families and large groups, offering generous portions and a family-friendly atmosphere. These establishments typically serve a variety of comfort foods and traditional dishes, maki

Forecast: Full-Service Restaurants Industry Gross Output in the US 2024 - 2028 Discover more data with ReportLinker!

The Single Location Full-Service Restaurants industry in Virginia is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Graph and download economic data for Sectoral Output Price Deflator for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States (IPUTN722511T051000000) from 1988 to 2024 about restaurant, accommodation, output, NAICS, IP, food, services, and USA.

In 2024, the market size of the full-service restaurant sector in the United Kingdom decreased by ****percent from the previous year, reaching ***** billion British pounds. This figure was forecast to increase in 2025 to ******billion British pounds.

The India Full Service Restaurant (FSR) market is experiencing robust growth, driven by rising disposable incomes, changing lifestyles, and a burgeoning young population with a preference for dining out. The market's segmentation reveals a diverse landscape, with Asian, European, and North American cuisines holding significant shares. Chained outlets are increasingly dominating the market, leveraging brand recognition and economies of scale to expand their presence across various locations like leisure centers, hotels, and standalone establishments. The growth is further fueled by increasing tourism and a preference for convenient, high-quality dining experiences. While challenges exist, including rising input costs and competition from quick-service restaurants (QSRs), the overall market outlook remains positive. Strategic partnerships, menu innovation, and focus on customer experience are key strategies adopted by leading players like Barbeque Nation Hospitality Ltd., Haldiram Foods International Pvt Ltd., and ITC Limited to maintain a competitive edge. The expansion of the middle class and the increasing adoption of online food ordering and delivery services are also expected to significantly contribute to market growth in the coming years. Growth is expected to be particularly strong in urban areas with a high concentration of young professionals and tourists. The forecast period (2025-2033) projects continued expansion of the India FSR market. While precise CAGR figures are unavailable, assuming a moderate growth trajectory consistent with emerging market dynamics, a conservative estimate of a 7-8% annual growth rate would be reasonable. This is based on the current trends of increased urbanization, rising tourism, and the continuous evolution of consumer preferences towards diverse culinary options and experiences. This growth will be largely driven by the expansion of existing restaurant chains into new locations and the emergence of new players catering to niche market segments. Key areas for future growth include enhancing the digital experience and optimizing supply chain efficiencies. Recent developments include: August 2023: ITC invested nearly USD 72.415 million in opening its 12th luxury hotel chain in Gujarat.January 2023: Indian Hotels Company (IHCL) announced the signing of its first hotel in Indore, Madhya Pradesh, under the Vivanta brand. The Greenfield project is slated to open in 2026.December 2022: Ohri's Group identified four brands: Qaffeine-The Coffee Shop, Sahib's Barbeque, Cake Nation, and Ming's Court, to expand its operations in India. By 2026, the company plans to expand, with its first phase beginning operations in Bengaluru, Pune, Mumbai, and Goa. In the next two years, Ohri's will be visible across major towns in the country.. Notable trends are: Residents looking for international cuisines and increased dine-out culture fueling the sales.

The Single Location Full-Service Restaurants industry in Indiana is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Graph and download economic data for Hourly Compensation for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States (IPUTN722511U120000000) from 1987 to 2024 about restaurant, accommodation, compensation, NAICS, hours, IP, food, services, and USA.

The United States Foodservice Restaurants Market Report is Segmented by Foodservice Type (Cafes & Bars, Cloud Kitchens, Full-Service Restaurants, Quick-Service Restaurants), Outlet (Chained Outlets, Independent Outlets), Location (Leisure, Lodging, Retail, Standalone, Travel), Service Type (Dine-In, Takeaway, Delivery), and Geography (United States). The Market Forecasts are Provided in Terms of Value (USD).

United States Foodservice Market size was valued at USD 0.74 Trillion in 2024 and is projected to reach USD 1.63 Trillion by 2032, growing at a CAGR of 10.4% from 2026 to 2032.The United States Foodservice Market is a dynamic and evolving industry, with its growth trajectory shaped by a confluence of consumer, economic, and technological factors. As lifestyles become more fast paced and consumer preferences diversify, businesses in the foodservice sector are adapting to meet new demands. The following key drivers are at the forefront of this transformation, creating opportunities and shaping the competitive landscape.Demand for Convenience: The increasing demand for convenience is a primary driver of the U.S. foodservice market. With busy lifestyles and a growing number of working individuals and families, consumers are placing a premium on time saving dining choices.

Graph and download economic data for Real Sectoral Output for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States (IPUTN722511T011000000) from 1988 to 2024 about restaurant, accommodation, output, NAICS, IP, food, services, and USA.

This statistic shows the revenue of the industry “restaurants and other eating places“ in Georgia from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of restaurants and other eating places in Georgia will amount to approximately **** billion U.S. Dollars by 2024.

This statistic shows the revenue of the industry “restaurants and other eating places“ in New York by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of restaurants and other eating places in New York will amount to approximately **** billion U.S. Dollars by 2024.

Graph and download economic data for Employment for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States (IPUTN722511W010000000) from 1987 to 2024 about restaurant, accommodation, NAICS, IP, food, services, employment, and USA.

Market Size statistics on the Full-Service Restaurants industry in the UK

The India Foodservice Market Report is Segmented by Foodservice Type (Cafés and Bars, Cloud Kitchens, Full-Service Restaurants, Quick-Service Restaurants), Outlet (Chained Outlets and Independent Outlets), Location (Leisure, Lodging, Retail, Standalone, Travel), Service Type (Dine-In, Takeaway, Delivery), and Geography (India). The Market Forecasts are Provided in Terms of Value (USD).