Restaurant Industry in India-Final
Restaurant Industry in India-Final
Restaurant Industry in India-Final
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The current QSR market is estimated to be INR 5,500 Cr and it is projected to grow to INR 16,785 Cr by the year 2018 at a CAGR of 25%
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The Fine Dining restaurant market is estimated to be INR 500 Cr and it is projected to grow to INR 1,010 Cr by the year 2018 at a CAGR of 15%
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The Fine Dining restaurant market is estimated to be INR 3,950 Cr and it is projected to grow to INR 9,035 Cr by the year 2018 at a CAGR of 18%
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Growth prediction
Segment
CAGR (%)
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8,000
6,000 4,000 2,000 0 QSR Fine Dining Segment Casual Dining 1,010 500 5,500 3,950 Projection for 2018 (INR in Crore)
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Conclusion
The rapid growth in this industry is going to be propelled by the QSR segment which is expected to grow at a CAGR of 25% by 2018. New store additions will increase by 16-18 per cent annually, propelled by the rapid expansion of global players into tier II and tier III cities Several international brands have entered the sectors such as Starbucks, IKEA etc. Carls Jr and Debonaires Pizza are also expected to enter this segment.
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