Fast-casual restaurants are a type of quick service restaurant. In comparison with traditional fast food, fast casual restaurants serve a higher quality of food which is their distinguishing factor. Chipotle Mexican Grill was the leading fast-casual restaurant chain in terms of sales in 2021. That year, Chipotle Mexican Grill's sales increased to 7.46 billion U.S. dollars despite lockdown measures relating to the coronavirus (COVID-19) pandemic.
What is Chipotle's revenue worldwide?
The top leading fast-casual chain was Chipotle Mexican Grill in 2021. The restaurant chain, which is headquartered in Denver, Colorado, is named after the Mexican smoked jalapeno the chipotle. The U.S. based restaurant now operates in several international locations including Germany and the United Kingdom. The worldwide revenue of Chipotle has grown annually since 2017 and reached 7.55 billion U.S. dollars in 2021.
What is Chipotle's competition?
One of Chipotle’s largest competitors is also ranked in the top fast-casual restaurants. Qdoba Mexican Eats, which like Chipotle is headquartered in Colorado, ranked as the eleventh leading fast-casual restaurant in 20121, with sales of around 878 million U.S. dollars. As of May 2019, Chipotle was the favorite Mexican restaurant chain in the U.S. as ranked by composite loyalty score. This was calculated by averaging consumer satisfaction ratings of their most recent dining experience and their likelihood to recommend that brand. Moe's Southwest Grill followed behind with a score of 60 percent. Other leading Mexican restaurant chain Del Taco took the fourth spot with a score of 48 percent.
Sales of the leading fast-casual restaurant chains in the United States in 2021
(in million U.S. dollars)
Characteristic
Sales in million U.S. dollars
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Restaurant Business. (August 3, 2022). Sales of the leading fast-casual restaurant chains in the United States in 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/
Restaurant Business. "Sales of the leading fast-casual restaurant chains in the United States in 2021 (in million U.S. dollars)." Chart. August 3, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/
Restaurant Business. (2022). Sales of the leading fast-casual restaurant chains in the United States in 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/
Restaurant Business. "Sales of The Leading Fast-casual Restaurant Chains in The United States in 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Aug 2022, https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/
Restaurant Business, Sales of the leading fast-casual restaurant chains in the United States in 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/ (last visited August 25, 2024)
Sales of the leading fast-casual restaurant chains in the United States in 2021 (in million U.S. dollars) [Graph], Restaurant Business, August 3, 2022. [Online]. Available: https://www.statista.com/statistics/299350/leading-fast-casual-restaurant-segments-by-their-largest-selling-chains-us/