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Premium Steak Restaurants in the US Product Image

Premium Steak Restaurants in the US

  • Published: October 2011
  • 32 pages
  • IBISWorld

FEATURED COMPANIES

  • Darden Restaurants Inc.
  • MAJOR COMPANIES.
  • Morton's Steakhouse
  • MORE

Staking claim: Fast recovering high-end customers will boost industry revenue growth

Premium Steak Restaurants

A tender industry

This industry experienced volatile revenue performance over the five years to 2011. Strong economic growth prior to the recession resulted in thriving revenue and an expanding industry as consumers flocked to restaurants to purchase premium dinners. During the recession, however, the number of customers to dwindled as their incomes declined and corporate spending subsided. With the economy beginning to recover, consumers are returning to restaurants like premium steakhouses to purchase high-end meals.

The industry includes chain, franchised and single-location restaurants that provide premium steak to consumers. Customers order and are served by waiters or waitresses while seated, and they pay after eating. These establishments may provide food services in combination with selling alcoholic and other beverages.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES.

Darden Restaurants Inc.

Morton's Steakhouse

Ruth's Hospitality Group, Inc.

Format Properties
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