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The Demand For Food Away From Home: Full-Service Or Fast Food?

Author

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  • Stewart, Hayden
  • Blisard, Noel
  • Bhuyan, Sanjib
  • Nayga, Rodolfo M., Jr.

Abstract

Consumer spending at full-service and fast food restaurants will continue to grow over the remainder of this decade and the next. However, the larger increase is predicted to occur at full-service restaurants. Simulations assuming modest growth in household income plus expected demographic developments show that per capita spending could rise by 18 percent at full-service restaurants and by 6 percent for fast food between 2000 and 2020. The assumed assumed increase in income alone causes such spending to rise by almost 15 percent and 7 percent at full-service and fast food restaurants, respectively. The increasing proportion of households containing a single person or multiple adults without live-at-home children will cause per person spending to rise by another 1 to 2 percent in each of these segments. However, the aging of the population will decrease spending on fast food by about 2 percent per capita.

Suggested Citation

  • Stewart, Hayden & Blisard, Noel & Bhuyan, Sanjib & Nayga, Rodolfo M., Jr., 2004. "The Demand For Food Away From Home: Full-Service Or Fast Food?," Agricultural Economics Reports 33953, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerser:33953
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    Cited by:

    1. Okrent, Abigail & Kumcu, Aylin, 2014. "What’s Cooking? Demand for Convenience Foods in the United States," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170541, Agricultural and Applied Economics Association.
    2. Hayden Stewart & David E. Davis, 2005. "Price Dispersion and Accessibility: A Case Study of Fast Food," Southern Economic Journal, Southern Economic Association, vol. 71(4), pages 784-799, April.
    3. Lee Siew Heng, Helen & Tan Khee Guan, Andrew, 1. "Examining Malaysian Household Expenditure Patterns on Food-Away-From-Home," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 4(1).
    4. Liu, Haiyan & Wahl, Thomas I. & Bai, Junfei & Seale, James L., Jr., 2012. "Understanding food-away-from-home expenditures in urban China," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124662, Agricultural and Applied Economics Association.
    5. Hamrick, Karen & Okrent, Abigail, 2014. "The Role of Time in Fast-Food Purchasing Behavior in the United States," Economic Research Report 191034, United States Department of Agriculture, Economic Research Service.
    6. Liu, Haiyan & Wahl, Thomas I. & Seale, James L. & Bai, Junfei, 2015. "Household composition, income, and food-away-from-home expenditure in urban China," Food Policy, Elsevier, vol. 51(C), pages 97-103.
    7. Villas-Boas, Sofia B & Taylor, Rebecca, 2016. "Store Choice among Low Income Households," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt33z409dq, Department of Agricultural & Resource Economics, UC Berkeley.
    8. Conor Keelan & Carol Newman & Maeve Henchion, 2008. "Quick-service expenditure in Ireland: parametric vs. semiparametric analysis," Applied Economics, Taylor & Francis Journals, vol. 40(20), pages 2659-2669.
    9. Okrent, Abigail M. & Alston, Julian M., 2012. "The Demand for Disaggregated Food-Away-from-Home and Food-at-Home Products in the United States," Economic Research Report 132469, United States Department of Agriculture, Economic Research Service.
    10. Joseph, Siny & Lavoie, Nathalie, 2008. "Effectiveness of COOL in the U.S. Seafood Industry," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6260, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Junfei Bai & Caiping Zhang & Fangbin Qiao & Tom Wahl, 2012. "Disaggregating household expenditures on food away from home in Beijing by type of food facility and type of meal," China Agricultural Economic Review, Emerald Group Publishing, vol. 4(1), pages 18-35, January.
    12. Binkley, James K., 2005. "The Effect of Demographic, Economic, and Nutrition Factors on the Frequency of Food Away from Home," 2005 Annual meeting, July 24-27, Providence, RI 19502, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Powell, Lisa M., 2009. "Fast food costs and adolescent body mass index: Evidence from panel data," Journal of Health Economics, Elsevier, vol. 28(5), pages 963-970, September.
    14. Euna Han & Lisa M. Powell, 2013. "Fast Food Prices And Adult Body Weight Outcomes: Evidence Based On Longitudinal Quantile Regression Models," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 528-536, July.
    15. McLaughlin, Patrick & Dicken, Christopher, 2016. "Evolution of the Food-Away-From-Home Industry: Recent and Emerging Trends," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236077, Agricultural and Applied Economics Association.
    16. Liu, Miaoru & Kasteridis, Panagiotis & Yen, Steven T., 2013. "Breakfast, lunch, and dinner expenditures away from home in the United States," Food Policy, Elsevier, vol. 38(C), pages 156-164.
    17. Helen Lee Siew Heng & Andrew Tan Khee Guan, 2007. "Examining Malaysian Household Expenditure Patterns on Food-Away-From-Home," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 4(1), pages 11-24, June.
    18. Keelan, Conor D. & Henchion, Maeve M. & Newman, Carol F., 2006. "A double-hurdle model of Irish households' foodservice expenditure patterns," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10083, European Association of Agricultural Economists.

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