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The Pizza Industry Is The Number One Meal Choice For Americans

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The pizza industry is the number-one meal choice for Americans. In fact, it is consumed so frequently, that in the United States people, on average, consume 100 acres of pizza every day. The Industry is mainly classified into two different sections, pizza chains and independent pizzerias. The top four businesses in this industry are Pizza Hut, Domino’s, Papa John’s, and Little Casers, respectively. In fact they account for 32 percent of the industry sales (Thompson, C-42). The pizza owners not only compete with each other, but there is a new entrant to the industry, the frozen pizza. Furthermore, the industry typically has four options of service for their customers. These include the dine-in option, delivery option, carry out option, and take n’ bake option. Most pizzerias position their stores in convenient areas for their customers. The customer segment that holds 46.3 percent of the pizza industry is people that are 25 to 44 years of age. It is believe that this is due to a majority of these customers having children and needing quick meal options for their family. The overall performance of the industry is strong, however each company varies in their internal strengths and weakness. Also external forces play a role in the growth of the pizza industry. When the economy was week this affected customers and forced them to spend less money. People would cut their spending on eating out. If they did chose to eat out then families chose to purchase pizza that was less

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