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Home › Industry Metrics › NAICS 7221

NAICS 7221 - Full-Service Restaurants

NAICS 7221 - FULL-SERVICE RESTAURANTS
NAICS 7221 Full-Service Restaurants NAICS 7222 Limited-Service Eating Places NAICS 7223 Special Food Services NAICS 7224 Drinking Places (Alcoholic Beverages)
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This industry group comprises establishments primarily engaged in providing food services to patrons who order and are served while seated (i.e., waiter/waitress service) and pay after eating. Establishments that provide these types of food services to patrons with any combination of other services, such as takeout services, are classified in this industry.

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This industry group comprises establishments primarily engaged in providing food services to patrons who order and are served while seated (i.e., waiter/waitress service) and pay after eating.

Establishments that provide these types of food services to patrons with any combination of other services, such as takeout services, are classified in this industry.

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Drill down to explore more specific industries.

NAICS 72 Accommodation and Food Services
NAICS 722 Food Services and Drinking Places
NAICS 7221 Full-Service Restaurants
NAICS 72211 Full-Service Restaurants
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Industry trends

In the full-service restaurant industry, several key qualitative trends have been emerging. A notable trend is the rising consumer preference for experiential dining. Patrons are increasingly seeking unique and memorable dining experiences that go beyond just the quality of food. Restaurants are responding by creating immersive environments, offering interactive dining options, and crafting personalized services to enhance customer engagement.

Sustainability and health consciousness are also gaining prominence. Consumers are more interested in sustainable sourcing of ingredients, plant-based menu options, and transparency in food sourcing. Restaurants emphasizing locally-sourced produce and environmentally-friendly practices are likely to attract more customers, aligning with growing consumer awareness and concern for environmental sustainability.

Technology integration continues to transform the industry. Digital solutions such as contactless ordering and payment systems, AI-powered customer service, and data analytics for personalized dining experiences are becoming standard. This trend is expected to grow as restaurants strive to improve operational efficiency and customer satisfaction through technological advancements.

Looking towards the near future, full-service restaurants are projected to continue adapting to post-pandemic consumer behaviors, focusing on delivery and takeout services as supplemental to their in-house offerings. Additionally, the focus on diversity and inclusion within restaurant staff and menu offerings is expected to expand, reflecting broader societal shifts. As labor challenges persist, restaurants may increasingly adopt automation in back-of-house operations to manage costs and ensure quality service.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 2%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 43%

Loan Failure Rate 10%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 72%

Total Companies in this Industry 8,225
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Explore related industries

  • NAICS 7221 Full-Service Restaurants
  • NAICS 72211 Full-Service Restaurants
  • View all related industries

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