Global Demand for Authentic Taste Creates Opportunities for Marco's Pizza
Deals Underway to Bring Marco's Pizza Franchise to Saudi Arabia, Africa and Asia
TOLEDO, OH - (Marketwired - Mar 3, 2015) - America's hunger for authentic Italian pizza flavor has made Marco's Pizza the fastest-growing pizza franchise in the United States. Now Marco's is rapidly expanding internationally to meet growing demand in other countries.
"Our international expansion is taking off, with deals pending in Saudi Arabia, Africa and Asia. We're really beefing up our infrastructure and support systems to keep stride with all the growth," said Cameron Cummins, Marco's vice president of franchise development.
Marco's ambitious international expansion plans are creating opportunities for franchisees. In India alone, Marco's Pizza multi-unit franchise owner and area developer DJ Patel is pursuing plans to open 400 locations in that country of 1.25 billion people.
Marco's Pizza and international markets are a perfect match, and the number of franchises is expected to grow quickly, just as it has in the United States, where Marco's is approaching its target of having 1,000 stores by the end of 2016. The pace of growth in the U.S. is exceeding projections by 40%, putting the company on track to achieve its goal of becoming the country's fourth-largest pizza chain.
Saudi Arabia, one of the world's wealthiest countries, has a population of 28.7 million people. Africa has a population of 1.1 billion, and across Asia there is a population of 4.4 billion people. Around the world, middle-class populations are growing, and their newly earned disposable income is creating opportunities for U.S. restaurant chains.
These new consumers have a taste for foods beyond their native fare and are especially attracted to American quick-service restaurants, according to industry analyst Technomic Inc.
Upward mobility is occurring in the middle classes "from Indonesia to Turkey to South Africa to Mexico," Technomic said in a report on international markets.
Marco's international franchisees are part of a huge trend. Within five years, the global franchise industry will be worth $5 trillion, said Beth Solomon, president of strategic initiatives and industry relations for the International Franchise Association.
American quick-service franchises have a real advantage in many countries where consumers are eager to embrace American brands and customs. American brands are highly respected in many countries and represent safe, superior and healthy food, she says.
"These quick-service American brands give people in these countries a chance to taste it, feel it, see it, walk into the store," she said. "They can experience American culture in a very direct way."
About Marco's international
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SOURCE Marco's international