The hamburger category may be dominated by the big three -- McDonald's, Burger King and Wendy's -- but smaller chains such as Five Guys, and even smaller chains like Smashburger and The Counter, have bright-looking futures.
Most of the biggest burger chains have spent their recent efforts advertising items that broaden the menu and customer base. That lack of focus on burgers, as well as the boom in fast-casual restaurants, has left an opening for small and medium-size fast-casual chains with burger-focused menus to swoop in and take advantage.
"Because they don't serve breakfast and focus on burgers, they have a greater tendency to bring in the customer who is looking for a burger," said Darren Tristano, exec VP at Technomic.
U.S. sales for the top 75 limited-service burger chains rose 1.6% in 2010 to more than $65 billion, according to Technomic. Of those top 75, more than half are fast casual, but they only account for 2.6% of the sales. That's partly because of McDonald's, whose 2010 U.S. sales accounted for nearly half of that $65 billion. The top three burger chains account for nearly 75% of fast-food and fast-casual burger chains' U.S sales.
Still, fast-casual burger joints are a driver of growth in the mature burger category, growing sales by 16.4% in 2010, while the hamburger segment overall grew 1.6%.
Here we look at some of the top fast-casual burger restaurants who are starting to reinvent burger chains as we know them.