New Concept Report 2024 Volume 3

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In Volume 3 of the 2024 New Concept Report, FRANdata identified 81 emerging franchise brands spanning 19 industries. Platform companies continued their trend of launching new brands. There was also a notable uptick in international brands making their debut in the U.S., with 7 of the 81 concepts originating overseas. Private equity firms are continuing to keep active, backing 10 of these emerging concepts.

The New Concept Report is an annual subscription to quarterly reports that provide valuable insight into new franchise concepts added to the FRANdata database. Each New Concept Report (NCR) contains information on the new franchise's business description, management team, headquarters, country of origin, initial investment and more. It is an invaluable tool for anyone looking to get ahead of the game and spot the next great franchise brand. FRANdata is the only company that consistently tracks all franchise brands in the US while verifying its viability. Email us at frandata@frandata.com for inquiries on custom solutions or find out more about FRANdata.

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