Fast Food & Quick Service Restaurant Market

Fast Food & Quick Service Restaurant Market Size, Share, Growth Analysis, By Type(Chain, Independent), By Cuisine(American, Chinese, Italian, Mexican), By Regional(North America, Europe, Asia Pacific, Central & South America) - Industry Forecast 2024-2031


Report ID: UCMIG25Q2001 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Fast Food & Quick Service Restaurant Market Insights

Market Overview:

The global fast food and quick service restaurant market experienced significant growth, with a valuation of USD 257.19 billion in 2019. It is projected to continue expanding at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027. This growth can be attributed to several factors, including changing consumer preferences, increasing urbanization, and the convenience offered by fast food establishments. Additionally, advancements in technology and the rise of online food delivery services have further fueled the growth of this market. As a result, the global fast food and quick service restaurant industry is expected to witness continued expansion in the coming years.

Fast Food & Quick Service Restaurant Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Restaurants by segment aggregation, the contribution of the Restaurants in Consumer Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Fast Food & Quick Service Restaurant was estimated to be valued at US$ XX Mn in 2021.

The Fast Food & Quick Service Restaurant Market is estimated to grow at a CAGR of XX% by 2028.

The Fast Food & Quick Service Restaurant Market is segmented on the basis of Type, Cuisine, Regional.

Based on region, the Fast Food & Quick Service Restaurant Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Fast Food & Quick Service Restaurant Market are Quality Is Our Recipe, LLC, Carrols Restaurant Group, Inc., Yum! Brands, Darden Concepts, Inc., McDonald's; Ark Restaurant Corp., DEL TACO RESTAURANT, INC., Restaurant Brands International Inc., Kotipizza Group Oyj, Chipotle Mexican Grill, DD IP Holder LLC, JACK IN THE BOX INC..

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Fast Food & Quick Service Restaurant Market

Report ID: UCMIG25Q2001

$5,300
BUY NOW GET FREE SAMPLE