Dublin, Feb. 25, 2022 (GLOBE NEWSWIRE) — The “Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s providing.
The worldwide quick meals and fast service restaurant market reached a worth of US$ 232.3 billion in 2021. Wanting ahead, the market is projected to succeed in US$ 308 billion by 2027, exhibiting a CAGR of 4.9% throughout 2022-2027.
Maintaining in thoughts the uncertainties of COVID-19, we’re constantly monitoring and evaluating the direct in addition to the oblique affect of the pandemic. These insights are included within the report as a significant market contributor.
Vital progress within the meals and beverage trade, together with the widespread adoption of franchise enterprise fashions by common restaurant chains, is among the key elements making a constructive outlook for the market. Moreover, the growing working inhabitants and enhancing shopper existence throughout the globe have enhanced the consumption of quick meals merchandise. Additionally, because of the hectic schedules, there’s widespread adoption of on-the-go meals merchandise that may be readily bought and consumed whereas touring. This, consequently, is making a constructive outlook for the market.
Moreover, the rising cafe tradition, coupled with the supply of more healthy quick meals options, is performing as one other growth-inducing issue. QSRs are creating revolutionary and unique recipes utilizing pure, natural and plant-based components, as an alternative of synthetic and processed substitutes, and are gaining immense traction amongst health-conscious shoppers.
Different elements, together with modernization and digitization of the eating places, coupled with the utilization of touchscreen kiosks, kitchen-display screens and digital gross sales terminal, are anticipated to drive the market additional.
Key Market Segmentation
This report gives an evaluation of the important thing tendencies in every sub-segment of the worldwide quick meals and fast service restaurant market, together with forecasts on the world, regional and nation stage from 2022-2027. The report has categorized the market primarily based on enterprise mannequin, delicacies, product kind and repair kind.
Breakup by Enterprise Mannequin:
- Unbiased
- Chain and Franchise
Breakup by Delicacies:
- American
- Chinese language
- Italian
- Mexican
- Japanese
- Turkish and Lebanese
- Others
Breakup by Product Kind:
- Burger and Sandwiches
- Pizzas and Pastas
- Drinks and Desserts
- Hen and Seafood
- Others
Breakup by Service Kind:
- On-line Service
- Offline Service
Breakup by Area:
- North America
- Asia Pacific
- Europe
- Latin America
- Center East and Africa
Aggressive Panorama
The report has additionally analysed the aggressive panorama of the market with a number of the key gamers being:
- Ark Eating places Corp.
- Carrols Restaurant Group Inc.
- Chipotle Mexican Grill Inc.
- Del Taco Eating places Inc.
- Jack in The Field Inc.
- Kotipizza Group Oyj (Orkla ASA)
- McDonald’s Company
- Restaurant Manufacturers Worldwide Inc.
- The Wendy’s Firm
- Yum Manufacturers Inc.
Key Questions Answered on this Report
- How has the worldwide quick meals and fast service restaurant market carried out to this point and the way will it carry out within the coming years?
- What has been the affect of COVID-19 on the worldwide quick meals and fast service restaurant market?
- What are the important thing regional markets?
- What’s the breakup of the market primarily based on the enterprise mannequin?
- What’s the breakup of the market primarily based on the delicacies?
- What’s the breakup of the market primarily based on the product kind?
- What’s the breakup of the market primarily based on the service kind?
- What are the varied phases within the worth chain of the trade?
- What are the important thing driving elements and challenges within the trade?
- What’s the construction of the worldwide quick meals and fast service restaurant market and who’re the important thing gamers?
- What’s the diploma of competitors within the trade?
For extra details about this report go to https://www.researchandmarkets.com/r/s703s
