Fast food is a type of food that can be consumed quickly and easily. It is usually served in restaurants or on the go and is made from pre-cooked ingredients such as burgers, pizzas, chicken and seafood, and Asian/Latin American foods. The world’s population is becoming more and more affluent, and many people are leading busy lifestyles. As such, it has become a common practice to get quick and easy meals from fast food chains. This trend is expected to continue into the future.
Market Dynamics:
Globally, increasing millennial generation is a key factor driving growth of the fast food market. In recent years, their hectic lifestyles have prompted them to spend more on dining out and on-the-go snacks. This trend is expected to continue in the coming years. Moreover, the development of fast food delivery apps is another major factor augmenting market growth. Furthermore, growing popularity of fast food among young adults is further anticipated to foster market growth.
On the other hand, growing number of health conscious consumers is expected to hamper the fast food market growth.
Key features of the study:
- This report provides in-depth analysis of the global fast food market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global fast food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Auntie Anne's, INC, Cinnabon Franchisor SPV LLC, Domino’s Pizza, INC, Dunkin’ Brands Group, Inc, Hardee's Restaurants LLC, Firehouse Restaurant Group, Inc, Jack in The Box INC., McDonald’s, Restaurant, Brands International Inc, INC, and YUM! BRANDS, INC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global fast food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fast food market
Detailed Segmentation:
- Global Fast Food Market, By Product type
- Burgers/Sandwiches
- Pizza/Pasta
- Asian/Latin America food
- Chicken
- Seafood
- Others
- Global Fast Food Market, By End User
- Full-Service Restaurants
- Quick Service Restaurants
- Caterings
- Others
- Global Fast Food Market, By Region
- North America
- Europe
- Asia Pacific
- LAMEA
- Company Profiles:
- Auntie Anne's, INC
- Cinnabon Franchisor SPV LLC
- Domino’s Pizza, INC
- Dunkin’ Brands Group, Inc
- Hardee's Restaurants LLC
- Firehouse Restaurant Group, Inc
- Jack in The Box INC.
- McDonald’s
- Restaurant Brands International Inc, INC
- YUM! BRANDS, INC
