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Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • December 2020
  • 137 pages
  • ID: 5981485
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global fast food and quick service restaurant market grew at a CAGR of around 5% during 2014-2019.

A food and quick service restaurant (QSR) refers to a casual dining setup, in which pre-prepared fast food is assembled and served to the customers. These outlets usually offer a limited menu and the food is prepared in advance in bulk quantities, which is further heated and packaged for take away or dine-in. They provide a wide variety of economical foods and beverages, such as burgers, sandwiches, pizzas, pastas, soft and alcoholic drinks, desserts, cakes, pastries, chicken, seafood, etc., and which are inspired by the local ingredients and cuisine. Apart from this, these restaurants are usually a part of an existing restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods to the restaurants through controlled supply channels.

Significant growth in the food and beverage industry, along with the widespread adoption of franchise business models by popular restaurant chains, is one of the key factors creating a positive outlook for the market. Furthermore, the increasing working population and improving consumer lifestyles across the globe have enhanced the consumption of fast food products. Also, due to the hectic schedules, there is widespread adoption of on-the-go food products that can be readily purchased and consumed while traveling. This, consequently, is creating a positive outlook for the market. Additionally, the emerging café culture, coupled with the availability of healthier fast food alternatives, is acting as another growth-inducing factor. QSRs are developing innovative and exotic recipes using natural, organic and plant-based ingredients, instead of artificial and processed substitutes, and are gaining immense traction among health-conscious consumers. Other factors, including modernization and digitization of the restaurants, coupled with the utilization of touchscreen kiosks, kitchen-display screens and digital sales terminal, are anticipated to drive the market further. Looking forward, the analyst expects the global fast food and quick service restaurant market to continue its moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global fast food and quick service restaurant market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, business model, cuisine, product type and service type.

Breakup by Business Model:
Independent
Chain and Franchise

Breakup by Cuisine:
American
Chinese
Italian
Mexican
Japanese
Turkish and Lebanese
Others

Breakup by Product Type:
Burger and Sandwiches
Pizzas and Pastas
Drinks and Desserts
Chicken and Seafood
Others

Breakup by Service Type:
Online Service
Offline Service

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Ark Restaurants Corp., Carrols Restaurant Group Inc., Chipotle Mexican Grill Inc., Del Taco Restaurants Inc., Jack in The Box Inc., Kotipizza Group Oyj (Orkla ASA), McDonald’s Corporation, Restaurant Brands International Inc., The Wendy’s Company and Yum Brands Inc.

Key Questions Answered in This Report:
How has the global fast food and quick service restaurant market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global fast food and quick service restaurant market?
What are the key regional markets?
What is the breakup of the market based on the business model?
What is the breakup of the market based on the cuisine?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the service type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global fast food and quick service restaurant market and who are the key players?
What is the degree of competition in the industry?

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