Fast Food Market by Product (Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, Seafood, Others), By End User (Food-Service Restaurants, Quick Service Restaurants, Caterings, Others), and By Region – Global Opportunities & Forecast, 2020-2027
Published Date: Aug-2020 | Report Format: Excel/PPT | Report Code: UP1052A-00-0620
Fast food is easily accessible, quick, and cheap alternatives to home-cooked food. They are high in salt, saturated fat, sugar, and calories. Fast food is offered at multiple places through counter service, sit-down restaurants, or home delivery service. They have become popular across the world due to their cost-effective, convenient, and good taste features. The wide variety of fast food products includes pizza/pasta, chicken, seafood, fries, and other types of food products.
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The fundamental shift in the consumer’s preference towards affordable and convenient ready-to-eat food products, followed by continuous expansion in the online food delivery platforms at the global level, are the significant factors contributing toward the growth of the global fast food market. With the technological advancement, the quick home delivery of fast food is becoming a trend and widely adopted by restaurants and fast food shops. New online platforms have started capturing customers and markets across America, Europe, Asia, and the Middle East. Customers can easily log in to the delivery apps and compare menus, reviews, prices of multiple restaurants, and cuisines. Moreover, various online delivery players are also providing doorstep delivery services to customers. This saves customer’s traveling costs, which in turn, is surging the demand for online food delivery. Thus, the drastic increase in the number of online platforms is catalyzing the growth of the market globally. Additionally, the growing hectic lifestyle is encouraging people is opt for ready-to-eat fast food products to save their time and money at the same time.
On the contrary, rising health awareness among individuals due to increasing health issues such as obesity, heart diseases, high cholesterol, digestion issues, and other related diseases is inclining the focus of youth toward fitness and healthy food items. This factor is likely to restrain the growth of the market.
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Based on the product, the market is segmented into pizza/pasta, burger/sandwich, chicken, Asian/Latin American food, seafood, and others. Among these, the burger/sandwich segment is expected to witness a higher CAGR during the forecast period. These food items are easy to cook, affordable, and easy to carry to any location. Moreover, restaurants are focusing on innovating a large variety of burgers and sandwiches with enhanced taste and flavors, which is gaining more traction among customers.
On the basis of the end user, the market is segmented into food-service restaurants, quick service restaurants, caterings, and others. Among these, quick service restaurants segment is anticipated to lead the market during the forecast period. Quick service restaurants prepare food in bulk, which increases the delivery speed and helps in serving multiple customers at a single time. All these exceptional benefits will fuel the growth of the segment during the forecast period.
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Based on region, North America is projected to dominate the market during the forecast period owing to the presence of major players of the market and accelerating working population in the region. Asia-Pacific region is projected to grow at a higher CAGR during the forecast period. This is attributed to the changing lifestyle of individuals and the inclination of population toward western culture.
The key players in the market include Auntie Anne’s, Inc., Cinnabon Franchisor SPV LLC., Domino’s Pizza, Inc., DD IP Holder LLC., Hardee’s Restaurants LLC., Jack in the Box Inc., Firehouse Restaurant Group, Inc., McDonald’s Corporation, Restaurant Brands International Inc., and Yum! Brands, Inc., among others.
The global fast food market has been segmented on the basis of product, end user, and region. Based on product, the market is segmented into pizza/pasta, burger/sandwich, chicken, Asian/Latin American food, seafood, and others. Based on End User, the market is segmented into food-service restaurants, quick service restaurants, caterings, and others.
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Key questions answered in this research report:
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- At what pace is global fast food market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in global fast food market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global fast food market?
- Which product generated maximum revenues in 2019 and identify the most promising fast food product during the forecast period?
- What are the various end users of global fast food market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues Currency |
USD Million |
Base Year & Forecast Units |
Value (USD Million) |
Market Segment | By Product, By End User, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Auntie Anne’s, Inc., Cinnabon Franchisor SPV LLC., Domino’s Pizza, Inc., DD IP Holder LLC., Hardee’s Restaurants LLC., Jack in the Box Inc., Firehouse Restaurant Group, Inc., McDonald’s Corporation, Restaurant Brands International Inc., Yum! Brands, Inc. among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation:
Global Fast Food Market by Product
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- Pizza/Pasta
- Burger/Sandwich
- Chicken
- Asian/Latin American Food
- Seafood
- Others
Global Fast Food Market by End User
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- Food-Service Restaurants
- Quick Service Restaurants
- Caterings
- Others
Global Fast Food Market by Region
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- North America Fast Food Market (Option 1: As a part of the free 25% customization)
- North America Fast Food Market by Product
- North America Fast Food Market by End User
- United States of America (US) Fast Food Market All-Up
- Canada Fast Food Market All-Up
- Europe Fast Food Market (Option 2: As a part of the free 25% customization)
- Europe Fast Food Market by Product
- Europe Fast Food Market by End User
- United Kingdom (UK) Fast Food Market All-Up
- Germany Fast Food Market All-Up
- France Fast Food Market All-Up
- Spain Fast Food Market All-Up
- Rest of Europe Fast Food Market All-Up
- Asia-Pacific Fast Food Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Fast Food Market by Product
- Asia-Pacific Fast Food Market by End User
- India Fast Food Market All-Up
- China Fast Food Market All-Up
- Japan Fast Food Market All-Up
- Rest of APAC Fast Food Market All-Up
- RoW Fast Food Market (Option 4: As a part of the free 25% customization)
- RoW Fast Food Market by Product
- RoW Fast Food Market by End User
- Brazil Fast Food Market All-Up
- South Africa Fast Food Market All-Up
- Saudi Arabia Fast Food Market All-Up
- UAE Fast Food Market All-Up
- Rest of world (remaining countries of the LAMEA region) FAST FOOD Market All-Up
- North America Fast Food Market (Option 1: As a part of the free 25% customization)
Major Players Operating the Fast Food (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Auntie Anne’s, Inc.
- Cinnabon Franchisor SPV LLC.
- Domino’s Pizza, Inc.
- DD IP Holder LLC.
- Hardee’s Restaurants LLC.
- Jack in the Box Inc.
- Firehouse Restaurant Group, Inc.
- McDonald’s Corporation
- Restaurant Brands International Inc.
- Yum! Brands, Inc.
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Fast Food Market by Product (Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, Seafood, Others), By End User (Food-Service Restaurants, Quick Service Restaurants, Caterings, Others), and By Region – Global Opportunities & Forecast, 2020-2027
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