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The rising number of fast-food restaurants and the rising inclination for online food delivery bode well for the future of the global market. Key market drivers, such as the expanding global labor force, are fueling the market's expansion.
Food that can be made and served quickly is known as "fast food." It's a convenient alternative to cooking at home. Restaurants, motels, and fast food chains all make use of fast food. It also makes it simpler to store and keep food fresh. Rapider banization and globalization are factors in the expansion of the restaurant and hotel sectors, both of which bode well for the fast food industry. The market is expanding because people are becoming more health conscious and want nutritious food that tastes good. There has been a significant increase in worries about fast food. Researchers have argued that eating fast food regularly leads to weight gain and other health problems. The largest factor working against the fast food industry is the health concerns it raises. As people's worries grow, they are increasingly opting for fast casual restaurants instead of fast food. Fast casual restaurants are eating into the fast food industry's profits.
With the correct combination and quantity of other foods, the majority of today's fast food options are healthy and can aid in weight loss. Fast food restaurants have flourished in the last decade, thanks to the proliferation of new product categories. In addition, several end users, including full-service restaurants, hotels and resorts, and quick service restaurants, are anticipated to fuel the development of this market.
The percentage of women working outside the home has increased dramatically. As the number of working women rises, it becomes increasingly challenging for them to prepare home-cooked meals, leading many to resort to ready-made convenience foods or takeout. For instance, in 2019 the female employment rate in the United States was 46%, as reported by the Department of Labor. Similarly, almost 45% of South Africans and about 43.7% of Chinese women hold paid jobs. The expansion of the fast food market is spurred by all of these elements taken together during the predicted time frame.
Increases in the availability of dining and lodging fuel expansion of the fast food industry. Increases in both prohibition and ization have contributed to the development of new markets. The availability of fast food in more places to eat and stay means that the market for it is expected to expand in tandem with the hospitality industry. The fast food industry may benefit from this. Another factor that could contribute to the expansion of the fast food industry is the rise in international travel and tourism. Increases in both urbanization and population are driving up demand for the fast food industry, as people try to satisfy their growing appetites on the cheap. The sluggish public's rising expectations for home delivery of food are a key factor in the expansion of the fast food industry.
Fast food has a fantastic flavor. The fast food industry is benefiting from the rising popularity of these flavored foods. During the predicted time period, the fast food market should benefit from the proliferation of apps that provide online ordering of fast food. More people are likely to eat at fast food restaurants that provide nutritious options. The swift growth of the middle class and the resulting shift in consumer dining patterns have contributed to the expansion of the fast food industry. Thanks to the proliferation of online resources, more women are now able to find work. Therefore, these fast food-related variables have boosted the global Fast Food market CAGR in recent years.
Report Coverage
Global Fast Food research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fast Food report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fast Food competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fast Food market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fast Food market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fast Food market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cinnabon Franchisor SPV LLC, DOMINO’S PIZZA, INC, Restaurant Brands International Inc, AUNTIE ANNE'S, INC., MCDONALD’S, JACK IN THE BOX INC., HARDEE'S RESTAURANTS LLC, YUM! BRANDS, INC, DUNKIN’ BRANDS GROUP, INC, Firehouse Restaurant Group, Inc
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Fast Food market based on the below-mentioned segments:
Global Fast Food Market, By Product Type
Pizza/Pasta
Burger/Sandwich
Chicken
Asian/Latin American Food
Seafood
Others
Global Fast Food Market, By End User
Food-Service Restaurants
Quick Service Restaurants
Caterings
Others
Global Fast Food market, Regional Analysis
Food that can be made and served quickly is known as "fast food." It's a convenient alternative to cooking at home. Restaurants, motels, and fast food chains all make use of fast food. It also makes it simpler to store and keep food fresh. Rapider banization and globalization are factors in the expansion of the restaurant and hotel sectors, both of which bode well for the fast food industry. The market is expanding because people are becoming more health conscious and want nutritious food that tastes good. There has been a significant increase in worries about fast food. Researchers have argued that eating fast food regularly leads to weight gain and other health problems. The largest factor working against the fast food industry is the health concerns it raises. As people's worries grow, they are increasingly opting for fast casual restaurants instead of fast food. Fast casual restaurants are eating into the fast food industry's profits.
With the correct combination and quantity of other foods, the majority of today's fast food options are healthy and can aid in weight loss. Fast food restaurants have flourished in the last decade, thanks to the proliferation of new product categories. In addition, several end users, including full-service restaurants, hotels and resorts, and quick service restaurants, are anticipated to fuel the development of this market.
The percentage of women working outside the home has increased dramatically. As the number of working women rises, it becomes increasingly challenging for them to prepare home-cooked meals, leading many to resort to ready-made convenience foods or takeout. For instance, in 2019 the female employment rate in the United States was 46%, as reported by the Department of Labor. Similarly, almost 45% of South Africans and about 43.7% of Chinese women hold paid jobs. The expansion of the fast food market is spurred by all of these elements taken together during the predicted time frame.
Increases in the availability of dining and lodging fuel expansion of the fast food industry. Increases in both prohibition and ization have contributed to the development of new markets. The availability of fast food in more places to eat and stay means that the market for it is expected to expand in tandem with the hospitality industry. The fast food industry may benefit from this. Another factor that could contribute to the expansion of the fast food industry is the rise in international travel and tourism. Increases in both urbanization and population are driving up demand for the fast food industry, as people try to satisfy their growing appetites on the cheap. The sluggish public's rising expectations for home delivery of food are a key factor in the expansion of the fast food industry.
Fast food has a fantastic flavor. The fast food industry is benefiting from the rising popularity of these flavored foods. During the predicted time period, the fast food market should benefit from the proliferation of apps that provide online ordering of fast food. More people are likely to eat at fast food restaurants that provide nutritious options. The swift growth of the middle class and the resulting shift in consumer dining patterns have contributed to the expansion of the fast food industry. Thanks to the proliferation of online resources, more women are now able to find work. Therefore, these fast food-related variables have boosted the global Fast Food market CAGR in recent years.
Report Coverage
Global Fast Food research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fast Food report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fast Food competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fast Food market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cinnabon Franchisor SPV LLC, DOMINO’S PIZZA, INC, Restaurant Brands International Inc, AUNTIE ANNE'S, INC., MCDONALD’S, JACK IN THE BOX INC., HARDEE'S RESTAURANTS LLC, YUM! BRANDS, INC, DUNKIN’ BRANDS GROUP, INC, Firehouse Restaurant Group, Inc |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Fast Food Market from 2021 to 2030.
- Market Forecast for Fast Food Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Fast Food competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Fast Food
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fast Food market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fast Food market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cinnabon Franchisor SPV LLC, DOMINO’S PIZZA, INC, Restaurant Brands International Inc, AUNTIE ANNE'S, INC., MCDONALD’S, JACK IN THE BOX INC., HARDEE'S RESTAURANTS LLC, YUM! BRANDS, INC, DUNKIN’ BRANDS GROUP, INC, Firehouse Restaurant Group, Inc
Primary Target Market
- Market Players of Fast Food
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Fast Food market based on the below-mentioned segments:
Global Fast Food Market, By Product Type
Pizza/Pasta
Burger/Sandwich
Chicken
Asian/Latin American Food
Seafood
Others
Global Fast Food Market, By End User
Food-Service Restaurants
Quick Service Restaurants
Caterings
Others
Global Fast Food market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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