Fast Food Market is slated to grow rapidly in the coming years with the top global market players - Yum! Brands Inc., Burger King Worldwide Inc., McDonald’s Corporation, etc.
Fast food is a type of mass-produced food designed for commercial resale and with a strong priority placed on "speed of service" versus other relevant factors involved in culinary science. Fast food was originally created as a commercial strategy to accommodate the larger numbers of busy commuters, travelers and wage workers who often did not have the time to sit down at a public house or diner and wait for their meal. By making speed of service the priority, this ensured that customers with strictly limited time (a commuter stopping to procure dinner to bring home to their family.
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Major companies operating in the global fast food market are:- Yum! Brands Inc., Burger King Worldwide Inc., McDonald’s Corporation, Jack in the Box Inc., Doctor’s Association Inc, and Domino’s Pizza Inc., and Wendy’s International Inc. and others.
The National Institute of Health (NIH) terms fast food as a quick and easily available alternative to home cooked meals. Though it comprises of high saturated fat, sugar and calories, numerous food chains offer nutritional foods that are lower in calorie and fat. According to Food Empowerment project, fast food industries in US have grown from $6 billion year industry in 1970 into $ 200 billion annual revenue sector in 2015.
Fast food industry has shown a tremendous growth globally not only owing to the shift in country’s eating patterns, but also due to the changes in food production. Increasing demand for cheap animal products and growing industrial purchasing power is also facilitating the growth of market. This has also facilitated the immense investment by various multinational corporations, thereby enhancing the market growth. However, growing health concerns owing to the high calories present and food safety regulations is mainly restraining the market growth.
Global Fast Food Market Segmentation:
• Meat products
• Sea food
By Distribution Channel:
• Street vendors
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• North America (U.S, Canada and Rest of North America)
• Europe (Germany, France, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
The report further highlights the development trends in the global Fast Food market. Factors that are driving the market growth and fueling its segments are also analyzed in the report. The report also highlights on its applications, types, deployments, components, developments of this market.
Global Fast Food Market Research Report 2018:
A) Fast Food Market Overview
B) Global Fast Food Market Competition by Manufacturers
C) Global Fast Food Capacity, Production, Revenue (Value) by Region
D) Global Fast Food Supply (Production), Consumption, Export, Import by Region
E) Global Fast Food Production, Revenue (Value), Price Trend by Type
F) Global Fast Food Market Analysis by Application
G) Global Fast Food Manufacturers Profiles/Analysis
H) Fast Food Manufacturing Cost Analysis
I) Industrial Chain, Sourcing Strategy and Downstream Buyers
J) Fast Food Strategy Analysis, Distributors/Traders
Key Reasons to Purchase:
A) To gain insightful analyses of the market and have comprehensive understanding of the global Fast Food market and its commercial landscape.
B) Assess the Fast Food production processes, major issues, and solutions to mitigate the development risk.
C) To understand the most affecting driving and restraining forces in the Fast Food market and its impact in the global market.
D) Learn about the market strategies that are being adopted by leading respective organizations.
E) To understand the future outlook and prospects for Fast Food market.
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Lastly, this report covers the market scene and its development prospects over the coming years, the Report likewise short manages the item life cycle, contrasting it with the significant items from crosswise over ventures that had just been popularized points of interest the potential for different applications, examining about late item advancements and gives a diagram on potential territorial pieces of the pie.
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