openPR Logo
Press release

South Africa Fast Food Market is Generating Revenue of $4.9 billion by 2026, at CAGR 7.9% Growth Rate

04-22-2020 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

South Africa Fast Food Market

South Africa Fast Food Market

South Africa fast food market registered $2.7 billion in 2018, and is estimated to reach $4.9 billion by 2026, with a CAGR of 7.9% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and wavering market trends.

Rise in demand for convenience food, fast food operator's lucrative offerings, and implementation of effective pricing strategy propel the growth of the South Africa fast food market. However, rise in health issues due to consumption of fast food, and high competitions for new entrants restrain the growth to some extent. Moreover, increase in number of millennial populations and rise of social media marketing is anticipated to create innumerable opportunities in the near future.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6068

The South Africa fast food market is segmented on the basis of product type, age group, and distribution channel. Based on product type, the South Africa fast food market is divided into processed chicken, burger, processed fish, pizza, sandwich, and others. The processed chicken segment contributed to nearly half of the total market share in 2018, and is expected to dominate throughout the forecast period. On the other hand, the sandwich segment is estimated to grow at the fastest CAGR of 9.1% from 2019 to 2026.

Based on age group, it is categorized into below 18 years, 20-35 years, and above 35 years. The 20-35 years segment accounted for more than half of the total market revenue in 2018, and is anticipated to lead the trail by 2026. In addition, the same segment is predicted to register the fastest CAGR of 8.1% throughout the estimated period.

Based on distribution channel, the South Africa fast food market is bifurcated into on-trade and online channel. The on-trade segment held the largest market share in 2018, accounting for nearly three-fifths of the total market share. On the other hand, online channel segment is anticipated to manifest the fastest CAGR of 8.2% from 2019 to 2026.

Inquire for Purchase Report: https://www.alliedmarketresearch.com/purchase-enquiry/6068

Major Players: Famous Brands Inc., Nando's Group Holding Ltd., Taste Holding Ltd., King Pie Holdings, Burger King, Hungry Lion, Spur Steak Ranches,McDonald's Corporation, and Yum Brands Inc.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. The data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release South Africa Fast Food Market is Generating Revenue of $4.9 billion by 2026, at CAGR 7.9% Growth Rate here

News-ID: 2020233 • Views: 228

More Releases from Allied Market Research

Airborne Fire Control Radar Market Global Business Outlook and Professional Surv …
A new report published by Allied Market Research, titled, “World Airborne Fire Control Radar Market by Frequency Band and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022,” forecasts that the world airborne fire control radar market is expected to reach $3,455 million by 2022, growing at a CAGR of 3.9% from 2016 to 2022. X-band segment is expected to witness highest growth rate, while region-wise North America is projected to
Aerospace Robotics Market Projected To Hit $5,687 Billion By 2022 | Analysis, Sa …
The aerospace robotics market in the LAMEA region is estimated to grow at a significant rate during the forecast period, owing to the heavy inflow of investment by the government to develop the aviation industry. Moreover, it is expected to witness significant growth in emerging countries such as Africa, Brazil, Iran, and Saudi Arabia. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2152 Aerospace Robotics Market Report, published by Allied Market Research, projects that the global
High Availability Server Market 2020 | Best Growth Opportunities to Generate Hug …
The Objective of the High Availability Server Market report is to depict the trends and upcoming for High Availability Server Industry over the forecast years. In High Availability Server Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased
U.S. Digital Therapeutics Market Expected to Reach $5.08 Billion by 2027
The U.S. digital therapeutics market is expected to grow at a faster rate during the forecast period, owing to increase in smartphone penetration in the U.S. Moreover, rise in need to curb healthcare costs and increase in prevalence of chronic diseases are anticipated to supplement the market growth. In addition, introduction of more sophisticated devices, which are compatible with smartphones and associated programs augments growth of the market. According to a

All 5 Releases


More Releases for South

South Africa: Country Intelligence Report
Summary "South Africa: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in South Africa today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments, as well as a review of
South Coast Dental Specialists - Dorchester
There have been many advancements in dental implant technology, and this has created a rise in patient interest in this area. Many dental practices are getting more enquiries about dental implants than ever. They are seen to be becoming the most popular choice for replacing a missing tooth or teeth. Dental implants can restore both appearance and functionality of the tooth. Therefore, many patients have discovered they are the best
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Energy Drinks in South Africa
ReportsWorldwide has announced the addition of a new report title Energy Drinks in South Africa to its growing collection of premium market research reports. Energy Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
Agrochemicals Market in South Africa
ReportsWorldwide has announced the addition of a new report title South Africa: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “South Africa: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the