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:

More Releases from Allied Market Research

Straight Stairlift Market is projected to achieve a market value of $1.1 billion by 2032, reflecting a robust CAGR of 7.5%
Straight Stairlift Market is projected to achieve a market value of $1.1 billion …
The global straight stairlift market size was valued at $448.1 million in 2022, and is projected to reach $1.1 billion by 2032, growing at a CAGR of 7.5% from 2022 to 2032. The High-Pressure Grinding Roller Market report defines and outlines the products, applications, and specifications to the reader. The study lists the leading companies operating in the Market and highlights the key change processes that companies have adopted to
Energy Logistics Market Growing at 14.7% CAGR to Hit $1,383.7 Billion | Growth, Share Analysis
Energy Logistics Market Growing at 14.7% CAGR to Hit $1,383.7 Billion | Growth, …
𝐄𝐧𝐞𝐫𝐠𝐲 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 by Application (Oil & Gas, Renewable Energy, Power Generation, Energy Mining), by End-User (Government Sector, Private Sector), by Mode of Transport (Railways, Airways, Roadways, Waterways): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global energy logistics industry accounted for $351.2 billion in 2021, and is expected to reach $1,383.7 billion by 2031, growing at a CAGR of 14.7% from 2022 to 2031. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞
Avocado Puree Market to Show Exponential Growth by 2031 | Worldwide Value $726.6 Million
Avocado Puree Market to Show Exponential Growth by 2031 | Worldwide Value $726.6 …
According to a new report published by Allied Market Research, titled, "Avocado Puree Market," The avocado puree market size was valued at $480.30 million in 2021, and is estimated to reach $726.6 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031. Request Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A16925 Avocado is usually found in the warm and tropical climate of Mexico and Central & South America. It serves as
Global Train Communication Gateways Systems Market Analysis: Trends, Drivers, and Opportunities 2032
Global Train Communication Gateways Systems Market Analysis: Trends, Drivers, an …
According to a new report published by Allied Market Research, the train communication gateways systems market size was valued at $124.32 million in 2022, and is estimated to reach $1.3 billion by 2032, growing at a CAGR of 26.1% from 2023 to 2032. Train communication gateways refer to the products and solutions offered by companies to address the growing need for interconnected and intelligent train systems. These gateways facilitate the integration

All 5 Releases


More Releases for South

Global Pajamas Market Report - Japan, Europe, South Korea, Asia and America ( No …
Recently we published the latest report on the Pajamas market. The report on the Pajamas market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 15 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The Pajamas market analysis includes product segment and geographic landscape. The
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of
South Korea Agriculture Market | South Korea Agriculture Industry | Covid-19 Imp …
Agriculture in South Korea may be a sector of the economy of South Korea. The natural resources needed for agriculture in South Korea aren’t torrential. Two thirds of the country are mountains and hills. Productive land solely accounts for 22 percent of the country's land. The foremost vital crop in South Korea is rice, secretarial regarding 90 percent of the country's total grain production and over 40 percent of farm
South Africa AdBlue Oil Market 2024: BASF SE (Germany), Engen Petroleum Ltd (Sou …
Market Snapshot The market for AdBlue oil in South Africa is expected to witness a CAGR of 4.83% during the assessment period assessment period (2017-2024). Adbule continues to be a popular fluid mix for diesel and gasoline fuel-based vehicles. The mix facilitates a selective catalytic reduction (SCR) technology along with other chemical reaction with the exhaust gases, effectively reducing the emmision of nitrogen oxides. Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6223 This in turn
2018 Stem Cell Therapy Market by Top Key Players - Anterogen (South Korea), MEDI …
Adroit Market Research has announced the addition of the “Global Stem Cell Therapy Market Size Status and Forecast 2025”, The report classifies the global Stem Cell Therapy in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Stem Cell Therapy Speaker market, analyzes and researches the Stem Cell Therapy Speaker development status and forecast in North
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