Drive Thru Food Market is projected to reach $626.16 Billion by 2030 : Cognitive Market Research

As per Cognitive Market Research analysis, the Drive thru food Market size is projected to grow from USD 626.16 billion in the year 2022 to USD 1120.34 billion by 2030 at a CAGR of 5.62% from 2023-2030.

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A drive-thru is a meal delivery service offered by businesses that allows customers to purchase products without leaving their car. Drive-thru is all about convenience. Customers can order, pay and receive food without ever leaving their car. Drive-thru systems help restaurants serve more people than the restaurant can accommodate at any given time. The drive-thru system provides restaurants with a new revenue stream. Restaurant drive-thru restaurants are designed for pandemic response. Because drive-thru designs typically use a two-way microphone ordering system, they only save face-to-face contact for the payment and pickup portion of the transaction. Through the drive-thru, contact is kept to a minimum as staff and patrons wear masks and windows can be closed between necessary interaction points. Rise in prohibition and globalization is helping to expand the market growth. Increased urbanization and rising population have increased the desire for all these cheaper and faster food options, thereby increasing the demand for the drive-thru food market. Increasing availability of drive-thru food due to customer convenience, increased capacity, and pandemic-friendly systems is a major factor driving the growth of the global market.

Regional Analysis of Drive thru food Market:
• The North American Drive thru food market is expected to continue to account for the majority of the revenue share over the next few years. Rising consumer spending on fast food in the region is driving market growth. The availability of a variety of gourmet and affordable snacks along with add-ons in various flavors is driving the growth of the drive through food market in the region.

Top players involved in the Drive thru food Market:
• Chick-fil-A
• Yum! Brands Inc.
• McDonald's Corporation
• Wendy's International Inc.
• Domino's Pizza Inc.
• Doctor's Association Inc.
• Jack in the Box Inc.
• Culver's
• Arby's
• Wendy's
• Dairy Queen

Current Trends of Manufacturers:
• Burger restaurant Smashburger is rolling out a new menu, which has been rolled out across the US. The revamped snack menu will now include two new items, Scorchin' Hot Chicken Tenders and Adult Chicken Tenders.

• Jack in the Box plans to expand its business by building 98 more restaurants in the US. In addition to 2,208 Jack in the Box brick-and-mortar stores, the new location represents the brand's greatest level of growth ever.

Segment Analysis:
• Based On Product, Burgers & Sandwiches, Pizza & Pasta, Beverages & Desserts, Chicken & Seafood, Asian & Latin American Food, etc. are the segments of the global drive-thru food market. The burger and sandwich segment holds the largest revenue share in the global market owing to high product demand. The growing demand for burgers and sandwiches can be attributed to the wide availability of burger options, which includes products with protein options such as beef, venison, and others.

• Based On Type, the market is segmented into chained and standalone. The independent segment is expected to capture the highest revenue share in the global drive-thru food market owing to complete control over operations, low investment, freedom to choose location, and uniqueness of independent constraints.

• Based On End User, the market is segmented into quick service restaurants, fast casual restaurants, street vendors and others. The quick service restaurants segment is projected to largest revenue share in the global drive thru food market.

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