Fast Food and Quick Service Restaurant Market Size, Growth Analysis and Forecast By 2027

The latest report by IMARC Group, titled "𝐅𝐚𝐬𝐭 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐐𝐮𝐢𝐜𝐤 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global fast food and quick service restaurant market reached a value of US$ 232.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 308 Billion by 2027, exhibiting at a CAGR of 4.9% during 2022-2027.

A fast food and quick service restaurant (QSR) refers to casual dining setups in which pre-prepared fast foods are assembled and served to the customers. They usually provide a limited menu, and the food items are prepared in advance in bulk quantities, which are further heated and packaged for dine-in and takeaway. Fast food and quick service restaurant models offer an extensive variety of economical foods and beverages inspired by local ingredients and cuisine. They prove to be extremely convenient for individuals with busy schedules who don't have time to cook. Consequently, fast food and quick service restaurant solutions are in widespread demand among consumers across the globe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/fast-food-quick-service-restaurant-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

𝐅𝐚𝐬𝐭 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐐𝐮𝐢𝐜𝐤 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The expanding food and beverage (F&B) industry and the escalating adoption of franchise business models by popular restaurant chains are among the key factors driving the fast food and quick service restaurant market. In addition to this, the shifting preferences toward on-the-go food, on account of the growing working population that has hectic schedules, are also positively influencing the global market. Apart from this, the emerging trend of café culture and the increasing availability of healthier fast-food alternatives are acting as significant growth-inducing factors. Moreover, the development of innovative and exotic recipes utilizing organic, natural, and plant-based ingredients instead of artificial and processed substitutes by several QSRs is further stimulating the market growth. Besides this, the rising digitization and modernization of the restaurants, such as the rapid utilization of touchscreen kiosks, kitchen-display screens, digital sales terminals, etc., are anticipated to bolster the fast food and quick service restaurant market over the forecasted period.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/fast-food-quick-service-restaurant-market

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

𝐅𝐚𝐬𝐭 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐐𝐮𝐢𝐜𝐤 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Competitive Landscape with Key Players:

The competitive landscape of the global fast food and quick service restaurant market has also been examined along with the profiles of the key players.

Some of these key players include:

• Ark Restaurants Corp.
• Carrols Restaurant Group Inc.
• Chipotle Mexican Grill Inc.
• Del Taco Restaurants Inc.
• Jack in The Box Inc.
• Kotipizza Group Oyj (Orkla ASA)
• McDonald's Corporation
• Restaurant Brands International Inc.
• The Wendy's Company
• Yum Brands Inc.

Key Market Segmentation:

The report has categorized the market based on business model, cuisine, product type, service type and region.

Breakup by Business Model:
• Independent
• Chain and Franchise

Breakup by Cuisine:
• American
• Chinese
• Italian
• Mexican
• Japanese
• Turkish and Lebanese
• Others

Breakup by Product Type:
• Burger and Sandwiches
• Pizzas and Pastas
• Drinks and Desserts
• Chicken and Seafood
• Others

Breakup by Service Type:
• Online Service
• Offline Service

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=2566&flag=C

Key Highlights of The Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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