Press release
Fast Food Market to reach USD 1045.01 Bn by 2029, emerging at a CAGR of 4.9 percent and forecast 2023-2029
Fast Food Market, Fast Food Market Size,
The market research report thoroughly examines the global Fast Food Market, delving into product segments, distribution channels, and regional dynamics. The report offers a detailed analysis of various product types such as Burger/Sandwich, Chicken, Pizza/Pasta, Sea-Food, Asian/Latin American Food, and Others. Distribution channels, including Quick Service Restaurants (QSR), Street Vendors, Home Delivery, and Others, are also scrutinized.
The report provides insights into the meticulous research methodology employed in its creation, offering stakeholders an understanding of the data collection process, analysis techniques, and validation procedures. This ensures the reliability and accuracy of the findings presented in the report.
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What are Fast Food Market Dynamics:
Fast food is considered as empty calorie food which defines food with bulk of calories and no or rarer micronutrients. This rise in concern resulted in people switching from fast food to fast casual food. According to WHO, around 40Percent of the world population were overweight and 15Percent of the population was suffering from obesity, in 2022. Hectic lifestyle of consumers and rising corporate culture have increased the acceptance of fast food globally.
Faster banization and globalisation are leading to an increase in the number of restaurants and hotels, which is likely to support the fast food industry's growth. Additionally, increased consumer health awareness and acceptance of healthy and delicious cuisine are fueling market expansion. Fast food has emerged as a significant source of worry.
The majority of fast foods available today are healthy, and when combined with the correct ratios and amounts of other nutrients, they can aid in weight loss. During the last decade, as recent product kinds have entered the food sector, there has been an increase in supply for fast food. Furthermore, the adoption of these items by a variety of end users, including full-service restaurants, hotel chains, and fast and easy restaurants, is likely to propel the market forward.
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Fast Food Market Regional Insights:
The report presents detailed regional insights, showcasing North America's dominance in the global Fast Food Market. North America is expected to experience the highest CAGR of 3.5Percent during the forecast period, closely followed by Europe. The US, with its strong presence of key market players and a workforce inclined towards fast foods, leads the North American market.
The Asia Pacific region commands a substantial market share of 60Percent in 2022. Markets such as China and India present significant growth opportunities due to changing lifestyles and the adoption of Western cultures among their populations.
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What is Fast Food Market Segmentation:
by Product
Pizza/Pasta
Burger/Sandwich
Chicken
Asian/Latin American Food
Sea-Food
Others
by Distribution Channel
Quick Service Restaurant (QSR)
Street Vendors
Home delivery
Others
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Who are Fast Food Market Key Players:
1.McDonald's
2. Hardee's
3. Pizza Hut
4. Domino's Pizza
5. Burger King
6. KFC
7. Subway
8. Firehouse Subs
9. Auntie Anne's
10. Wendy's International
11. Yum! Brands
12. Jack in the Box Inc.
13. Dunkin Brands
14. Dairy Queen
15. Papa John's Pizza
16. Auntie Anne's INC
17. Cinnabon Franchisor SPV LLC
18. Restaurant Brands International Inc
Table of content for the Fast Food Market includes:
1. Global Fast Food Market : Research Methodology
2. Global Fast Food Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Fast Food Market : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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