Limited-Service Restaurants Market Is Expected To Reach US$ 1,890 Billion By 2033

The global limited-service restaurants market is valued at US$ 1,160 billion in 2023. The market is predicted to reach a valuation of US$ 1,890 billion by the end of 2033, expanding at a CAGR of 5% over the next ten years.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Limited-Service Restaurants market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Limited-Service Restaurants market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8393

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐭𝐮𝐝𝐲:

• Regional breakdown of the Limited-Service Restaurants market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Limited-Service Restaurants vendors in detail.
• Region-wise and country-wise fragmentation of the Limited-Service Restaurants market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Limited-Service Restaurants market.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• McDonald's Corporation
• Starbucks Corporation
• Papa John's International, Inc.
• Burger King Corporation
• Subway
• The Wendy's Company
• Dunkin' Donuts LLC
• Domino's Pizza, Inc.

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐰𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

Why are Limited-Service Restaurant Chains Growing Substantially in the United States?

"Increasing Number of Single-person Households Generating Higher Demand for Ready-to-eat Food"

• According to data provided by Fact.MR, a market research and competitive intelligence provider, the valuation of the United States market was US$ 280 billion in 2022.
The growth opportunities are attributed to the increasing demand for convenience foods due to the rising population of working-class people. Moreover, a growing number of single-person households is also predicted to generate lucrative opportunities for market players.
• Demand for quick service restaurants (QSRs) in Canada is expected to advance at a CAGR of 4.2% from 2023 to 2033.

"Increasing Incidences of Home-Delivery Services in Japan"
• Sales of limited-service restaurant food in Japan are forecasted to grow at a CAGR of 2.6% from 2023 to 2033.
Growth opportunities in the market are attributed to rising home seclusion and several options that are available for home delivery/takeout facilities.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Key limited-service restaurants around the world are increasing their expenditure to strengthen their supply chain management systems to ensure maximum satisfaction to consumers. In addition, LSR restaurants are also aiming to deliver quality products to end users while maintaining product standards and ensuring minimal environmental impact. These efforts are expected to fuel growth in the limited-service restaurants market.
Leading market players are coming up with new developments to attract a larger consumer base.

For instance,
• In April 2021, McDonald's Japan introduced the Samurai Mac burger in its regular menu.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐋𝐢𝐦𝐢𝐭𝐞𝐝-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Type :
o Fast-Food Restaurants
o Drive-in Restaurants
o Pizza Delivery Shops
o Carryout Restaurants

• By Distribution Channel :
o Offline
o Online

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/checkout/8393

𝐐𝐮𝐞𝐫𝐢𝐞𝐬 𝐚𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭:

• Why are the Limited-Service Restaurants market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global Limited-Service Restaurants market?
• Which regions are displaying the fastest growth in the Limited-Service Restaurants market?
• What are the underlying micro- macroeconomic factors affecting the global Limited-Service Restaurants market?

𝐖𝐡𝐲 𝐜𝐡𝐨𝐨𝐬𝐞 𝐅𝐚𝐜𝐭.𝐌𝐑?

Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients' requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.