Press release
Fast Food Market to Reach USD 1096.22 Bn by 2029, emerging at a CAGR of 4.9 percent and forecast 2023-2029
Fast Food Market
The report employs a robust research methodology, presenting past and current industry status alongside forecasted market size and trends. Utilizing a clear and straightforward language, the analysis includes a dedicated study of key competitors, employing PORTER and PESTEL analysis, to provide stakeholders with actionable insights.
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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 40% of the world population were overweight and 15% of the population was suffering from obesity, in 2023. Hectic lifestyle of consumers and rising corporate culture have increased the acceptance of fast food globally.
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Fast Food Market Regional Insights:
North America: Dominated the market with a 35.3% share in 2023, expected to grow at a CAGR of 3.5%. The U.S. is a major player with a tech-savvy population and a preference for fast foods.
Asia Pacific: Held a 24.7% share in 2023 and is expected to grow rapidly. Emerging markets like China and India offer substantial opportunities. Adaptation to local flavors and street food culture influences the market.
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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
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. Starbucks
11. Wendy's International
12. Yum! Brands
13. Jack in the Box Inc.
14. Dunkin Brands
15. Dairy Queen
16. Papa John's Pizza
17. Auntie Anne's INC
18. Cinnabon Franchisor SPV LLC
19. Restaurant Brands International Inc
20. Chick-fil-A
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Table of content for the Fast Food Market includes:
Global Fast Food Market: Research Methodology
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
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