Press release
Quick-Service Restaurants Market to Value at USD 603.3 Billion by 2030
Quick-Service Restaurants Market
The Quick Service Restaurants (QSR) market is made up of fast-food establishments that prioritize efficiency and convenience in serving patrons. These eateries typically offer a concise menu and rapid service, catering to customers looking for quick dining solutions. With their emphasis on speed and affordability, QSRs have become go-to options for people with busy schedules. The market's growth is fueled by shifting consumer tastes and lifestyle adaptations, reflecting an ongoing evolution in dining preferences.
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Key Companies in the Quick-Service Restaurants market include.
Domino's Pizza Inc. (US)
The Wendy's Company (US)
Subway IP LLC (US)
Restaurants brand International Inc. (Canada)
Inspire Brands Inc. (US)
Papa John's International Inc. (US)
The cola-cola company (US)
Wallace Fujian food co. Ltd (China)
Market Segmentations:
Quick Service Restaurants Service Type Outlook
Self-serviced
Assisted self-service
Fully serviced
Quick Service Restaurants Category Outlook
Single Outlet
Quick Service Restaurants Chain
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Quick-Service Restaurants Market Regional Insights
The study delves into the Quick Service Restaurants (QSR) market across various regions including North America, Europe, Asia-Pacific, and the Rest of the World. In 2021, North America's QSR market accounted for USD 207.42 billion and is anticipated to demonstrate significant growth throughout the study period. The industry's expansion in North America is notably propelled by the increasing demand for ready-to-eat meals and consumers' preference for quick, affordable fast food options from QSRs. Additionally, shifting eating patterns, a surge in dining out preferences, and reduced time allocated for cooking are key factors driving the regional growth of the quick-service restaurant sector.
Moreover, the market report extensively covers major countries such as the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Key questions answered in the report:
Which are the five top players of the Quick-Service Restaurants market?
How will the Quick-Service Restaurants market change in the next five years?
Which product and application will take a lion's share of the Quick-Service Restaurants market?
What are the drivers and restraints of the Quick-Service Restaurants market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Quick-Service Restaurants market throughout the forecast period?
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Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
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