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 meticulous research methodology to furnish stakeholders with a thorough analysis of the global fast food industry. By examining past and current industry status alongside forecasted market trends, the report elucidates complex data in an accessible manner. Through in-depth analysis, including PORTER and PESTEL assessments, the report evaluates both micro and macroeconomic factors impacting the fast food market, offering decision-makers a futuristic perspective.
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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: The region dominated the global fast food market in 2023, boasting a market share of approximately 35.3%. With a focus on innovation and technology, particularly in ordering and delivery services, North America remains a key player in the fast food landscape.
Asia Pacific: Emerging markets such as China and India present lucrative opportunities for fast food chains, fueled by changing lifestyles and the adoption of Western culture. The region's vibrant street food culture also influences fast food offerings, driving market growth.
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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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