Low-Cost Pizza Franchise Market Outlook, Critical Insights, Trends Analysis, Key Players And Forecast To 2033

The new report published by The Business Research Company, titled ""Low-Cost Pizza Franchise Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the low-cost pizza franchise market size has grown strongly in recent years. It will grow from $16.26 billion in 2023 to $17.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The low-cost pizza franchise market size is expected to see strong growth in the next few years. It will grow to $21.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.

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Growth Of Pizza Franchises And The Spread Of Fast-Food Chains
The growth in the number of fast-food restaurants is expected to propel the growth of the low-cost pizza franchise market going forward. Fast-food restaurants refer to establishments that serve quick, standardized meals typically prepared in bulk and intended for immediate consumption. Fast-food restaurants are growing due to their convenience, affordability, and ability to adapt to diverse consumer preferences in urban and suburban settings. The low-cost pizza franchise contributes to the growth of fast-food restaurants by offering affordable entry options for aspiring entrepreneurs, thereby expanding the overall presence and accessibility of quick-service dining options in various locations. For instance, in February 2024, according to the annual report of Domino's, a US-based pizza restaurant chain, in 2023, the year-end store count of Domino's in the US franchise was 6,566, an increase from 6,400 in the year 2022. Therefore, the growth in the number of fast-food restaurants is driving the growth of the low-cost pizza franchise market.

Growing Trend With Expansion Of Franchise Options
Major companies operating in the low-cost pizza franchise market focus on innovative franchise options to differentiate their offerings and capitalize on growing consumer demand for authentic and high-quality pizza experiences. Pizza franchising is a business model where a company (the franchisor) grants individuals or other businesses (the franchisees) the rights to operate a pizza restaurant under the franchisor's brand name and according to their established guidelines. For instance, in June 2024, Rosso Pomodoro, an Italy-based pizza company, launched franchise opportunities in the US. The new US franchises will introduce a fast-casual concept, serving authentic Neapolitan pizza and Italian specialties with top-quality ingredients. Each location will feature a patented Italian pizza oven, emphasizing the artistry and tradition of Neapolitan pizza-making.

The low-cost pizza franchise market covered in this report is segmented -

1) By Type: Delivery And Takeout Franchise, Carryout Franchise, Fast Casual Franchise, Mobile Pizza Franchise, Other Types
2) By Revenue Component: Franchise Fees, Royalty Fees, Advertising And Marketing Fees, Supply Chain And Purchasing Fees, Renewal Fees, Other Revenue Components
3) By Franchise Location: Domestic, International

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Major companies operating in the low-cost pizza franchise market are Pizza Hut LLC, Domino's Pizza, Papa Johns, Little Caesars, Pieology Pizzeria, MOD SUPER FAST PIZZA LLC, Round Table Pizza, Donatos, Jet's Pizza, Toppers Pizza, PAPA MURPHY'S, The Marco's Pizza, Hungry Howie Pizza & Subs Inc., Blaze Pizza LLC, Mountain Mike's Pizza, PizzaRev, Pizza Factory, CICI ENTERPRISES LP, Pie Five Pizza Company, Rosati's Pizza, LEDO PIZZA SYSTEM INC., Paisano's Pizza, Your Pie Pizza Franchise

Contents of the report:
1. Executive Summary
2. Low-Cost Pizza Franchise Market Report Structure
3. Low-Cost Pizza Franchise Market Trends And Strategies
4. Low-Cost Pizza Franchise Market - Macro Economic Scenario
5. Low-Cost Pizza Franchise Market Size And Growth
…..
27. Low-Cost Pizza Franchise Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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