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Low-Cost Pizza Franchise Market Expected to Achieve 6.1% CAGR by 2029: Growth Forecast Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Low-Cost Pizza Franchise Market Size By 2025?
There has been a marked growth in the market size of low-cost pizza franchises in recent years. The sector, which was valued at $17.24 billion in 2024, is projected to grow to $18.36 billion in 2025, reflecting a compound annual growth rate of 6.5%. The historical growth of this market can be linked to several factors including an increase in numbers of fast-food outlets and food trucks, a rising trend of dining out, an uptick in the millennial demographic, a growing impact of international cuisines on food consumption patterns, and swift infrastructure and urbanization development.
How Big Is the Low-Cost Pizza Franchise Market Size Expected to Grow by 2029?
Anticipated robust expansion is on the cards for the low-cost pizza franchise market in the coming years. The sector is predicted to swell to a worth of $23.29 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. The upswing through the forecast period can be linked to escalated demand and consumption of pizza, the burgeoning prevalence of quick-service restaurants, amplified demand for pizza, the spread of online food delivery platforms, and the mounting need for convenient food products. The projection period will also see trends like a surge in demand for healthier pizza alternatives, the growing appeal of plant-based and vegan pizzas, the uptake of online ordering systems, deployment of green packaging, and launch of healthier menu options.
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Which Key Market Drivers Powering Low-Cost Pizza Franchise Market Expansion and Growth?
The expansion of the fast-food industry is predicted to drive the growth of the economy pizza franchise market in the future. Establishments that deliver quick, standardized meals, generally prepared en masse for immediate gratification, are referred to as fast-food restaurants. The growth of these restaurants stems from their ease of access, cost-effectiveness, and adaptability to a myriad of consumer tastes in both urban and suburban locales. Economical pizza franchises contribute to this growth by providing enterprising individuals with affordable business opportunities. This expands the total ubiquity and availability of quick-service restaurants in a variety of settings. For instance, Domino's, an American pizza chain, reported in its February 2024 annual report that the number of Domino's franchise stores in the US was 6,566 at the end of 2023, reflecting an increase from 6,400 outlets in 2022. Hence, the proliferation of fast-food enterprises is fuelling the expansion of the economical pizza franchise market.
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Which Fast-Growing Trends Are Poised to Disrupt the Low-Cost Pizza Franchise Market?
Leading firms in the low-cost pizza franchise market are turning to novel franchise alternatives to set their services apart and exploit the increasing consumer desire for genuine and superior pizza experiences. Pizza franchise refers to a trade model where a firm (known as the franchisor) endows individuals or other companies (termed as the franchisees) with the permission to run a pizza outlet under the franchisor's trademark and conforming to their set rules. For example, in June 2024, Rosso Pomodoro, a pizza company based in Italy, unveiled franchise possibilities in the United States. These novel franchises in the US will present a quick, casual concept, offering authentic Neapolitan pizza and other Italian delicacies made from high-grade ingredients. Each venue will boast a copyrighted Italian pizza furnace that will highlight the craftsmanship and heritage of Neapolitan pizza-making.
What Are the Emerging Segments in the Low-Cost Pizza Franchise Market?
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
Subsegments:
1) By Delivery And Takeout Franchise: Traditional Delivery And Takeout Pizza Chains, Online-Only Delivery And Takeout Pizza Brands, Franchise With Focus On Contactless Delivery, Delivery-Oriented Pizza Franchises With Limited Dine-In, Hybrid Delivery And Takeout Models (With Pickup And Delivery)
2) By Carryout Franchise: Counter-Service Pizza Franchises, Takeaway-Only Pizza Franchises, Carryout Pizza Franchises With Self-Service Kiosks, Budget-Friendly Carryout Pizza Options, Franchise Models With Special Focus On Online Ordering For Carryout
3) By Fast Casual Franchise: Fast Casual Pizza Chains With Quick Service, Pizza Franchises With Build-Your-Own Pizza Options, Fast Casual Franchises Offering Personal Or Custom-Sized Pizzas, Casual Dining Franchises With Fast Service Concept, Fast Casual Pizza Brands With Focus On Fresh Ingredients
4) By Mobile Pizza Franchise: Pizza Food Truck Franchises, Mobile Pizza Trailer Franchises, Mobile Wood-Fired Pizza Franchises, Mobile Pizza Kiosk Franchises, Pizza Vans Catering To Events And Festivals
5) By Other Types: Hybrid Dine-In And Takeout Pizza Franchises, Cloud Kitchen Pizza Franchises, Subscription-Based Pizza Delivery Franchises, Pizza Catering Services Franchises, Pizza Kiosk Or Vending Machine Franchises, Franchises With Digital-Only Ordering Platforms
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Who Are the Global Leaders in the Low-Cost Pizza Franchise Market?
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
Which are the Top Profitable Regional Markets for the Low-Cost Pizza Franchise Industry?
North America was the largest region in the low-cost pizza franchise market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low-cost pizza franchise market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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