openPR Logo
Press release

Fast Food Market: Fast-paced Lifestyle of Consumers Boosts Demand for Fast Food

Fast Food Market: Fast-paced Lifestyle of Consumers Boosts

According to TMR, the global market for fast foods, which stood at US$477.1 bn in 2013, is anticipated to progress at a CAGR of 4.40% over the period from 2013 to 2019, rising to US$617.6 bn by the end of the forecast period. Among the types of fast foods available across the world, the demand for pizza/pasta and burger/sandwich is much higher. Researchers at TMR project this scenario to remain so in the near future, states the report.

Obtain Report Details @ www.transparencymarketresearch.com/global-fast-food-marke...

The global fast food market has gained traction and demonstrated resistance even in the time of recession to grow as one of the leading drivers responsible for the worldwide rise of the consumer foodservice sector. Finding its roots in North America, fast food is mainly accepted based on its quick availability and taste factor. The global vendors have successfully managed to reach out to new consumers through product innovations, quick-fire international expansion, and upgrades in dining experience. With colossal investments by giant operators, the worldwide market is expected to exhibit dominance for more years to come.

North America and Europe as the conventional markets for fast food have clasped a stupendous market share in the recent past, owing to heavy dependence on convenience owing to a busy lifestyle and high demand for convenient restaurant food. Moreover, the healthy changes in fast food menus and introduction of unprocessed cheese, organic vegetables, hormone-free meat, and natural ingredients have contributed toward the maturation of these markets. Such brilliant transformations with changing fast food preferences of consumers and the transparency in fast food chain operations have proved to be significant for growth.

For more information on this report, fill the form @ www.transparencymarketresearch.com/sample/sample.php?flag...

Nevertheless, emerging regions such as Asia Pacific, the Middle East and Africa, and Latin America are poised to seize the fast food market at a rapid pace in the near future. Favorable demographics, increasing disposable income and purchasing power, greater urbanization, and fast adoption of the Western lifestyle have substantially made the future brighter for the developing markets. With the preference for offers, proximity, and easy prices, the developing regions have proposed a change in the global market.

Howbeit, North America still dominates the global market with more number of fast food consumers than the other regions. North America and Asia Pacific had collectively dominated the market with a share of over 60.0% in the past.

“As the lifestyles of consumers across the world has increasingly become fast-paced, the demand for such consumables, which do not require much of cooking and can be eaten on the go has soared substantially,” says a research analyst at TMR. With regular innovation in flavors, the market players have been successful in materializing people’s obsession with fast food, globally.

The increasing population of kids and young adults is likely to boost this market considerably in the years to come. However, the rising level of awareness among people regarding the harmful effects of fast food on the health may limit its uptake over the next few years, reflecting negatively on the global market, reports the study.

The review is based on a report by Transparency Market Research, titled “Fast Food Market (Product - Burger/Sandwich, Pizza/Pasta, Chicken, Asian/Latin American Food, Sea-food, Snacks, and Mexican; Distribution Channel - Quick Service Restaurant (QSR) and Street Vendors) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019.”

The market is categorized into the following segments:

By Product Type
Burger/Sandwich
Pizza/Pasta
Chicken
Asian/Latin American Food
Sea-Food
Others (Snacks, Mexican etc.)

By Distribution Channel
Quick Service Restaurant (QSR)
Street Vendors
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fast Food Market: Fast-paced Lifestyle of Consumers Boosts Demand for Fast Food here

News-ID: 713344 • Views: 389

More Releases from Transparency Market Research- Food & Beverage

Licorice Extracts Market Anticipated to Expand at a CAGR of 4.0% during 2017 to …
Of late, the global licorice extracts market is witnessing a stable progress, thanks to the growing demand for pharmaceutical products, herbal medicines, and various other health products among people across the world. The increasing uptake of natural ingredients in medical supplements, together with the rising inclination of consumers towards sugar-free products, boosted by the upswing in the consumer consciousness towards health and fitness, is fueling the demand for licorice extracts,
Low Intensity Sweeteners Market: Demand to Rise with Nations Inclining toward He …
In the last few years the world has witnessed drastic change in lifestyle and eating pattern across most developed and developing nations. While this paradigm shift is steered by adverse effects of unhealthy living, it is here to stay as people look for an overall better standard of living. As cutting down sweet seems easier way of committing toward a healthy living, the prevailing environment is highly conducive to the
Juice Concentrate Market: Trend of Adopting Healthy Lifestyle for Upkeep of Good …
Global analysis of the juice concentrate market along with the various segments and sub-segments have been considered under the scope of this report providing data for the forecast period of 2017-2025. Different types of juice concentrates are prepared using the method of concentration through reduction in the water content. These are a more condensed and concentrated form of juices that can be both fruit and vegetable. These juice concentrates achieved
Fresh Cherries Market: Increasing Preference for Fresh Fruits Reflect Positively …
The global fresh cherries market is extremely competitive and this is fuelled by the continued entry of new players, states Transparency Market Research (TMR). Leading players operating in the fresh cherries market include: Rainier Fruit, Alacam Tarim, Vitin Fruits, Leelanau Fruit, Dell's Marachino Cherries, The Global Green Company, Smelterz Orchard, Bel'Export, and Hood River Cherry. Players within the market are improving the sales of fresh cherry Request to view Sample Report:

All 5 Releases


More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the