Global fast food and fast food industry

Dublin, October 15, 2021 (GLOBE NEWSWIRE) – The “Fast Food and Fast Food Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” the report was added to offer.

The global fast food and fast food restaurant market reached a value of US $ 260 billion in 2020. Going forward, the market is expected to grow at a CAGR of 5.1% during 2021-2026. Bearing in mind the uncertainties of COVID-19, the analyst is continuously monitoring and evaluating the direct and indirect influence of the pandemic. This information is included in the report as a major contributor to the market.

A fast food restaurant (QSR) refers to a casual dining setup, in which pre-prepared fast food is assembled and served to customers. These outlets usually have a limited menu, and food is prepared in advance in large quantities, which are then heated and packaged for take-out or on-site. They offer a wide variety of budget foods and drinks, such as burgers, sandwiches, pizza, pasta, soft and alcoholic drinks, desserts, cakes, pastries, chicken, seafood, etc., and which are inspired by local ingredients and cuisine. Other than that, these restaurants are typically part of an existing restaurant chain or franchise that provides standardized ingredients and / or partially prepared foods to restaurants through controlled supply channels.

The significant growth of the food and beverage industry, along with the widespread adoption of franchise business models by popular restaurant chains, is one of the key factors creating a positive outlook for the market. In addition, the increase in the workforce and improved lifestyles of consumers around the world have increased the consumption of fast food products. Additionally, due to busy schedules, there is a widespread adoption of take-out food items that can be easily purchased and consumed while traveling. This, therefore, creates a positive outlook for the market. Additionally, the emerging cafe culture coupled with the availability of healthier fast food alternatives is acting as another growth driver. QSRs are developing innovative and exotic recipes using natural, organic, and plant-based ingredients, instead of artificial and processed substitutes, and are gaining popularity among health-conscious consumers. Other factors including modernization and digitization of restaurants coupled with the use of touch screen kiosks, kitchen display screens and digital vending terminals are expected to drive the market.

Key market segmentation

The analyst provides key trend analysis within each sub-segment of the global fast food and fast food restaurant market along with forecast at global, regional and country level from 2021 to 2026. The report categorized the market into depending on region, business model, cuisine, type of product and type of service.

Breakdown by business model

  • Independent
  • Channel and Franchise

Breakdown by kitchen

  • American
  • Chinese
  • Italian
  • Mexican
  • Japanese
  • Turkish and Lebanese
  • Others

Breakdown by product type

  • Burger and Sandwiches
  • Pizzas and Pasta
  • Drinks and desserts
  • Chicken and seafood
  • Others

Breakdown by type of service

  • an online service
  • Offline service

Breakdown by region

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive landscape

The report also analyzed the competitive landscape of the market with some of the major players being Ark Restaurants Corp., Carrols Restaurant Group Inc., Chipotle Mexican Grill Inc., Del Taco Restaurants Inc., Jack in The Box Inc., Kotipizza Group Oyj ( Orkla ASA), McDonald’s Corporation, Restaurant Brands International Inc., The Wendy’s Company and Yum Brands Inc.

Key questions answered in this report

  • How has the global fast food and fast food market performed so far and how will it perform in the years to come?
  • What has been the impact of COVID-19 on the global fast food and fast food restaurant market?
  • What are the main regional markets?
  • What is the breakup of the market according to the economic model?
  • What is the break in the market depending on the cuisine?
  • What is the distribution of the market according to the type of product?
  • What is the distribution of the market according to the type of service?
  • What are the different stages of the industry value chain?
  • What are the main factors and challenges for the industry?
  • What is the structure of the global fast food and fast food restaurant market and who are the major players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Fast Food and Fast Food Restaurant Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market breakdown by business model
6.1 Independent
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Chain and franchise
6.2.1 Market trends
6.2.2 Market Forecast

7 Market breakdown by cuisine
7.1 American
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Chinese
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Italian
7.3.1 Market trends
7.3.2 Market Forecast
7.4 Mexican
7.4.1 Market trends
7.4.2 Market Forecast
7.5 Japanese
7.5.1 Market trends
7.5.2 Market Forecast
7.6 Turkish and Lebanese
7.6.1 Market trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market trends
7.7.2 Market Forecast

8 Market breakdown by product type
8.1 Burgers and sandwiches
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Pizzas and pasta
8.2.1 Market trends
8.2.2 Market Forecast
8.3 Drinks and desserts
8.3.1 Market trends
8.3.2 Market Forecast
8.4 Chicken and seafood
8.4.1 Market trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market trends
8.5.2 Market Forecast

9 Market breakdown by type of service
9.1 Online service
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Offline service
9.2.1 Market trends
9.2.2 Market Forecast

10 Market breakdown by region

11 SWOT Analysis

12 Value chain analysis

13 Porters Five Forces Analysis

14 Price analysis

15 Competitive landscape
15.1 Market structure
15.2 Key players
15.3 Profiles of key players
15.3.1 Ark Restaurants Corp. Company presentation Product portfolio Finances SWOT Analysis
15.3.2 Groupe Restaurant Carrols Inc. Company overview Product portfolio Finances
15.3.3 Chipotle Mexican Grill Inc. Company overview Product portfolio Finances SWOT Analysis
15.3.4 Restaurants Del Taco inc. Company overview Product portfolio Finances
15.3.5 Jack in The Box Inc. Company overview Product portfolio Finances SWOT Analysis
15.3.6 Kotipizza Oyj Group (Orkla ASA) Company overview Product portfolio
15.3.7 McDonald’s Corporation Company overview Product portfolio Finances SWOT Analysis
15.3.8 Restaurant Brands International Inc. Company overview Product portfolio Finances
15.3.9 Wendy’s company Company overview Product portfolio Finances SWOT Analysis
15.3.10 Trademarks Yum Inc. Company overview Product portfolio Finances SWOT Analysis

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