Global Fast Food and Quick Service Restaurant Market Overview to 2026 – By Business Model, Cuisine, Product Type, Service Type, and Region – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD)–The “Fast Food and Fast Food Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” the report was added to ResearchAndMarkets.com 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.
Ark Restaurants Corp.
Carrols Restaurant Group Inc.
Chipotle Mexican Grill Inc.
Restaurants Del Taco Inc.
Jack in The Box Inc.
Kotipizza Oyj Group (Orkla ASA)
International Restaurant Brands Inc.
The Wendy’s Company and Yum Brands Inc.
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 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 market break in terms of 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:
2 Scope and methodology
3 Executive summary
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
7 Market breakdown by cuisine
8 Market breakdown by product type
9 Market breakdown by type of service
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
For more information on this report, visit https://www.researchandmarkets.com/r/u3iktq