Segmentation by Service (Food Service, Take-out Service, Drive-Thru, and Home Delivery Service) and Geography (North America, APAC, Europe, South America, and MEA) — Forecast to 2025 | Technavio

NEW YORK, January 26, 2022 /PRNewswire/ — The fast food market is segmented into two categories based on the service (home care and design, repair and maintenance, health, wellness and beauty, and others) and geographic (APAC, North America, Europe, South Americaand MEA). Market share is expected to grow by $119.20 billion from 2020 to 2025, and the growth momentum of the market accelerate at 3.55% CAGR.

Attractive Opportunities in the Quick Service Restaurant Market by Service and Geography – Forecast and Analysis 2021-2025

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Parent Market Analysis

The global fast food market is categorized by Technavio as part of the global restaurant industry under the overall hotel, catering and leisure market. Hotels, bars, pubs, fast food outlets, takeaways and catering services are all part of the global restaurant market.

Technavio uses total revenue generated by manufacturers to estimate the size of the global quick service restaurant market. The external factors influencing the growth potential of the parent market in the coming years have been thoroughly studied in our research analysis. To learn more about the growth levels of quick service restaurants throughout the forecast period, Download a free sample.

Quick Service Restaurant Value Chain Analysis

To maximize profit margins and evaluate business plans, an end-to-end understanding of fast food service is required. The report will help vendors reduce costs and improve customer services over the forecast period.

  • Submissions

  • Inbound logistics

  • Operations

  • External logistics

  • Marketing and Sales

  • A service

To unlock information on supplier travel costs and customer service, download our free sample report.

Supplier Information

The fast food market is fragmented, and vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of this opportunity, sellers in the market should focus more on the growth prospects of the fast-growing segment while maintaining their positions in the slow-growing segments.

We provide a detailed analysis of the vendors operating in the Quick Service Restaurants market including some of the vendors such as American Dairy Queen Corp., Chick-fil-A Inc., Doctors Associates LLC, Domino’s Pizza Inc., Dunkin Brands Group Inc., Inspire Brands Inc., McDonald Corp., Starbucks Coffee Company, The Wendys Co. and YUM Brands Inc. .

Backed by competitive intelligence and benchmarking, our Quick Service Restaurants market research reports are designed to provide entry assistance, customer profiling and M&A as well as growth strategy support. marketing.

Product information and news

  • American Dairy Queen Corp. – Offers a wide range of snacks, meals and beverages through its chain of quick service restaurants named Dairy Queen.

  • Domino’s Pizza Inc. Offers its customers a wide range of pizzas, snacks and meals through its chain of quick service restaurants.

  • Dunkin Brands Group Inc. Offers a wide range of snacks and ice cream through its fast food chain named Dunkin and Baskin Robbins.

The Quick Service Restaurants Market forecast report offers in-depth insights into key vendor profiles and offerings Download a free sample report

Geographical Highlights

The growth of fast food market share in North America will be significant during the forecast period. The United States and Canada are the main fast food markets in North America. The growth of the market in this region will be faster than the growth of the market in EuropeAME and South America.

United States and Canada are the major contributors to the expansion of the market. This is due to the region’s propensity to eat out, which is pushing restaurateurs to open new establishments. As a result, the number of quick service restaurants in the area is increasing. Chain restaurants typically have heavy foot traffic, which is especially true in United States and Canada when opposed to Mexico. Another factor that influences market expansion is brand loyalty.

Moreover, the United States is North America leading producer of fast food, thanks to consumer preference for dining out, brand loyalty, interest in new dining experiences, and the introduction of new cuisines and flavors In the region.

To unlock the best strategies practiced by the region that generates maximum growth, View sample report

Key Market Dynamics-

The increase in the number of quick service restaurants is one of the main drivers for the growth of the fast food business. The increased demand for fast food, especially in emerging countries, is increasing the number of quick service restaurants. Fast food chains are thus encouraged to develop both nationally and internationally. Specialty coffees have emerged due to the diversity of tastes and preferences for various varieties of premium coffee.

Another key reason for the growth in quick service restaurant market share is innovation in food packaging and serving. Packaging is often seen as an extension of brand value. Therefore, the packaging of any brand is essential to stimulate consumers’ attention and curiosity. Biodegradable packaging, compostable packaging, packaging adapted to the shape and size of a food product are all examples of innovations.

Download a free sample for highlights on market drivers and trends affecting quick service restaurants Marlet.

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Specialty Coffee Market by Type and Geography – Forecast and Analysis 2021-2025

Scope of the quick service restaurant market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 4%

Market Growth 2021-2025

$119.20 billion

Market structure

Fragmented

Annual growth (%)

2.87

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

North America at 43%

Main consumer countries

United States, China, Japan, United Kingdom and Canada

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

American Dairy Queen Corp., Chick-fil-A Inc., Doctors Associates LLC, Dominos Pizza Inc., Dunkin Brands Group Inc., Inspire Brands Inc., McDonald Corp., Starbucks Coffee Company, The Wendys Co. and YUM Brands Inc. .

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us:

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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