The fast food & quick service restaurants market is expected to grow from USD 263.48 million in 2020 to USD 380.47 million by 2028, at a CAGR of 4.7% during the forecast period 2021-2028.
The fast-food and quick-service restaurant industry has evolved to encompass the changing needs of its customers in its business model. A fast-food restaurant also known as a quick-service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service. The fast-food restaurants are part of a franchise operation that provides standardized ingredients and partially prepared foods & supplies to each restaurant through controlled supply channels. Moreover, fast food is also considered empty calorie food, which defines food with a bulk of calories and rarer micronutrients.
The factors driving the market are modern lifestyle, increasing demand for fast food and vast product availability, rising income level, strong economic growth, changing food habits, and increasing disposable income in the hand of middle-class people. The factors restraining the market growth are the growing obese population and increasing health awareness. Additionally, in the recent COVID-19 outbreak, fast food and quick-service restaurants worldwide have been forced to reduce their existing workforce significantly. However, it is an immensely negative impact on the future market of this industry.
This study delivers a comprehensive analysis of service type, type, cuisine and region. The service type segment includes take away, eat-in, drive-through, home delivery, and others. The home delivery segment holds the largest market share due to the various facilities added by manufacturers. The type segment includes Asian/Latin American food, burger/sandwich, chicken & seafood, pizza/pasta, and others. The burger/sandwich segment holds the largest market share due to the increasing consumption of burgers among the American population. The cuisine segment includes Chinese, Turkish, American, Lebanese, Italian, and Mexican. The American segment holds the largest market share due to the industrial process and fast-paced lifestyle.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America holds the largest market share due to the high inclination of the working population towards fast foods. The Asia-Pacific region is anticipated to grow and holds the largest market share due to a rise in disposable income and urbanization.
Some key players operating in the fast food & quick service restaurants market McDonald`s,Darden Concepts, Inc, Kotipizza Group Oyj,Restaurant Brands International Inc, Ark Restaurant Corp, DEL TACO RESTAURANT, INC, Yum! Brands,Chipotle Mexican Grill, Carrols Restaurant Group, Inc, and Quality Is Our Recipe, LLC.
For this study, Fior Markets Research has segmented the globalfast food & quick service restaurants market report based on service type, type, cuisine and region:
The Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Service Type
The Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Type
The Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Cuisine
The Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis ByService Type
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis ByCuisine
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising income level
5.2.2. Changing food habits
5.2.3.Increasing disposable income in the hand of middle-class people
5.3. Restraints
5.3.1.Increasing health awareness.
6. Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Service Type
6.1. Segment Overview
6.2.Take Away
6.3. Eat-In
6.4. Drive Through
6.5. Home Delivery
6.6. Others
7. Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, ByType
7.1. Segment Overview
7.2.Asian/Latin American Food
7.3. Burger/Sandwich
7.4. Chicken & Seafood
7.5. Pizza/Pasta
7.6. Others
8. Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, ByCuisine
8.1. Segment Overview
8.2.Chinese
8.3. Turkish
8.4. American
8.5. Lebanese
8.6. Italian
8.7. Mexican
9. Global Fast Food & Quick Service Restaurants Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2.North America
9.2.1. US
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. Italy
9.3.4. Russia
9.3.5. France
9.3.6. Spain
9.4. Asia-Pacific
9.4.1. India
9.4.2. Japan
9.4.3. China
9.4.4. Australia
9.4.5. Rest of Asia-Pacific (APAC)
9.5. Latin America
8.5.1. Brazil
8.6.Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. UAE
8.6.3. South Africa
8.6.4. Rest of Middle East and Africa (MEA)
10. Global Fast Food & Quick Service Restaurants Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players inGlobal Fast Food & Quick Service RestaurantsMarket
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3.Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1.McDonald`s
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2.Darden Concepts, Inc,
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3.Kotipizza Group Oyj
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4.Restaurant Brands International Inc,
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5.Ark Restaurant Corp
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6.DEL TACO RESTAURANT, INC
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7.Yum! Brands,
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8.Chipotle Mexican Grill
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9.Carrols Restaurant Group, Inc,
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10.Quality Is Our Recipe, LLC.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
2. Global Take Away, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
3. Global Eat-In, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
4. Global Drive Through, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
5. Global Home Delivery, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
6. Global Others, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
7. Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
8. Global Asian/Latin American Food, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
9. Global Burger/Sandwich, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
10. Global Chicken & Seafood, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
11. Global Pizza/Pasta, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
12. Global Others, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
13. Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
14. Global Chinese, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
15. Global Turkish, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
16. Global American, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
17. Global Lebanese, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
18. Global Italian, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
19. Global Mexican, Fast Food & Quick Service Restaurants Market, By Region, 2018-2028 (USD Million)
20. North America Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
21. North America Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
22. North America Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
23. U.S. Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
24. U.S. Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
25. U.S. Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
26. Canada Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
27. Canada Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
28. Canada Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
29. Mexico Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
30. Mexico Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
31. Mexico Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
32. Europe Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
33. Europe Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
34. Europe Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
35. U.K. Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
36. U.K. Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
37. U.K. Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
38. Germany Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
39. Germany Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
40. Germany Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
41. Italy Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
42. Italy Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
43. Italy Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
44. France Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
45. France Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
46. France Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
47. Russia Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
48. RussiaGlobal Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
49. RussiaGlobal Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
50. Spain Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
51. Spain Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
52. Spain Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
53. Asia Pacific Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
54. Asia Pacific Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
55. Asia Pacific Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
56. India Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
57. India Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
58. India Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
59. Japan Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
60. Japan Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
61. Japan Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
62. China Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
63. China Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
64. China Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
65. Australia Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
66. Australia Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
67. Australia Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
68. Latin AmericaGlobal Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
69.Latin AmericaGlobal Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
70. Latin AmericaGlobal Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
71. Brazil Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
72. BrazilGlobal Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
73. Brazil Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
74. Middle East & AfricaGlobal Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
75. Middle East & AfricaGlobal Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
76. Middle East & AfricaGlobal Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
77. Saudi Arabia Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
78. Saudi Arabia Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
79.Saudi Arabia Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
80. UAE Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
81. UAE Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
82. UAE Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
83.Saudi Africa Global Fast Food & Quick Service Restaurants Market, By Service Type, 2018-2028 (USD Million)
84. Saudi Africa Global Fast Food & Quick Service Restaurants Market, By Type, 2018-2028 (USD Million)
85. Saudi Africa Global Fast Food & Quick Service Restaurants Market, ByCuisine, 2018-2028 (USD Million)
List of Figures
1. Global Fast Food & Quick Service Restaurants Market Segmentation
2. Global Fast Food & Quick Service Restaurants Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Fast Food & Quick Service Restaurants Market Attractiveness Analysis ByService Type
9. GlobalFast Food & Quick Service Restaurants Market Attractiveness Analysis ByType
10. Global Fast Food & Quick Service Restaurants Market Attractiveness Analysis ByCuisine
11.Global Fast Food & Quick Service Restaurants Market Attractiveness Analysis ByRegion
12. Global Fast Food & Quick Service Restaurants Market: Dynamics
13. Global Fast Food & Quick Service Restaurants Market Share By Service Type(2021 & 2028)
14.Global Fast Food & Quick Service Restaurants Market Share ByType (2021 & 2028)
15. Global Fast Food & Quick Service Restaurants Market Attractiveness Analysis ByCuisine(2021 & 2028)
16. Global Fast Food & Quick Service Restaurants Market Share ByRegion (2021 & 2028)
17. GlobalFast Food & Quick Service Restaurants Market Share By Company (2020)
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