Data Bridge Market research has recently released expansive research titled "Global Quick Service Restaurants and Fast Food Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Quick Service Restaurants and Fast Food market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Quick Service Restaurants and Fast Food market report.
Data Bridge Market Research analyses that the quick service restaurants and fast food market was valued at USD 302.86 billion in 2022 and is expected to reach USD 468.33 billion by 2030, registering a CAGR of 5.60% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand..
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Market Definition
Quick service restaurants (QSR) and fast food are those restaurant which provide certain food products that need minimum time for preparation and delivered by quick services. Normally, quick service restaurants deal with fast food products with a limited menu because they can be cooked in minimum time. These restaurants are known to have modular, standardized and efficient processes which aid them in dropping the lead times to fulfil the orders. Usage of technology and Preparation methodology are pillars of a quick service restaurant (QSR).
Quick Service Restaurants and Fast Food Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 - 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Type (Chain, Independent), Cuisine (America, Chinese, Italian, Mexican, Japanese, Turkish and Lebanese, Others, Product Type (Burger and Sandwiches, Pizzas and Pastas, Drinks and Desserts, Chicken and Seafood, Others), Service Type (Online Service, Offline Service) |
| Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
| Market Players Covered | Jack in the Box (U.S.), Chipotle Mexican Grill (U.S.), Kotipizza Group Oyj (Finland), Restaurant Brands International Inc (Canada), Del Taco Restaurants, Inc. (U.S.), Ark Restaurants Corp. (U.S.), McDonald's (U.S.), Darden Concepts, Inc. (U.S.)., Pizza Hut India (India), Carrols Restaurant Group, Inc., (U.S.), Burger King Corporation (U.S.), Subway IP LLC (U.S.), Taco Bell IP Holder, LLC (U.S.) |
| Market Opportunities |
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Quick Service Restaurants and Fast Food Market Dynamics
Drivers
- Rising popularity of American cuisine
The restaurants which is offering American cuisine serves variety of frozen dairy desserts, wraps, doughnuts, burgers, pop-corns, fries, toasts, nuggets, potato wedges, chicken fries, corn dogs, chicken fingers, sandwiches, sliders, coleslaw, cinnamon rolls, muffins, biscuits, cakes and sweet flavored drinks. The industrial process, development of franchises, fast-paced lifestyle, and efficiency in production are some of the major factors which is playing an important role in broadening the scope of American cuisine. This will help the Quick service restaurants (QSR) and fast food market to grow.
- Increasing addition of healthy food in joints and restaurants
The traditional view of quick service restaurants (QSR) serving greasy, unhealthy food such as burgers and fried chicken is changing now. Most chains are interested in adapting to those market which is more conscious about their health than also about maintaining a healthy lifestyle. This can be seen in the development of healthier options such as Subway and how companies such as McDonalds have adapted their menu by providing Deli wraps and salads alongside the traditional fries and burger.
Opportunities
- Increasing adoption of advanced technology in restaurants
Technology has also played an important role in supporting the growth of the market. Self-order kiosks, touchscreen point of sales terminals and kitchen-display screens are among numerous other technologies that assist in restructuring the industries operations. Deployment of self-order kiosks has been growing in number in numerous restaurants. These aid in meeting diners’ expectations through easy-to-use interfaces and top-notch digital experience. Moreover, this advanced technology gives customer an easy and quick opportunity to be selective about their orders by allowing several customizations and reviews. Besides supporting the customers, the kiosks also help in growing the average check size and order volume.
Restraints/ Challenges
- Side effect associated with quick service restaurants and fast food
Increasing awareness regarding health issues among consumers due to the growing consumption of unhealthy food products is one of the major factor which may be hamper the growth of the of quick service restaurants and fast food market during the forecast period 2023 to 2030.
This quick service restaurants and fast food market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the quick service restaurants and fast food market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2021, Starbucks and Nestlé declared a new collaboration to get Starbucks Ready-to-Drink (RTD) coffee beverages to target markets across Oceania, Southeast Asia and Latin America. Starbucks and Nestlé are expected to focus on the most popular RTD products, such as Starbucks Doubleshot and Starbucks Frappuccino and will continue to grow a strong innovation pipeline.
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Quick Service Restaurants and Fast Food Market, By Region:
The quick service restaurants and fast food market is analyzed and market size insights and trends are provided by country, type, cuisine, product type and service type as referenced above.
The countries covered in the quick service restaurants and fast food market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the quick service restaurants and fast food market in terms of revenue and market share. This is mainly due to the availability of different types of fast food and huge consumption of fast food in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the changing lifestyle of the consumers in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Quick Service Restaurants and Fast Food market.
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Quick Service Restaurants and Fast Food Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Quick Service Restaurants and Fast Food Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Quick Service Restaurants and Fast Foodin Healthcare Industry
Global Quick Service Restaurants and Fast Food Market, by Product Type
Global Quick Service Restaurants and Fast Food Market, by Modality
Global Quick Service Restaurants and Fast Food Market, by Type
Global Quick Service Restaurants and Fast Food Market, by Mode
Global Quick Service Restaurants and Fast Food Market, by End User
Global Quick Service Restaurants and Fast Food Market, by Geography
Global Quick Service Restaurants and Fast Food Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-quick-service-restaurants-and-fast-food-market
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