A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Quick Service Restaurants and Fast Food Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. Quick Service Restaurants and Fast Food market research report has been generated with the systematic gathering and evaluation of market information for Quick Service Restaurants and Fast Food industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Quick Service Restaurants and Fast Food market research 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
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REPORT METRIC |
DETAILS |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015 - 2020) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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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) |
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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) |
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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.) |
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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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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Quick Service Restaurants and Fast Food market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Quick Service Restaurants and Fast Food Market
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- This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
- It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
- In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
- Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
- Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Quick Service Restaurants and Fast Food report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Regional Analysis/Insights: Quick Service Restaurants and Fast Food Market
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.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Quick Service Restaurants and Fast Food Market: Regulations
- Market Overview
- Global Quick Service Restaurants and Fast Food Market, By Variety
- Global Quick Service Restaurants and Fast Food Market, By Packaging Size
- Global Quick Service Restaurants and Fast Food Market, By Application
- Global Quick Service Restaurants and Fast Food Market, By Distribution Channel
- Global Quick Service Restaurants and Fast Food Market, By Region
- Global Quick Service Restaurants and Fast Food Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-quick-service-restaurants-and-fast-food-market
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