The global fast food and quick service restaurants market is anticipated to grow with a significant CAGR during the forecast period (2020-2026). The market will be majorly driven by the increasing adoption of fast food by emerging economies across the globe. Additionally, the youth population is also turning more often now towards fast food for a quick food option. In addition to this, changing lifestyle with the increasing number of working women populations across the globe is increasing the preference towards fast food that is economical and easy to make. This is also expected to positively impact the growing shares of the market during the forecast period.
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Furthermore, fast food and quick-service restaurants are also expanding their global footprint by opening various franchised stores in favorable regions. This in turn is anticipated to significantly fuel the global fast food and quick service restaurants market growth. For instance, Restaurant Brands International Inc., which owns globally recognized brands such as Burger King, Tim Hortons, and Popeyes Louisiana Kitchen, is expanding the international presence of all its three brands. The company is working to either open up restaurants or form partnerships with the local franchisees across the Asia Pacific, Latin America, and Europe.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered-
Ø By Product Type
· By Category
· By Store Type
· By Distribution Channel
Ø Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Ø Competitive Landscape- Domino’s Pizza, Inc., McDonald’s Corp., Starbucks Corp., Subway IP LLC, Yum! Brands, Inc.,
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from the pre-COVID-19 forecast
· Most affected region/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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Global Fast food and quick service restaurants Market Report Segment
By Product Type
· Burger& Sandwich
· Pizza & Pasta
· Beverage
· Desserts
· Salads
· Donuts
· Others Product
By Food Category
· Vegetarian Food
· Non-Vegetarian Food
· Vegan Food
By Store Type
· Chain Store
· Independent Store
By Distribution Channel
· Offline
· Online
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)