Asia-Pacific fast food and quick service restaurants market is expected to grow with a significant CAGR of 7.5% during the forecast period (2020-2026). The market growth is attributed to the changing consumer preferences across the region that are mainly inclined towards trying international cuisines. Hence, the continuously increasing penetration of international cuisines is presenting new opportunities for the expansion of fast food and quick-service restaurants across the region. Additionally, the increasing disposable income coupled with the stable economic growth of the region is also driving more people to eat-out and use services such as home delivery and drive-thru provided by fast food and quick-service restaurants. Furthermore, the increasing consumption rate of fast food especially in developing economies such as India and China owing to the huge population base of young consumers is aiding to the growth of the market.
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In addition to this, the increasing popularity of home delivery due to increasing internet penetration and the emergence of various start-ups along with the restaurant chains’ own delivery network is also propelling the market growth. Besides, with the increasing internet penetration in the region, the global and local fast-food brands are using digital advertisements to increase the popularity of their brands among the people. This, in turn, will also foster the growth of the fast-food and quick-service restaurants market in the Asia-Pacific region.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
Ø Segment Covered-
· By Product Type
· By Category
· By Store Type
· By Distribution Channel
Ø Regions Covered-
· Asia-Pacific
· Competitive Landscape- LOTTERIA Co., Ltd., McDonald’s Corp, Domino’s Pizza, Inc., Yum! Brands, Inc.
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A full Report of Asia-Pacific Fast Food and Quick Service Restaurants Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-fast-food-and-quick-service-restaurants-market
Asia-Pacific 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.)
