Indian fast food and quick service restaurants market is anticipated to grow with a significant CAGR during the forecast period (2020-2026). The growth of the market in the country is primarily driven by the advent of the technological economy and the adoption of modern life. Additionally, the presence of favorable demographics coupled with the rising disposable income of the people across the country will also aid in the growth of the market. In addition to this, the rising exposure to western cuisines is also driving the demand for fast food and quick-service restaurants.
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Furthermore, the significantly rising number of nuclear families and the growing strength of working women in the country are fuelling the trend of eating out. Additionally, global players such as Pizza Hut, Dominos, McDonald’s, and KFC are also investing heavily in expanding their business operations in the country to grab the share in the lucrative market of India. For instance, Pizza Hut, owned by Yum! Brands Inc. has around 350 stores in more than 100 cities in India. Besides, increasing brand awareness is also fostering the growing shares of fast food and quick service restaurants market.
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 Distribution Channel
Ø Regions Covered-
· India
· Competitive Landscape- Jumboking Foods Pvt. Ltd, McDonald’s Corp, Coffee Day Global Ltd., Domino’s Pizza, Inc.
Key questions addressed by the report
· What is the market growth rate?
· Which segment dominates the market in the base year?
· Which segment 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 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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Indian 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.)
