The latest research report on Fast Food Market
The global fast food market is expected to attain a value of USD 843.4 Billion by 2026, registering a CAGR of 5.6% during the forecast period, 2019–2026.
Global Fast Food Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Fast Food industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Fast Food industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Globally, the fast food market is booming, owing to extensive creative advertisement and branding by leading fast food chains. Fast food chains are adopting various strategies to gain a foothold in the market and capture market share.
Today’s fast-paced life and availability of several fast food products are the key factors driving the global fast food market. According to the Statistic Brain Research Institute, the fast food market in the U.S. is valued at around USD 110 billion and 50 million Americans consume fast food on a daily basis. Among the 50 million daily fast food consumers, 34% are children aged between 2 and 9 years.
Some of the major players in the global fast food market are McDonald’s, Hardee’s, Pizza Hut, Domino’s Pizza, Burger King, KFC, Subway, Dunkin’ Donuts, Firehouse Subs, Auntie Anne’s, Yum! Brands Inc., and Doctor’s Association Inc.
The Fast Food Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Fast Food industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Fast Food market since the past few years.
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By Type, Burgers & Sandwiches, Pizzas & Pastas, Chinese Food, Fried Chicken, Others, ,
By Distribution Platform, Quick Service Restaurant (QSR), Street Vendors, Food Delivery Services, Online Food Delivery Applications, Offline Food Delivery Services, Others
The competitive landscape:
The competitive landscape of the Fast Food market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Fast Food market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Fast Food Market drivers, restraint and opportunity analysis, to define Fast Food market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Fast Food market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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