Quick Service Restaurant Market 2022

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030

Quick Service Restaurant Market by Product Type (Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, Seafood), by Distribution Channel (Online Sale, Retail Sale), by Region (North America, South America, Europe, Asia Pacific, Middle East & Africa) – Global Share and Forecast to 2030

Region: Global | Format: Word, PPT, Excel | Report Status: Ongoing

The quick service restaurant market size is expected to grow at a CAGR of 16.8% from 2023 to 2030.

 Due to rapidly increasing disposable income in the highly populated country, the quick service restaurant market is increasing and is expected to grow further in upcoming years. Further, the busy lifestyle and dependency on quick and easy food services have attracted a huge customer base, augmenting the market’s growth. Quick service restaurants are a specific type of restaurant that serves fast food cuisine and generally do not offer table service. Many restaurants don’t provide any table or seats but collect the order and deliver it through a single counter. There are four types of quick-service restaurant market: sit-down restaurants, buffet-style eateries, takeaways, and 'fast-food' dining. Some of the key elements supporting the fast food and quick-service restaurants market are convenience, good flavor, and economy in terms of both time and money.

Global Quick Service Restaurant Market Dynamics

The growing home delivery order facility is the major factor driving the market’s growth. The reason is that after the pandemic, most people avoid physical contact in crowded places. The food industry is testing and trying options of various e-commerce models for ordering, speed, and efficiency. Also, so many quick-service restaurants provide more convenient and easy online ordering. Using this online order facility, people place their orders and enjoy their favorite food with all comfort at home.

Scope of the Global Quick Service Restaurant Market

The study categorizes the quick service restaurant based on product type and distribution channel at the regional and global levels.

By Product Type Outlook

  • Pizza/Pasta
  • Burger/Sandwich
  • Chicken
  • Asian/Latin American Food
  • Seafood
  • Others

 By Distribution Channel Outlook

  • Online Sale
  • Retail Sale
  • Others

By Region Outlook

  • North America (US, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

Asia Pacific accounts for the highest CAGR during the forecast period

Based on the regions, the global clean beauty market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Asia Pacific is estimated to hold the highest CAGR in the global clean beauty market during the forecast period. The region includes the countries such as China, India, Japan, South Korea, Australia, Southeast Asia, and the Rest of Asia-Pacific. Strong economic growth in domestic emerging countries such as China, Indonesia, Malaysia, and India is driving the region's expansion.

Due to rapidly increasing disposable income in highly populated countries such as China and India, the growth rate of the quick-service restaurant market is increasing and is expected to grow further in upcoming years. People have different choices, preferences, and priorities when it comes to the taste and uniqueness of food for themselves, for which they spend more which was an important reason to increase the market growth of any country or a region.

Competitive Landscape -Global Quick Service Restaurant Market

The quick service restaurant market is mildly concentrated in nature, with few numbers of global players operating in the market, such as:

  • McDonald's
  • Starbucks
  • Subway
  • Wendy's
  • Burger King
  • Taco Bell
  • Dunkin' Donuts
  • Chick-fil-A
  • Pizza Hut
  • Domino's
  • KFC
  • Others

Key Issues Addressed

  • What is the market size by various segmentation of the quick service restaurant market by region and its respective countries?
  • What are the customer buying behavior, key takeaways, and Porter's 5 forces of the quick service restaurant market?
  • What are the key opportunities and trends for manufacturers involved in the quick service restaurant market chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of quick-service restaurants in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 247

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