At 4.6% CAGR, Global Fast Food Market Size & Share , Forecast & Analysis Report By ZMR
The global fast food market size was valued at $647.7 billion in 2021 and is likely to surpass $998 billion by the end of 2028 with a compound annual rate of 4.6% over the forecast years. The report facilitates in-depth insights on the key growth drivers, emerging trends, restraints, challenges, and opportunities in the global market. Furthermore, investor and stakeholder space is well elaborated in the repertoire.
However, due to the growing number of such consumers, manufacturers are combining healthy ingredients with fast-food meals to make them more attractive and healthy for consumers. The growing industrialization and urbanization, along with the rapid economic growth in the middle-class population, are likely to drive the growth of the global fast-food market. The adoption of aggressive marketing strategies by people like target marketing will further expand the scope of the market. The advent of e-commerce has scaled up the affordability, accessibility, and availability of fast food meals which is further expected to propel the demand over the forecast period. Also, manufacturers have come up with natural components, hormone-free meat, organic vegetables, and unprocessed cheese to retain their customers in the growing trend of healthy eating. However, such remarkable transformation in the global market is likely to pave the way for enormous growth opportunities in the forthcoming years, thereby expanding its growth indefinitely.
Browse the full “Fast Food Market By End-User (Quick-Service Restaurants And Fast-Casual Restaurants), By Product (Seafood, Latin American Food, Chicken, Sandwich, Pasta, And Pizza), And By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/fast-food-market
Fast Food Market: Competitive Landscape
Some of the significant players in the global fast-food market include
- Doctor's Associates, Inc.
- Inspire Brands, Inc.
- Yum Brands Inc.
- Restaurant Brands International, Inc.
- McDonald's
- Jack in the Box, Inc.
- Firehouse Restaurant Group, Inc.
- CKE Restaurants Holdings, Inc.
- Domino's Pizza, Inc.
- Auntie Anne's Franchisor SPV LLC.
Global fast-food market is segmented as follows:
By end-user
- Quick-service restaurants
- Fast-casual restaurants
By product
- Seafood
- Latin American food
- Chicken
- Sandwich
- Burger
- Pasta
- Pizza
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