The Fast Food And Quick Service Restaurant Global Market Report 2023, provides comprehensive information on the fast food and quick service restaurant market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Fast Food And Quick Service Restaurant Market’s Growth:
As per The Business Research Company’s Fast Food And Quick Service Restaurant Global Market Report 2023, the market size is expected to grow from $273.20 billion in 2022 to $292.78 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fast food and quick service restaurant market size is expected to reach $371.47 billion in 2027 at a CAGR of 6.1%.
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Technological advancements are a key trend gaining popularity in the fast-food and quick-service restaurant market. Major companies operating in the fast food and quick service restaurant market are focused on developing new solutions to strengthen their position in the market. For instance, in April 2022, Toast, a US-Cloud based company launched Quick Service, which is completely customizable and is designed specifically to help quick-service restaurants. The quick service for restaurants is built for casual, counter-service restaurants based on their unique needs, helping them run more efficient and profitable businesses. These quick serves can improve revenue and provide a better guest experience.
The fast food and quick service restaurant market is segmented:
1) By Type: Chain, Independent
2) By Product Type: Burger And Sandwiches, Pizzas And Pastas, Drinks And Desserts, Chicken And Seafood, Other Product Types
3) By Service: Eat-In, Takeaway, Drive-Through, Home Delivery
4) By Cuisine: American, Chinese, Italian, Mexican, Japanese, Turkish And Lebanese, Other Cuisines
North America was the largest region in the fast food and quick service restaurant market in 2022.
The table of contents in TBRC’s fast food and quick service restaurant market report includes:
1. Executive Summary
2. Fast Food and Quick Service Restaurant Market Characteristics
3. Fast Food and Quick Service Restaurant Market Trends And Strategies
4. Fast Food and Quick Service Restaurant Market – Macro Economic Scenario
5. Fast Food and Quick Service Restaurant Market Size And Growth
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26. Africa Fast Food and Quick Service Restaurant Market
27. Fast Food and Quick Service Restaurant Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fast Food and Quick Service Restaurant Market
29. Fast Food and Quick Service Restaurant Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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