The global fast-food market size is expected to reach USD 813.9 billion by 2028, registering a CAGR of 4.6% over the forecast period, according to a new report by the publisher. The rise in disposable income and rapid globalization of the food industry are the key factors driving the market growth. The increasing middle-class population coupled with the advent of online delivery apps and e-commerce websites is compelling companies operating in the market to expand their reach through introducing new food varieties and flavors.
The COVID-19 pandemic has severely impacted the food and restaurant industry. Decreased consumer spending and disruptions in the supply chain affected the industry to a large extent. In addition, the increased awareness about the consumption of healthy foods affected the market growth during the pandemic. However, the market is expected to regain its demand post-pandemic owing to a rise in the number of fast-food franchises and increasing demand for online food deliveries. Furthermore, the rise in the working population is supporting market growth.
On the basis of product, the market has been categorized into pizza/pasta, burgers/sandwiches, chicken, Asian/Latin American, seafood, and others. The burgers/sandwich product segment accounted for the highest share of the global revenue in 2020 due to the wide availability of burger varieties in the market. Some of the players operating in the global market are McDonald’s, Burger King, and KFC Corp.
The COVID-19 pandemic has severely impacted the food and restaurant industry. Decreased consumer spending and disruptions in the supply chain affected the industry to a large extent. In addition, the increased awareness about the consumption of healthy foods affected the market growth during the pandemic. However, the market is expected to regain its demand post-pandemic owing to a rise in the number of fast-food franchises and increasing demand for online food deliveries. Furthermore, the rise in the working population is supporting market growth.
On the basis of product, the market has been categorized into pizza/pasta, burgers/sandwiches, chicken, Asian/Latin American, seafood, and others. The burgers/sandwich product segment accounted for the highest share of the global revenue in 2020 due to the wide availability of burger varieties in the market. Some of the players operating in the global market are McDonald’s, Burger King, and KFC Corp.
Fast Food Market Report Highlights
- Based on end-user, the market is characterized into Quick Service Restaurants (QSRs), fast-casual restaurants, and others
- The QSRs end-user segment accounted for the largest revenue share of the global market in 2020 owing to the high demand for international cuisines
- In 2020, North America was the dominant regional market on account of the high disposable income levels and demand for innovative food flavors
- Asia Pacific, on the other hand, is anticipated to witness the fastest growth rate over the forecast period
- This growth can be credited to the factors, such as rapid urbanization and discretionary income coupled with favorable demographics, which drive the demand for fast foods
Table of Contents
Chapter 1 Methodology & Scope1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal database
1.3.3 Secondary Sources and Third-Party Perspectives
1.3.4 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.4.2 Market Formulation & Data Visualization
1.5 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Product Outlook
2.3 Distribution Channel Outlook
2.4 Regional Outlook
Chapter 3 Market Variables, Trends & Scope
3.1 Market Introduction
3.2 Impact of COVID-19 on Fast Market
3.3 Industry Value Chain Analysis
3.4 Market Dynamics
3.4.1 Driver Impact Analysis
3.4.1.1 Rise in number of fast food restaurants
3.4.1.2 Growing adoption of food delilvery apps
3.4.2 Restraint Impact Analysis
3.4.2.1 Increase in health awareness among consumers
3.4.2.2 Rising cases of obesity
3.4.3 Industry Challenges
3.4.4 Industry Opportunities
3.5 Business Environment Analysis
3.5.1 Industry Analysis: Porter’s Five Forces
3.6 Roadmap of Fast food market
3.7 Market Entry Strategies
3.8 Penetration & Growth Prospect Mapping
Chapter 4 Consumer Behavior Analysis
4.1 Consumer Trends & Preferences
4.2 Factors Affecting Buying Decision
4.3 Consumer Product Adoption
4.4 Observations & Recommendations
Chapter 5 Fast food Market: Product Analysis and Estimates
5.1 Product Analysis & Market Share, 2020 & 2028
5.2 Pizza/Pasta
5.2.1 Pizza/Pasta Market Estimates and Forecast, 2016 - 2028 (USD Billion)
5.3 Burgers/Sandwich
5.3.1 Burgers/Sandwich Market Estimates and Forecast, 2016 - 2028 (USD Billion)
5.4 Chicken
5.4.1 Chicken Market Estimates and Forecast, 2016 - 2028 (USD Billion)
5.5 Asian/Latin American
5.5.1 Asian/Latin American Market Estimates and Forecast, 2016 - 2028 (USD Billion)
5.6 Seafood
5.6.1 Seafood Market estimates and forecast, 2016 - 2028 (USD Billion)
5.7 Others
5.7.1 Others Market estimates and forecast, 2016 - 2028 (USD Billion)
Chapter 6 Fast Food Market: End-user Analysis and Estimates
6.1 End User Analysis & Market Share, 2020 & 2028
6.2 Quick Service Restaurants
6.2.1 Quick Service Restaurants Market Estimates and Forecast, 2016 - 2028 (USD Billion)
6.3 Fast Casual Restaurants
6.3.1 Fast Casual Restaurants Market Estimates and Forecast, 2016 - 2028 (USD Billion)
6.4 Others
6.4.1 Others Market Estimates and Forecast, 2016 - 2028 (USD Billion)
Chapter 7 Fast food Market: Regional Estimates & Trend Analysis
7.1 Regional Movement Analysis & Market Share, 2020 & 2028
7.2 North America
7.2.1 North America Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.2.2 North America Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.2.3 North America Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.2.4 U.S.
7.2.4.1 U.S. Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.2.4.2 U.S. Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.2.4.3 U.S. Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.2.5 Canada
7.2.5.1 Canada Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.2.5.2 Canada Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.2.5.3 Canada Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.2.6 Mexico
7.2.6.1 Mexico Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.2.6.2 Mexico Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.2.6.3 Mexico Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.3 Europe
7.3.1 Europe Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.3.2 Europe Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.3.3 Europe Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.3.4 U.K.
7.3.4.1 U.K. Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.3.4.2 U.K. Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.3.4.3 U.K. Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.3.5 Germany
7.3.5.1 Germany Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.3.5.2 Germany Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.3.5.3 Germany Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.3.6 France
7.3.6.1 France Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.3.6.2 France Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.3.6.3 France Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.4 Asia Pacific
7.4.1 Asia Pacific Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.4.2 Asia Pacific Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.4.3 Asia Pacific Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.4.4 China
7.4.4.1 China Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.4.4.2 China Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.4.4.3 China Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.4.5 India
7.4.5.1 India Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.4.5.2 India Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.4.5.3 India Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.5 Central and South America
7.5.1 Central and South America Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.5.2 Central and South America Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.5.3 Central and South America Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.5.4 Brazil
7.5.4.1 Brazil Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.5.4.2 Brazil Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.5.4.3 Brazil Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.6.2 Middle East & Africa Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.6.3 Middle East & Africa Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
7.6.4 South Africa
7.6.4.1 South Africa Fast Food Market Estimates and Forecast, 2016 - 2028 (USD Billion)
7.6.4.2 South Africa Fast Food Market Estimates and Forecast, by Product, 2016 - 2028 (USD Billion)
7.6.4.2 South Africa Fast Food Market Estimates and Forecast, by End User, 2016 - 2028 (USD Billion)
Chapter 8 Competitive & Vendor Landscape
8.1 Key Global Players, Recent Developments, & their Impact on the Industry
8.2 Key Company Categorization
8.3 Vendor Landscape
8.3.1 Key company market position analysis, 2020
Chapter 9 Company Profiles
9.1 Auntie Anne’s Inc.
9.1.1 Company Overview
9.1.2 Financial performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 Domino’s Pizza Inc.
9.2.1 Company Overview
9.2.2 Financial performance
9.2.3 Product Benchmarking
9.2.4 Strategic Initiatives
9.3 CKE Restaurants Holdings Inc.
9.3.1 Company Overview
9.3.2 Product Benchmarking
9.3.3 Strategic Initiatives
9.4 Firehouse Restaurant Group , Inc.
9.4.1 Company Overview
9.4.2 Product Benchmarking
9.5 Jack in the Box Inc.
9.5.1 Company Overview
9.5.2 Financial Perfomance
9.5.3 Product benchmarking
9.5.4 Strategic Initiatives
9.6 McDonalds’
9.6.1 Company Overview
9.6.2 Financial Perfomance
9.6.3 Product benchmarking
9.6.4 Strategic Initiatives
9.7 Restaurant Brands International Inc.
9.7.1 Company Overview
9.7.2 Financial performance
9.7.3 Product Benchmarking
9.7.4 Strategic Initiatives
9.8 Yum Brand
9.8.1 Company Overview
9.8.2 Financial Perfomance
9.8.3 Product Benchmarking
9.8.4 Strategic Initiatives
9.9 Inspire Brands Inc.
9.9.1 Company Overview
9.9.2 Financial Perfomance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 Doctor’s Associate Inc.
9.10.1 Company Overview
9.10.2 Financial Perfomance
9.10.3 Product Benchmarking
9.10.4 Strategic InitiativesList of Tables
Table 1 Global fast food market - Driving factor market analysis
Table 2 Global fast food market - Restraint factor market analysis
Table 3 Pizza/Pasta market estimates and forecast, 2016 - 2028 (USD Billion)
Table 4 Burgers/Sandwich market estimates and forecast, 2016 - 2028 (USD Billion)
Table 5 Chicken market estimates and forecast, 2016 - 2028 (USD Billion)
Table 6 Asian/Latin American market estimates and forecast, 2016 - 2028 (USD Billion)
Table 7 Seafood market estimates and forecast, 2016 - 2028 (USD Billion)
Table 8 Others market estimates and forecast, 2016 - 2028 (USD Billion)
Table 9 Quick Service Restaurants market estimates and forecast, 2016 - 2028 (USD Billion)
Table 10 Fast Casual Restaurants market estimates and forecast, 2016 - 2028 (USD Billion)
Table 11 Others market estimates and forecast, 2016 - 2028 (USD Billion)
Table 12 Other distribution channels market estimates and forecast, 2016 - 2028 (USD Billion)
Table 13 North America Fast Food Market estimates and forecast, 2016 - 2028 (USD Billion)
Table 14 North America Fast Food Market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 15 North America Fast Food Market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 16 U.S. Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 17 U.S. Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 18 U.S. Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 19 Canada Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 20 Canada Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 21 Canada Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 22 Mexico Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 23 Mexico Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 24 Mexico Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 25 Europe Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 26 Europe Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 27 Europe Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 28 U.K. Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 29 U.K. Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 30 U.K. Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 31 Germany Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 32 Germany Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 33 Germany Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 34 France Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 35 France Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 36 France Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 37 Asia Pacific Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 38 Asia Pacific Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 39 Asia Pacific Fast Food market estimates and forecasts by End User, 2016 - 2028 (USD Billion)
Table 40 China Fast Food market estimates and forecasts, 2016 - 2028 (USD Billion)
Table 41 China Fast Food market estimates and forecasts, by product, 2016 - 2028 (USD Billion)
Table 42 China Fast Food market estimates and forecasts, by End User, 2016 - 2028 (USD Billion)
Table 43 India Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 44 India Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 45 India Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 46 Central and South America Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 47 Central and South America Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 48 Central and South America Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 49 Brazil Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 50 Brazil Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 51 Brazil Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 52 Middle East & Africa Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 53 Middle East & Africa Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 54 Middle East & Africa Fast Food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 55 South Africa Fast Food market estimates and forecast, 2016 - 2028 (USD Billion)
Table 56 South Africa Fast Food market estimates and forecast, by product, 2016 - 2028 (USD Billion)
Table 57 South Africa Fast food market estimates and forecast, by End User, 2016 - 2028 (USD Billion)
Table 58 Company categorizationList of Figures
Figure. 1 Fast food Market segmentation
Figure. 2 Information procurement
Figure. 3 Primary research pattern
Figure. 4 Primary research approaches
Figure. 5 Primary research process
Figure. 6 Global fast food market- Product penetration & growth prospect mapping
Figure. 7 Global fast food market- Value chain analysis
Figure. 8 Global fast food market- Profit margin analysis
Figure. 9 Fast food market: Porter’s Five Forces analysis
Figure. 10 Roadmap of global fast food market
Figure. 11 Fast food Market: Product share (%) analysis, 2020 & 2028
Figure. 12 Fast food Market: End User share (%) analysis, 2020 & 2028
Figure. 13 Fast food Market: Regional share (%) analysis, 2020 & 2028
Figure. 14 Fast food market: Estimated company market position analysis, 2020
Companies Mentioned
- Auntie Anne’s Inc.
- Domino’s Pizza Inc.
- CKE Restaurants Holdings Inc.
- Firehouse Restaurant Group , Inc.
- Jack in the Box Inc.
- McDonalds’
- Restaurant Brands International Inc.
- Yum Brand
- Inspire Brands Inc.
- Doctor’s Associate Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | November 2021 |
| Forecast Period | 2020 - 2028 |
| Estimated Market Value ( USD | $ 529.5 billion |
| Forecasted Market Value ( USD | $ 813.9 billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
