Fast Food Market Report 2023: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast till 2028

The latest report by IMARC Group, titled “Fast Food Market Report 2023: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast till 2028“. The global fast food market size reached US$ 821 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,140 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

Fast food is a segment of the global food industry that caters to consumers seeking convenient, quick, and readily available meals. Typically characterized by its swift service, limited menu options, and standardized preparation methods, fast food has become a ubiquitous presence in the global culinary landscape. These establishments specialize in a range of dishes, often centered around staples like burgers, fries, fried chicken, pizzas, and sandwiches. Since it provides customers with a rapid dining experience, fast food has gained immense traction as an appealing choice for individuals on the go, busy professionals, and families seeking a quick and hassle-free meal solution.

Request Your Sample Report Now: https://www.imarcgroup.com/fast-food-market/requestsample

Fast Food Market Trends and Drivers:

The global fast-food market is primarily driven by the fast-paced lifestyles of modern consumers and the escalating demand for quick and easily accessible food options. This convenience-driven approach resonates with a significant portion of the population, making fast food chains a preferred choice for dining. Additionally, the rapid expansion of international fast-food brands into new markets, especially emerging economies, contributes to market growth. These global chains often adapt their menus to suit local tastes while maintaining the core elements that define fast food. Furthermore, there is a growing emphasis on healthier fast food options as consumers are seeking alternatives that are lower in calories, saturated fats, and sugars. Fast food chains have responded to this demand by introducing healthier menu choices, incorporating fresh ingredients, and providing nutritional information to meet the evolving preferences of health-conscious customers. Moreover, technological advancements, such as mobile ordering and delivery services, have further streamlined accessibility to fast food, catering to the digital-savvy consumer base, thus propelling market growth.

Report Segmentation:

The report has segmented the market into the following categories:

• • Breakup by Product Type:
    • Pizza/Pasta
    • Burger/Sandwich
    • Chicken
    • Asian/Latin American Food
    • Seafood
    • Others

Breakup by End User:

• • • Food-Service Restaurants
    • Quick Service Restaurants
    • Caterings
    • Others

Market Breakup by Region:

• • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

• • Auntie Anne’s (Focus Brands LLC)
  • Chipotle Mexican Grill Inc.
  • CKE Restaurants Holdings Inc.
  • Domino’s
  • Jack in the Box
  • Little Caesar Enterprises Inc.
  • McDonald’s
  • Papa John’s International Inc.
  • Restaurant Brands International Inc.
  • Subway
  • The Wendy’s Company
  • Yum! Brands Inc.

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=6361&flag=C

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal