Fast Food Market size was valued at US$ 712.72 Bn in 2021 and the total revenue is expected to grow at 4.9 % through 2022 to 2029, reaching nearly US$ 1045.02 Bn.Global Fast Food Market Overview:
Fast food can be defined as a substitute to home-made meals which can be prepared quickly, easily accessible, and served. Although this food has not as much of nutrition value as compared to other food products and dishes. Typically, fast food is sold in a restaurant or store with precooked or preheated ingredients, and served to the customer in a wrapped form for take away or drive through. These foods are high in sodium, sugar, and fat, which may cause health-related problems, and obesity.To know about the Research Methodology :- Request Free Sample Report
Global Fast Food Market Dynamics:
Fast food is considered as empty calorie food which defines food with bulk of calories and no or rarer micronutrients. This rise in concern resulted in people switching from fast food to fast casual food. According to WHO, around 40% of the world population were overweight and 15% of the population was suffering from obesity, in 2021. Hectic lifestyle of consumers and rising corporate culture have increased the acceptance of fast food globally. Faster banization and globalisation are leading to an increase in the number of restaurants and hotels, which is likely to support the fast food industry's growth. Additionally, increased consumer health awareness and acceptance of healthy and delicious cuisine are fueling market expansion. Fast food has emerged as a significant source of worry. The majority of fast foods available today are healthy, and when combined with the correct ratios and amounts of other nutrients, they can aid in weight loss. During the last decade, as recent product kinds have entered the food sector, there has been an increase in supply for fast food. Furthermore, the adoption of these items by a variety of end users, including full-service restaurants, hotel chains, and fast and easy restaurants, is likely to propel the market forward. However, rising food safety and wildlife protection laws are expected to be significant major challenges for this sector. Additionally, consumer health awareness, particularly obesity, is estimated to be a constraint to market growth.Global Fast Food Market Segment Analysis:
The global Fast Food Market is segmented by Product Type and Distribution Channel. Based on Product Type, the global Fast Food market is segmented into Burger/Sandwich, Chicken, Pizza/Pasta, Sea-Food, Asian/Latin American Food, and Others. The Asian/Latin American Food segment is expected to grow at a higher CAGR of 3.4% in the global Fast Food market during the forecast period. Asian/Latin American food has become one of the most leading fast food alternatives across customers, thanks to an increase in utilisation among youths and a surge in demand for completely prepared items. Based on Distribution Channel, the global Fast Food market is segmented into Quick Service Restaurant (QSR), Street Vendors, Home delivery and Others. The Quick Service Restaurant segment held the largest market share of 43% in 2021. Customers prefer fast fastfood restaurants to sit-down restaurants. The demand for fast food businesses is increasing as people seek for fresh, flavorful, and appealing meals at a reasonable price. Also, preserving the taste of healthy and decent products helps to increase the market.Global Fast Food Market Regional Insights:
North America dominates the global Fast Food market during the forecast period 2021-2029. North America is expected to grow at a highest CAGR of 3.5% in the global fast food market during the forecast period. North America is leading the fast food market followed by Europe. In North America, the U.S. is leading the market due to the occurrence of major key players in the region coupled with a high inclination of working population towards fast foods. Asia Pacific also held the largest market share of 60% in 2021. Emerging markets such as China and India are showing huge opportunity for the fast food market in the coming years. Changing lifestyle and adoption of western cultures among the population of these regions is mainly driving the growth of the market. The objective of the report is to present a comprehensive analysis of the global Fast Food Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Fast Food Market dynamic, structure by analyzing the market segments and project the global Fast Food Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Fast Food Market make the report investor’s guide.Global Fast Food Market Scope: Inquire before buying
Global Fast Food Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 712.72 Bn. Forecast Period 2022 to 2029 CAGR: 4.9% Market Size in 2029: US $ 1045.02 Bn. Segments Covered: by Product • Pizza/Pasta • Burger/Sandwich • Chicken • Asian/Latin American Food • Sea-Food • Others by Distribution Channel • Quick Service Restaurant (QSR) • Street Vendors • Home delivery • Others Global Fast Food Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaGlobal Fast Food Market Key Players
• McDonald’s • Hardee’s • Pizza Hut • Domino’s Pizza • Burger King • KFC • Subway • Firehouse Subs • Auntie Anne’s • Wendy’s International • Yum! Brands • Jack in the Box Inc. • Dunkin Brands • Dairy Queen • Papa John’s Pizza • Auntie Anne's INC • Cinnabon Franchisor SPV LLC • Restaurant Brands International IncFrequently Asked Questions:
1] What segments are covered in Fast Food Market report? Ans. The segments covered in Fast Food Market report are based on Product Type and Distribution Channel. 2] Which region is expected to hold the highest share in the global Fast Food Market? Ans. North America is expected to hold the highest share in the global Fast Food Market. 3] What is the market size of global Fast Food Market by 2029? Ans. The market size of global Fast Food Market by 2029 is US $ 1045.02 Bn. 4] Who are the top key players in the global Fast Food Market? Ans. McDonald’s, Hardee’s, Pizza Hut, Domino’s Pizza, Burger King, and KFC are the top key players in the global Fast Food Market. 5] What was the market size of global Fast Food Market in 2021? Ans. The market size of global Fast Food Market in 2021 was US $ 712.72 Bn.
Global Fast Food Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Fast Food Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Global Fast Food Market Industry Trends 4.8.Global Fast Food Market Competitive Landscape 5. Supply Side and Demand Side Indicators 6. Global Fast Food Market Analysis and Forecast 6.1. Global Fast Food Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Fast Food Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Fast Food Market Value Share Analysis, by Product Type 7.4. Global Fast Food Market Size (US$ Bn) Forecast, by Product Type 7.5. Global Fast Food Market Analysis, by Product Type 7.6. Global Fast Food Market Attractiveness Analysis, by Product Type 8. Global Fast Food Market Analysis and Forecast, by Distribution Channel 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Fast Food Market Value Share Analysis, by Distribution Channel 8.4. Global Fast Food Market Size (US$ Bn) Forecast, by Distribution Channel 8.5. Global Fast Food Market Analysis, by Distribution Channel 8.6. Global Fast Food Market Attractiveness Analysis, by Distribution Channel 9. Global Fast Food Market Analysis, by Region 9.1. Global Fast Food Market Value Share Analysis, by Region 9.2. Global Fast Food Market Size (US$ Bn) Forecast, by Region 9.3. Global Fast Food Market Attractiveness Analysis, by Region 10. North America Fast Food Market Analysis 10.1. Key Findings 10.2. North America Fast Food Market Overview 10.3. North America Fast Food Market Value Share Analysis, by Product Type 10.4. North America Fast Food Market Forecast, by Product Type 10.4.1. Pizza/Pasta 10.4.2. Burger/Sandwich 10.4.3. Chicken 10.4.4. Asian/Latin American Food 10.4.5. Sea-Food 10.4.6. Others 10.5. North America Fast Food Market Value Share Analysis, by Distribution Channel 10.6. North America Fast Food Market Forecast, by Distribution Channel 10.6.1. Quick Service Restaurant (QSR) 10.6.2. Street Vendors 10.6.3. Home delivery 10.6.4. Others 10.7. North America Fast Food Market Value Share Analysis, by Country 10.8. North America Fast Food Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Fast Food Market Analysis, by Country 10.10. U.S. Fast Food Market Forecast, by Product Type 10.10.1. Pizza/Pasta 10.10.2. Burger/Sandwich 10.10.3. Chicken 10.10.4. Asian/Latin American Food 10.10.5. Sea-Food 10.10.6. Others 10.11. U.S. Fast Food Market Forecast, by Distribution Channel 10.11.1. Quick Service Restaurant (QSR) 10.11.2. Street Vendors 10.11.3. Home delivery 10.11.4. Others 10.12. Canada Fast Food Market Forecast, by Product Type 10.12.1. Pizza/Pasta 10.12.2. Burger/Sandwich 10.12.3. Chicken 10.12.4. Asian/Latin American Food 10.12.5. Sea-Food 10.12.6. Others 10.13. Canada Fast Food Market Forecast, by Distribution Channel 10.13.1. Quick Service Restaurant (QSR) 10.13.2. Street Vendors 10.13.3. Home delivery 10.13.4. Others 10.14. North America Fast Food Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By Distribution Channel 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Fast Food Market Analysis 11.1. Key Findings 11.2. Europe Fast Food Market Overview 11.3. Europe Fast Food Market Value Share Analysis, by Product Type 11.4. Europe Fast Food Market Forecast, by Product Type 11.4.1. Pizza/Pasta 11.4.2. Burger/Sandwich 11.4.3. Chicken 11.4.4. Asian/Latin American Food 11.4.5. Sea-Food 11.4.6. Others 11.5. Europe Fast Food Market Value Share Analysis, by Distribution Channel 11.6. Europe Fast Food Market Forecast, by Distribution Channel 11.6.1. Quick Service Restaurant (QSR) 11.6.2. Street Vendors 11.6.3. Home delivery 11.6.4. Others 11.7. Europe Fast Food Market Value Share Analysis, by Country 11.8. Europe Fast Food Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Fast Food Market Analysis, by Country 11.10. Germany Fast Food Market Forecast, by Product Type 11.10.1. Pizza/Pasta 11.10.2. Burger/Sandwich 11.10.3. Chicken 11.10.4. Asian/Latin American Food 11.10.5. Sea-Food 11.10.6. Others 11.11. Germany Fast Food Market Forecast, by Distribution Channel 11.11.1. Quick Service Restaurant (QSR) 11.11.2. Street Vendors 11.11.3. Home delivery 11.11.4. Others 11.12. U.K. Fast Food Market Forecast, by Product Type 11.12.1. Pizza/Pasta 11.12.2. Burger/Sandwich 11.12.3. Chicken 11.12.4. Asian/Latin American Food 11.12.5. Sea-Food 11.12.6. Others 11.13. U.K. Fast Food Market Forecast, by Distribution Channel 11.13.1. Quick Service Restaurant (QSR) 11.13.2. Street Vendors 11.13.3. Home delivery 11.13.4. Others 11.14. France Fast Food Market Forecast, by Product Type 11.14.1. Pizza/Pasta 11.14.2. Burger/Sandwich 11.14.3. Chicken 11.14.4. Asian/Latin American Food 11.14.5. Sea-Food 11.14.6. Others 11.15. France Fast Food Market Forecast, by Distribution Channel 11.15.1. Quick Service Restaurant (QSR) 11.15.2. Street Vendors 11.15.3. Home delivery 11.15.4. Others 11.16. Italy Fast Food Market Forecast, by Product Type 11.16.1. Pizza/Pasta 11.16.2. Burger/Sandwich 11.16.3. Chicken 11.16.4. Asian/Latin American Food 11.16.5. Sea-Food 11.16.6. Others 11.17. Italy Fast Food Market Forecast, by Distribution Channel 11.17.1. Quick Service Restaurant (QSR) 11.17.2. Street Vendors 11.17.3. Home delivery 11.17.4. Others 11.18. Spain Fast Food Market Forecast, by Product Type 11.18.1. Pizza/Pasta 11.18.2. Burger/Sandwich 11.18.3. Chicken 11.18.4. Asian/Latin American Food 11.18.5. Sea-Food 11.18.6. Others 11.19. Spain Fast Food Market Forecast, by Distribution Channel 11.19.1. Quick Service Restaurant (QSR) 11.19.2. Street Vendors 11.19.3. Home delivery 11.19.4. Others 11.20. Rest of Europe Fast Food Market Forecast, by Product Type 11.20.1. Pizza/Pasta 11.20.2. Burger/Sandwich 11.20.3. Chicken 11.20.4. Asian/Latin American Food 11.20.5. Sea-Food 11.20.6. Others 11.21. Rest of Europe Fast Food Market Forecast, by Distribution Channel 11.21.1. Quick Service Restaurant (QSR) 11.21.2. Street Vendors 11.21.3. Home delivery 11.21.4. Others 11.22. Europe Fast Food Market Attractiveness Analysis 11.22.1. By Product Type 11.22.2. By Distribution Channel 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Fast Food Market Analysis 12.1. Key Findings 12.2. Asia Pacific Fast Food Market Overview 12.3. Asia Pacific Fast Food Market Value Share Analysis, by Product Type 12.4. Asia Pacific Fast Food Market Forecast, by Product Type 12.4.1. Pizza/Pasta 12.4.2. Burger/Sandwich 12.4.3. Chicken 12.4.4. Asian/Latin American Food 12.4.5. Sea-Food 12.4.6. Others 12.5. Asia Pacific Fast Food Market Value Share Analysis, by Distribution Channel 12.6. Asia Pacific Fast Food Market Forecast, by Distribution Channel 12.6.1. Quick Service Restaurant (QSR) 12.6.2. Street Vendors 12.6.3. Home delivery 12.6.4. Others 12.7. Asia Pacific Fast Food Market Value Share Analysis, by Country 12.8. Asia Pacific Fast Food Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Fast Food Market Analysis, by Country 12.10. China Fast Food Market Forecast, by Product Type 12.10.1. Pizza/Pasta 12.10.2. Burger/Sandwich 12.10.3. Chicken 12.10.4. Asian/Latin American Food 12.10.5. Sea-Food 12.10.6. Others 12.11. China Fast Food Market Forecast, by Distribution Channel 12.11.1. Quick Service Restaurant (QSR) 12.11.2. Street Vendors 12.11.3. Home delivery 12.11.4. Others 12.12. India Fast Food Market Forecast, by Product Type 12.12.1. Pizza/Pasta 12.12.2. Burger/Sandwich 12.12.3. Chicken 12.12.4. Asian/Latin American Food 12.12.5. Sea-Food 12.12.6. Others 12.13. India Fast Food Market Forecast, by Distribution Channel 12.13.1. Quick Service Restaurant (QSR) 12.13.2. Street Vendors 12.13.3. Home delivery 12.13.4. Others 12.14. Japan Fast Food Market Forecast, by Product Type 12.14.1. Pizza/Pasta 12.14.2. Burger/Sandwich 12.14.3. Chicken 12.14.4. Asian/Latin American Food 12.14.5. Sea-Food 12.14.6. Others 12.15. Japan Fast Food Market Forecast, by Distribution Channel 12.15.1. Quick Service Restaurant (QSR) 12.15.2. Street Vendors 12.15.3. Home delivery 12.15.4. Others 12.16. ASEAN Fast Food Market Forecast, by Product Type 12.16.1. Pizza/Pasta 12.16.2. Burger/Sandwich 12.16.3. Chicken 12.16.4. Asian/Latin American Food 12.16.5. Sea-Food 12.16.6. Others 12.17. ASEAN Fast Food Market Forecast, by Distribution Channel 12.17.1. Quick Service Restaurant (QSR) 12.17.2. Street Vendors 12.17.3. Home delivery 12.17.4. Others 12.18. Rest of Asia Pacific Fast Food Market Forecast, by Product Type 12.18.1. Pizza/Pasta 12.18.2. Burger/Sandwich 12.18.3. Chicken 12.18.4. Asian/Latin American Food 12.18.5. Sea-Food 12.18.6. Others 12.19. Rest of Asia Pacific Fast Food Market Forecast, by Distribution Channel 12.19.1. Quick Service Restaurant (QSR) 12.19.2. Street Vendors 12.19.3. Home delivery 12.19.4. Others 12.20. Asia Pacific Fast Food Market Attractiveness Analysis 12.20.1. By Product Type 12.20.2. By Distribution Channel 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Fast Food Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Fast Food Market Overview 13.3. Middle East & Africa Fast Food Market Value Share Analysis, by Product Type 13.4. Middle East & Africa Fast Food Market Forecast, by Product Type 13.4.1. Pizza/Pasta 13.4.2. Burger/Sandwich 13.4.3. Chicken 13.4.4. Asian/Latin American Food 13.4.5. Sea-Food 13.4.6. Others 13.5. Middle East & Africa Fast Food Market Value Share Analysis, by Distribution Channel 13.6. Middle East & Africa Fast Food Market Forecast, by Distribution Channel 13.6.1. Quick Service Restaurant (QSR) 13.6.2. Street Vendors 13.6.3. Home delivery 13.6.4. Others 13.7. Middle East & Africa Fast Food Market Value Share Analysis, by Country 13.8. Middle East & Africa Fast Food Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Fast Food Market Analysis, by Country 13.10. GCC Fast Food Market Forecast, by Product Type 13.10.1. Pizza/Pasta 13.10.2. Burger/Sandwich 13.10.3. Chicken 13.10.4. Asian/Latin American Food 13.10.5. Sea-Food 13.10.6. Others 13.11. GCC Fast Food Market Forecast, by Distribution Channel 13.11.1. Quick Service Restaurant (QSR) 13.11.2. Street Vendors 13.11.3. Home delivery 13.11.4. Others 13.12. South Africa Fast Food Market Forecast, by Product Type 13.12.1. Pizza/Pasta 13.12.2. Burger/Sandwich 13.12.3. Chicken 13.12.4. Asian/Latin American Food 13.12.5. Sea-Food 13.12.6. Others 13.13. South Africa Fast Food Market Forecast, by Distribution Channel 13.13.1. Quick Service Restaurant (QSR) 13.13.2. Street Vendors 13.13.3. Home delivery 13.13.4. Others 13.14. Rest of Middle East & Africa Fast Food Market Forecast, by Product Type 13.14.1. Pizza/Pasta 13.14.2. Burger/Sandwich 13.14.3. Chicken 13.14.4. Asian/Latin American Food 13.14.5. Sea-Food 13.14.6. Others 13.15. Rest of Middle East & Africa Fast Food Market Forecast, by Distribution Channel 13.15.1. Quick Service Restaurant (QSR) 13.15.2. Street Vendors 13.15.3. Home delivery 13.15.4. Others 13.16. Middle East & Africa Fast Food Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By Distribution Channel 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Fast Food Market Analysis 14.1. Key Findings 14.2. South America Fast Food Market Overview 14.3. South America Fast Food Market Value Share Analysis, by Product Type 14.4. South America Fast Food Market Forecast, by Product Type 14.4.1. Pizza/Pasta 14.4.2. Burger/Sandwich 14.4.3. Chicken 14.4.4. Asian/Latin American Food 14.4.5. Sea-Food 14.4.6. Others 14.5. South America Fast Food Market Value Share Analysis, by Distribution Channel 14.6. South America Fast Food Market Forecast, by Distribution Channel 14.6.1. Quick Service Restaurant (QSR) 14.6.2. Street Vendors 14.6.3. Home delivery 14.6.4. Others 14.7. South America Fast Food Market Value Share Analysis, by Country 14.8. South America Fast Food Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Fast Food Market Analysis, by Country 14.10. Brazil Fast Food Market Forecast, by Product Type 14.10.1. Pizza/Pasta 14.10.2. Burger/Sandwich 14.10.3. Chicken 14.10.4. Asian/Latin American Food 14.10.5. Sea-Food 14.10.6. Others 14.11. Brazil Fast Food Market Forecast, by Distribution Channel 14.11.1. Quick Service Restaurant (QSR) 14.11.2. Street Vendors 14.11.3. Home delivery 14.11.4. Others 14.12. Mexico Fast Food Market Forecast, by Product Type 14.12.1. Pizza/Pasta 14.12.2. Burger/Sandwich 14.12.3. Chicken 14.12.4. Asian/Latin American Food 14.12.5. Sea-Food 14.12.6. Others 14.13. Mexico Fast Food Market Forecast, by Distribution Channel 14.13.1. Quick Service Restaurant (QSR) 14.13.2. Street Vendors 14.13.3. Home delivery 14.13.4. Others 14.14. Rest of South America Fast Food Market Forecast, by Product Type 14.14.1. Pizza/Pasta 14.14.2. Burger/Sandwich 14.14.3. Chicken 14.14.4. Asian/Latin American Food 14.14.5. Sea-Food 14.14.6. Others 14.15. Rest of South America Fast Food Market Forecast, by Distribution Channel 14.15.1. Quick Service Restaurant (QSR) 14.15.2. Street Vendors 14.15.3. Home delivery 14.15.4. Others 14.16. South America Fast Food Market Attractiveness Analysis 14.16.1. By Product Type 14.16.2. By Distribution Channel 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. McDonald’s 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Hardee’s 15.3.3. Pizza Hut 15.3.4. Domino’s Pizza 15.3.5. Burger King 15.3.6. KFC 15.3.7. Subway 15.3.8. Firehouse Subs 15.3.9. Auntie Anne’s 15.3.10. Wendy’s International 15.3.11. Yum! Brands 15.3.12. Jack in the Box Inc. 15.3.13. Dunkin Brands 15.3.14. Dairy Queen 15.3.15. Papa John’s Pizza 16. Primary Key Insights