Fast Food Market to Witness Increase in Revenues By Forecast 2021- 2031

Posted by Aparna P on September 1st, 2022

The latest corporate intelligence studies report that the global fast food market is anticipated to grow commendably over the forecast years, registering a stable growth rate of 4.6 % over the forecast years i.e. 2021 to 2030.
 
The global fast food market was valued at US$ 647.7 billion in the base year of the study i.e. 2019.
 
The research report also specifies that the global fast food market will expand and hit the evaluation mark of US$ 931.7 billion by the end of the forecast period i.e. in 2027.
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Changing lifestyle is leaving little time for proper homely meals and thereby augmenting the demand in the market for fast food, which are significantly quicker in terms preparation and consequently to deliver. Not only that, consumer preference for online food ordering owing to the ubiquity of smartphones has also escalated exponential in past decade.
 
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Aparna P

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Aparna P
Joined: May 13th, 2021
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