Fast Food Market Size Is Expected To Reach USD 813.9 Billion By 2028Posted by rahul nikade on December 15th, 2022 Fast Food Industry Overview 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 Grand View Research, Inc. 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. Fast Food Market Segmentation Grand View Research has segmented the global fast-food market based on product, end-user, and region: Based on the Product Insights, the market is segmented into Pizza/Pasta, Burgers/Sandwich, Chicken, Asian/Latin American, Seafood, Others.
Based on the End-user Insights, the market is segmented into Quick Service Restaurants (QSRs), Fast Casual Restaurants, Others.
Fast Food Regional Outlook
Key Companies Profile & Market Share Insights The market has a strong presence of global players, such as McDonald’s, Burger King, and Domino’s Pizza. The key players in the market have strong distribution networks worldwide. Companies in the market are improving their menus and services to cater to the changing consumer preferences. Some prominent players in the global fast food market include
Order a free sample PDF of the Fast Food Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |