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Quick-service Restaurants Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Quick-service Restaurants Market
1. The global quickservice restaurants market is expected to grow at a CAGR of 5.6% during the forecast period (2019-2024).
The quickservice restaurants industry is growing at a rapid pace globally. The market is expected to grow at a CAGR of 56% during the forecast period 2019-2024. This growth is driven by the increasing demand for convenience foods, the changing lifestyle of consumers, and the growing number of working women.

The quickservice restaurants market is highly competitive and is dominated by a few major players. The key players in the market are McDonald’s, Burger King, Wendy’s, KFC, and Taco Bell. These players are constantly innovating and introducing new products to cater to the changing needs of consumers.

The quickservice restaurants market is segmented by type, product type, channels, and geography. By type, the market is further segmented into fast food, casual dining, and drive-thru. By product type, the market is further segmented into burgers, pizzas, fried chicken, sandwiches, and others. By channels, the market is further segmented into standalone restaurants, chain restaurants, and food courts/kiosks.

Geographically, the quickservice restaurants market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is the largest market for quickservice restaurants, followed by Europe and Asia-Pacific. The growth in Asia-Pacific is driven by the growing economy and the increasing demand for convenience foods.

The key players in the quickservice restaurants market are McDonald’s, Burger King, Wendy’s, KFC, Taco Bell, Subway, Domino’s Pizza, Pizza Hut, Dunkin’ Donuts, and Sonic Drive-In.

McDonald’s is the leading player in the quickservice restaurants market with a market share of 22%. The company has a strong global presence with more than 38,000 restaurants in more than 100 countries. The company offers a wide range of products such as burgers, sandwiches, salads, wraps, breakfast items, and desserts.

Burger King is the second-largest player in the quickservice restaurants market with a market

2. The report provides an in-depth analysis of the quickservice restaurants market, with current trends and future estimations to elucidate the imminent investment pockets.
The quickservice restaurants market is growing at a rapid pace due to the changing lifestyles of consumers and the rise in disposable incomes. The market is highly competitive with the presence of a large number of players. The key players in the market are McDonald’s Corporation, Yum! Brands, Inc., Subway, Burger King Worldwide, Inc., Wendy’s International, Inc., and Dunkin’ Brands Group, Inc.

The report provides an indepth analysis of the quickservice restaurants market with current trends and future estimations to elucidate the imminent investment pockets.

The quickservice restaurants market is classified on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Among these, North America is the leading market due to the presence of a large number of quick service restaurant chains in the region. The Asia Pacific quickservice restaurants market is expected to grow at the highest CAGR during the forecast period due to the rise in disposable incomes and changing lifestyles of consumers in the region.

The report provides an extensive competitive landscape of the quickservice restaurants market. The key players in the market are profiled in the report with their respective market share analysis.

The report provides a detailed overview of the quickservice restaurants market with respect to market segmentation by product, geography, and player. The quickservice restaurants market is segmented on the basis of product into burgers, pizzas, sandwiches, chicken, and others. The market is segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. The market is segmented on the basis of player into McDonald’s Corporation, Yum! Brands, Inc., Subway, Burger King Worldwide, Inc., Wendy’s International, Inc., and Dunkin’ Brands Group, Inc.

The report provides an indepth analysis of the quickservice restaurants market with current trends and future estimations to elucidate the imminent investment pockets.

The report includes a detailed value chain analysis, which provides a comprehensive view of the quickservice restaurants market. The Porter’s Five Forces analysis of the quickservice restaurants market

3. An up-to-date analysis of the key players operating in the quickservice restaurants market is provided to understand the competitive scenario.
The quickservice restaurants (QSR) market is one of the most competitive and rapidly growing segments in the foodservice industry. In order to succeed in this market, it is essential for players to offer a differentiated product offering and an innovative customer experience.

The key players in the QSR market are McDonald’s, Burger King, Wendy’s, Taco Bell, KFC, and Subway. These players have a strong presence in the US market and are well-positioned to capitalize on the growing demand for QSRs globally.

McDonald’s is the largest player in the QSR market with a market share of over 40%. The company has a strong brand presence and an extensive global reach. McDonald’s has been successful in attracting customers with its value-for-money product offerings and efficient operations.

Burger King is the second-largest player in the QSR market with a market share of around 15%. The company has a strong presence in the US and Europe and is expanding its operations in Asia and Latin America. Burger King is focusing on improving its product offerings and customer experience to drive growth.

Wendy’s is the third-largest player in the QSR market with a market share of around 10%. The company has a strong presence in the US and Canada and is expanding its operations in Asia. Wendy’s is focusing on innovating its product offerings and enhancing its customer experience to drive growth.

Taco Bell is the fourth-largest player in the QSR market with a market share of around 5%. The company has a strong presence in the US and is expanding its operations in Asia and Latin America. Taco Bell is focusing on innovating its product offerings and enhancing its customer experience to drive growth.

KFC is the fifth-largest player in the QSR market with a market share of around 4%. The company has a strong presence in the US and China and is expanding its operations in Asia. KFC is focusing on innovating its product offerings and enhancing its customer experience to drive growth.

Subway is the sixth-largest player in the QSR market with a market share of around 3%. The company has a strong presence in the US and is expanding

4. The report provides
The report provides a detailed analysis of the Quick-service Restaurants market, including its dynamics, structure, characteristics, main players, growth and demand drivers, etc. As a result, the report provides an in-depth understanding of the Quick-service Restaurants market, its drivers and restraints, key trends and opportunities, etc.

The report also includes a detailed competitive analysis of the leading players in the Quick-service Restaurants market, including their company profiles, key financials, recent developments, and business strategies.

Key Players Covered:

The key companies operating in the global quick-service restaurants market are, Domino’s Pizza, Inc., Burger King, Dunkin Brands Group, Chick-fil-A, McDonald’s Corporation, Starbucks Corporation, Subway, Restaurant Brands International Inc., The Wendys Company, Yum! Brands, Inc.

The quick-service restaurants market is segmented on the basis of service type and geography. The eat-in service type segment is leading due to the growing global population inclining towards dining out restaurants. The home delivery options are gaining popularity among the consumers as they offer the choice and convenience to order from a wide array of restaurants. The quick-service restaurants are now increasingly collaborating with online food delivery platforms to expand their business and reach out to many consumers.

Segmentation

  DETAILS
 

By Service Type

 

 

    • Eat-in
    • Takeaway
    • Drive-Through
    • Home Delivery
 

By Geography

 

 

    • North America (U.S., Canada, and Mexico)
    • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
    • South America (Brazil, Argentina, and Rest of South America)
    • Middle East & Africa (South Africa, UAE, and Rest of ME&A)
 

By Service Type

 

 

    • Eat-in
    • Takeaway
    • Drive-Through
    • Home Delivery

Domino’s Pizza, Inc., Burger King, Dunkin Brands Group, Chick-fil-A, McDonald’s Corporation, Starbucks Corporation, Subway, Restaurant Brands International Inc., The Wendys Company, Yum! Brands, Inc.

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