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PUBLISHER: IMARC | PRODUCT CODE: 1451016
PUBLISHER: IMARC | PRODUCT CODE: 1451016
Fast Food and Quick Service Restaurant Market Report by Business Model, Cuisine, Product Type, Service Type, and Region 2024-2032
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PAGES: 141 Pages
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The global fast food and quick service restaurant market size reached US$ 255.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 370.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
A food and quick service restaurant (QSR) refers to a casual dining setup, in which pre-prepared fast food is assembled and served to the customers. These outlets usually offer a limited menu and the food is prepared in advance in bulk quantities, which is further heated and packaged for take away or dine-in. They provide a wide variety of economical foods and beverages, such as burgers, sandwiches, pizzas, pastas, soft and alcoholic drinks, desserts, cakes, pastries, chicken, seafood, etc., and which are inspired by the local ingredients and cuisine. Apart from this, these restaurants are usually a part of an existing restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods to the restaurants through controlled supply channels.
Significant growth in the food and beverage industry, along with the widespread adoption of franchise business models by popular restaurant chains, is one of the key factors creating a positive outlook for the market. Furthermore, the increasing working population and improving consumer lifestyles across the globe have enhanced the consumption of fast food products. Also, due to the hectic schedules, there is widespread adoption of on-the-go food products that can be readily purchased and consumed while traveling. This, consequently, is creating a positive outlook for the market. Additionally, the emerging cafe culture, coupled with the availability of healthier fast food alternatives, is acting as another growth-inducing factor. QSRs are developing innovative and exotic recipes using natural, organic and plant-based ingredients, instead of artificial and processed substitutes, and are gaining immense traction among health-conscious consumers. Other factors, including modernization and digitization of the restaurants, coupled with the utilization of touchscreen kiosks, kitchen-display screens and digital sales terminal, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fast food and quick service restaurant market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on business model, cuisine, product type and service type.
Breakup by Business Model:
Independent
Chain and Franchise
Breakup by Cuisine:
American
Chinese
Italian
Mexican
Japanese
Turkish and Lebanese
Others
Breakup by Product Type:
Burger and Sandwiches
Pizzas and Pastas
Drinks and Desserts
Chicken and Seafood
Others
Breakup by Service Type:
Online Service
Offline Service
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:
The report has also analysed the competitive landscape of the market with some of the key players being Ark Restaurants Corp., Carrols Restaurant Group Inc., Chipotle Mexican Grill Inc., Del Taco Restaurants Inc., Jack in The Box Inc., Kotipizza Group Oyj (Orkla ASA), McDonald's Corporation, Restaurant Brands International Inc., The Wendy's Company and Yum Brands Inc.
Key Questions Answered in This Report
- 1. What was the size of the global fast food and quick service restaurant market in 2023?
- 2. What is the expected growth rate of the global fast food and quick service restaurant market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global fast food and quick service restaurant market?
- 4. What are the key factors driving the global fast food and quick service restaurant market?
- 5. What is the breakup of the global fast food and quick service restaurant market based on the business model?
- 6. What is the breakup of the global fast food and quick service restaurant market based on cuisine?
- 7. What is the breakup of the global fast food and quick service restaurant market based on the product type?
- 8. What is the breakup of the global fast food and quick service restaurant market based on the service type?
- 9. What are the key regions in the global fast food and quick service restaurant market?
- 10. Who are the key players/companies in the global fast food and quick service restaurant market?
Product Code: SR112024A2566
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Fast Food and Quick Service Restaurant Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Business Model
- 6.1 Independent
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Chain and Franchise
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Cuisine
- 7.1 American
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Chinese
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Italian
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Mexican
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Japanese
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Turkish and Lebanese
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Product Type
- 8.1 Burgers and Sandwiches
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Pizzas and Pastas
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Drinks and Desserts
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Chicken and Seafood
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Service Type
- 9.1 Online Service
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Offline Service
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Ark Restaurants Corp.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Carrols Restaurant Group Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 Chipotle Mexican Grill Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Del Taco Restaurants Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 Jack in The Box Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Kotipizza Group Oyj (Orkla ASA)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 McDonald's Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Restaurant Brands International Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.9 The Wendy's Company
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Yum Brands Inc.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.1 Ark Restaurants Corp.
Product Code: SR112024A2566
List of Figures
- Figure 1: Global: Fast Food and Quick Service Restaurant Market: Major Drivers and Challenges
- Figure 2: Global: Fast Food and Quick Service Restaurant Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Fast Food and Quick Service Restaurant Market: Breakup by Business Model (in %), 2023
- Figure 4: Global: Fast Food and Quick Service Restaurant Market: Breakup by Cuisine (in %), 2023
- Figure 5: Global: Fast Food and Quick Service Restaurant Market: Breakup by Product Type (in %), 2023
- Figure 6: Global: Fast Food and Quick Service Restaurant Market: Breakup by Service Type (in %), 2023
- Figure 7: Global: Fast Food and Quick Service Restaurant Market: Breakup by Region (in %), 2023
- Figure 8: Global: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Fast Food and Quick Service Restaurant (Independent) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Fast Food and Quick Service Restaurant (Independent) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Fast Food and Quick Service Restaurant (Chain and Franchise) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Fast Food and Quick Service Restaurant (Chain and Franchise) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Fast Food and Quick Service Restaurant (American) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Fast Food and Quick Service Restaurant (American) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Fast Food and Quick Service Restaurant (Chinese) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Fast Food and Quick Service Restaurant (Chinese) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Fast Food and Quick Service Restaurant (Italian) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Fast Food and Quick Service Restaurant (Italian) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Fast Food and Quick Service Restaurant (Mexican) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Fast Food and Quick Service Restaurant (Mexican) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Fast Food and Quick Service Restaurant (Japanese) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Fast Food and Quick Service Restaurant (Japanese) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Fast Food and Quick Service Restaurant (Turkish and Lebanese) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Fast Food and Quick Service Restaurant (Turkish and Lebanese) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Fast Food and Quick Service Restaurant (Other Cuisines) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Fast Food and Quick Service Restaurant (Other Cuisines) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Fast Food and Quick Service Restaurant (Burgers and Sandwiches) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Fast Food and Quick Service Restaurant (Burgers and Sandwiches) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Fast Food and Quick Service Restaurant (Pizzas and Pastas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Fast Food and Quick Service Restaurant (Pizzas and Pastas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Fast Food and Quick Service Restaurant (Drinks and Desserts) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Fast Food and Quick Service Restaurant (Drinks and Desserts) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Fast Food and Quick Service Restaurant (Chicken and Seafood) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Fast Food and Quick Service Restaurant (Chicken and Seafood) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Fast Food and Quick Service Restaurant (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Fast Food and Quick Service Restaurant (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Fast Food and Quick Service Restaurant (Online Service) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Fast Food and Quick Service Restaurant (Online Service) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Fast Food and Quick Service Restaurant (Offline Service) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Fast Food and Quick Service Restaurant (Offline Service) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: North America: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: North America: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: United States: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: United States: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Canada: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Canada: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Asia Pacific: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Asia Pacific: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: China: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: China: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Japan: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Japan: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: India: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: India: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: South Korea: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: South Korea: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Australia: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Australia: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Indonesia: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Indonesia: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Europe: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Europe: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Germany: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Germany: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: France: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: France: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: United Kingdom: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: United Kingdom: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Italy: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Italy: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Spain: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Spain: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Russia: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Russia: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Latin America: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Latin America: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Brazil: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Brazil: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Mexico: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Mexico: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Others: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Others: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Middle East and Africa: Fast Food and Quick Service Restaurant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Middle East and Africa: Fast Food and Quick Service Restaurant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Global: Fast Food and Quick Service Restaurant Industry: SWOT Analysis
- Figure 90: Global: Fast Food and Quick Service Restaurant Industry: Value Chain Analysis
- Figure 91: Global: Fast Food and Quick Service Restaurant Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Fast Food and Quick Service Restaurant Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Fast Food and Quick Service Restaurant Market Forecast: Breakup by Business Model (in Million US$), 2024-2032
- Table 3: Global: Fast Food and Quick Service Restaurant Market Forecast: Breakup by Cuisine (in Million US$), 2024-2032
- Table 4: Global: Fast Food and Quick Service Restaurant Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 5: Global: Fast Food and Quick Service Restaurant Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
- Table 6: Global: Fast Food and Quick Service Restaurant Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Fast Food and Quick Service Restaurant Market Structure
- Table 8: Global: Fast Food and Quick Service Restaurant Market: Key Players
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