PUBLISHER: TechNavio | PRODUCT CODE: 1189271
PUBLISHER: TechNavio | PRODUCT CODE: 1189271
Technavio has been monitoring the fast food market and is forecast to grow by $123.43 billion during 2022-2027, accelerating at a CAGR of 3.28% during the forecast period. Our report on the fast food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing online presence of fast-food vendors, changing consumer preferences, and growing demand for fast-casual food.
Technavio's fast food market is segmented as below:
By Product
By Service Type
By Geography
This study identifies the growing number of fast-food outlets as one of the prime reasons driving the fast food market growth during the next few years. Also, fluctuating prices of raw materials and increasing demand for gluten-free fast foods will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fast food market vendors that include American Dairy Queen Corp., Chipotle Mexican Grill Inc., Corporativo Bimbo SA de CV, Dominos Pizza Inc., Doughnut Time Ltd., Focus Brands LLC, Glory Hole Doughnuts, Inspire Brands Inc., JAB Holding Co. Sarl, Jack in the Box Inc., Jimmy Johns Franchisor SPV LLC, McDonald Corp., Papa Johns International Inc., Penn Station Inc., Pita Pit Ltd., Restaurant Brands International Inc., Starbucks Corp., The Subway Group, The Wendys Co., and YUM Brands Inc. Also, the fast food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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