Fast Food Market Segment By Type (Burger/Sandwich, Pizza/Pasta, Chicken, Seafood, Asian/Latin American Food, and Others), By End-User (Quick Service Restaurants, Food-Service Restaurants, Caterings, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa, rest of the world) – Key Insights and COVID-19 Impact on the Global Market Growth 2021-2026
Fast Food Market Size, Share, Demand Overview 2021-2026:
Fast Food Market size was valued at USD 655 billion in 2021 and is projected to reach USD 930 billion by the end of 2026, with growth at a CAGR of 4.5% over the forecast period 2021-2026.
The increase in the number of hotels and restaurants is accredited to faster urbanization and globalization, which change is anticipated to speed up the development of the fast food market. Furthermore, growth in health awareness among customers and improved demand for healthy and tasty food drive the fast food market growth.
The global Fast Food market has seen important growth in the women’s employment proportion. With the upsurge in the number of employed women, it turns suggestively hard for them to cook food, which outcomes in consuming fast food. For example, as per to the United States Department of Labor, the U.S. female employment ratio in the year 2019 was 46%. Likewise, in China, the women employment ratio was about 43.7% and in South Africa, it was about 45%. All these aspects together drive the fast-food market growth over the forecast period 2021-2026.
Fast Food Market Segmentation:
Global Fast Food Market Segmented By Type, and By End-user. Based on Type, the market is divided into Burger/Sandwich, Pizza/Pasta, Chicken, Seafood, Asian/Latin American Food, and Others. and Based on End-User, the market is divided into Quick Service Restaurants, Food-Service Restaurants, Caterings, and Others.
Geographically the global Fast Food Market classified into North America into the USA, Canada. By Latin America into Brazil, Argentina, Mexico. By Europe into UK, Germany, Spain, France, London, Italy, and rest of the European countries. The Middle East and Africa into KSA, UAE, Qatar, & South Africa. The Asia Pacific into India, China, Japan, Malaysia, Singapore, Australia, and the Rest of the APAC countries
North America Fast Food Market:
North America Fast Food Market was the projecting market in 2019, which reported for the maximum share in the global Fast Food market.
Asia-Pacific Fast Food Market:
Asia-Pacific Fast Food Market mainly covers emerging countries, these countries are attractive the manufacturers all around the globe to capitalize, and henceforth this influence is showing to be fast food market booster in the Asia Pacific region for the fast-food market.
Key Companies Covered in the Global Fast Food Market Report:
Prominent Players listed in the global market report are; Cinnabon Franchisor SPV LLC, Auntie Anne’s, INC, Domino’s Pizza, INC, Hardee’s Restaurants LLC, Dunkin’ Brands Group, Inc, Jack in The Box INC., Firehouse Restaurant Group, Inc, McDonald’s, YUM! BRANDS, INC, and Restaurant Brands International Inc, INC.
- Asian/Latin American Food
- Quick Service Restaurants
- Food-Service Restaurants
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Rest of the world
- Cinnabon Franchisor SPV LLC
- Auntie Anne’s Inc
- Domino’s Pizza Inc
- Hardee’s Restaurants LLC
- Dunkin’ Brands Group, Inc
- Jack in The Box Inc
- Firehouse Restaurant Group, Inc
- YUM! BRANDS, Inc
- Restaurant Brands International Inc
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