Global Quick Service Restaurants Market 2024-2028

Global Quick Service Restaurants Market 2024-2028

Quick Service Restaurants Market 2024-2028

The quick service restaurants market is forecasted to grow by USD 61.2 bn during 2023-2028, accelerating at a CAGR of 2.1% during the forecast period. The report on the quick service restaurants 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 rise in number of quick service restaurants, changing lifestyles and rise in demand for on-the-go food, and growing innovation and customization in food menu.

Technavio's quick service restaurants market is segmented as below:

By Service

• Eat-in service
• Takeaway service
• Drive-thru service
• Home delivery service

By Type

• Chain
• Independent

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the innovations in packaging and serving of food as one of the prime reasons driving the quick service restaurants market growth during the next few years. Also, rise in demand for nutritious foods and drinks and growing popularity of online and mobile app-based food ordering will lead to sizable demand in the market.

The report on the quick service restaurants market covers the following areas:

• Quick Service Restaurants Market sizing
• Quick Service Restaurants Market forecast
• Quick Service Restaurants Market industry analysis

The 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 quick service restaurants market vendors that include American Dairy Queen Corp., ArmyNavy Burger Inc., BonChon Chicken Philippines, Bounty Agro Ventures Inc., Carls Jr. Restaurants LLC, Chick fil A Inc., Chipotle Mexican Grill Inc., Dominos Pizza Inc., Goldilocks Filipino Cuisine, Honeybee Foods Corp., Jack in the Box Inc., McDonald Corp., Restaurant Brands International Inc., Shakeys Pizza Asia Ventures Inc., Starbucks Corp., The Subway Group, The Wendys Co., and YUM Brands Inc.. Also, the quick service restaurants 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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.