Denmark Fast Food Market Research Report to 2027
Market Overview
The Denmark fast food market is projected to register a CAGR of 1.52% during the review period. Fast food, also termed as junk food, can be defined as meals that require minimal preparation time. Typically, the term fast food refers to food sold in a store or restaurants with pre-cooked or pre-heated ingredients and served to the customers in a packaged form for take-away or take-out. Fast food, such as burgers, chicken nuggets, fried potato cutter, pies, canned chips, pizza, and soft drinks, have high calories, fat & sugars, salt, and oils, but low nutritional value and quality. Fast food is easy to prepare and consume. In today's busy work life, technological society has contributed to the drastic change in the way people eat. Dual-career and single-parent families are increasing with time. Such factors are boosting the demand for fast food across Denmark. Fast food products include a wide range of products such as burgers and sandwiches, pizzas, fried chicken, hot dogs, tacos, and burritos.
The Denmark fast food market is expected to register a notable growth rate during the forecast period. The exponential growth of the fast food industry, the rise of multinational fast food outlets, and the surge in promotional activities and discounts are the key factors driving the market growth. The massive adoption of advanced technology by fast food service providers is anticipated to present a lucrative growth opportunity for the vendors operating in the Denmark fast food market. However, rising health concerns are anticipated to hamper the market growth in the country to a certain extent during the forecast period. The growth of the fast-food industry and the growth of multinational-fast food outlets are some of the key factors driving the growth of the Denmark market.
Market Segmentation
Based on product type, the Denmark fast food market has been segmented into burgers and sandwiches, pizzas, fried chicken, hot dogs, tacos & burritos, and others. The burgers and sandwiches segment accounted for the largest market share of 32.08% in 2019 and is projected to register an 1.64% CAGR during the forecast period, while the tacos & burritos segment is expected to exhibit the highest CAGR of 1.79% during the review period.
The Denmark fast food market has been segmented, based on distribution channel, into take-away & delivery and dine-in. The dine in segment accounted for a larger market share of 73.57% in 2020 and is projected to witness an 1.28% CAGR during the study period, while the take-away and delivery segment is expected to exhibit a higher CAGR of 2.16% during the review period.
Major Players
The key players operating in the Denmark fast food market are McDonald's Corporation (US), Yum! Brands, Inc., (US), Restaurant Brands International Inc. (Canada), Domino's Pizza, Inc. (US), Max Hamburgers (Sweden), Jack in the Box Inc. (US), Gasoline Grill (Denmark), Subway IP LLC (US), Easyfood A/S (Denmark) and Jagger (Denmark). McDonald's Corporation (US), Yum! Brands, Inc., (US), Restaurant Brands International Inc. (Canada), Domino's Pizza, Inc. (US), Max Hamburgers (Sweden), Jack in the Box Inc. (US), Gasoline Grill (Denmark), Subway IP LLC (US), Easyfood A/S (Denmark) and Jagger (Denmark).
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