Global fast food market 2024-2028

Description

List of Tables

The fast food market is forecasted to grow by USD 123.3 bn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The 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 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:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.06%
CAGR	3.2%
Incremental Value	$123.3bn

By Product

Non-vegetarian fast food
Vegetarian fast food

By Service Type

Eat-in
Take away
Home delivery
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

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, increasing focus of vendors on new product launches and increasing demand for gluten-free fast foods will lead to sizable demand in the market.

The report on the fast food market covers the following areas:

Fast food market sizing
Fast food market forecast
Fast food 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 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., 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.

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 research - both primary and secondary. 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 the accurate market growth.

Product Code: IRTNTR45866

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Fast Food Market 2018 - 2022
- Historic Market Size - Data Table on Global Fast Food Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Service Type segment analysis 2018 - 2022
- Historic Market Size - Service Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Non-vegetarian fast food - Market size and forecast 2023-2028
- Chart on Non-vegetarian fast food - Market size and forecast 2023-2028 ($ billion)
- Data Table on Non-vegetarian fast food - Market size and forecast 2023-2028 ($ billion)
- Chart on Non-vegetarian fast food - Year-over-year growth 2023-2028 (%)
- Data Table on Non-vegetarian fast food - Year-over-year growth 2023-2028 (%)
6.4 Vegetarian fast food - Market size and forecast 2023-2028
- Chart on Vegetarian fast food - Market size and forecast 2023-2028 ($ billion)
- Data Table on Vegetarian fast food - Market size and forecast 2023-2028 ($ billion)
- Chart on Vegetarian fast food - Year-over-year growth 2023-2028 (%)
- Data Table on Vegetarian fast food - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Service Type

7.1 Market segments
- Chart on Service Type - Market share 2023-2028 (%)
- Data Table on Service Type - Market share 2023-2028 (%)
7.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
7.3 Eat-in - Market size and forecast 2023-2028
- Chart on Eat-in - Market size and forecast 2023-2028 ($ billion)
- Data Table on Eat-in - Market size and forecast 2023-2028 ($ billion)
- Chart on Eat-in - Year-over-year growth 2023-2028 (%)
- Data Table on Eat-in - Year-over-year growth 2023-2028 (%)
7.4 Take away - Market size and forecast 2023-2028
- Chart on Take away - Market size and forecast 2023-2028 ($ billion)
- Data Table on Take away - Market size and forecast 2023-2028 ($ billion)
- Chart on Take away - Year-over-year growth 2023-2028 (%)
- Data Table on Take away - Year-over-year growth 2023-2028 (%)
7.5 Home delivery - Market size and forecast 2023-2028
- Chart on Home delivery - Market size and forecast 2023-2028 ($ billion)
- Data Table on Home delivery - Market size and forecast 2023-2028 ($ billion)
- Chart on Home delivery - Year-over-year growth 2023-2028 (%)
- Data Table on Home delivery - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Service Type
- Market opportunity by Service Type ($ billion)
- Data Table on Market opportunity by Service Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 American Dairy Queen Corp.
- American Dairy Queen Corp. - Overview
- American Dairy Queen Corp. - Product / Service
- American Dairy Queen Corp. - Key offerings
12.4 Corporativo Bimbo SA de CV
- Corporativo Bimbo SA de CV - Overview
- Corporativo Bimbo SA de CV - Business segments
- Corporativo Bimbo SA de CV - Key news
- Corporativo Bimbo SA de CV - Key offerings
- Corporativo Bimbo SA de CV - Segment focus
12.5 Dominos Pizza Inc.
- Dominos Pizza Inc. - Overview
- Dominos Pizza Inc. - Business segments
- Dominos Pizza Inc. - Key news
- Dominos Pizza Inc. - Key offerings
- Dominos Pizza Inc. - Segment focus
12.6 Doughnut Time Ltd.
- Doughnut Time Ltd. - Overview
- Doughnut Time Ltd. - Product / Service
- Doughnut Time Ltd. - Key offerings
12.7 Focus Brands LLC
- Focus Brands LLC - Overview
- Focus Brands LLC - Product / Service
- Focus Brands LLC - Key offerings
12.8 Glory Hole Doughnuts
- Glory Hole Doughnuts - Overview
- Glory Hole Doughnuts - Product / Service
- Glory Hole Doughnuts - Key offerings
12.9 Inspire Brands Inc.
- Inspire Brands Inc. - Overview
- Inspire Brands Inc. - Product / Service
- Inspire Brands Inc. - Key offerings
12.10 JAB Holding Co. Sarl
- JAB Holding Co. Sarl - Overview
- JAB Holding Co. Sarl - Product / Service
- JAB Holding Co. Sarl - Key offerings
12.11 McDonald Corp.
- McDonald Corp. - Overview
- McDonald Corp. - Business segments
- McDonald Corp. - Key news
- McDonald Corp. - Key offerings
- McDonald Corp. - Segment focus
12.12 Papa Johns International Inc.
- Papa Johns International Inc. - Overview
- Papa Johns International Inc. - Business segments
- Papa Johns International Inc. - Key offerings
- Papa Johns International Inc. - Segment focus
12.13 Restaurant Brands International Inc.
- Restaurant Brands International Inc. - Overview
- Restaurant Brands International Inc. - Business segments
- Restaurant Brands International Inc. - Key news
- Restaurant Brands International Inc. - Key offerings
- Restaurant Brands International Inc. - Segment focus
12.14 Starbucks Corp.
- Starbucks Corp. - Overview
- Starbucks Corp. - Business segments
- Starbucks Corp. - Key news
- Starbucks Corp. - Key offerings
- Starbucks Corp. - Segment focus
12.15 The Subway Group
- The Subway Group - Overview
- The Subway Group - Product / Service
- The Subway Group - Key news
- The Subway Group - Key offerings
12.16 The Wendys Co.
- The Wendys Co. - Overview
- The Wendys Co. - Business segments
- The Wendys Co. - Key offerings
- The Wendys Co. - Segment focus
12.17 YUM Brands Inc.
- YUM Brands Inc. - Overview
- YUM Brands Inc. - Business segments
- YUM Brands Inc. - Key offerings
- YUM Brands Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations