PUBLISHER: TechNavio | PRODUCT CODE: 1652892
PUBLISHER: TechNavio | PRODUCT CODE: 1652892
The fast food market is forecasted to grow by USD 119.6 bn during 2024-2029, accelerating at a CAGR of 3% 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.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 2.9% |
CAGR | 3% |
Incremental Value | $119.6 bn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's fast food market is segmented as below:
By Product
By Service Type
By Geographical Landscape
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:
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., Auntie Annes Franchisor SPV LLC, Burger King Company LLC, Chipotle Mexican Grill Inc., Corporativo Bimbo SA de CV, DD IP Holder LLC, Dominos Pizza Inc., Doughnut Time Ltd., Glory Hole Doughnuts, Jack in the Box Inc., Jimmy Johns Franchisor SPV LLC, McDonald Corp., Panera Bread, Papa Johns International Inc., Penn Station Inc., Pita Pit Ltd., Pizza Hut Inc., Starbucks Corp., The Subway Group, and The Wendys Co.. 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 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.