Bangladesh Quick Service Restaurants Market Outlook by Service (Eat-in, Takeaway, Drive-through, Home Delivery), Cuisine (American, Chinese, Italian, Mexican, Japanese, Turkish & Lebanese) - Industry Revenue Estimation and Demand Forecast to 2030

Description

List of Tables

The value of the Bangladeshi quick-service restaurants market stood at USD 1,712.4 million in 2023, and this number is projected to reach USD 2,653.4 million by 2030, advancing at a CAGR of 7.1% during 2023-2030. This growth can be credited to the developing lifestyle of the adult populace, the increasing count of QSRs in the nation, the growing demand for fast food among the urban populace, and the rising working populace in the city and semi-urban areas of the country.

In 2023, the home delivery category, on the basis of service, held a substantial revenue contribution, of 32%. The key reasons contributing to the category's development are the increasing customer fondness for the home delivery of fast food, altering lifestyles and eating patterns of the young populace, growing count of double-income families, and the suitability, affordability, and obtainability of discounts related to home deliveries.

The demand for easy foods is increasing quickly among customers in Bangladesh, due to the parallel variations in the working and social lives and the mounting habit of dining out. People these days like to socialize over good food, away from the house. Therefore, because of the shortage of time, numerous contemporary nuclear families tend to choose convenient, quick meals over old-style meals.

American cuisine is likely to advance at the highest rate during this decade. This is because of the high requirement for fries, pizzas, and burgers among the young populace as well as the busy lifestyle of adults, which makes a requirement for convenience foods. Furthermore, other cuisines like Italian, Mexican, and Chinese, are also broadly prevalent among Bangladeshi citizens.

The increasing count of working populace is driving the expansion of the industry in this nation. For instance, approximately 54% of the overall population of the nation was employed, in 2021. Working individuals find less time to cook their meals at home; therefore, they choose fast food, which drives customers toward QSRs.

Moreover, the rising purchasing power of customers with their increasing per capita income, particularly in Dhaka, has boosted the sale of prepared food from QSRs in this nation. Bangladesh's economy is facing an era of low inflation, rising household income, and speedy progress.

As per the World Bank, Bangladesh has a purchasing power parity of 32.1 LCU per international dollar in 2021, in comparison to 16.3 LCU in 2002, advancing at a 3.63% average annual rate.

Furthermore, people, now, socialize with friends, neighbors, or colleagues, as compared to before for social or business purposes. This led to the increasing consumption of meals in fast food settings, which further boosted the industry.

Product Code: 12725

Chapter 1. Research Background

1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Data Reporting Unit

1.4.1 Value

1.5 Market Size Breakdown by Segment

1.5.1 Market Segmentation by Service

1.5.2 Market Segmentation by Cuisine

1.6 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.1.1 Paid

2.1.2 Unpaid

2.1.3 P&S Intelligence Database

2.2 Primary Research

2.2.1 Breakdown of Primary Research, by Industry Participant

2.2.2 Breakdown of Primary Research, by Designation

2.3 Market Size Estimation
2.4 Data Triangulation

Chapter 3. Executive Summary

Chapter 4. Market Indicators

4.1 World Fast Food Restaurants Market

Chapter 5. Definition of Market Segments

5.1 By Service

5.1.1 Eat-in

5.1.2 Takeaway

5.1.3 Drive-Through

5.1.4 Home Delivery

5.2 By Cuisine

5.2.1 American

5.2.2 Chinese

5.2.3 Italian

5.2.4 Mexican

5.2.5 Japanese

5.2.6 Turkish & Lebanese

5.2.7 Others

Chapter 6. Industry Outlook

6.1 Market Dynamics

6.1.1 Trends

6.1.1.1 Increasing preference for eating outside
6.1.1.2 Innovation in packaging and serving of food by quick service restaurants

6.1.2 Drivers

6.1.2.1 Rising demand for convenience food
6.1.2.2 Increasing fast food consumption in urban areas
6.1.2.3 Growing working population along with increased consumer spending

6.1.3 Impact Analysis of Drivers on Market Forecast

6.1.4 Restraints

6.1.4.1 Fluctuations in raw material pricing

6.1.5 Impact Analysis of Restraints on Market Forecast

6.2 Impact of COVID-19
6.3 Porter's Five Forces Analysis

6.3.1 Bargaining Power of Buyers

6.3.2 Bargaining Power of Suppliers

6.3.3 Intensity of Rivalry

6.3.4 Threat of New Entrants

6.3.5 Threat of Substitutes

Chapter 7. Bangladesh Market Size and Forecast

7.1 Overview
7.2 Market Revenue, by Service (2017-2030)
7.3 Market Revenue, by Cuisine (2017-2030)

Chapter 8. Competitive Landscape

8.1 Market Share Analysis of Key Players (2021)
8.2 List of Top Quick Service Restaurants in Bangladesh
8.3 UPT/ATV/ASV
8.4 Recent Strategic Developments of Key Players

8.4.1 Agreements

8.4.2 Facility Expansion

8.4.3 Product Launches

Chapter 9. Major QSRs and Their Major Product Offerings

9.1 Domino's Pizza Inc.
9.2 KFC
9.3 Burger King
9.4 Pizza Hut
9.5 California Fried Chicken
9.6 CP Five Star
9.7 Herfy
9.8 Crimson Cup
9.9 A&W Restaurants
9.10 Albaik
9.11 Charleys Philly Steaks
9.12 Boost Juice
9.13 Gloria Jean's Coffee
9.14 WAFL
9.15 Secret Recipe
9.16 Yummy Albia
9.17 Wimpy
9.18 Western Grill
9.19 Sauslys

Chapter 10. Analysts' Opinions

Chapter 11. Appendix

11.1 Sources and References
11.2 Related Reports

Product Code: 12725

List of Tables

TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 Drivers for The Market: Impact Analysis
TABLE 3 restraints for The Market: Impact Analysis
TABLE 4 Bangladesh Quick service restaurants market revenue, BY service, $000 (2017-2022)
TABLE 5 Bangladesh Quick service restaurants market revenue, BY service, $000 (2023-2026)
TABLE 6 Bangladesh Quick service restaurants market revenue, BY service, $000 (2027-2030)
TABLE 7 Bangladesh Quick service restaurants market revenue, BY Cuisine, $000 (2017-2022)
TABLE 8 Bangladesh Quick service restaurants market revenue, BY Cuisine, $000 (2023-2026)
TABLE 9 Bangladesh Quick service restaurants market revenue, BY Cuisine, $000 (2027-2030)
TABLE 10 List of Top Quick Service Restaurants in Bangladesh
TABLE 11 UPT/ATV/ASV of Top Quick Service Restaurants in BDT
TABLE 12 product categories' prices of Domino's Pizza Inc., in BDT
TABLE 13 product categories' prices of kfc, in BDT
TABLE 14 product categories' prices of Burger King, in BDT
TABLE 15 product categories' prices of pizza hut, in BDT
TABLE 16 product categories' prices of California Fried Chicken, in BDT
TABLE 17 product categories' prices of CP Five Star, in BDT
TABLE 18 product categories' prices of Herfy, in BDT
TABLE 19 product categories' prices of crimson cup, in BDT
TABLE 20 product categories' prices of A&W Restaurants, in BDT
TABLE 21 product categories' prices of Albaik, in BDT
TABLE 22 product categories' prices of Charleys Philly Steaks, in BDT
TABLE 23 product categories' prices of boost juice, in BDT
TABLE 24 product categories' prices of Gloria Jean's Coffee, in BDT
TABLE 25 product categories' prices of wafl, in BDT
TABLE 26 product categories' prices of Secret Recipe, in BDT
TABLE 27 product categories' prices of Yummy Albia, in BDT
TABLE 28 product categories' prices of Wimpy, in BDT
TABLE 29 product categories' prices of Western Grill, in BDT
TABLE 30 product categories' prices of sauslys, in BDT

List of Figures

FIG 1 Market Size Breakdown by Segment
FIG 2 RESEARCH methodology
FIG 3 breakdown of primary research, by industry participant
FIG 4 breakdown of primary research, by Designation
FIG 5 data triangulation approach
FIG 6 Executive Summary
FIG 7 Global Fast food restaurants market, $B (2017-2022)
FIG 8 Bargaining power of buyers
FIG 9 bargaining power of suppliers
FIG 10 intensity of rivalry
FIG 11 threat of new entrants
FIG 12 Threat of substitutes
FIG 13 Bangladesh Quick service restaurants market Revenue, BY Service, $000 (2017-2030)
FIG 14 Bangladesh Quick service restaurants market Revenue, BY Cuisine, $000 (2017-2030)
FIG 15 Bangladesh Quick service restaurants market share of Key players (2021)

Bangladesh Quick Service Restaurants Market Outlook by Service (Eat-in, Takeaway, Drive-through, Home Delivery), Cuisine (American, Chinese, Italian, Mexican, Japanese, Turkish & Lebanese) - Industry Revenue Estimation and Demand Forecast to 2030

Description

Table of Contents

List of Tables

Table of Contents

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Definition of Market Segments

Chapter 6. Industry Outlook

Chapter 7. Bangladesh Market Size and Forecast

Chapter 8. Competitive Landscape

Chapter 9. Major QSRs and Their Major Product Offerings

Chapter 10. Analysts' Opinions

Chapter 11. Appendix

List of Tables

List of Figures