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Change in consumer taste and preference is a key impacting factor in the fast food market. However, factors such as high setup cost of restaurants and rise in health concerns among fast food consumers hamper the market growth.
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Fast Food Market Opportunities and Forecasts, 2014 – 2022 Published Date: 6-Jan-16 No. Of Pages: 11
Fast Food Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $743,859 Million by 2022, registering a CAGR of 4.84% during the forecast period 2016-2022. • Fast food is a term used for easily prepared, processed food served in snack bars and restaurants as a quick meal or to be taken away. It is a quick and low-price meal alternative for home-cooked food. • Based on the type of fast food, the market is segmented into burgers/sandwiches, pizza/pasta, chicken, seafood, Asian/Latin American food, and others. The Asian/Latin American food segment generated highest revenue 2015 • Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The North American region is expected to grow at a CAGR of 3.66% during forecast period. However, LAMEA is an emerging market for fast food and is estimated to grow at a CAGR of 7.61%. FAST FOOD MARKET- INTRODUCTION
FAST FOOD MARKET-KEY FINDINGS • The Asian/Latin American food segment occupied the highest share in 2015 and is estimated to grow at a high CAGR of 3.77%, in terms of value, during the forecast period. • North America led the market for fast food, followed by Asia-Pacific, in 2015. • The burgers/sandwiches segment is estimated to grow at the highest CAGR of 6.02%, in terms of value. • U.S. is the leading market for fast food in the North American region, which is expected to grow at a CAGR of 3.73%, in terms of value.
TABLE OF CONTENTS • INTRODUCTION • EXECUTIVE SUMMARY • MARKET OVERVIEW • WORLD FAST FOOD MARKET, BY FAST FOOD TYPE • WORLD FAST FOOD MARKET, BY GEOGRAPHY • COMPANY PROFILES
FAST FOOD MARKET MARKET- BY GEOGRAPHY North America, Europe, Asia Pacific, LAMEA
COMPANYPROFILES McDonalds Hardees Pizza Hut Dominos Pizza Burger King KFC Subway
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