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Fast Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global fast food market size reached US$ 803 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,105 Billion by 2027, exhibiting a growth rate (CAGR) of 5.4% during 2022-2027.

Fast food is referred to as food items that are quick to prepare and are mainly made with the help of pre-cooked ingredients. These are generally produced in advance in bulk quantities and then heated and packed for takeaway or dine-in. Fast food acts as a quicker and easier alternative to home-cooked meals. Some of the most commonly available options in the market include fries, sandwiches, burgers, noodles, pizza, etc. Fast food is served across many quick service restaurants, hotels, street vendor shops, etc.

Fast Food Market Trends:

The expanding food and beverage industry along with the escalating adoption of franchise business models by popular restaurant chains is primarily propelling the global fast food market. In line with this, the emerging café culture and the inflating number of fast-food outlets, quick service restaurants (QSRs), food trucks, etc., are further driving the market growth. Moreover, the increasing working population and improving consumer lifestyles across the globe have further catalyzed the consumption of fast food products. Besides this, the introduction of several innovative and exotic recipes by popular food chains using natural, organic, and plant-based ingredients is creating a positive outlook for the global market. Furthermore, the widespread adoption of food ordering apps and the advent of home delivery models are also fueling the demand for fast food products. These platforms offer numerous associated benefits, such as doorstep delivery, fast and easy ordering, discounted offers, etc. Additionally, various other factors, including the modernization of food retail sector and the launch of touchscreen kiosks, kitchen-display screens, digital sales terminals, etc., are expected to bolster the global fast food market over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global fast food market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and end user.

Breakup by Product Type:

  • Pizza/Pasta
  • Burger/Sandwich
  • Chicken
  • Asian/Latin American Food
  • Seafood
  • Others
     

Breakup by End User:

  • Food-Service Restaurants
  • Quick Service Restaurants
  • Caterings
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Auntie Anne's (Focus Brands LLC), Chipotle Mexican Grill Inc., CKE Restaurants Holdings Inc., Domino's Pizza Inc., Jack in the Box, Little Caesar Enterprises Inc., McDonald's, Papa John's International Inc., Restaurant Brands International Inc., Subway (Doctor's Associates Inc.), The Wendy's Company and Yum! Brands Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Auntie Anne's (Focus Brands LLC), Chipotle Mexican Grill Inc., CKE Restaurants Holdings Inc., Domino's Pizza Inc., Jack in the Box, Little Caesar Enterprises Inc., McDonald's, Papa John's International Inc., Restaurant Brands International Inc., Subway (Doctor's Associates Inc.), The Wendy's Company and Yum! Brands Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global fast food market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global fast food market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global fast food market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Fast Food Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Pizza/Pasta
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Burger/Sandwich
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Chicken
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Asian/Latin American Food
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Seafood
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by End User
    7.1    Food-Service Restaurants
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Quick Service Restaurants
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Caterings
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Auntie Anne's (Focus Brands LLC)
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Chipotle Mexican Grill Inc.
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    CKE Restaurants Holdings Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Domino's Pizza Inc.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    Jack in the Box
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
           13.3.5.4 SWOT Analysis
        13.3.6    Little Caesar Enterprises Inc.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    McDonald's
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials
           13.3.7.4 SWOT Analysis
        13.3.8    Papa John's International Inc.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
        13.3.9    Restaurant Brands International Inc.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
        13.3.10    Subway (Doctor's Associates Inc.)
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    The Wendy's Company
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
           13.3.11.3 Financials
           13.3.11.4 SWOT Analysis
        13.3.12    Yum! Brands Inc.
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio
           13.3.12.3 Financials
           13.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Fast Food Market: Major Drivers and Challenges
Figure 2: Global: Fast Food Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Fast Food Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Fast Food Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Fast Food Market: Breakup by End User (in %), 2021
Figure 6: Global: Fast Food Market: Breakup by Region (in %), 2021
Figure 7: Global: Fast Food (Pizza/Pasta) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Fast Food (Pizza/Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Fast Food (Burger/Sandwich) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Fast Food (Burger/Sandwich) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Fast Food (Chicken) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Fast Food (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Fast Food (Asian/Latin American Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Fast Food (Asian/Latin American Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Fast Food (Seafood) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Fast Food (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Fast Food (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Fast Food (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Fast Food (Food-Service Restaurants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Fast Food (Food-Service Restaurants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Fast Food (Quick Service Restaurants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Fast Food (Quick Service Restaurants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Fast Food (Caterings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Fast Food (Caterings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Fast Food (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Fast Food (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Fast Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: Fast Food Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: Fast Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: Fast Food Industry: SWOT Analysis
Figure 77: Global: Fast Food Industry: Value Chain Analysis
Figure 78: Global: Fast Food Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Fast Food Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Fast Food Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Fast Food Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Fast Food Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Fast Food Market: Competitive Structure
Table 6: Global: Fast Food Market: Key Players


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