NEW YORK, May 26, 2022 /PRNewswire/ — The “Fast Food Market by Product and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. According to the report, the market will observe an incremental growth of USD 87.27 billion between 2020 and 2025. The market observed a 1.84% YOY growth in 2021 and the growth momentum is expected to accelerate at a CAGR of 2.45% during the forecast period.
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The global fast food market is fragmented. The market is characterized by the presence of several large and medium-sized players and a few well-established vendors. Market players are competing in terms of brand name, new product innovation in their menu, and others. During the forecast period, the market will witness the entry of new players. This is expected to intensify the level of competition among existing players.
The increasing online presence of fast food vendors has been instrumental in driving the growth of the market. However, health concerns pertaining to the excessive consumption of fast foods might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. American Dairy Queen Corp., Doctors Associates LLC, Dominos Pizza Inc., Inspire Brands Inc., McDonald Corp., Papa Johns International Inc., Restaurant Brands International Inc., Starbucks Coffee Company, The Wendys Co., and YUM Brands Inc. are among some of the major market participants.
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Fast Food Market 2021-2025: Segmentation
The global fast food market is segmented as below:
- Product
- Non-vegetarian Fast Food
- Vegetarian Fast Food
The non-vegetarian fast food segment will account for the largest share in the market. The high demand for low-calorie and high-protein food products that are made purely out of meat is driving the growth of the segment. Also, the increasing demand for on-the-go non-vegetarian fast food products among the working population is contributing to the growth of the segment.
- Geography
- North America
- APAC
- Europe
- South America
- MEA
About 45% of the market growth will originate in APAC. China and Japan are the key markets for fast food in APAC. The increasing adoption of restaurant services by enterprises across various industries is driving the growth of the regional market. Market growth in this region will be faster than the growth of the market in regions.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fast food market report covers the following areas:
Fast Food Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist fast food market growth during the next five years
- Estimation of the fast food market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the fast food market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of fast food market vendors
Related Reports:
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Fast Food Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2.45% |
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Market growth 2021-2025 |
USD 87.27 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
1.84 |
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Regional analysis |
North America, APAC, Europe, South America, and MEA |
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Performing market contribution |
APAC at 45% |
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Key consumer countries |
US, China, Japan, Canada, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
American Dairy Queen Corp., Doctors Associates LLC, Dominos Pizza Inc., Inspire Brands Inc., McDonald Corp., Papa Johns International Inc., Restaurant Brands International Inc., Starbucks Coffee Company, The Wendys Co., and YUM Brands Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Restaurant market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product – Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 Non-vegetarian fast food – Market size and forecast 2020-2025
- Exhibit 17: Non-vegetarian fast food – Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: Non-vegetarian fast food – Year-over-year growth 2020-2025 (%)
- 5.4 Vegetarian fast food – Market size and forecast 2020-2025
- Exhibit 19: Vegetarian fast food – Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: Vegetarian fast food – Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Product
- Exhibit 21: Market opportunity by Product
6 Customer Landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America – Market size and forecast 2020-2025
- Exhibit 25: North America – Market size and forecast 2020-2025 ($ billion)
- Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
- 7.4 APAC – Market size and forecast 2020-2025
- Exhibit 27: APAC – Market size and forecast 2020-2025 ($ billion)
- Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)
- 7.5 Europe – Market size and forecast 2020-2025
- Exhibit 29: Europe – Market size and forecast 2020-2025 ($ billion)
- Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
- 7.6 South America – Market size and forecast 2020-2025
- Exhibit 31: South America – Market size and forecast 2020-2025 ($ billion)
- Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
- 7.7 MEA – Market size and forecast 2020-2025
- Exhibit 33: MEA – Market size and forecast 2020-2025 ($ billion)
- Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Vendor landscape
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 American Dairy Queen Corp.
- Exhibit 43: American Dairy Queen Corp. – Overview
- Exhibit 44: American Dairy Queen Corp. – Product and service
- Exhibit 45: American Dairy Queen Corp. – Key offerings
- 10.4 Doctors Associates LLC
- Exhibit 46: Doctors Associates LLC – Overview
- Exhibit 47: Doctors Associates LLC – Product and service
- Exhibit 48: Doctors Associates LLC – Key offerings
- 10.5 Dominos Pizza Inc.
- Exhibit 49: Dominos Pizza Inc. – Overview
- Exhibit 50: Dominos Pizza Inc. – Business segments
- Exhibit 51: Dominos Pizza Inc. – Key offerings
- Exhibit 52: Dominos Pizza Inc. – Segment focus
- 10.6 Inspire Brands Inc.
- Exhibit 53: Inspire Brands Inc. – Overview
- Exhibit 54: Inspire Brands Inc. – Product and service
- Exhibit 55: Inspire Brands Inc. – Key offerings
- 10.7 McDonald Corp.
- 10.8 Papa Johns International Inc.
- Exhibit 60: Papa Johns International Inc. – Overview
- Exhibit 61: Papa Johns International Inc. – Business segments
- Exhibit 62: Papa Johns International Inc.- Key news
- Exhibit 63: Papa Johns International Inc. – Key offerings
- Exhibit 64: Papa Johns International Inc. – Segment focus
- 10.9 Restaurant Brands International Inc.
- Exhibit 65: Restaurant Brands International Inc. – Overview
- Exhibit 66: Restaurant Brands International Inc. – Business segments
- Exhibit 67: Restaurant Brands International Inc.- Key news
- Exhibit 68: Restaurant Brands International Inc. – Key offerings
- Exhibit 69: Restaurant Brands International Inc. – Segment focus
- 10.10 Starbucks Coffee Company
- Exhibit 70: Starbucks Coffee Company – Overview
- Exhibit 71: Starbucks Coffee Company – Business segments
- Exhibit 72: Starbucks Coffee Company- Key news
- Exhibit 73: Starbucks Coffee Company – Key offerings
- Exhibit 74: Starbucks Coffee Company – Segment focus
- 10.11 The Wendys Co.
- Exhibit 75: The Wendys Co. – Overview
- Exhibit 76: The Wendys Co. – Business segments
- Exhibit 77: The Wendys Co.- Key news
- Exhibit 78: The Wendys Co. – Key offerings
- Exhibit 79: The Wendys Co. – Segment focus
- 10.12 YUM Brands Inc.
- Exhibit 80: YUM Brands Inc. – Overview
- Exhibit 81: YUM Brands Inc. – Business segments
- Exhibit 82: YUM Brands Inc.- Key news
- Exhibit 83: YUM Brands Inc. – Key offerings
- Exhibit 84: YUM Brands Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 85: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 86: Research Methodology
- Exhibit 87: Validation techniques employed for market sizing
- Exhibit 88: Information sources
- 11.4 List of abbreviations
- Exhibit 89: List of abbreviations
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