Current situation and future developments of the fast food market 2024

Current situation and future developments of the fast food market 2024

The global fast food market was valued at $745.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030.

The latest market report from CMI entitled “Global Fast Food Market 2024, Growth Opportunities and Forecast” provides actionable insights into the Food & Beverage industry. The report offers needs analysis, industry insights, competitive intelligence, and a customer database.

The research report on the Fast Food Market presents a complete assessment of the market through strategic insights into future trends, growth factors, supplier landscape, demand landscape, YoY growth rate, CAGR, price analysis. It also offers a lot of business matrices including Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4PS Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

Do you think this report might be of interest to you? If so, request a sample copy of this report: www.coherentmarketinsights.com/insight…ample/5896

*Note: The sample of the report contains details about the scope and extent, table of contents, research methodology and sample framework of the report. The current report with over 150 information is available for purchase to all interested stakeholders.

Key trends

– Convenience is key: On-demand delivery and drive-thru pickup are increasing sales for chains like Domino’s and McDonald’s. Over 60% of customers now prefer convenience to eating in restaurants.

– Healthier choices: One in three millennials actively seek out nutritious fast food. Chains like Subway and Chipotle are developing innovative menus to cater to health-conscious consumers.

– Digital disruption: Contactless payment apps and smartphone orders accounted for over 25% of transactions in 2021. Early adopters of digital solutions such as Burger King saw a 20% increase in sales.

– Local is the new global: Regional chains focus on authentic taste and personal service. Over 70 local brands were launched in 2021 and represent new competition.

– Sustainability takes center stage: Consumers increasingly demand environmentally friendly packaging and suppliers. Market leaders like Panera are investing in electric fleets and biodegradable materials.

Want to access more insights? The journey begins by requesting a sample: www.coherentmarketinsights.com/insight…ample/5896

*Note: The sample of the report contains details about the scope and extent, table of contents, research methodology and sample framework of the report. The current report with over 150 information is available for purchase to all interested stakeholders.

Detailed Segmentation and Classification of the Report (Market Size and Forecast – 2031, YoY Growth Rate and CAGR):

• By type:

• By product type: Burgers/Sandwiches, Pizza/Pasta, Asian/Latin American, Chicken, Seafood, Other
• By end user: full-service restaurants, quick-service restaurants, catering, others

By regions and countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East and Africa

Below are the players analyzed in the report:

• Aunt Anne
• INC
• Cinnabon franchisor SPV LLC
• Domino’s Pizza
• INC
• Dunkin’ Brands Group
• Incl.
• Hardee’s Restaurants LLC
• Firehouse Restaurant Group
• Incl.
• Jack in The Box INC.
• McDonald’s
• Restaurant
• Brands International Inc.
• INC
• YUM! BRANDS
• INC

Get access to the latest edition of this market study (over 150 pages): www.coherentmarketinsights.com/insight…y-now/5896

Detailed analysis:

The report offers an in-depth qualitative and quantitative analysis of the Fast Food market for all Regions and countries The following points are covered below:

• North America (USA, Canada and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia and Australia)
• South America (Brazil, Argentina and rest of South America)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, South Africa and rest of Middle East and Africa)
• Each country is covered in detail and the report offers qualitative and quantitative analysis of the Fast Food market in each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces that will determine the development of the Fast Food market during the forecast period?
3. Who are the major market players and what successful strategies have helped them establish themselves firmly in the fast food market?
4. What are the key market trends influencing the development of the fast food market in different regions?
5. What are the major threats and challenges that could hinder the growth of the fast food market?
6. What major opportunities can market leaders build on to be successful and profitable?

Does the report provide key insights that could help you make decisions on important strategic issues?

• Regional report analysis that highlights the consumption of products/services in a region also shows the factors influencing the market in each region.
• Reports provide information on opportunities and risks for suppliers to the fast food and tube industries worldwide.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies as well as new product launches, partnerships, business expansions and acquisitions.
• The report offers a comprehensive company profile comprising company overviews, company insights, product benchmarks and SWOT analysis of the key market players.
• This report offers the current and future market outlook of the industry with respect to recent development, growth opportunities, drivers, challenges and two regional restraints encountered in advanced regions.
• This report offers the current and future market outlook of the industry with respect to recent development, growth opportunities, drivers, challenges and two regional restraints encountered in advanced regions.

Author of this marketing PR:

Priya Pandey is a dynamic and passionate PR writer with over three years of experience in content writing and proofreading. Priya holds a Bachelor’s degree in Biotechnology and has a knack for making content engaging.

Her diverse portfolio includes writing content and documents for various industries including food and beverage, information and technology, healthcare, chemicals and materials. Priya’s meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn www.linkedin.com/in/priy…8417a8173/)

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Current situation and future developments of the fast food market 2024Coherent market insights.
Category: Industry reports and market analyses Profile: Coherent Market Insights is a global market research and consulting firm that offers syndicated market research reports, customized market research reports and consulting services. We are known for providing actionable insights and authentic reports across a wide range of sectors including aerospace and defense, agriculture, food and beverage, automotive, chemicals and materials and almost every other sector and sub-sector under the sun. We create value for our clients’ businesses by

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