Key Companies Covered in the Quick Service Restaurant (QSR) Market Research are McDonalds, The Wendys Company, Restaurants Brand International, Bloomin Brands, Ark Restaurant Corporation, Starbucks Corporation, Chipotle Mexican Grill, Carrols Restaurant Group, Yum! Brands Inc., Subway. and other key market players.
The Global QSR Market was valued at USD 713.29 Billion in the year 2021. With the increased disposable income in highly populated countries such as China and India, the growth rate of the QSR market is increasing and is expected to grow further in upcoming years.
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The Home Delivery segment is expected to be growing tremendously in the Global QSR Market because after the pandemic, people want to avoid physical contact with much crowded places and along with that so many convenient and easy online ordering options are there to place orders and enjoy the favourite food with all comforts at home.
With COVID-19 having altered and still in the process of altering the definition of normal across the world, most industries are still scrambling to adjust. The effect on the restaurant industry has been particularly dramatic. With restaurants and pubs closed for sit-down service, many establishments are struggling to keep their heads above water. On the other hand, places that are able to offer delivery and pick-up options are seeing large increases in order volumes. Meal kit delivery services are also seeing a major surge in interest.
Asia Pacific region is anticipated to grow enormously in the market on account of increasing middle-income group and rapid urbanization. Furthermore, the presence of some key market players in the region also supports the market growth in this region throughout the forecast period and beyond.
Further, the demand for Italian cuisine is comparatively higher as compared to other cuisines of this category globally. People have different preferences, choices and priorities when it comes to the tastes and uniqueness of food for themselves which is an important factor to drive the market growth of a particular region or a country.
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Scope of the Report
The report analyses the QSR Market by Value (USD Billion).
The report analyses the QSR Market by Number of Stores (In Units).
The report analyses the QSR Market by Service Type (Eat-in, Take way, Home Delivery).
The report analyses the QSR Market by Business Model (Independent, Chain & Franchise).
The report analyses the QSR Market by Cuisine Type (Italian, Chinese, Japanese, Other).
The report analyses the QSR Market by Delivery Mode (Dine in & Drive Thru) and by Ownership (Company Owned and Franchised) (Number of Stores).
The report also analyses the North American, U.K., Japan and Indian QSR Market Brand Wise Number of Stores Snapshot (McDonalds, Starbucks, KFC, Subway, Taco Bell, Pizza Hut, Tim Hortons, Burger King, Wendys and Dominos) *
The Global QSR Market has been analysed by countries (United States, Canada, United Kingdom, Germany, Italy, France, China, Japan, India, Mexico).
The key insights of the report have been presented through the frameworks of SWOT and Porters Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Service type, by Business Model, by Cuisine Type.
Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include
The following are the market factors covered in this report:
Important Market Strategic Developments:
The research covers the major strategic market developments, such as R&D, M&A, agreements, new product launches, collaborations, partnerships, joint ventures, and regional expansion of the major rivals operating in the market on a national and international level.
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Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
Analysis’s Key Market Indicators & Method
Using a variety of analytical methodologies, the study uses in-depth research and evaluation to present information on the leading market players and their position within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses have been used to examine the development of the major market players.
Key Questions Answered in the Market Report
What will the market size be in 2030 and what will the growth rate be?
What are the main trends that are positively impacting the growth of the market?
What growth strategies are the players considering to stay in the market?
Which regional market will emerge as a pioneer in the years to come?
Which application segment will experience strong growth?
Who are the key suppliers in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Updated : 2022-08-11 04:19 GMT+08:00
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