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Fast Food and Quick Service Restaurant Market Size & Overview:

Fast Food and Quick Service Restaurant Market Revenue Analysis

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Fast Food and Quick Service Restaurant Market size was valued at USD 248 billion in 2023 and is expected to reach USD 362.25 billion by 2032 and grow at a CAGR of 4.3% over the forecast period 2024-2032.

Busy lifestyles and a desire for grab-and-go meals are fuelling the Fast Food and Quick Service Restaurant (QSR) market. This trend favours Quick Service Restaurants because they offer speedy service and minimal wait times. Technology is further boosting convenience. Mobile ordering apps from major chains like McDonald's and Burger King let customers order ahead and customize their meals, enhancing satisfaction and loyalty. Self-service kiosks are another innovation streamlining the ordering process.

Fast food and Quick Service Restaurant brands are constantly innovating their menus to keep pace with changing customer preferences. This includes introducing healthier options like plant-based alternatives, gluten-free products, and lower-calorie meals. This approach broadens their customer base and caters to dietary trends. The franchise model is another key growth strategy. by franchising, brands can expand geographically with minimal investment and risk, allowing for rapid market penetration.

Concerns about health risks associated with fast food, such as obesity and chronic diseases, are a major hurdle. This has led to increased scrutiny from health organizations and consumer groups, potentially influencing regulations and consumer choices. Additionally, fluctuating prices of essential ingredients like meat and dairy can squeeze profit margins and strain operational costs for QSR operators.

Fast Food and Quick Service Restaurant Market Dynamics:

Key Drivers:

  • Increased competition drives innovation in menu items, promotions, and loyalty programs.

  • Rising consumer demand for convenient and affordable meals, especially in developing economies.

  • Technological advancements like mobile ordering and interactive kiosks streamlining the customer experience.

The rise of technology is revolutionizing how customers interact with Fast Food and Quick Service Restaurants (QSRs). Mobile ordering apps and self-service kiosks are transforming the customer experience by offering convenience, speed, and personalization. Mobile apps allow customers to browse menus, customize orders, and pay for their meals from anywhere, at any time. This eliminates the need to wait in line and provides the flexibility to order ahead for pick-up or delivery. Self-service kiosks, often found within the restaurants, offer a similar advantage. Customers can use touchscreens to browse menus, place orders, and even pay electronically. This not only reduces wait times but also empowers customers to personalize their meals exactly how they like them, with options to add or remove ingredients.

For instance, McDonald's mobile app allows users to save favourite orders and redeem loyalty points, while Domino's app lets customers track their pizza in real-time as it's being made. These advancements not only streamline the ordering process but also cater to the growing tech-savvy generation who value convenience and customization.

Restraints:

  • Growing health concerns are pushing consumers towards fresh and balanced meal options, challenging quick service restaurants to adapt their menus.

  • Rising ingredient costs due to factors like climate change can put pressure on QSRs to maintain menu prices.

  • Rising labour costs can decrease profit margins for restaurants, making it difficult to maintain affordability.

The increasing cost of labour presents a significant hurdle for Fast Food and Quick Service Restaurants (QSRs) in their quest to maintain affordability. A substantial portion of a restaurant's operating expenses goes towards labour costs, encompassing wages, benefits, and other employee-related expenses. When these costs rise, for reasons such as minimum wage increases or a competitive job market for skilled workers, it directly impacts a restaurant's profit margin. The profit margin as the leftover money after covering all the bills, including rent, ingredients, utilities, and most importantly, labour. If labour costs increases without a corresponding rise in sales, restaurants face a situation where their profits decreases or even vanish altogether. To counteract this, QSRs might resort to raising menu prices. However, such a move in a competitive market can deter customers who are already budget-conscious and seeking value for their money. This could lead to a decline in sales volume, further hazarding the profitability. 

Fast Food and Quick Service Restaurant Market Segments:

by Business Model

  • Independent

  • Chain and Franchise

Chain and Franchise is the dominating sub-segment in the Fast Food and Quick Service Restaurant Market by business model holding around 65-70% of market share. This dominance can be attributed to several factors. Firstly, established chains benefit from economies of scale, allowing them to negotiate lower prices on ingredients and supplies. This translates to cost savings that can be passed on to consumers through competitive menu pricing. The franchising allows for rapid expansion and brand recognition across wider geographical areas. Standardized operations and training ensure consistent quality and customer experience across different franchise outlets. The large chains often have significant marketing budgets, allowing them to build strong brand loyalty and customer awareness. While independent restaurants offer unique experiences and local flavours, they often struggle to compete with the cost advantages, consistency, and brand reach of established chains.

Fast-Food-and-Quick-Service-Restaurant-Market-Segmentation-By-Business-Model

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by Service Type

  • Online Service

  • Offline Service

Offline is the dominating sub-segment in the Fast Food and Quick Service Restaurant market by service type. This is primarily due to the inherent convenience and affordability associated with traditional dine-in and take-out options. Offline service allows for a more immediate and social dining experience, which is particularly appealing for families and groups. The take-out offers a quick and easy solution for busy consumers on the go. Online ordering and delivery services, while convenient, often come with additional delivery fees that can inflate the overall cost of the meal. However, the online segment is rapidly growing, and as technology advances and delivery models become more efficient, it is likely to play an increasingly important role in the future of the QSR market.

by Cuisine

  • American

  • Chinese

  • Italian

  • Mexican

  • Japanese

  • Turkish & Lebanese

  • Others

by Product Type

  • Burger and Sandwiches

  • Pizzas and Pastas

  • Drinks and Desserts

  • Chicken and Seafood

  • Others

Fast Food and Quick Service Restaurant Market Regional Analyses

North America is the dominating region in the Fast Food and Quick Service Restaurant market holding around 40-45% of market share. This region has a long history of established fast-food chains with strong brand recognition and extensive franchise networks. The busy lifestyles and a high disposable income in developed economies like the US fuel demand for convenient and affordable meal options. The well-developed infrastructure for food delivery services further contributes to market growth.

Europe is the second highest region in this market, boasting a diverse landscape with established players and regional chains. Europe experiences a high demand for convenient dining options due to busy lifestyles and growing urbanization. European consumers often seek a higher quality and more diverse fast-food experience compared to North America, leading to the success of regional chains with unique offerings.

The Asia Pacific region is experiencing the fastest growth in this market with the CAGR of 6-8%. Rapidly growing middle class with rising disposable incomes creates a demand for convenient and affordable dining options. The urbanization and increased internet penetration fuel the adoption of online food ordering and delivery services. The young population comfortable with technology is driving the growth of the quick service restaurant market in this region.

Fast-Food-and-Quick-Service-Restaurant-Market-By-Region

Regional Coverage:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Fast Food and Quick Service Restaurant Market Key Players

The major key players are Carrols Restaurant Group, Inc., Yum! Brands, Darden Concepts, Inc., McDonald's, Ark Restaurant Corp., DEL TACO RESTAURANT, INC., Restaurant Brands International Inc., Kotipizza Group Oyj, Chipotle Mexican Grill, DD IP Holder LLC, JACK IN THE BOX INC, The Wendy's Company and other key players.

McDonald's,-Company Financial Analysis

Company Landscape Analysis

Fast Food and Quick Service Restaurant Market Recent Development

  • In June 2024: Devyani International, a major QSR operator in India, announced a joint venture with PVR Inox, a leading multiplex operator. This partnership aims to develop and manage food courts within shopping malls across India. This development highlights the growing focus on convenience and a wider variety of food options within shopping centres, catering to a captive audience of moviegoers and shoppers.

  • In June 2024: Flipkart, a major e-commerce platform in India, integrating with Open Network for Digital Commerce (ONDC). This integration could potentially allow Flipkart users to order food directly from various QSR and restaurant outlets through the Flipkart app. This development signifies a potential disruption in the online food ordering landscape, with established players like Zomato and Swiggy facing increased competition.

Fast Food and Quick Service Restaurant Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 248 Billion
Market Size by 2032 US$ 362.25 Billion
CAGR CAGR of 4.3 % From 2024 to 2031
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Business Model (Independent, Chain And Franchise)
• By Service Type (Online Service, Offline Service)
• By Cuisine (American, Chinese, Italian, Mexican, Japanese, Turkish & Lebanese, Others )
• By Product Type (Burger and Sandwiches, Pizzas and Pastas, Drinks and Desserts, Chicken and Seafood, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Carrols Restaurant Group, Inc., Yum! Brands, Darden Concepts, Inc., McDonald's, Ark Restaurant Corp., DEL TACO RESTAURANT, INC., Restaurant Brands International Inc., Kotipizza Group Oyj, Chipotle Mexican Grill, DD IP Holder LLC, JACK IN THE BOX INC, The Wendy's Company
Key Drivers • Increased competition drives innovation in menu items, promotions, and loyalty programs.
• Rising consumer demand for convenient and affordable meals, especially in developing economies.
• Technological advancements like mobile ordering and interactive kiosks streamlining the customer experience.
Restraints • Growing health concerns are pushing consumers towards fresh and balanced meal options, challenging quick service restaurants to adapt their menus.
• Rising ingredient costs due to factors like climate change can put pressure on QSRs to maintain menu prices.
• Rising labour costs can decrease profit margins for restaurants, making it difficult to maintain affordability.

Frequently Asked Questions

Ans: The expected CAGR of the global Fast Food and Quick Service Restaurant Market during the forecast period is 4.3%.

Ans: The Fast Food and Quick Service Restaurant Market was valued at USD 248 billion in 2023.

Ans: Busy lifestyles, convenience, affordability, and technology adoption in ordering and delivery are key drivers.

Ans: Mobile ordering apps and self-service kiosks offer convenience, speed, and personalization.

Ans: Health concerns, rising ingredient costs, and labour costs are major restraints.

TABLE OF CONTENTS

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges

5. Porter’s 5 Forces Model

6. Pest Analysis

7. Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
7.1 Introduction
7.2 Independent
7.3 Chain and Franchise

8. Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
8.1 Introduction
8.2 Online Service
8.3 Offline Service

9. Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
9.1 Introduction
9.2 American
9.3 Chinese
9.4 Italian
9.5 Mexican
9.6 Japanese
9.7 Turkish & Lebanese
9.8 Others

10. Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
10.1 Introduction
10.2 Burger and Sandwiches
10.3 Pizzas and Pastas
10.4 Drinks and Desserts
10.5 Chicken and Seafood
10.6 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Fast Food and Quick Service Restaurant Market, by Country
11.2.3 North America Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.2.4 North America Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.2.5 North America Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.2.6 North America Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.2.7 USA
11.2.7.1 USA Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.2.7.2 USA Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.2.7.3 USA Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.2.7.4 USA Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.2.8 Canada
11.2.8.1 Canada Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.2.8.2 Canada Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.2.8.3 Canada Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.2.8.4 Canada Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.2.9 Mexico
11.2.9.1 Mexico Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.2.9.2 Mexico Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.2.9.3 Mexico Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.2.9.4 Mexico Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Fast Food and Quick Service Restaurant Market, by Country
11.3.2.2 Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.3 Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.4 Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.5 Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.2.6 Poland
11.3.2.6.1 Poland Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.6.2 Poland Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.6.3 Poland Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.6.4 Poland Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.2.7 Romania
11.3.2.7.1 Romania Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.7.2 Romania Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.7.3 Romania Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.7.4 Romania Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.2.8 Hungary
11.3.2.8.1 Hungary Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.8.2 Hungary Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.8.3 Hungary Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.8.4 Hungary Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.2.9 Turkey
11.3.2.9.1 Turkey Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.9.2 Turkey Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.9.3 Turkey Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.9.4 Turkey Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.2.10 Rest of Eastern Europe
11.3.2.10.1 Rest of Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.2.10.2 Rest of Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.2.10.3 Rest of Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.2.10.4 Rest of Eastern Europe Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3 Western Europe
11.3.3.1 Western Europe Fast Food and Quick Service Restaurant Market, by Country
11.3.3.2 Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.3 Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.4 Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.5 Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.6 Germany
11.3.3.6.1 Germany Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.6.2 Germany Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.6.3 Germany Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.6.4 Germany Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.7 France
11.3.3.7.1 France Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.7.2 France Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.7.3 France Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.7.4 France Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.8 UK
11.3.3.8.1 UK Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.8.2 UK Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.8.3 UK Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.8.4 UK Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.9 Italy
11.3.3.9.1 Italy Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.9.2 Italy Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.9.3 Italy Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.9.4 Italy Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.10 Spain
11.3.3.10.1 Spain Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.10.2 Spain Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.10.3 Spain Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.10.4 Spain Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.11 Netherlands
11.3.3.11.1 Netherlands Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.11.2 Netherlands Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.11.3 Netherlands Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.11.4 Netherlands Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.12 Switzerland
11.3.3.12.1 Switzerland Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.12.2 Switzerland Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.12.3 Switzerland Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.12.4 Switzerland Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.13 Austria
11.3.3.13.1 Austria Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.13.2 Austria Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.13.3 Austria Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.13.4 Austria Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.3.3.14 Rest of Western Europe
11.3.3.14.1 Rest of Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.3.3.14.2 Rest of Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.3.3.14.3 Rest of Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.3.3.14.4 Rest of Western Europe Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia-Pacific Fast Food and Quick Service Restaurant Market, by Country
11.4.3 Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.4 Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.5 Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.6 Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.7 China
11.4.7.1 China Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.7.2 China Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.7.3 China Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.7.4 China Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.8 India
11.4.8.1 India Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.8.2 India Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.8.3 India Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.8.4 India Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.9 Japan
11.4.9.1 Japan Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.9.2 Japan Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.9.3 Japan Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.9.4 Japan Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.10 South Korea
11.4.10.1 South Korea Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.10.2 South Korea Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.10.3 South Korea Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.10.4 South Korea Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.11 Vietnam
11.4.11.1 Vietnam Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.11.2 Vietnam Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.11.3 Vietnam Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.11.4 Vietnam Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.12 Singapore
11.4.12.1 Singapore Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.12.2 Singapore Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.12.3 Singapore Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.12.4 Singapore Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.13 Australia
11.4.13.1 Australia Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.13.2 Australia Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.13.3 Australia Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.13.4 Australia Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.4.14 Rest of Asia-Pacific
11.4.14.1 Rest of Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.4.14.2 Rest of Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.4.14.3 Rest of Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.4.14.4 Rest of Asia-Pacific Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Fast Food and Quick Service Restaurant Market, by Country
11.5.2.2 Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.3 Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.4 Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.5 Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.2.6 UAE
11.5.2.6.1 UAE Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.6.2 UAE Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.6.3 UAE Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.6.4 UAE Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.2.7 Egypt
11.5.2.7.1 Egypt Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.7.2 Egypt Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.7.3 Egypt Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.7.4 Egypt Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.2.8 Saudi Arabia
11.5.2.8.1 Saudi Arabia Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.8.2 Saudi Arabia Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.8.3 Saudi Arabia Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.8.4 Saudi Arabia Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.2.9 Qatar
11.5.2.9.1 Qatar Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.9.2 Qatar Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.9.3 Qatar Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.9.4 Qatar Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.2.10 Rest of Middle East
11.5.2.10.1 Rest of Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.2.10.2 Rest of Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.2.10.3 Rest of Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.2.10.4 Rest of Middle East Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.3 Africa
11.5.3.1 Africa Fast Food and Quick Service Restaurant Market, by Country
11.5.3.2 Africa Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.3.3 Africa Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.3.4 Africa Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.3.5 Africa Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.3.6 Nigeria
11.5.3.6.1 Nigeria Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.3.6.2 Nigeria Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.3.6.3 Nigeria Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.3.6.4 Nigeria Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.3.7 South Africa
11.5.3.7.1 South Africa Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.3.7.2 South Africa Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.3.7.3 South Africa Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.3.7.4 South Africa Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.5.3.8 Rest of Africa
11.5.3.8.1 Rest of Africa Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.5.3.8.2 Rest of Africa Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.5.3.8.3 Rest of Africa Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.5.3.8.4 Rest of Africa Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Fast Food and Quick Service Restaurant Market, by Country
11.6.3 Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.6.4 Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.6.5 Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.6.6 Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.6.7 Brazil
11.6.7.1 Brazil Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.6.7.2 Brazil Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.6.7.3 Brazil Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.6.7.4 Brazil Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.6.8 Argentina
11.6.8.1 Argentina Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.6.8.2 Argentina Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.6.8.3 Argentina Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.6.8.4 Argentina Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.6.9 Colombia
11.6.9.1 Colombia Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.6.9.2 Colombia Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.6.9.3 Colombia Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.6.9.4 Colombia Fast Food and Quick Service Restaurant Market Segmentation, by Product Type
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Business Model
11.6.10.2 Rest of Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Service Type
11.6.10.3 Rest of Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Cuisine
11.6.10.4 Rest of Latin America Fast Food and Quick Service Restaurant Market Segmentation, by Product Type

12. Company Profiles
12.1 Carrols Restaurant Group, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 The SNS View
12.2 Yum! Brands
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 The SNS View
12.3 Darden Concepts, Inc.
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 The SNS View
12.4 McDonald's
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 The SNS View
12.5 Ark Restaurant Corp.
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 The SNS View
12.6 DEL TACO RESTAURANT, INC.
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 The SNS View
12.7 Restaurant Brands International Inc.
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 The SNS View
12.8 Kotipizza Group Oyj
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 The SNS View
12.9 Chipotle Mexican Grill
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 The SNS View
12.10 DD IP Holder LLC
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


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