Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Quick Service Restaurants Market: By Service Type: Self-Serviced, Assisted Self Serviced, Full Serviced; By Category: Single Outlet, QSR Chain; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Quick Service Restaurants Market Outlook
The global quick service restaurants market attained a value of about USD 447.1 billion in 2021. The market is further expected to grow at a CAGR of 3.73% during the forecast period of 2022-2027 to reach nearly USD 556.9 billion by 2027.
The Versatility of Quick Service Restaurants is Boosting the Growth of the Market
The global market for quick service restaurants is being driven by the rise in demand for fast food items by the working, millennial, and Gen-Z populations. In recent years, quick service restaurants have emerged as preferred eating joints owing to the variety of food items available at cost effective prices and the augmented demand for ready-to-eat and on-the-go food items. The market growth can also be associated with the increasing market penetration of these restaurants in places like shopping centres and airports. As products offered by quick service restaurants are easy to eat, the presence of these restaurants at commercial places is a key factor driving the growth of the market.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Moreover, owing to the ever-changing demand from consumers and the growing preference for healthier food products, most restaurant chains have restructured their menus to include healthy and vegan food items. This is another significant factor propelling the growth of the market. In addition to this, the adoption of sustainable packaging in the wake of rising environmental concerns, the market is further witnessing growth.
Quick Service Restaurants: Market Segmentation
Quick service restaurants are fast food chains that specialise in preparing food in as little time as possible as the food is prepared in mass quantities.
On the basis of service type, the market can be divided into:
- Self-Serviced
- Assisted Self Serviced
- Full Serviced
Based on category, the market can be segmented into:
- Single Outlet
- QSR Chain
The EMR report looks into the regional markets of quick service restaurants like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Incorporation of Technology to Augment Sales is Bolstering the Market Growth of Quick Service Restaurants
The global market for quick service restaurants is being positively influenced by the advent of technology. The boom of online food delivery owing to its convenience, variety, and the rising market penetration of smartphones and internet accessibility is a major factor enhancing the market growth of quick service restaurants. The online food delivery industry further surged amidst the COVID-19 pandemic, thereby providing impetus to the market growth of quick service restaurants. Furthermore, technologies such as self-ordering kiosks and kitchen display screens with user-friendly interfaces are further pushing the growth of the market.
The growth in the market can also be associated with the upgradation of drive-thru ordering system. The integration of advanced technology like artificial intelligence (AI) by leading market players to propel the drive thru process is augmenting the sales of quick service restaurants, thereby boosting the growth of the market. In addition to this, the introduction of unique packaging techniques, such as innovative cup designs, to prevent spilling during transportation, is also aiding the market growth. Such developments in the quick service restaurant industry are providing impetus to the market growth.
Key Industry Players in the Global Quick Service Restaurants Market
The report presents a detailed analysis of the following key players in the global quick service restaurants market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- Subway IP LLC
- McDonald's Corporation
- Restaurant Brands International Inc.
- Yum! Brands, Inc.
- The Wendy's Company
- Domino's Pizza, Inc.
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Service Type, Category, Region |
| Breakup by Service Type | Self-Serviced, Assisted Self Serviced, Full Serviced |
| Breakup by Category | Single Outlet, QSR Chain |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Subway IP LLC, McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., The Wendy's Company, Domino's Pizza, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Quick Service Restaurants Market Analysis
8.1 Key Industry Highlights
8.2 Global Quick Service Restaurants Historical Market (2017-2021)
8.3 Global Quick Service Restaurants Market Forecast (2022-2027)
8.4 Global Quick Service Restaurants Market by Service Type
8.4.1 Self-Serviced
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Assisted Self Serviced
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Full Serviced
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Quick Service Restaurants Market by Category
8.5.1 Single Outlet
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 QSR Chain
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Quick Service Restaurants Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Subway IP LLC
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 McDonald's Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Restaurant Brands International Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Yum! Brands, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 The Wendy's Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Domino's Pizza, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Quick Service Restaurants Market: Key Industry Highlights, 2017 and 2027
2. Global Quick Service Restaurants Historical Market: Breakup by Service Type (USD Billion), 2017-2021
3. Global Quick Service Restaurants Market Forecast: Breakup by Service Type (USD Billion), 2022-2027
4. Global Quick Service Restaurants Historical Market: Breakup by Category (USD Billion), 2017-2021
5. Global Quick Service Restaurants Market Forecast: Breakup by Category (USD Billion), 2022-2027
6. Global Quick Service Restaurants Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Quick Service Restaurants Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Quick Service Restaurants Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Quick Service Restaurants Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Quick Service Restaurants Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Quick Service Restaurants Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Quick Service Restaurants Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Quick Service Restaurants Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Quick Service Restaurants Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Quick Service Restaurants Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Quick Service Restaurants Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Quick Service Restaurants Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Quick Service Restaurants Market Structure
Key Questions Answered in the Report
The global quick service restaurants market attained a value of nearly USD 447.1 billion in 2021.
The market is projected to grow at a CAGR of 3.73% in the forecast period of 2022-2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 556.9 billion by 2027.
The market is being driven by the rising demand for ready-to-eat food options owing to busy lifestyles, versatility of menus, and the strong market penetration of quick service restaurants.
The market growth can be associated with the incorporation of advanced technology like self-ordering kiosks and the use of artificial intelligence to streamline the food ordering process.
The major regional markets for quick service restaurants are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The service types of quick service restaurants are self-serviced, assisted self-serviced, and full serviced.
The major categories of quick service restaurants are single outlet and QSR chain.
The major players in the industry are Subway IP LLC, McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., The Wendy's Company, and Domino's Pizza, Inc., among others.
Analyst Review
The global quick service restaurants market attained a value of about USD 447.1 billion in 2021, driven by the versatility of menus offered by quick service restaurants. Aided by the rising focus on technological driven operations, the market is expected to grow at a CAGR of 3.73% in the forecast period of 2022-2027 to reach nearly USD 556.9 billion by 2027.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. On the basis of service type, the market can be divided into self-serviced, assisted self-serviced, and full serviced. Based on category, the market can be categorised into single outlet and QSR chain. The major regional markets for quick service restaurants are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Subway IP LLC, McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., The Wendy's Company, and Domino's Pizza, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global fast casual restaurant market attained a value of USD 135.6 billion in 2020, driven by the heightened deployment of innovative production strategies. Aided by increased investments in the f...
The global probiotics market attained a value of about USD 55.6 billion in 2020, driven by increasing customer awareness about the product health benefits. Aided by the growing innovations in the prod...
The global functional food market attained a value of USD 170.2 billion in 2020, driven by the growing consumer demand for nutrient rich and fortified food products. Aided by the rising popularity of ...
The global food service equipment market attained a value of about USD 30.4 billion, driven by the rapid emergence of quick service restaurants. Aided by technological integration to optimise producti...
The global bacon market is being driven by the growing prevalence of various dietary trends. Aided by the rising popularity of meat-free bacon, the market is expected to witness a healthy growth in th...
NEWSLETTER