Fast-Food Market Trends 2024 | Growth, Share, Size, Demand and Future Scope 2032

The latest report by IMARC Group, titled “Fast-Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global fast food market size reached US$ 863.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,277.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.45% during 2024-2032.

Fast food refers to readily prepared and quickly served food items typically offered by restaurants and chains. These meals are known for their convenience and speed of service, often designed for takeout or consumption on the go. Fast food menus usually feature items such as burgers, fries, pizza, fried chicken, and sandwiches, typically high in calories, sugars, and fats. While fast food can be affordable and readily available, it has garnered concerns about its nutritional content and its association with health issues like obesity and heart disease. At present, fast food is gaining immense traction across the globe due to busy lifestyles and the globalization of cuisine.  

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/fast-food-market/requestsample

Fast-Food Market Trends and Drivers:

The global fast-food market is primarily driven by the rising demand for quick and easily accessible food options due to changing consumer lifestyles, characterized by busier schedules and a preference for convenience. Moreover, the globalization of fast-food chains, offering familiar menus and brand consistency across different countries, has catalyzed market growth. Apart from this, numerous innovations in menu offerings, including healthier options and customization that cater to evolving consumer preferences, are another major growth-inducing factor. Additionally, the rapid expansion of delivery and online ordering services that enhance convenience has catalyzed market growth. Furthermore, the increasing marketing and promotional strategies, along with competitive pricing, are contributing to market growth. 

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Pizza/Pasta
  • Burger/Sandwich
  • Chicken
  • Asian/Latin American Food
  • Seafood
  • Others

Breakup by End User:

  • Food-Service Restaurants
  • Quick Service Restaurants
  • Caterings
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Auntie Anne's (Focus Brands LLC)
  • Chipotle Mexican Grill Inc.
  • CKE Restaurants Holdings Inc.
  • Domino's
  • Jack in the Box
  • Little Caesar Enterprises Inc.
  • McDonald's
  • Papa John's International Inc.
  • Restaurant Brands International Inc.
  • Subway
  • The Wendy's Company
  • Yum! Brands Inc.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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