Quick Service Restaurants Market Size to Grow by USD 119.20 billion | American Dairy Queen Corp. and Chick-fil-A Inc. Among Key Vendors | Technavio
NEW YORK, May 3, 2022 /PRNewswire/ -- The Quick Service Restaurants Market is segmented by service (eat-in service, takeaway service, drive-thru service, and home delivery service) and geography (North America, APAC, Europe, South America, and MEA). The market share is expected to increase by USD 119.20 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.55%.
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Parent Market Analysis
Technavio categorizes the global Quick Service Restaurants Market as a part of the global restaurants market within the overall hotels, restaurants, and leisure market within the global consumer discretionary market. The global restaurants market covers companies, owners, and operators of restaurants, hotels, bars, pubs, fast-food joints, take-out facilities, and food catering services. To know more about the levels of growth of the quick service restaurants market throughout the forecast period, Download a sample report.
Quick Service Restaurants Market Value Chain Analysis
The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
To unlock information about vendor drive costs and customer service, download our sample report.
Vendor Insights
The quick service restaurants market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the best of the opportunity, the market vendors should focus more on the fast-growing segments' growth prospect while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of vendors operating in the quick service restaurants market, including some of the vendors such as American Dairy Queen Corp., Chick-fil-A Inc., Doctors Associates LLC, Dominos Pizza Inc., Dunkin Brands Group Inc., Inspire Brands Inc., McDonald Corp., Starbucks Coffee Company, The Wendys Co., and YUM Brands Inc. among others.
Backed with competitive intelligence and benchmarking, our research reports on the quick service restaurants market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Product Insights and News
- American Dairy Queen Corp. - The company offers a wide range of snacks, meals, and beverages through its chain of quick service restaurants named Dairy Queen.
- Chick-fil-A Inc. - The company offers a wide range of snacks and meal options through its chain of quick service restaurants named Chick-fill-A.
- Doctors Associates LLC - The company offers a wide range of snacks, meals, and breakfast through its chain of quick service restaurants named Subway.
The Quick Service Restaurants Market forecast report offers in-depth insights into key vendor profiles and offerings – Download a Sample Report
Key Market Dynamics-
- Quick Service Restaurants Market Key Drivers:
- Rise in the number of quick service restaurants
The number of quick service restaurants is increasing, mainly due to the rising demand for fast food in emerging economies. Hence, fast-food chains are expanding domestically and internationally. Varied tastes and preferences for different types of premium coffee have further led to the emergence of specialty coffee shops. Moreover, growth in infrastructure, such as new airports and expressways in developing countries, gives scope to the major coffee chains to establish their outlets.
Download a report sample for highlights on market Drivers & Trends impacting the Quick Service Restaurants Market.
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Quick Service Restaurants Market | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 3.55% |
Market growth 2022-2026 | USD 119.20 billion |
Market structure | Fragmented |
YoY growth (%) | 2.87 |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | American Dairy Queen Corp., Chick-fil-A Inc., Doctors Associates LLC, Dominos Pizza Inc., Dunkin Brands Group Inc., Inspire Brands Inc., McDonald Corp., Starbucks Coffee Company, The Wendys Co., and YUM Brands Inc. among others. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market Characteristics
2.2 Value chain analysis
Exhibit 03: Value Chain Analysis: Education Services
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Services
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five forces analysis
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5. Market Segmentation by Service
The segments covered in this chapter are:
- Eat-in service
- Takeaway service
- Drive-thru service
- Home delivery service
5.1 Market segments
Exhibit 15: Service - Market share 2020-2025 (%)
5.2 Comparison by Service
Exhibit 16: Comparison by Service
5.3 Eat-in service - Market size and forecast 2020-2025
Exhibit 17: Eat-in service - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Eat-in service - Year-over-year growth 2020-2025 (%)
5.4 Takeaway service - Market size and forecast 2020-2025
Exhibit 19: Takeaway service - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Takeaway service - Year-over-year growth 2020-2025 (%)
5.5 Drive-thru service - Market size and forecast 2020-2025
Exhibit 21: Drive-thru service - Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Drive-thru service - Year-over-year growth 2020-2025 (%)
5.6 Home delivery service - Market size and forecast 2020-2025
Exhibit 23: Home delivery service - Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Home delivery service - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by Service
Exhibit 25: Market opportunity by Service
6. Customer landscape
Technavio's customer landscape matrix comparing Drivers of price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rates and Key purchase criteria
Exhibit 26: Customer landscape
7. Geographic Landscape
The regions covered in the report are:
- North America
- APAC
- Europe
- South America
- MEA
The five regions have been ranked based on their market size in 2020. North America ranked first as the largest region, while MEA was the smallest region in 2020. In 2025, the five regions will maintain their position as that of 2020.
7.1 Geographic segmentation
Exhibit 27: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 28: Geographic comparison
7.3 North America - Market size and forecast 2020-2025
Exhibit 29: North America - Market size and forecast 2020-2025 ($ billion)
Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
7.4 APAC - Market size and forecast 2020-2025
Exhibit 31: APAC - Market size and forecast 2020-2025 ($ billion)
Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
7.5 Europe - Market size and forecast 2020-2025
Exhibit 33: Europe - Market size and forecast 2020-2025 ($ billion)
Exhibit 34: Europe - Year-over-year growth 2020-2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 35: South America - Market size and forecast 2020-2025 ($ billion)
Exhibit 36: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 37: MEA - Market size and forecast 2020-2025 ($ billion)
Exhibit 38: MEA - Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 39: Key leading countries
7.9 Market opportunity by geography
Exhibit 40: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rise in the number of quick service restaurants
8.1.2 Changing lifestyles and rise in demand for on-the-go food
8.1.3 Growing innovation and customization in food menu
8.2 Market challenges
8.2.1 Fluctuations in raw material prices
8.2.2 Growing preference for home-cooked food
8.2.3 Risks associated with suppliers
Exhibit 41: Impact of drivers and challenges
8.3 Market trends
8.3.1 Innovations in packaging and serving of food
8.3.2 Rise in demand for nutritious foods and drinks
8.3.3 Growing popularity of online and mobile app-based food ordering
9. Vendor Landscape
9.1 Overview
Exhibit 42: Vendor landscape
9.2 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 43: Landscape disruption
Exhibit 44: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 45: Vendors covered
10.2 Market positioning of vendors
Exhibit 46: Market positioning of vendors
10.3 American Dairy Queen Corp.
Exhibit 47: American Dairy Queen Corp. - Overview
Exhibit 48: American Dairy Queen Corp. - Product and service
Exhibit 49: American Dairy Queen Corp. - Key offerings
10.4 Chick-fil-A Inc.
Exhibit 50: Chick-fil-A Inc. - Overview
Exhibit 51: Chick-fil-A Inc. - Product and service
Exhibit 52: Chick-fil-A Inc.- Key news
Exhibit 53: Chick-fil-A Inc. - Key offerings
10.5 Doctors Associates LLC
Exhibit 54: Doctors Associates LLC - Overview
Exhibit 55: Doctors Associates LLC - Product and service
Exhibit 56: Doctors Associates LLC- Key news
Exhibit 57: Doctors Associates LLC - Key offerings
10.6 Domino's Pizza Inc.
Exhibit 58: Domino's Pizza Inc. - Overview
Exhibit 59: Domino's Pizza Inc. - Business segments
Exhibit 60: Domino's Pizza Inc. - Key offerings
Exhibit 61: Domino's Pizza Inc. - Segment focus
10.7 Dunkin Brands Group Inc.
Exhibit 62: Dunkin Brands Group Inc. - Overview
Exhibit 63: Dunkin Brands Group Inc. - Business segments
Exhibit 64: Dunkin Brands Group Inc. - Key offerings
Exhibit 65: Dunkin Brands Group Inc. - Segment focus
10.8 Inspire Brands Inc.
Exhibit 66: Inspire Brands Inc. - Overview
Exhibit 67: Inspire Brands Inc. - Product and service
Exhibit 68: Inspire Brands Inc.- Key news
Exhibit 69: Inspire Brands Inc. - Key offerings
10.9 McDonald Corp.
Exhibit 70: McDonald Corp. - Overview
Exhibit 71: McDonald Corp. - Product and service
Exhibit 72: McDonalds Corp.- Key news
Exhibit 73: McDonald Corp. - Key offerings
10.10 Starbucks Coffee Company
Exhibit 74: Starbucks Coffee Company - Overview
Exhibit 75: Starbucks Coffee Company - Business segments
Exhibit 76: Starbucks Corp.- Key news
Exhibit 77: Starbucks Coffee Company - Key offerings
Exhibit 78: Starbucks Coffee Company - Segment focus
10.11 The Wendys Co.
Exhibit 79: The Wendys Co. - Overview
Exhibit 80: The Wendys Co. - Business segments
Exhibit 81: The Wendys Co. - Key offerings
Exhibit 82: The Wendys Co. - Segment focus
10.12 YUM Brands Inc.
Exhibit 83: YUM Brands Inc. - Overview
Exhibit 84: YUM Brands Inc. - Business segments
Exhibit 85: YUM Brands Inc. - Key offerings
Exhibit 86: YUM Brands Inc. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 87: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 88: Research Methodology
Exhibit 89: Validation techniques employed for market sizing
Exhibit 90: Information sources
11.4 List of abbreviations
Exhibit 91: List of abbreviations
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