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Quick Service Restaurant Market By Application (Individual Restaurants, Chain Restaurants) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027

Published: Dec 2019 | Report Code: 60113-12-19

Reinvention of Customer Experience is Driving the Quick Service Restaurant Market

The quick service restaurant market worldwide is expected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027, starting from US$ 1.34 Tn in 2018. The prerequisite for reinventing customer experience, improved demand for self-service options and escalating awareness for the same among the consumers is driving the quick service restaurant market. A quick service restaurant acts as a fast food cuisine provider and has nominal table service. The adoption of smartphones and downloadable applications has led to various innovations in the quick service restaurant. Hence, we expect that the quick service restaurant market will show significant growth during the forecast period.

Market Synopsis

Quick Service Restaurant Market

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Chain Restaurant based Segment will Led the Market

The quick service based restaurant market is segmented into individual and chain restaurants based on type. Chain restaurants hold a significant share in the quick service restaurant market. The growing adult population is inclined towards the eat-in. The trend of corporate parties, social meetup and outings had contributed significantly to the restaurant trend. The increased adoption of smartphones and internet penetration shall facilitate the use of review based opinions and thus fostering revenue for a well-established chain of restaurants. Thus, we expect that the chain restaurants segment shall continue holding a significant share in the quick service restaurant market during the forecast period 2019-2027.

Quick Service Restaurant Market

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Asia Pacific to Possess Significant share during the Forecast Period

In 2018, Asia Pacific has a significant share in the global quick service restaurant market. Growing urbanization and rising awareness among the people towards ready to eat meal is driving the growth of the market in the region. Owing to increasing demand for ready-to-eat meals among the consumers and cumulative number of service providers in the region the quick service restaurant market shall expand. Changing life style pattern, food safety norms and awareness towards healthy eating is driving the growth of quick service restaurant market in the growing economies say India and China. Thus, Asia Pacific shall continue to dominate share in the quick service restaurant market throughout the forecast period.

Quick Service Restaurant Market

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Some of the prominent players operating in the quick service restaurant market Chick-fil-A, Domino’s, Dunkin' Brands Group, McDonald’s, Starbucks, Subway, The Wendy’s Company, Yum! Brands among others.

Quick Service Restaurant Market

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The quick service restaurant market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global quick service restaurant market based on application and geography. Key segments covered in the report are as follows: 

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Tillion
Segmentation

 Type (2017–2027; US$ Tn)
 • Individual Restaurants
 • Chain Restaurants

 Geography Segment (2017–2027; US$ Tn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of quick service restaurant in 2018 and forecast up to 2027?
  • Which is the largest regional market for quick service restaurant?
  • What are the major trends followed in overall quick service restaurant across different regions?
  • Who are the key quick service restaurant companies leading the market?
  • What are the key strategies adopted by the leading quick service restaurant companies in market?

Unique data points of this report

  • Recent trends across different regions in terms of adoption of quick service restaurant across various applications
  • Notable developments going on in quick service restaurant market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global QSR Market
2.2. Global QSR Market, by Application, 2018 (US$ Bn)
2.3. Global QSR MENT Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global QSR Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Quick Service Restaurant (QSR) Market, by Application, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Individual Restaurants
4.3. Chain Restaurants

5. North America Quick Service Restaurant (QSR) Market Analysis, 2017-2027 (US$ Bn)
5.1. Overview
5.1.1. North America QSR Market Value and Growth, 2017-2027, (US$ Bn)
5.2. North America QSR Market Value, By Application, 2017-2027 (US$ Bn)
5.2.1. Market Analysis
5.3. North America QSR Market Value, By Region/Country, 2017-2027 (US$ Bn)
5.3.1. Market Analysis
5.3.2. U.S.
5.3.3. Rest of North America

6. Europe Quick Service Restaurant (QSR) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. Europe QSR Market Value and Growth, 2017-2027, (US$ Bn)
6.2. Europe QSR Market Value, By Application, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. Europe QSR Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.3.2. U.K.
6.3.3. Germany
6.3.4. France
6.3.5. Rest of Europe

7. Asia Pacific Quick Service Restaurant (QSR) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Asia Pacific QSR Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Asia Pacific QSR Market Value, By Application, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Asia Pacific QSR Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.3.2. Japan
7.3.3. China
7.3.4. India
7.3.5. Rest of Asia Pacific

8. Rest of the World Quick Service Restaurant (QSR) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Rest of the World QSR Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Rest of the World QSR Market Value, By Application, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.2.2.
8.3. Rest of the World QSR Market Value, By Region, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.3.2. Middle East & Africa
8.3.3. Latin America

9. Company Profiles
9.1. Chick-fil-A
9.2. Domino’s
9.3. Dunkin' Brands Group
9.4. McDonald’s
9.5. Restaurant Brands International
9.6. Starbucks
9.7. Subway
9.8. The Wendy’s Company
9.9. Yum! Brands

* Here we are using QSR as a short form of Quick Service Restaurant

FIG. 1 Global Quick Service Restaurant (QSR) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global QSR Market Segmentation
FIG. 4 Global QSR Market, by Application, 2018 (US$ Bn)
FIG. 5 Global QSR Market, by Geography, 2018 (US$ Bn)
FIG. 6 Attractive Investment Proposition, by Geography, 2018
FIG. 7 Global Market Positioning of Key QSR Market Manufacturers, 2018
FIG. 8 Global QSR Market, by Individual Restaurants , Value, 2017–2027 (US$ Bn)
FIG. 9 Global QSR Market, by Chain Restaurants, Value, 2017–2027 (US$ Bn)
FIG. 10 U.S. QSR Market, 2017–2027 (US$ Bn)
FIG. 11 Canada QSR Market, 2017–2027 (US$ Bn)
FIG. 12 U.K. QSR Market, 2017–2027 (US$ Bn)
FIG. 13 Germany QSR Market, 2017–2027 (US$ Bn)
FIG. 14 France QSR Market, 2017–2027 (US$ Bn)
FIG. 15 Italy QSR Market, 2017–2027 (US$ Bn)
FIG. 16 Rest of Europe QSR Market, 2017–2027 (US$ Bn)
FIG. 17 Japan QSR Market, 2017–2027 (US$ Bn)
FIG. 18 China QSR Market, 2017–2027 (US$ Bn)
FIG. 19 India QSR Market, 2017–2027 (US$ Bn)
FIG. 20 Rest of Asia Pacific QSR Market, 2017–2027 (US$ Bn)
FIG. 21 Middle East & Africa QSR Market, 2017–2027 (US$ Bn)
FIG. 22 Latin America QSR Market, 2017–2027 (US$ Bn)

TABLE 1 Market Snapshot: Global Quick Service Restaurant (QSR) Market
TABLE 2 Global QSR Market, by Application, 2017–2027 (US$ Bn)
TABLE 3 Global QSR Market, by Consumer, 2017–2027 (US$ Bn)
TABLE 4 Global QSR Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America QSR Market, by Application, 2017–2027 (US$ Bn)
TABLE 6 North America QSR Market, by Country, 2017–2027 (US$ Bn)
TABLE 7 Europe QSR Market, by Application, 2017–2027 (US$ Bn)
TABLE 8 Europe QSR Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 9 Asia Pacific QSR Market, by Application, 2017–2027 (US$ Bn)
TABLE 10 Asia Pacific QSR Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 11 RoW QSR Market, by Application, 2017–2027 (US$ Bn)
TABLE 12 RoW QSR Market, by Country/Region, 2017–2027 (US$ Bn)

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