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Quick Service Restaurants Market by Service and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 120
  • SKU: IRTNTR43556
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Quick Service Restaurants market growth will increase by $107.69 billion during 2022-2026.
The quick service restaurants market is expected to grow at a CAGR of 3.62% during 2022-2026.
Technavio has segmented the quick service restaurants market by service (Eat-in service, Takeaway service, Drive-thru service, and Home delivery service) and geographic (North America, APAC, Europe, South America, Middle East and Africa, North America, APAC, Europe, South America, and MEA).
Ark Restaurant Corp., ArmyNavy Burger Inc., Bloomin Brands Inc., BonChon Chicken Philippines, Bounty Agro Ventures Inc., Carrols Restaurant Group Inc., Chipotle Mexican Grill Inc., Goldilocks Filipino Cuisine, Honeybee Foods Corp., McDonald Corp., Restaurant Brands International Inc., Shakeys Pizza Asia Ventures Inc., Starbucks Co., The Subway Group, The Wendys Co., YUM Brands Inc. are a few of the key vendors in the quick service restaurants market.
North America will register the highest growth rate of 42.9% among the other regions. Therefore, the quick service restaurants market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the quick service restaurants market growth are:
  • Rise in the number of quick service restaurants
  • Innovations in packaging and serving of food
The quick service restaurants market vendors should focus on grabbing business opportunities from the Eat-in service segment as it accounted for the largest market share in the base year.
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