Fast Food and Quick Service Restaurants Market Size, Competitive Analysis, Share, Forecast- 2020-2026


Posted October 16, 2020 by preetipandey

Middle East's fast food and quick service restaurants market is anticipated to grow at a significant CAGR of 6.7% during the forecast period.

 
Middle East's fast food and quick service restaurants market is anticipated to grow at a significant CAGR of 6.7% during the forecast period. The growth of the market can be attributed to factors such as growing fast-food chains, changing consumer preferences, and high disposable income. The strong advertisement strategies followed by the companies are aiding them to attract more consumer base for the food and quick service restaurants. However, the obesity rate across the region is rising at an alarming rate which in turn will restraint the growth of the middle east fast food and quick service restaurants market.
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Middle East fast food and quick service restaurants market is segmented based on product type, category, store type, and distribution channels. By product type, the market is sub-segmented into burger & sandwich, pizza & pasta, beverages, desserts, salads, donuts, and other products. By category, the market is segmented into vegetarian food, non-vegetarian food, and vegan food. Non-vegetarian food is expected to hold the largest market share in the region. By store type, the market is segmented into chain stores and independent stores. Moreover, by distribution channel, the market is sub-segmented into online and offline channels.
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The key players of the Middle East fast food and quick service restaurants market include Domino's Pizza, Inc., McDonald's Corp., KFC, Inc., Burger King Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations with government, and funding, to stay competitive in the market.
Market Segmentation
By Product Type
• Burger&Sandwich (Hamburger&Hot Dogs)
• Pizza & Pasta
• Beverage
• Desserts
• Salads
• Donuts
• Others Product (French Fries, Nuggets, Tacos,Pretzel, Croissant)
By Food Category
• Vegetarian Food
• Non-Vegetarian Food
• Vegan Food
By Store Type
• Chain Store
• Independent Store
By Distribution Mode
• Offline
• Online
Regional Analysis
• UAE
• Qatar
• Saudi Arabia
• Rest of Middle East
Company Profiles
• Burger King Corp.
• Costa Ltd.
• Domino's Pizza, Inc.
• HerfyFood Services Co. JSC, KSA
• KFC, Inc.
• McDonald's Corp.
• Papa John's International, Inc.
• Shake Shack Enterprises, LLC
• Starbucks Corp.
• Subway IP LLC
• Yum! Brands, Inc.
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Issued By preeti
Country India
Categories Business
Tags fast food and quick service restaurants market
Last Updated October 16, 2020