The fast food market is gaining traction owing to the varied mouthwatering options made available to the growing population. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Fast Food Market Research Report- Forecast to 2023 that the market will demonstrate a remarkable growth during the forecast period.

Market Scope

Continuous product launches by the manufacturers offering a wide range of pasta products are is one of the factors uplifting the growth of the market. Moreover, the key players are highly focusing on geographical expansions, which will surge the growth of the global pasta market. Introduction of authentic flavors in the product range is attracting customers towards the market.

Industry News

Dec 2017 McDonald’s is rolling out their McVegan in Finland and Sweden as well after a successful testing campaign in the small city of Tampere.

Dec 2017 Montreal-based MTY Food Group, a Canadian franchisor and operator of numerous quick service restaurants operating under 48 brand names is set to merge with Imvescor Restaurant Group, who owns franchised and corporate stores throughout Canada, under four brands: Pizza Delight, Mikes, Scores and Baton Rouge. MTY has been in steady expansion mode for years.

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Key Players and Competition Analysis

McDonald’s Corporation (U.S.), Burger King Worldwide, Inc. (U.S.), Domino’s Pizza Inc. (U.S.), Yum! Brands Inc. (U.S.), Jack in the Box Inc. (U.S.), Wendy’s International Inc. (U.S.), and Doctor’s Association Inc. (U.S.), among others.

Segmentation Analysis

The global fast food market is segmented into type and service-type. Based on type, the market is segmented into burger/sandwich, pizza/pasta, chicken & seafood, Asian/Latin American food, others. Among them, burger/sandwich segment is expected to hold a major share in the market, owing to increasing consumption of burgers among the American population.

Browse the market data and information spread across 115 pages with 36 data tables and 10 figures of the report “Fast Food Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/fast-food-market-1036

Regional Analysis

The global fast food market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is dominating the fast food market followed by Europe. In North America, the U.S. is dominating the market due to the prevalence of major key players in the region coupled with a high inclination of working population towards fast foods.

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