Global Quick Service Restaurant (QSR) Market Factbook (2022 Edition)
According to a research report published by Azoth Analytics in April 2022, the Global QSR Market was valued at USD 713.3 Billion in the year 2021. The market has grown at a negative CAGR in the period 2016-2021 mostly on the back of the impact of Covid-19 pandemic. However, factors such as younger demographics, value-priced offerings and the surge in online food ordering due to the emergence of food aggregators are along with the rising per capita income and urbanization, increased participation of women in the workforce and acquaintance to western lifestyles are likely to be the key factors leading to growth of the QSRs market in the forecast period.
The Azoth Analytics research report titled ‘Global Quick Service Restaurant (QSR) Market Factbook (2022 Edition)’ has analysed and segmented the QSR Market by Value (USD Billion) and by Number of Stores (In Units). The report has also further analysed the QSR Market by Service Type (Eat-in, Take Away, Home Delivery), by Business Model (Independent, Chain & Franchise), by Cuisine Type (Italian, Chinese, Japanese, Other) and by Delivery Mode (Dine in & Drive Thru). The Global QSR Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, Germany, U.K, Italy, France China, Japan, India, Mexico) for the period of historical period of 2016- 2021 and the forecast period of 2022-2026.
Further the report provides an assessment of positioning of leading brands (McDonalds, Starbucks, KFC, Subway, Taco Bell, Pizza Hut, Tim Hortons, Burger King, Wendy’s, Domino’s) in the QSR market. The brands are analysed with respect to the number of stores and further segregated by Ownership (Company owned, Franchised), by Delivery mode (Dine in, Drive thru) and by Outlet Type (Standalone and Chained) for the markets of North America (United States, Canada), U.K., Japan and India.
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