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American Dairy Queen Corp.
Auntie Annes Franchisor SPV LLC
Burger King Company LLC
Corporativo Bimbo SA de CV
DD IP Holder LLC
Dominos Pizza Inc.
Doughnut Time Ltd.
Glory Hole Doughnuts
McDonald Corp.
Panera Bread
Papa Johns International Inc.
Pizza Hut Inc.
Starbucks Corp.
The Subway Group
The Wendys Co.
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The fast food market is forecasted to grow by USD 119.6 bn during 2024-2029, accelerating at a CAGR of 3% during the forecast period. The report on the fast food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing online presence of fast food vendors, changing consumer preferences, and growing demand for fast-casual food.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 2.9%
CAGR 3%
Incremental Value $119.6 bn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's fast food market is segmented as below:
By Product
Non-vegetarian fast food
Vegetarian fast food
By Service Type
Eat-in
Take away
Home delivery
Others
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the growing number of fast-food outlets as one of the prime reasons driving the fast food market growth during the next few years. Also, increasing focus of vendors on new product launches and increasing demand for gluten-free fast foods will lead to sizable demand in the market.
The report on the fast food market covers the following areas:
Fast Food Market sizing
Fast Food Market forecast
Fast Food Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fast food market vendors that include American Dairy Queen Corp., Auntie Annes Franchisor SPV LLC, Burger King Company LLC, Chipotle Mexican Grill Inc., Corporativo Bimbo SA de CV, DD IP Holder LLC, Dominos Pizza Inc., Doughnut Time Ltd., Glory Hole Doughnuts, Jack in the Box Inc., Jimmy Johns Franchisor SPV LLC, McDonald Corp., Panera Bread, Papa Johns International Inc., Penn Station Inc., Pita Pit Ltd., Pizza Hut Inc., Starbucks Corp., The Subway Group, and The Wendys Co.. Also, the fast food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Service Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Fast Food Market 2019 - 2023
Historic Market Size - Data Table on Global Fast Food Market 2019 - 2023 ($ billion)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ billion)
5.3 Service Type segment analysis 2019 - 2023
Historic Market Size - Service Type Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.5 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on the Global Fast Food Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Non-vegetarian fast food - Market size and forecast 2024-2029
Chart on Non-vegetarian fast food - Market size and forecast 2024-2029 ($ billion)
Data Table on Non-vegetarian fast food - Market size and forecast 2024-2029 ($ billion)
Chart on Non-vegetarian fast food - Year-over-year growth 2024-2029 (%)
Data Table on Non-vegetarian fast food - Year-over-year growth 2024-2029 (%)
8.4 Vegetarian fast food - Market size and forecast 2024-2029
Chart on Vegetarian fast food - Market size and forecast 2024-2029 ($ billion)
Data Table on Vegetarian fast food - Market size and forecast 2024-2029 ($ billion)
Chart on Vegetarian fast food - Year-over-year growth 2024-2029 (%)
Data Table on Vegetarian fast food - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
9 Market Segmentation by Service Type
9.1 Market segments
Chart on Service Type - Market share 2024-2029 (%)
Data Table on Service Type - Market share 2024-2029 (%)
9.2 Comparison by Service Type
Chart on Comparison by Service Type
Data Table on Comparison by Service Type
9.3 Eat-in - Market size and forecast 2024-2029
Chart on Eat-in - Market size and forecast 2024-2029 ($ billion)
Data Table on Eat-in - Market size and forecast 2024-2029 ($ billion)
Chart on Eat-in - Year-over-year growth 2024-2029 (%)
Data Table on Eat-in - Year-over-year growth 2024-2029 (%)
9.4 Take away - Market size and forecast 2024-2029
Chart on Take away - Market size and forecast 2024-2029 ($ billion)
Data Table on Take away - Market size and forecast 2024-2029 ($ billion)
Chart on Take away - Year-over-year growth 2024-2029 (%)
Data Table on Take away - Year-over-year growth 2024-2029 (%)
9.5 Home delivery - Market size and forecast 2024-2029
Chart on Home delivery - Market size and forecast 2024-2029 ($ billion)
Data Table on Home delivery - Market size and forecast 2024-2029 ($ billion)
Chart on Home delivery - Year-over-year growth 2024-2029 (%)
Data Table on Home delivery - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Service Type
Market opportunity by Service Type ($ billion)
Data Table on Market opportunity by Service Type ($ billion)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
11.4 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
11.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
11.9 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.10 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
11.11 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
11.12 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.13 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
11.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
11.15 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
11.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
14.2 Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 American Dairy Queen Corp.
American Dairy Queen Corp. - Overview
American Dairy Queen Corp. - Product / Service
American Dairy Queen Corp. - Key offerings
SWOT
14.5 Auntie Annes Franchisor SPV LLC
Auntie Annes Franchisor SPV LLC - Overview
Auntie Annes Franchisor SPV LLC - Product / Service
Auntie Annes Franchisor SPV LLC - Key offerings
SWOT
14.6 Burger King Company LLC
Burger King Company LLC - Overview
Burger King Company LLC - Product / Service
Burger King Company LLC - Key offerings
SWOT
14.7 Corporativo Bimbo SA de CV
Corporativo Bimbo SA de CV - Overview
Corporativo Bimbo SA de CV - Business segments
Corporativo Bimbo SA de CV - Key news
Corporativo Bimbo SA de CV - Key offerings
Corporativo Bimbo SA de CV - Segment focus
SWOT
14.8 DD IP Holder LLC
DD IP Holder LLC - Overview
DD IP Holder LLC - Product / Service
DD IP Holder LLC - Key offerings
SWOT
14.9 Dominos Pizza Inc.
Dominos Pizza Inc. - Overview
Dominos Pizza Inc. - Business segments
Dominos Pizza Inc. - Key news
Dominos Pizza Inc. - Key offerings
Dominos Pizza Inc. - Segment focus
SWOT
14.10 Doughnut Time Ltd.
Doughnut Time Ltd. - Overview
Doughnut Time Ltd. - Product / Service
Doughnut Time Ltd. - Key offerings
SWOT
14.11 Glory Hole Doughnuts
Glory Hole Doughnuts - Overview
Glory Hole Doughnuts - Product / Service
Glory Hole Doughnuts - Key offerings
SWOT
14.12 McDonald Corp.
McDonald Corp. - Overview
McDonald Corp. - Business segments
McDonald Corp. - Key news
McDonald Corp. - Key offerings
McDonald Corp. - Segment focus
SWOT
14.13 Panera Bread
Panera Bread - Overview
Panera Bread - Product / Service
Panera Bread - Key offerings
SWOT
14.14 Papa Johns International Inc.
Papa Johns International Inc. - Overview
Papa Johns International Inc. - Business segments
Papa Johns International Inc. - Key offerings
Papa Johns International Inc. - Segment focus
SWOT
14.15 Pizza Hut Inc.
Pizza Hut Inc. - Overview
Pizza Hut Inc. - Product / Service
Pizza Hut Inc. - Key offerings
SWOT
14.16 Starbucks Corp.
Starbucks Corp. - Overview
Starbucks Corp. - Business segments
Starbucks Corp. - Key news
Starbucks Corp. - Key offerings
Starbucks Corp. - Segment focus
SWOT
14.17 The Subway Group
The Subway Group - Overview
The Subway Group - Product / Service
The Subway Group - Key news
The Subway Group - Key offerings
SWOT
14.18 The Wendys Co.
The Wendys Co. - Overview
The Wendys Co. - Business segments
The Wendys Co. - Key news
The Wendys Co. - Key offerings
The Wendys Co. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
15.5 Data procurement
15.6 Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations