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American Dairy Queen Corp.
ArmyNavy Burger Inc.
BonChon Chicken Philippines
Bounty Agro Ventures Inc.
Carls Jr. Restaurants LLC
Chick fil A Inc.
Chipotle Mexican Grill Inc.
Dominos Pizza Inc.
Goldilocks Filipino Cuisine
Honeybee Foods Corp.
Jack in the Box Inc.
McDonald Corp.
Shakeys Pizza Asia Ventures Inc.
The Wendys Co.
YUM Brands Inc.
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The quick service restaurants market is forecasted to grow by USD 63.8 bn during 2024-2029, accelerating at a CAGR of 2.2% during the forecast period. The report on the quick service restaurants 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 rise in number of quick service restaurants, changing lifestyles and rise in demand for on-the-go food, and growing innovation and customization in food menu.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 2.1%
CAGR 2.2%
Incremental Value $63.8 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 quick service restaurants market is segmented as below:
By Service
Eat-in service
Takeaway service
Drive-thru service
Home delivery service
By Type
By Product Type
Burger and sandwich
Pizza
Asian cuisine
Frozen desserts and ice cream
Others
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the innovations in packaging and serving of food as one of the prime reasons driving the quick service restaurants market growth during the next few years. Also, rise in demand for nutritious foods and drinks and growing popularity of online and mobile app-based food ordering will lead to sizable demand in the market.
The report on the quick service restaurants market covers the following areas:
Quick Service Restaurants Market sizing
Quick Service Restaurants Market forecast
Quick Service Restaurants 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 quick service restaurants market vendors that include American Dairy Queen Corp., ArmyNavy Burger Inc., BonChon Chicken Philippines, Bounty Agro Ventures Inc., Carls Jr. Restaurants LLC, Chick fil A Inc., Chipotle Mexican Grill Inc., Dominos Pizza Inc., Goldilocks Filipino Cuisine, Honeybee Foods Corp., Jack in the Box Inc., McDonald Corp., Restaurant Brands International Inc., Shakeys Pizza Asia Ventures Inc., Starbucks Corp., The Subway Group, The Wendys Co., and YUM Brands Inc.. Also, the quick service restaurants 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 Service
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Product 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 Quick Service Restaurants Market 2019 - 2023
Historic Market Size - Data Table on Global Quick Service Restaurants Market 2019 - 2023 ($ billion)
5.2 Service segment analysis 2019 - 2023
Historic Market Size - Service Segment 2019 - 2023 ($ billion)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 The AI impact on Global Quick Service Restaurants 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 Service
8.1 Market segments
Chart on Service - Market share 2024-2029 (%)
Data Table on Service - Market share 2024-2029 (%)
8.2 Comparison by Service
Chart on Comparison by Service
Data Table on Comparison by Service
8.3 Eat-in service - Market size and forecast 2024-2029
Chart on Eat-in service - Market size and forecast 2024-2029 ($ billion)
Data Table on Eat-in service - Market size and forecast 2024-2029 ($ billion)
Chart on Eat-in service - Year-over-year growth 2024-2029 (%)
Data Table on Eat-in service - Year-over-year growth 2024-2029 (%)
8.4 Takeaway service - Market size and forecast 2024-2029
Chart on Takeaway service - Market size and forecast 2024-2029 ($ billion)
Data Table on Takeaway service - Market size and forecast 2024-2029 ($ billion)
Chart on Takeaway service - Year-over-year growth 2024-2029 (%)
Data Table on Takeaway service - Year-over-year growth 2024-2029 (%)
8.5 Drive-thru service - Market size and forecast 2024-2029
Chart on Drive-thru service - Market size and forecast 2024-2029 ($ billion)
Data Table on Drive-thru service - Market size and forecast 2024-2029 ($ billion)
Chart on Drive-thru service - Year-over-year growth 2024-2029 (%)
Data Table on Drive-thru service - Year-over-year growth 2024-2029 (%)
8.6 Home delivery service - Market size and forecast 2024-2029
Chart on Home delivery service - Market size and forecast 2024-2029 ($ billion)
Data Table on Home delivery service - Market size and forecast 2024-2029 ($ billion)
Chart on Home delivery service - Year-over-year growth 2024-2029 (%)
Data Table on Home delivery service - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Service
Market opportunity by Service ($ billion)
Data Table on Market opportunity by Service ($ billion)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Chain - Market size and forecast 2024-2029
Chart on Chain - Market size and forecast 2024-2029 ($ billion)
Data Table on Chain - Market size and forecast 2024-2029 ($ billion)
Chart on Chain - Year-over-year growth 2024-2029 (%)
Data Table on Chain - Year-over-year growth 2024-2029 (%)
9.4 Independent - Market size and forecast 2024-2029
Chart on Independent - Market size and forecast 2024-2029 ($ billion)
Data Table on Independent - Market size and forecast 2024-2029 ($ billion)
Chart on Independent - Year-over-year growth 2024-2029 (%)
Data Table on Independent - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 Burger and sandwich - Market size and forecast 2024-2029
Chart on Burger and sandwich - Market size and forecast 2024-2029 ($ billion)
Data Table on Burger and sandwich - Market size and forecast 2024-2029 ($ billion)
Chart on Burger and sandwich - Year-over-year growth 2024-2029 (%)
Data Table on Burger and sandwich - Year-over-year growth 2024-2029 (%)
10.4 Pizza - Market size and forecast 2024-2029
Chart on Pizza - Market size and forecast 2024-2029 ($ billion)
Data Table on Pizza - Market size and forecast 2024-2029 ($ billion)
Chart on Pizza - Year-over-year growth 2024-2029 (%)
Data Table on Pizza - Year-over-year growth 2024-2029 (%)
10.5 Asian cuisine - Market size and forecast 2024-2029
Chart on Asian cuisine - Market size and forecast 2024-2029 ($ billion)
Data Table on Asian cuisine - Market size and forecast 2024-2029 ($ billion)
Chart on Asian cuisine - Year-over-year growth 2024-2029 (%)
Data Table on Asian cuisine - Year-over-year growth 2024-2029 (%)
10.6 Frozen desserts and ice cream - Market size and forecast 2024-2029
Chart on Frozen desserts and ice cream - Market size and forecast 2024-2029 ($ billion)
Data Table on Frozen desserts and ice cream - Market size and forecast 2024-2029 ($ billion)
Chart on Frozen desserts and ice cream - Year-over-year growth 2024-2029 (%)
Data Table on Frozen desserts and ice cream - Year-over-year growth 2024-2029 (%)
10.7 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 (%)
10.8 Market opportunity by Product Type
Market opportunity by Product Type ($ billion)
Data Table on Market opportunity by Product Type ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 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 (%)
12.4 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 (%)
12.5 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 (%)
12.6 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 (%)
12.7 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 (%)
12.8 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 (%)
12.9 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 (%)
12.10 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 (%)
12.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.12 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 (%)
12.13 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 (%)
12.14 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 (%)
12.15 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 (%)
12.16 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 (%)
12.17 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 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 American Dairy Queen Corp.
American Dairy Queen Corp. - Overview
American Dairy Queen Corp. - Product / Service
American Dairy Queen Corp. - Key offerings
SWOT
15.5 ArmyNavy Burger Inc.
ArmyNavy Burger Inc. - Overview
ArmyNavy Burger Inc. - Product / Service
ArmyNavy Burger Inc. - Key offerings
SWOT
15.6 BonChon Chicken Philippines
BonChon Chicken Philippines - Overview
BonChon Chicken Philippines - Product / Service
BonChon Chicken Philippines - Key offerings
SWOT
15.7 Bounty Agro Ventures Inc.
Bounty Agro Ventures Inc. - Overview
Bounty Agro Ventures Inc. - Product / Service
Bounty Agro Ventures Inc. - Key offerings
SWOT
15.8 Carls Jr. Restaurants LLC
Carls Jr. Restaurants LLC - Overview
Carls Jr. Restaurants LLC - Product / Service
Carls Jr. Restaurants LLC - Key offerings
SWOT
15.9 Chick fil A Inc.
Chick fil A Inc. - Overview
Chick fil A Inc. - Product / Service
Chick fil A Inc. - Key offerings
SWOT
15.10 Chipotle Mexican Grill Inc.
Chipotle Mexican Grill Inc. - Overview
Chipotle Mexican Grill Inc. - Product / Service
Chipotle Mexican Grill Inc. - Key offerings
SWOT
15.11 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
15.12 Goldilocks Filipino Cuisine
Goldilocks Filipino Cuisine - Overview
Goldilocks Filipino Cuisine - Product / Service
Goldilocks Filipino Cuisine - Key offerings
SWOT
15.13 Honeybee Foods Corp.
Honeybee Foods Corp. - Overview
Honeybee Foods Corp. - Product / Service
Honeybee Foods Corp. - Key offerings
SWOT
15.14 Jack in the Box Inc.
Jack in the Box Inc. - Overview
Jack in the Box Inc. - Product / Service
Jack in the Box Inc. - Key offerings
SWOT
15.15 McDonald Corp.
McDonald Corp. - Overview
McDonald Corp. - Business segments
McDonald Corp. - Key news
McDonald Corp. - Key offerings
McDonald Corp. - Segment focus
SWOT
15.16 Shakeys Pizza Asia Ventures Inc.
Shakeys Pizza Asia Ventures Inc. - Overview
Shakeys Pizza Asia Ventures Inc. - Product / Service
Shakeys Pizza Asia Ventures Inc. - Key offerings
SWOT
15.17 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
15.18 YUM Brands Inc.
YUM Brands Inc. - Overview
YUM Brands Inc. - Business segments
YUM Brands Inc. - Key offerings
YUM Brands Inc. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations