Asia-Pacific Fast Food Market Research Report – Segmented By Type Distribution Platform and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of Asia-Pacific) – Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 4211
Pages: 145

Asia-Pacific Fast Food Market Size (2024 to 2029)

The size of the Asia-Pacific fast food market is predicted to be worth USD 231.02 billion by 2029 from USD 168.66 billion in 2024, growing at a CAGR of 6.49% from 2024 to 2029.

The fundamental components liable for the Asia Pacific fast food market development are changing in the flavor of purchaser inclinations, expanding the number of working populace, expanding the number of drive-thru eateries and expanding the number of global cooking styles. High arrangement costs and developing well-being mindfulness in the individuals are the critical restrictions hampering the market development during the figure time frame. Sanitation guidelines are the noteworthy difficulties seen in the Asia-Pacific fast food market development. The key components making an abundant number of chances are the planning of more beneficial suppers and the high utilization pace of fast food in developing economies.

Numerous individuals are in a rush, which regularly leaves a brief period, to shop and plan food similar to what their grandparents and guardians may have done. Fast food outlets, a large number of which offer a fast administration, address the issues of the present frequently overbooked populace, with all the advancements in the zone originating from the surge in the city. This is a noteworthy driver of the Asia Pacific fast food market.

As indicated by the NIH, most drive-through eateries have plates of mixed greens bars, entire grain buns, flame-broiled chicken and lean meats with an end goal to address the issues of progressively nutritious purchasers because of increasingly instructed individuals. Likewise, a few drive-through joints will furnish their menu with a data sheet on the nourishing substance of food, making it increasingly appealing to more advantageous clients, and this is an urgent driver of the Asia Pacific fast food market.

Given the advancement made by some fast-food outlets in giving a fair menu, the NIH takes note that some fast foods are as yet prepared with a lot of oil and spread. By and large, drive-through joints are probably not going to remember foods grown from the ground for their menus. The regular conviction that fast food can be destructive to well-being is a restraint on the fast-food market.

This research report on the Asia-Pacific fast food market has been segmented and sub-segmented based on the following categories.

Asia-Pacific Fast Food Market - By Type:

  • Burgers & Sandwiches
  • Pizzas & Pasta
  • Asian/Latin American Food
  • Chicken/Seafood

Among these, the pizza/pasta segment is foreseen to register the most noteworthy development in the Asia-Pacific fast food market portion during the future investigation, and the burger/sandwich section is also likely to hold a prominent share in the Asia-Pacific fast food market during the forecast period.

Asia-Pacific Fast Food Market - By Distribution Platform:

  • Quick Service Restaurant (QSR)
  • Street Vendors
  • Food Delivery Services
  • Online Food Delivery

Online food delivery is a booming trend in the Asia Pacific market in recent years due to the rising consumer demand for junk foods and the entry of new players in the industry. Street vendors also account for a notable portion of the regional market.

Asia-Pacific Fast Food Market – By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of Asia-Pacific

Among these, China holds the biggest piece of the overall industry in Asia Pacific fast food market because of a bustling way of life, appeal for advantageous food and healthy changes in fast food market menus and India is relied upon to enlist the most elevated development in Asia Pacific fast food market. A fast-food market report says this is because of ideal socioeconomics, more noteworthy urbanization, increment in fast-food market patterns and high reception of the Western way of life.

KEY MARKET PARTICIPANTS:

Companies playing a key role in the Asia-Pacific fast food market include McDonald’s Corporation, Burger King Worldwide, Inc., Domino’s Pizza Inc., Yum! Brands Inc., Jack in the Box Inc., KFC, Wendy’s International Inc. and Doctor’s Association Inc.

RECENT HAPPENINGS IN THE MARKET:

  • In August 2018, McDonald's introduced its McDonald's application for the advancements and made individuals utilize the application it is parting with McDonald's gold card as a piece of the battle.
  • In July 2018, Pizza Hut launched another robot server named Dilly Plate that conveys pizza to clients in store in scarcely any prominent urban communities. As should be obvious here, it is apparent that a considerable lot of the huge natural ways of life are embracing mechanical developments to pull in purchasers.

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