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North America Fast Food Market By type (Burger/Sandwich, Pizza/Pasta, Chicken & Seafood, Asian/Latin American Food, Others), by distribution platform (Quick Service Restaurant (QSR), Street Vendors, Food Delivery Services, Online Food Delivery, Others), and By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 4209
Pages: 145

North America Fast Food Market Growth and Forecast (2022 - 2027):

The North America Fast Food Market is calculated to touch $272.51 Billion by 2026 from $191.45 Billion in 2021, at a CAGR of 4.7% during the conjecture time frame 2022 - 2027.

Market Overview:

Fast food is the better choice of food in a general public that capacities at high speed. Fast foods and junk foods contain a high level of fats, sugar, and sodium. They are quick to get ready, have great taste, and are addictive. Additionally, this spares the cost of cooking in the kitchen consequently makes fast food practical. Fast food is made with fewer quality items that make them undesirable and less nutritious. Some fast-food dinners have included sugar not only does that mean additional calories, but additionally little nutrition.

The unmistakable components driving the North America fast food market development are changes in the patterns of shopper inclinations, rising number of working populace, increase in the number of drive-in joints and an expanding number of worldwide cooking styles. High preparation costs and developing wellbeing mindfulness in the individuals are hampering the market development during the gauge time frame. The huge difficulties in North America fast food market are sanitation guidelines. The preparation of more beneficial foods is opening doors for the fast-food market development during 2020-2025.

Recent Developments in North America Fast Food Industry:

  • May 2018: Yum Brands as of now won top distinctions at sixteenth provider evaluation grants that are facilitated by eatery supply chain arrangements.
  • July 2018: Pizza Hut has introduced a new robot server called dilly plate. A robot server serves cafe pizzas to the clients at pizza cottage.
  • August 2018: Auntie Anne's Pumpkin Spice Pretzel is returning because of an expansion sought after by the Pumpkin Pretzel Nuggets.

Drivers and Restraints:

The colossal driver in the North American fast food market is the widening urban people and their necessity for lively and speedier options for their dinner. In like manner, the extension in changing lifestyles and taste tendencies of the customers is conveyed and developing nations is boosting the business. In like manner, developing food and refreshment affiliations are in addition expected to help this industry. The rise in the number of bistros and lodgings is credited to energetic urbanization and globalization, which along these lines depended on to help the movement of the fast-food market. Likewise, the rise in health information among clients and extended vitality for strong and brilliant food drive the market improvement. Their zone is a bit of the climb in concerns related to fast food. Investigators ensured that the use of fast food causes overweight, strength, and other clinical issues. The clinical issue is the best confinement in fast food market improvement. This rising concern has driven people to change from fast food to pleasing fast food. The local fast-food market is losing its bit of the general business to easygoing fast food.

North America Fast Food Market Segmentation Analysis:

By Type:

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

Among these, the pizza/pasta segment is foreseen to record a significant portion of the North America fast food market during the anticipated time. Nonetheless, the burger/sandwich section will develop in a considerable way in the local market over the same timeline.

By Distribution Platform:

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

The quick-service restaurants hold the most substantial share in the North America fast food market that is likely to continue in the following years with the rising food truck and on the go culture in the locale. The online food delivery segment is also developing at a notable CAGR in the regional industry.

Regional Analysis:

By Region, North America fast food market is bifurcated into the US, Canada and Mexico. Among these, the US holds the biggest piece of the North America fast food market because of a bustling way of life, appeal for advantageous food and solid changes in fast food market menus and Canada is also determined to enlist at a most elevated development rate in North America fast-food market. This is because of positive socioeconomics, more prominent urbanization, increment in fast food market patterns and high reception of the new cuisines in the neighborhood.

Key Players in the Market:

Major Key Players in the North America Fast Food Market are

  • Domino's Pizza
  • Burger King
  • KFC
  • Subway
  • Dunkin' Donuts
  • McDonald's
  • Hardee's
  • Pizza Hut
  • Firehouse Subs
  • Auntie Anne's

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Fast Food Market, By Type            

                   6.1.1 Burger/Sandwich    

                   6.1.2 Pizza/Pasta  

                   6.1.3 Chicken & Seafood  

                   6.1.4 Asian/Latin American Food         

                   6.1.5 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.1.6 Y-o-Y Growth Rate Analysis       

                   6.1.7 Market Attractiveness Index       

          6.2 Fast Food Market, By Distribution Platform                  

                   6.2.1 Quick Service Restaurant (QSR)   

                   6.2.2 Street Vendors       

                   6.2.3 Food Delivery Services      

                   6.2.4 Online Food Delivery        

                   6.2.5 Market Size Estimations & Forecasts (2022 - 2027) 

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 North America - Market Analysis (2022 - 2027)         

                   7.2.1 By Country   

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   7.2.2 By Type       

                   7.2.3 By Distribution Platform   

8. Key Player Analysis                         

          8.1 McDonald’s Corporation                

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Burger King Worldwide, Inc            

          8.3 Domino’s Pizza Inc.            

          8.4 Yum! Brands Inc.                 

          8.5 Jack in the Box Inc.             

          8.6 Wendy’s International Inc.             

          8.7 Doctor’s Association Inc.              

          8.8 KFC                

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 
  1. North America Fast Food Market By Type, From 2022 - 2027 ( USD Billion )
  2. North America Burger/Sandwich Market By Region, From 2022 - 2027 ( USD Billion )
  3. North America Pizza/Pasta Market By Region, From 2022 - 2027 ( USD Billion )
  4. North America Chicken & Seafood Market By Region, From 2022 - 2027 ( USD Billion )
  5. North America Asian/Latin American Food Market By Region, From 2022 - 2027 ( USD Billion )
  6. North America Fast Food Market By Distribution Platform, From 2022 - 2027 ( USD Billion )
  7. North America Quick Service Restaurant (QSR) Market By Region, From 2022 - 2027 ( USD Billion )
  8. North America Street Vendors Market By Region, From 2022 - 2027 ( USD Billion )
  9. North America Food Delivery Services Market By Region, From 2022 - 2027 ( USD Billion )
  10. North America Online Food Delivery Market By Region, From 2022 - 2027 ( USD Billion )
  11. United States Fast Food Market By Type, From 2022 - 2027 ( USD Billion )
  12. United States Fast Food Market By Distribution Platform, From 2022 - 2027 ( USD Billion )
  13. Canada Fast Food Market By Type, From 2022 - 2027 ( USD Billion )
  14. Canada Fast Food Market By Distribution Platform, From 2022 - 2027 ( USD Billion )

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