The foodservice industry is nearly equal in size to food retailing: The food marketing system, including food service and food retailing, supplied about $1.77 trillion worth of food in 2019. Asia Pacific Fast Food Market - offers growth, outlook, trends, shares,Industry Analysis, opportunities, Key Players Forecast 2019 to 2025 Annual Sale … According to Verified Market Research, the Global Fast Food Market was valued at USD 612.1 Million in 2018 and is projected to reach USD 827.8 Million by 2026, growing at a CAGR of 3.9% from 2019 to 2026.. The industry is expected to be driven by increasing population, rising per capita income, and growing demand in emerging economies such China, Japan, and India. market share (10 percent in 2018). Fast food restaurants, along with fast casual restaurants, make up a segment of the restaurant industry know as Quick Service Restaurants (QSR). Philippines Foodservice Market - Growth, Trends and Forecasts (2020 - 2025) Philippines foodservice market is segmented by Type into full-service restaurant, self-service restaurant, fast food, street stall and kiosk, cafe and bar, and 100% home delivery restaurant & by Structure into independent consumer foodservice, chained consumer foodservice In this article, food industry leaders and innovators weigh in on top trends driving change toward a healthier and more sustainable food future. The latest survey on Global Fast Food Market is conducted covering various organizations of the industry from different geographies to come up with … Combined, the fast casual and overarching quick service restaurant industry is expected to generate $246.7 billion in food and beverage sales in 2019, according to … • The restaurant industry is projected to employ 15.3 million people in 2019 — about one in 10 working Americans. IBIS’ report estimates that the fast food industry in China will generate $177.6 billion in 2019, up almost 8 percent from 2018. The food industry is evolving rapidly. According to the analysts at Zion Market Research, the global fast food market was capitalized at more than USD 539.63 Billion in 2016. Global Fast Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 The South Africa fast food market size was valued at $2.7 billion in 2018 and is expected to reach $4.9 billion by 2026, registering a CAGR of 7.9% from 2019 … Pune, India - May 14, 2019 /MarketersMedia/ — According to this study, over the next five years the Organic Fast Food market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. Asia Pacific Fast Food Market Analysis and Forecast 12.1. Metcash is Australia’s largest grocery wholesaler and is a leading marketing and distribution company operating in the food, and other fast-moving consumer goods, categories. The category includes restaurants with four or fewer branches or subsidiaries with the same name and of the same type. While Quick Service was once dominated by fast food, fast casual continues to gain market share. KFC came to China in 1987 and ushered in the fast food market. A food and quick service restaurant (QSR) refers to a casual dining setup, in which pre-prepared fast food is assembled and served to the customers. Fast food is defined as food that is quick to prepare & serve South Africa Fast Food Market Outlook-2026. Metcash Trading Limited Australasia ranks fourth in supermarkets in value terms (7 percent in 2018). The variety of foods available in each sector is primarily driving this market growth. Independent fast food and quick service restaurant dominated the market and accounted for more than 65.0% share of the global revenue in 2019. Fast Food & Takeaways UK market size data most recently updated in 2019. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and brand share data, distribution and industry … McDonald's -- the industry leader. Industry market research reports, statistics, analysis, data, trends and forecasts. Among these, McDonald’s is the lead player, with a share of 28.8% among the top 30, followed by Herfy (12%) and Al Baik (5.7%). At the same time, fast food was the preferred lunch destination by 35% of respondents in this year’s survey, an increase of 5% from the previous year. This contains 5 years of historical data and five-year forecasts.This Market size report gives an instant overview of the UK Fast Food & Takeaways Market An emerging market segment within fast food is that of food kiosks – a product of the global recession in the west but a key cultural method of food … Asia Pacific Average Pricing Analysis 12.2. Grocery stores hold a 92.4% market share in traditional food store sales ... ^ 15 Restaurant Statistics That Will Shape the Industry in 2018 ^ Facebook’s 2019 Restaurant Trends and Insights Report Segmental Insights . ... fast food chains gained market share by offering simpler and cheaper alternatives. SEVERAL OF THE BIGGEST PLAYERS IN SAUDI ARABIA’S FAST FOOD SEGMENT ARE INTERNATIONAL. Fast casual chains claim just 8 percent of total restaurant visits, according to the NPD Group. Asia Pacific is estimated to be the largest market, followed by Europe and North America, accounting for 37.0% of the total market share in 2019. Europe Fast Food Market Segments Share: The Europe fast food market is segmented based on the product and geography. Fast Food Market (Product - Burger/Sandwich, Pizza/Pasta, Chicken, Asian/Latin American Food, Sea-food, Snacks, and Mexican; Distribution Channel - Quick Service Restaurant (QSR) and Street Vendors) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019 Fast food and take-aways contributed 25.6% of total income earned by the industry in January 2008. The fast food market in China is on the rise. • The restaurant industry is expected to add 1.6 million jobs over the next decade, with Y-o-Y Growth Projections by Country 12.1.3. • Restaurant industry sales are projected to total $863 billion in 2019 and equal 4 percent of the U.S. gross domestic product. IBISWorld's statistic shows that as of 2020 the market size of the Fast Food Restaurants industry is $240.1bn a decline of -13.85% from 2019. The global Fast Food market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025. The fast food market … Global Fast Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 ... is the fastest growing market due to its favorable demographics and large population share. Fast Food Market Size And Forecast. Quick service restaurants are the key growth engine for the fast food sector and account for over 70 percent of overall fast food sales in 2013. African Fast Food market forecasts between 2019 and 2029 ... operating within the African Fast Food Market, including 2016 market share information ... Fast Food Market Forecasts Industry … The global fast food market has been segmented on the basis of type, distribution platform, and region. 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