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Fast Food Market by Product Type (Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, and Sea-Food) - Global Opportunity Analysis and Industry Forecast, 2014-2022

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Pages: 80
Jan 2017 | 6071 Views
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Author's : Sneha Nathwani
Tables: 83
Charts: 47
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Fast Food Market Overview:

The Fast Food Market is anticipated to reach $743,859 million from $533,244 million at a CAGR of 4.8%, by 2022.

Fast Food Market

Researches claimed that consumption of fast food causes overweight, obesity, and other medical issues. The health issue is the biggest restraint for growth in the fast food market. This rise in concern resulted in people switching from fast food to fast casual food. According to WHO, around 39% of the world population were overweight and 13% of the population was suffering from obesity, in 2014.

Fast Food Market

The chicken food market has a reducing Y-o-Y growth rate, however, the revenue generated by the industry is expected to increase. It is estimated to grow at a CAGR of 5.44% by 2022.

Seafood is often considered healthy in comparison to other foods. The increase in health consciousness among the consumers has fueled the fast food industry growth. This market growth is also attributed to consumer tastes and preferences.

Top Winning Strategy

The winning strategies described below are a result of the analysis performed on company profiles of the key market players. These strategies are gathered and evaluated in reference to their recent developments. The key strategies tracked from the recent developments of the companies operating in the fast food market include:

Product Launch: Several new healthy fast food products are launched in the industry by the leading market players.

Acquisition: Market players try to strengthen their reach to customers by acquisition or capture large market share.

Agreement & Partnership: The leading players sign supply & sales agreements and manufacturing partnerships to capture the major market share and compete with other players.

Expansion: The leading players try to expand their operation area by investing in different countries and franchising.

The product launch strategy and partnership & agreements majorly drive the fast food market. Mergers & acquisitions, and expansions are other prominent strategies adopted by the key market players. The product launch and partnerships & agreements collectively accounted for around 70% in the market. Expansion, joint ventures and merger & acquisitions accounted for 22%, 4%, and 4%, respectively, of the overall key strategies.

Top Investment Pockets

The Asia-Pacific and Latin America/Latin American food held largest market share in 2015. It is expected to maintain the trend during the forecast period. The factor which fuels up the industry growth in this region is presence of various types of spices in the Asian/Latin American cuisines. However, easy availability contributes in worldwide consumption of burger/sandwich and also it is expected to continue its dominance by 2022.

Similarly, the pizza/pasta segment would have larger market share in the fast food industry as compared to chicken segment in 2022. However, chicken is anticipated to be more lucrative as consumers are more driven toward healthier and less oily meals.

The remaining emerging segments, such as seafood and beef & pork meat   are expected to show an inclining growth during the forecast period. However, limited acceptance of these foods restrains the industry growth across the globe.

LAMEA Region

The fast food market in LAMEA has a decreasing Y-o-Y, denoting the slow industry growth during the forecast period. However, LAMEA is estimated to have the highest CAGR of 7.61%., owing to rise in opening of restaurants and food chains in this region. The market growth is attributed to factors, such as increase in number of tourists and high per capita income in Middle East. Africa is the second country in the LAMEA region, accounting for the second largest market share after Middle East.

Key players profiled in the fast food market report include McDonald’s, Hardee’s, Pizza Hut, Domino’s Pizza, Burger King, KFC, Subway, Dunkin’ Donuts, Firehouse Subs, and Auntie Anne’s.

Other key players (not profiled in the report) in the fast food market value chain include Wendy’s, Starbucks Corporation, Taco Bell, Jimmy John's, Jack in the Box, Papa Murphy's, Sonic, Carl's Jr., Cinnabon, Buffalo Wild Wings, and others.

Key Benefits of the Fast Food Market Report:

  • It provides an extensive analysis of the current and future trends, during the period, 2014‐ 2022
  • It includes significant data which assist in identifying the prevailing opportunities
  • It provides competitive intelligence and highlights scenario of the leading manufacturers and distributors across the geographies
  • It offers an in-depth analysis by following key product positioning and monitoring the top competitors within the market framework
  • It includes profiles and strategies of the key market players to portray the competitive outlook

Fast Food Market Key Segments:

By Product Type:

  • Pizza/Pasta
  • Burger/Sandwich
  • Chicken
  • Asian/Latin American Food
  • Seafood
  • Others (Beef and Pork Meat)

By Geography:

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Indonesia
    • Australia
    • South Korea
    • Taiwan
    • Thailand
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1 REPORT DESCRIPTION
1.2 KEY BENEFITS
1.3 KEY MARKET SEGMENTS
1.4 RESEARCH METHODOLOGY

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1 MARKET DEFINITION AND SCOPE
3.2 KEY FINDINGS

3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.4 PORTERS FIVE FORCES ANALYSIS

3.4.1 Low bargaining power of suppliers due to large number of suppliers and low switching cost
3.4.2 High bargaining power of buyer due to high demand, and low backward integration
3.4.3 High threat of substitution due to product differentiation and low brand loyalty
3.4.4 High threat of new entrants due to no legal barriers and high demand potential
3.4.5 Presence of numerous players, innovation and high growth rate increase the competitive rivalry

3.5 MARKET SHARE ANALYSIS, 2015
3.6 DRIVERS

3.6.1 Change in consumer taste and preferences
3.6.2 Increasing number of working women
3.6.3 Increasing number of fast food restaurant/trucks
3.6.4 Tech-savvy ordering systems
3.6.5 Increasing demand of international cuisines

3.7 RESTRAINTS

3.7.1 High set up cost
3.7.2 Growing health concern

3.8 OPPORTUNITIES

3.8.1 Preparation of healthier meals

Chapter: 4 WORLD FAST FOOD MARKET, BY FAST FOOD TYPE

4.1 INTRODUCTION
4.2 BURGER/SANDWICHES

4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market size and forecast
4.2.4 North America burger/sandwich market, (USD million), growth (%) 2014-2022
4.2.5 Europe burger/sandwich market, (USD million), growth (%) 2014-2022
4.2.6 Asia-Pacific burger/sandwich market, (USD million), growth (%) 2014-2022
4.2.7 LAMEA burger/sandwich market, (USD million), growth (%) 2014-2022

4.3 PIZZA/PASTA

4.3.1 Key market trends
4.3.1 Key Growth Factors and Opportunities
4.3.2 Market size and forecast
4.3.3 North America pizza/pasta market, (USD million), growth (%) 2014-2022
4.3.4 Europe pizza/pasta market, (USD million), growth (%) 2014-2022
4.3.5 Asia-Pacific pizza/pasta market, (USD million), growth (%) 2014-2022
4.3.6 LAMEA pizza/pasta market, (USD million), growth (%) 2014-2022

4.4 ASIAN/LATIN AMERICAN FOOD

4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
4.4.4 North America Asian/Latin American food market, (USD million), growth (%) 2014-2022
4.4.5 Europe Asian/Latin America food market, (USD million), growth (%) 2014-2022
4.4.6 Asia-Pacific Asian/Latin America food market, (USD million), growth (%) 2014-2022
4.4.7 LAMEA Asian/Latin America food market, (USD million), growth (%) 2014-2022

4.5 CHICKEN

4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast
4.5.4 North America chicken food market, (USD million), growth (%) 2014-2022
4.5.5 Europe chicken market, (USD million), growth (%) 2014-2022
4.5.6 Asia-Pacific chicken food market, (USD million), growth (%) 2014-2022
4.5.7 LAMEA chicken food market, (USD million), growth (%) 2014-2022

4.6 SEAFOOD

4.6.1 Key market trends
4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast
4.6.4 North America seafood market, (USD million), growth (%) 2014-2022
4.6.5 Europe seafood market, (USD million), growth (%) 2014-2022
4.6.6 Asia-Pacific seafood market, (USD million), growth (%) 2014-2022
4.6.7 LAMEA seafood market, (USD million), growth (%) 2014-2022

4.7 OTHERS

4.7.1 Key market trends
4.7.2 Key growth factors and opportunities
4.7.3 Market size and forecast
4.7.4 North America other food market, (USD million), growth (%) 2014-2022
4.7.5 Europe other food market, (USD million), growth (%) 2014-2022
4.7.6 Asia-Pacific other food market, (USD million), growth (%) 2014-2022
4.7.7 LAMEA other food market, (USD million), growth (%) 2014-2022

Chapter: 5 WORLD FAST FOOD MARKET, BY GEOGRAPHY

5.1 INTRODUCTION
5.2 NORTH AMERICA

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.2.4 U.S. fast food market, (USD million), growth (%) 2014-2022
5.2.5 Canada fast food market, (USD million), growth (%) 2014-2022
5.2.6 Mexico fast food market, (USD million), growth (%) 2014-2022

5.3 EUROPE

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.3.4 Germany fast food market, (USD million), growth (%) 2014-2022
5.3.5 U.K. fast food market, (USD million), growth (%) 2014-2022
5.3.6 France fast food market, (USD million), growth (%) 2014-2022
5.3.7 Rest of Europe fast food market, (USD million), growth (%) 2014-2022

5.4 ASIA PACIFIC

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.4.4 Australia fast food market, (USD million), growth (%) 2014-2022
5.4.5 China fast food market, (USD million), growth (%) 2014-2022
5.4.6 Indonesia fast food market, (USD million), growth (%) 2014-2022
5.4.7 South Korea fast food market, (USD million), growth (%) 2014-2022
5.4.8 Taiwan fast food market, (USD million), growth (%) 2014-2022
5.4.9 Thailand fast food market, (USD million), growth (%) 2014-2022
5.4.10 Rest of Asia-Pacific fast food market, (USD million), growth (%) 2014-2022

5.5 LAMEA

5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
5.5.4 Latin America fast food market, (USD million), growth (%) 2014-2022
5.5.5 Middle East fast food market, (USD million), growth (%) 2014-2022
5.5.6 Africa fast food market, (USD million), growth (%) 2014-2022

Chapter: 6 COMPANY PROFILES

6.1 MCDONALD'S

6.1.1 Overview
6.1.2 Operating business segments
6.1.3 Business performance

6.2 HARDEE'S

6.2.1 Overview
6.2.2 Operating business segments
6.2.3 Business performance

6.3 PIZZA HUT

6.3.1 Overview
6.3.2 Operating business segments
6.3.3 Business performance

6.4 DOMINO'S PIZZA

6.4.1 Overview
6.4.2 Operating business segments
6.4.3 Business performance

6.5 SUBWAY

6.5.1 Overview
6.5.2 Operating business segments
6.5.3 Business performance

6.6 KFC

6.6.1 Overview
6.6.2 Operating business segments
6.6.3 Business performance

6.7 BURGER KING

6.7.1 Overview
6.7.2 Operating business segments
6.7.3 Business performance

6.8 DUNKIN' DONUTS

6.8.1 Overview
6.8.2 Operating business segments
6.8.3 Business performance

6.9 FIREHOUSE SUBS

6.9.1 Overview
6.9.2 Operating business segments
6.9.3 Business performance

6.10 AUNTIE ANNE'S

6.10.1 Overview
6.10.2 Operating business segments
6.10.3 Business performance

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES (%) (2014-2016)
FIG. 3 TOP INVESTMENT POCKETS
FIG. 4 PORTERS FIVE FORCES ANALYSIS OF LITHIUM-ION BATTERY MARKET
FIG. 5 MARKET SHARE ANALYSIS OF FAST FOOD MARKET, 2015
FIG. 6 WORLD FAST FOOD MARKET, BY FAST FOOD TYPE (%), 2015
FIG. 7 WORLD FAST FOOD MARKET, BY BURGER/SANDWICHES, YEAR ON YEAR GROWTH(%), 2015-2022
FIG. 8 WORLD PIZZA/PASTA MARKET, YEAR ON YEAR GROWTH(%), 2015-2022
FIG. 9 WORLD ASIAN/LATIN AMERICAN FOOD, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 10 WORLD CHICKEN FOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 11 WORLD SEAFOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 12 WORLD OTHER FOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 13 WORLD FAST FOOD MARKET BY GEOGRAPHY, 2015(PIE CHART OF GLOBAL NUMBERS BY GEOGRAPHY)
FIG. 14 WORLD FAST FOOD MARKET, BY NORTH AMERICA REGION, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 15 EUROPE FAST FOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 16 ASIA PACIFIC FAST FOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 17 LAMEA FAST FOOD MARKET, YEAR ON YEAR GROWTH (%), 2015-2022
FIG. 18 MCDONALDS: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 19 MCDONALDS: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 20 MCDONALDS: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 21 HARDEE'S: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 22 HARDEE'S: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 23 HARDEE'S: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 24 PIZZA HUT: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 25 PIZZA HUT: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 26 PIZZA HUT: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 27 DOMINO'S PIZZA: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 28 DOMINO'S PIZZA: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 29 DOMINO'S PIZZA: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 30 SUBWAY: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 31 SUBWAY: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 32 SUBWAY: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 33 KFC: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 34 KFC: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 35 KFC: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 36 BURGER KING: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 37 BURGER KING: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 38 BURGER KING: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 39 DUNKIN' DONUTS: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 40 DUNKIN' DONUTS: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 41 DUNKIN' DONUTS: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 42 FIREHOUSE SUBS: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 43 FIREHOUSE SUBS: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 44 FIREHOUSE SUBS: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 45 AUNTIE ANNE'S: REVENUE ANALYSIS, 2013-2015 ($MILLION)
FIG. 46 AUNTIE ANNE'S: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 47 AUNTIE ANNE'S: REVENUE, BY GEOGRAPHY, 2015 (%)

List of Tables

TABLE 1 WORLD FAST FOOD MARKET SNAPSHOT
TABLE 2 AVERAGE COST OF STARTING A FOOD TRUCK
TABLE 3 WORLD BURGER/SANDWICH MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 4 NORTH AMERICA BURGER/SANDWICH MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 5 EUROPE BURGER/SANDWICH MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 6 ASIA-PACIFIC BURGER/SANDWICH MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 7 LAMEA BURGER/SANDWICH MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 8 WORLD PIZZA/PASTA MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 9 NORTH AMERICA PIZZA/PASTA MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 10 EUROPE PIZZA/PASTA MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 11 ASIA-PACIFIC PIZZA/PASTA MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 12 LAMEA PIZZA/PASTA MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 13 WORLD ASIAN/LATIN AMERICAN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 14 NORTH AMERICA ASIAN/LATIN AMERICAN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 15 WORLD ASIAN/LATIN AMERICA FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 16 ASIA-PACIFIC ASIAN/LATIN AMERICA FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 17 LAMEA ASIAN/LATIN AMERICA FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 18 WORLD CHICKEN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 19 WORLD CHICKEN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 20 WORLD CHICKEN MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 21 ASIA-PACIFIC CHICKEN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 22 LAMEA CHICKEN FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 23 WORLD SEAFOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 24 NORTH AMERICA SEAFOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 25 EUROPE SEAFOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 26 ASIA-PACIFIC SEAFOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 27 LAMEA SEAFOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 28 WORLD OTHER FAST FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 29 NORTH AMERICA OTHER FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 30 EUROPE OTHER FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 31 ASIA-PACIFIC OTHER FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 32 LAMEA OTHER FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 33 NORTH AMERICA FAST FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 34 U.S. FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 35 CANADA FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 36 MEXICO FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 37 EUROPE FAST FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 38 GERMANY FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 39 U.K. FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 40 FRANCE FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 41 REST OF EUROPE FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 42 ASIA- PACIFIC FAST FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 43 AUSTRALIA FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 44 CHINA FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 45 INDONESIA FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 46 SOUTH KOREA FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 47 TAIWAN FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 48 THAILAND FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 49 REST OF ASIA-PACIFIC FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 50 LAMEA FAST FOOD MARKET, (USD MILLION), GROWTH (%)2014-2022
TABLE 51 SOUTH AMERICA: FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 52 MIDDLE EAST FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 53 AFRICA: FAST FOOD MARKET, (USD MILLION), GROWTH (%) 2014-2022
TABLE 54 COMPANY SNAPSHOT
TABLE 55 MCDONALDS: OPERATING SEGMENTS
TABLE 56 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 57 COMPANY SNAPSHOT
TABLE 58 HARDEE'S: OPERATING SEGMENTS
TABLE 59 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 60 COMPANY SNAPSHOT
TABLE 61 PIZZA HUT: OPERATING SEGMENTS
TABLE 62 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 63 COMPANY SNAPSHOT
TABLE 64 DOMINO'S PIZZA: OPERATING SEGMENTS
TABLE 65 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 66 COMPANY SNAPSHOT
TABLE 67 SUBWAY: OPERATING SEGMENTS
TABLE 68 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 69 COMPANY SNAPSHOT
TABLE 70 KFC: OPERATING SEGMENTS
TABLE 71 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 72 COMPANY SNAPSHOT
TABLE 73 BURGER KING: OPERATING SEGMENTS
TABLE 74 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 75 COMPANY SNAPSHOT
TABLE 76 DUNKIN' DONUTS: OPERATING SEGMENTS
TABLE 77 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 78 COMPANY SNAPSHOT
TABLE 79 FIREHOUSE SUBS: OPERATING SEGMENTS
TABLE 80 KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 81 COMPANY SNAPSHOT
TABLE 82 AUNTIE ANNE'S: OPERATING SEGMENTS
TABLE 83 KEY STRATEGIC MOVES & DEVELOPMENTS

 

The fast food market has seen substantial growth due to change in consumer taste and preferences. Some of the fast food chains have to introduce new items in their menu to fulfil customer demands. This introduction of new items not only increases variety of fast food items but also leads to market growth. For instance, in 2016, Burger King came up with ‘Chicken Fries Rings’ and ‘Nuggets’ to attract new customers and meet their demands.

There is a lot of rise in concerns related to the fast food. Researches claimed that consumption of fast food causes overweight, obesity, and other medical issues. The health issue is the biggest restraint in the market growth. This rise in concern has resulted people to switch from fast food to fast casual food. According to WHO in 2014 around 39% of the world population were overweight and 13% of the population was suffering from obesity.

Globalization has brought the world closer. Internet, television shows, magazines, and newspaper are the main factors which help people to know about various cultures. This results in the demand of new cuisines worldwide. For instance, the ‘taco’ being a Canadian dish, is a successful business in the U.S. Similarly, other cuisines like Thai food, Chinese food are a great success worldwide.

 

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