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Global Quick Service Restaurant Market valued approximately USD 11.18 billion in 2018 is anticipated to grow with a healthy growth rate of more than 7.61% over the forecast period 20192026. The Quick Service Restaurant Market is continuously growing in the global scenario at significant pace. Quick service restaurants are also known as fast food restaurants. This type of restaurant focuses on fast food service and limited table service. Take away or takeout options are also offered. The food is often cooked in bulk ahead of time and kept hot until sold. Quick service restaurants are often part of a restaurant chain such as McDonalds or KFC. Fast food is often highly processed and served in bags or cartons. The food is often prepared at a central supply facility and then shipped to individual locations where they are cooked quickly in response to incoming orders. Precooked items are closely monitored for freshness and holding time. Increase in use of electronic gadgets and systems in the quick service restaurant industry, where delivery of orders on time forms the core of success and good relations with customers is the substantial driving factors of the market during the forecast period. In addition to this, growing adoption of mobile payment solutions is also fueling growth of the market. Moreover, surging adoption of advanced technology in quick service restaurant in emerging economies is the factors that likely to create numerous opportunity in the near future. However, health concerns such as obesity, strict government policy associated with plastic packaging and fluctuation in cost of raw material are the factors that limiting the growth of the market during the forecast period.
The regional analysis of Global Quick Service Restaurant Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to high demand for readytoeat meals among consumers and rising number of quick service restaurants in the region. Europe is estimated to second largest region in the global Quick Service Restaurant market over the upcoming years. Further, AsiaPacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 20192026 due to growing urbanization and increasing awareness among populace regarding with readytoeat meals across the region.
The major market player included in this report are:
Abcom Pty Ltd.
Delphi Display Systems
GoFrugal Technologies Pvt. Ltd.
HM Electronics Inc.
Imagine! Print Solutions
NEC Display Solutions of America Inc.
PAR Technology Corporation
Restaurant Service Solutions
Revel Systems Inc.
Verifone Systems Inc.
The objective of the study is to define market sizes of different segments countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2016, 2017
Base year 2018
Forecast period 2019 to 2026
Target Audience of the Global Quick Service Restaurant Market in Market Study:
Key Consulting Companies Advisors
Large, mediumsized, and small enterprises
ValueAdded Resellers VARs
Thirdparty knowledge providers
Original Article: Global Quick Service Restaurant Market Size study, by Type Hardware, Software, Service, by Application Restaurant Operation, Franchise Management, Inventory Management, Others and Regional Forecasts 20192026 [Published by Bizwit Research and Consulting] PNEXT ARTICLE
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism ...
Obesity is the condition in which excess fat has accumulated in the body (mostly in subcutaneous tissues). clinical obesity is considered to be present when a person has a BMI of over 30 (Oxford Dictionary of Medicine). It is becoming increasing common i...