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 2019-2026. 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 take-out 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. Pre-cooked items are closely monitored for freshness and holding time.
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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.
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.
This market research report administers a broad view of the Quick Service Restaurant market on a global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Quick Service Restaurant market’s growth in terms of revenue.
The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Quick Service Restaurant market growth during the forecast period. Segmentation of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Quick Service Restaurant market through the segments and sub-segments.
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The report also provides the market size and estimates a forecast from the year 2019 to 2026 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the Quick Service Restaurant market.
The report also analyzes the factors affecting Quick Service Restaurants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
What the report features:-
- Global analysis of Quick Service Restaurant market from 2019 – 2026 illustrating the progression of the market.
- Forecast and analysis of Quick Service Restaurant market by Type Application and Regional Forecasts 2019-2026
- Forecast and analysis of Quick Service Restaurant market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
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Reasons to Buy the Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Quick Service Restaurant Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Quick Service Restaurant Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Name: Sameer Joshi
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Organization: Premium Market Insights
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