Europe Fast Food Market By Product (Pizza/Pasta, Burgers/Sandwich, Chicken, Asian/Latin American, seafood, and others), By End User (quick-service restaurants (QSRs), fast casual restaurants, and others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Europe Fast Food Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).
Fast food is the kind of convenient food items that are prepared, served, or delivered to a consumer as per their demand. It is an alternate option of homemade food, which offers great taste and a wide variety. Along with that, it enables consumers to save their time and efforts in preparing food items of different cuisines.
Although, there are numerous concerns among the consumers regarding the consumption of fast food, which may impede the growth of the fast food market over the forecast period. There are many studies conducted across the world, which stated that the consumption of fast food can cause obesity, overweight, and other medical problems. These growing concerns would motivate consumers to shift from the consumption of fast food to healthy food, thereby hampering the growth of the market.
Moreover, the increase in the number of fast food chains, restaurants, and hotels would accelerate the growth of the regional fast food market in the coming years. The rapid rate of urbanization, rising working population, growing trend of dining out culture, and changing consumer food patterns are some of the major factors fuelling the growth of the regional fast food market over the forecast period.
The Germany market dominated the Europe Fast Casual Restaurants Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $28,883.8 million by 2027. The UK market is experiencing a CAGR of 6.2% during (2021 - 2027). Additionally, The France market would witness a CAGR of 11.1% during (2021 - 2027).
Based on Product, the market is segmented into Pizza/Pasta, Burgers/Sandwich, Chicken, Asian/Latin American, seafood, and others. Based on End User, the market is segmented into quick-service restaurants (QSRs), fast casual restaurants, and others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Fast Food Market Size will Hit $1,044.61 billion by 2027, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wendy’s International, Inc., Domino’s Pizza, Inc., Mcdonald’s Corporation, Restaurant brands international, Inc., Yum! Brands, Inc., Inspire Brands, Inc., Hardee's Restaurants LLC (CKE Restaurants Holdings, Inc.), Firehouse Restaurant Group, Inc., Focus Brands LLC (Roark Capital Group), and Subway (Doctor’s Associate, Inc.).
Scope of the Study
Market Segments Covered in the Report:
- Asian/Latin American
By End User
- Quick-Service Restaurants (QSRs)
- Fast Casual Restaurants
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Wendy’s International, Inc.
- Domino’s Pizza, Inc.
- Mcdonald’s Corporation
- Restaurant brands international, Inc.
- Yum! Brands, Inc.
- Inspire Brands, Inc.
- Hardee's Restaurants LLC (CKE Restaurants Holdings, Inc.)
- Firehouse Restaurant Group, Inc.
- Focus Brands LLC (Roark Capital Group)
- Subway (Doctor’s Associate, Inc.)
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