The North America Fast Food Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Fast food items have high accessibility across different countries that can be easily consumed at any location and any time. The growing popularity of fast food restaurants, or the quick service restaurants (QSRs), which provide international cuisines with great taste and convenience would surge the growth of the market.
The rise in the population of lethargic people who want meals to be delivered at home would bolster the growth of the fast food market in the upcoming years. Also, since app-based enterprises are providing attractive deals & offers along with the rising trend of online orders, the demand and growth of the fast food market would witness a spike in the forecast years. Moreover, the instant availability of healthy fast food among health-oriented consumers with various options and this would open new growth prospects for the market players.
The presence of key market players like Wendy’s, Dunkin’, McDonald's, and Burger King would accelerate the growth of the regional fast food market. Also, factors like the busy schedule of consumers, increasing demand for various international cuisines, and high disposable income, are anticipated to augment the regional market growth. The increasing number of food delivery apps like food panda would accelerate the growth of the regional fast food market during the forecast period.
The US market dominated the North America Fast Food Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $269,593.6 million by 2027. The Canada market would experience a CAGR of 9.5% during (2021 - 2027). Additionally, The Mexico market is poised to grow a CAGR of 8.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Fast Food Market is Estimated to reach $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:
By Product
- Pizza/Pasta
- Burgers/Sandwich
- Chicken
- Asian/Latin American
- Seafood
- Others
By End User
- Quick-Service Restaurants (QSRs)
- Fast Casual Restaurants
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fast Food Market, by Product
1.4.2 North America Fast Food Market, by End User
1.4.3 North America Fast Food Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Mar – 2021, Nov) Leading Players
Chapter 4. North America Fast Food Market by End user
4.1 North America Quick Service Restaurants Market by Country
4.2 North America Fast Casual Restaurants Market by Country
4.3 North America Other End user Market by Country
Chapter 5. North America Fast Food Market by Product
5.1 North America Burgers/ Sandwich Market by Country
5.2 North America Pizza/Pasta Market by Country
5.3 North America Chicken Market by Country
5.4 North America Asian/Latin American Market by Country
5.5 North America Other Product Market by Country
Chapter 6. North America Fast Food Market by Country
6.1 US Fast Food Market
6.1.1 US Fast Food Market by End user
6.1.2 US Fast Food Market by Product
6.2 Canada Fast Food Market
6.2.1 Canada Fast Food Market by End user
6.2.2 Canada Fast Food Market by Product
6.3 Mexico Fast Food Market
6.3.1 Mexico Fast Food Market by End user
6.3.2 Mexico Fast Food Market by Product
6.4 Rest of North America Fast Food Market
6.4.1 Rest of North America Fast Food Market by End user
6.4.2 Rest of North America Fast Food Market by Product
Chapter 7. Company Profiles
7.1 Wendy’s International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent Strategies and Developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Geographical Expansions:
7.2 Domino’s Pizza, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent Strategies and Developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Acquisitions and Mergers:
7.3 Mcdonald’s Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Recent Strategies and Developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Geographical Expansions:
7.4 Restaurant brands international, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent Strategies and Developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.4.4.2 Acquisitions and Mergers:
7.5 Yum! Brands, Inc.
7.5.1 Company Overview
7.5.2 Segmental Analysis
7.5.3 Recent Strategies and Developments:
7.5.3.1 Partnerships, Collaborations, and Agreements:
7.5.3.2 Acquisitions and Mergers:
7.5.3.3 Geographical Expansions:
7.6 Inspire Brands, Inc.
7.6.1 Company Overview
7.6.2 Recent Strategies and Developments:
7.6.2.1 Acquisitions and Mergers:
7.6.2.2 Geographical Expansions:
7.7 Hardee's Restaurants LLC (CKE Restaurants Holdings, Inc.)
7.7.1 Company Overview
7.7.2 Recent Strategies and Developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Geographical Expansions:
7.8 Firehouse Restaurant Group, Inc.
7.8.1 Company Overview
7.9 Focus Brands LLC (Roark Capital Group)
7.9.1 Company Overview
7.9.2 Recent Strategies and Developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Acquisitions and Mergers:
7.1 Subway (Doctor’s Associate, Inc.)
7.10.1 Company Overview
7.10.2 Recent Strategies and Developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
7.10.2.3 Geographical Expansions:
TABLE 1 North America Fast Food Market, 2017 - 2020, USD Million
TABLE 2 North America Fast Food Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fast Food Market
TABLE 4 Product Launches And Product Expansions– Fast Food Market
TABLE 5 Acquisition and Mergers– Fast Food Market
TABLE 6 Geographical Expansions– Fast Food Market
TABLE 7 North America Fast Food Market by End user, 2017 - 2020, USD Million
TABLE 8 North America Fast Food Market by End user, 2021 - 2027, USD Million
TABLE 9 North America Quick Service Restaurants Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Quick Service Restaurants Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Fast Casual Restaurants Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Fast Casual Restaurants Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Other End user Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Other End user Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Fast Food Market by Product, 2017 - 2020, USD Million
TABLE 16 North America Fast Food Market by Product, 2021 - 2027, USD Million
TABLE 17 North America Burgers/ Sandwich Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Burgers/ Sandwich Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Pizza/Pasta Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Pizza/Pasta Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Chicken Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Chicken Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Asian/Latin American Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Asian/Latin American Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Other Product Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Other Product Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Fast Food Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Fast Food Market by Country, 2021 - 2027, USD Million
TABLE 29 US Fast Food Market, 2017 - 2020, USD Million
TABLE 30 US Fast Food Market, 2021 - 2027, USD Million
TABLE 31 US Fast Food Market by End user, 2017 - 2020, USD Million
TABLE 32 US Fast Food Market by End user, 2021 - 2027, USD Million
TABLE 33 US Fast Food Market by Product, 2017 - 2020, USD Million
TABLE 34 US Fast Food Market by Product, 2021 - 2027, USD Million
TABLE 35 Canada Fast Food Market, 2017 - 2020, USD Million
TABLE 36 Canada Fast Food Market, 2021 - 2027, USD Million
TABLE 37 Canada Fast Food Market by End user, 2017 - 2020, USD Million
TABLE 38 Canada Fast Food Market by End user, 2021 - 2027, USD Million
TABLE 39 Canada Fast Food Market by Product, 2017 - 2020, USD Million
TABLE 40 Canada Fast Food Market by Product, 2021 - 2027, USD Million
TABLE 41 Mexico Fast Food Market, 2017 - 2020, USD Million
TABLE 42 Mexico Fast Food Market, 2021 - 2027, USD Million
TABLE 43 Mexico Fast Food Market by End user, 2017 - 2020, USD Million
TABLE 44 Mexico Fast Food Market by End user, 2021 - 2027, USD Million
TABLE 45 Mexico Fast Food Market by Product, 2017 - 2020, USD Million
TABLE 46 Mexico Fast Food Market by Product, 2021 - 2027, USD Million
TABLE 47 Rest of North America Fast Food Market, 2017 - 2020, USD Million
TABLE 48 Rest of North America Fast Food Market, 2021 - 2027, USD Million
TABLE 49 Rest of North America Fast Food Market by End user, 2017 - 2020, USD Million
TABLE 50 Rest of North America Fast Food Market by End user, 2021 - 2027, USD Million
TABLE 51 Rest of North America Fast Food Market by Product, 2017 - 2020, USD Million
TABLE 52 Rest of North America Fast Food Market by Product, 2021 - 2027, USD Million
TABLE 54 Key Information – Wendy’s International, Inc.
TABLE 55 Key Information – Domino’s Pizza, Inc.
TABLE 56 Key Information – Mcdonald’s Corporation
TABLE 57 Key Information – Restaurant brands international, Inc.
TABLE 58 Key Information – Yum! Brands, Inc.
TABLE 59 Key Information – Inspire Brands, Inc.
TABLE 60 Key Information – Hardee's Restaurants LLC
TABLE 61 Key Information – Firehouse Restaurant Group, Inc.
TABLE 62 Key Information – Focus Brands LLC
TABLE 63 key information – Subway
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Mar – 2021, Nov) Leading Players
FIG 5 Recent Strategies and Developments: Wendy’s International, Inc.
FIG 6 Recent Strategies and Developments: Domino’s Pizza, Inc.
FIG 7 Recent Strategies and Developments: Mcdonald’s Corporation
FIG 8 Recent Strategies and Developments: Restaurant brands international, Inc.
FIG 9 Recent Strategies and Developments: Yum! Brands, Inc.
FIG 10 Recent Strategies and Developments: Inspire Brands, Inc.
FIG 11 Recent Strategies and Developments: Focus Brands LLC (Roark Capital Group)
FIG 12 Recent Strategies and Developments: Subway (Doctor’s Associate, Inc.)