Change in Food Habits Encourages Growth of Global Fast Food Market, Tmr Says

Submitted by: Submitted by

Views: 10

Words: 1753

Pages: 8

Category: Business and Industry

Date Submitted: 07/18/2016 10:50 PM

Report This Essay

Transparency Market

Research

Global Fast Food Market - Industry Analysis, Size, Share, Growth,

Trends, and Forecast 2013 - 2019

Published Date

28-05-2014

92 Page Report

Buy Now

Request Sample

Press Release

Global Fast Food Market to Display 4.40% CAGR from 2013 to 2019,

Changing Eating Habits in Asia Pacific Propel Market

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Global Fast Food Market

REPORT DESCRIPTION

The competitive landscape of the global fast food market includes companies such as Yum! Brands Inc.,

Burger King Worldwide Inc., McDonald’s Corporation, Jack in the Box Inc., Doctor’s Association Inc, Dominos

Pizza Inc., and Wendy’s International Inc. The competition in the market is intense owing to the presence of

a large number of fast food players catering to a smaller population. The market players are focusing on

adding healthy options in their menus owing to the growing demand for nutritious and natural food among

customers.

Key Players Focus on Asia Pacific and Latin America as Upcoming Markets for Fast Food

Among the key regions in the global fast food market, Asia Pacific and Latin America have emerged as the

promising regions and are expected to register significant growth in the near future. The market players

are strategizing to expand across the developing countries in these regions. “It is important for these

market players to expand judiciously and steadily to avoid losses due to unplanned expansions in these

regions,” cites a TMR analyst. The key companies had initially expanded across North America where fast

food is very popular. High real estate cost and labor cost are the major hiccups in the growth of the players

in this region. However, the increase in disposable income in emerging economies in Asia Pacific is

anticipated to push the market’s growth....