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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
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Press Release
Global Fast Food Market to reach US$617.6 bn by 2019, Driven by
Increasing Demand from Asia Pacific
Transparency Market Research
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Global Fast Food Market
REPORT DESCRIPTION
The report, titled “Global Fast Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2013 - 2019”, published by market research company Transparency Market Research provides a detailed
analysis of the global market for fast foods. Fast food is the food that can be prepared and served in a
lesser time than traditional meals. The report states that the global fast food market, which had a
valuation of US$477.1 bn in 2013, expanding at a 4.40% CAGR between 2013 and 2019 will reach
US$617.6 bn by 2019.
The global market for fast food observed much of its early expansion in North America, the region where
the foundations of the market were laid and where fast food is still very popular. In the coming years
however, the market is expected to generate a major portion of its revenue and see the fastest growth in
the non-traditional markets of fast foods – Asia pacific and countries falling under the Rest of the World
category of the report. The huge population base of these regions, combined with the consistently rising
GDPs and increasing disposable incomes of the population, are highlighted as the key factors driving the
fast food market in these regions. Increasing preference of consumers towards contemporary eating habits
is also a key factor driving the global fast food market.
The report states that the traditional markets for fast foods, North America and Europe are observing...