Global Fast Food Market to Reach Us$617.6 Bn by 2019

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

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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...