Asia-Pacific fast food and quick service restaurants market is expected to grow with a significant CAGR of 7.5% during the forecast period (2020-2026). The market growth is attributed to the changing consumer preferences across the region that are mainly inclined towards trying international cuisines. Hence, the continuously increasing penetration of international cuisines is presenting new opportunities for the expansion of fast food and quick-service restaurants across the region. Additionally, the increasing disposable income coupled with the stable economic growth of the region is also driving more people to eat-out and use services such as home delivery and drive-thru provided by fast food and quick-service restaurants. Furthermore, the increasing consumption rate of fast food especially in developing economies such as India and China owing to the huge population base of young consumers is aiding to the growth of the market.
Browse the full report description of "Asia Pacific Fast Food and Quick Service Restaurants Market Size, Share & Trends Analysis Report by Product Type (Burger & Sandwich, Pizza & Pasta, Beverages, Desserts, Salads, Donuts, and Others Product), By Category (Vegetarian Food, Non-Vegetarian Food, and Vegan Food), By Store Type (Chain Store and Independent Store), By Distribution Channel (Online and Offline), Forecast Period 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-fast-food-and-quick-service-restaurants-market
In addition to this, the increasing popularity of home delivery due to increasing internet penetration and the emergence of various start-ups along with the restaurant chains' own delivery network is also propelling the market growth. Besides, with the increasing internet penetration in the region, the global and local fast-food brands are using digital advertisements to increase the popularity of their brands among the people. This, in turn, will also foster the growth of the fast-food and quick-service restaurants market in the Asia-Pacific region.
Market Coverage
o By Product Type
o By Category
o By Store Type
o By Distribution Channel
o Asia-Pacific
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country and segment
Asia-Pacific Fast food and quick service restaurants Market Report Segment
By Product Type
By Food Category
By Store Type
By Distribution Channel
Asia-Pacific Fast food and quick service restaurants Market Report Segment By Geography