The Rising Wealth of the Country will Significantly Aid the Growth of the Middle East Fast Food and Quick Service Restaurants Market

Published: Oct 2020

Middle East's fast food and quick service restaurants market is anticipated to grow with a significant CAGR of 6.7% during the forecast period (2020-2026). The growth of the market is majorly driven by the changing consumer preferences coupled with the growing number of working populations. Additionally, the increasing western culture influence on the young and millennials population across the region is also driving the adoption of fast food. In addition to this, the increasing dominance of global fast-food chains in the Middle East fast food and quick service restaurants market is also rising considerably. Some of the global brands such as Domino's Pizza, Inc., McDonald's Corp., KFC, Inc. among others have a strong operating revenue in the region.

Browse the full report description of "The Middle East 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/middle-east-fast-food-and-quick-service-restaurants-market

Middle East countries come under some of the wealthiest countries. For instance, Qatar is counted as the richest country across the globe, with a Gross National Income (GNI) per capita of around $116,800 that is more than $20,000 higher than any other nation. Therefore, the increasing wealth coupled with the changing lifestyle, taste preferences, and introduction of new cuisines is significantly catalyzing the growth of the Middle East fast food and quick service restaurants market.

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Countries Covered-

o UAE

o Qatar

o Saudi Arabia

  • Segment Covered- 

o By Cuisine Type

o By Store Type

o By Distribution Channel

  • Competitive Landscape- Domino's Pizza, Inc., McDonald's Corp., KFC, Inc., Burger King Corp.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

MIDDLE EAST Fast food and quick service restaurants Market Report Segment

By Product Type

  • Burger& Sandwich 
  • Pizza & Pasta
  • Beverage 
  • Desserts
  • Salads
  • Donuts
  • Others Product 

By Food Category 

  • Vegetarian Food 
  • Non-Vegetarian Food 
  • Vegan Food

By Store Type

  • Chain Store
  • Independent Store

By Distribution Channel

  • Offline
  • Online

Middle East Fast food and quick service restaurants Market Report – By Geography

  • UAE
  • Qatar
  • Saudi Arabia
  • Rest of Middle East

To learn more about this report request a free sample copy @  https://www.omrglobal.com/request-sample/middle-east-fast-food-and-quick-service-restaurants-market