BizVibe Examines the Future of the Fast Food Industry

BizVibe Examines the Future of the Fast Food Industry (Graphic: Business Wire)

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LONDON--()--The fast food industry is one of the most lucrative sectors of the global food and beverage market. Impacting a wide range of industries. The latest market trend has been the growth of fast casual restaurants – set to outpace the quick service restaurants soon. Apart from the way they serve, other factors such as health consciousness and diet preferences are also changing the dynamics of the fast food industry.

In a recent article titled The Future of the Fast Food Industry, BizVibe takes a look at the major factors that are driving the fast food industry to its future prospect.

BizVibe notes that the revenue of fast casual restaurants is expected to grow at a rate of 10.71% through 2021, while the revenue growth rate for quick service restaurants during the same period is expected to total just 4.03%. Amazon food services recently entering the online food and beverage sector can have a direct or indirect impact as well.

Several major factors, such as increasing demand for healthier food and beverage, increasing number of fast casual restaurants run by high-end chefs, and the increasing diet preferences for veganism, vegetarianism, and dairy- or gluten-free are driving the market.

Read the entire article here

BizVibe is home to over 254,000 food and beverage companies in the world across various sectors including food and beverage processing, storage, packaging, and more. Using BizVibe’s platform, users can generate leads, shortlist prospects, network with businesses from around the world, and trade seamlessly.

In addition to textile manufacturers in India, BizVibe is home to more than 7 million companies. The BizVibe platform allows you to discover the highest quality leads and make meaningful connections with your companies of interest in real time. Claim your company profile for free and let BizVibe connect you with potential business partners.

About BizVibe

The single-minded focus of BizVibe’s platform is to make networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade. That first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare. With this in mind, we've designed a robust set of tools to help companies generate leads, shortlist prospects, network with businesses from around the world and trade seamlessly.

BizVibe is headquartered in Toronto, and has offices in London, Bangalore and Beijing. For more information on the BizVibe network, please contact us.

Contacts

BizVibe
Jesse Maida
Media & Marketing Executive
media@bizvibe.com

Release Summary

BizVibe examines the future of the fast food Industry in the global food and beverage market.

Contacts

BizVibe
Jesse Maida
Media & Marketing Executive
media@bizvibe.com