DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Quick Service Restaurants Market 2016-2020" report to their offering.
The Global Quick Service Restaurants Market to grow at a CAGR of 4.03% during the period 2016-2020.
Global Quick Service Restaurants Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Due to increased demand for customization in food served in quick service restaurants, customers are given the option to design their meals according to their tastes and dietary requirements. This, coupled with the rising demand for on-the-go food globally, is expected to contribute significantly to market growth during the forecast period.
A trend boosting market growth is the rise in demand for nutritious on-the-go breakfast options. Quick service restaurant vendors are looking to add a nutritional boost to their on-the-go breakfast menu and are therefore coming up with innovative and nutritious breakfast food with whey protein as the primary ingredient, which is an ideal source of energy to start the day and one of the most popular superfoods among consumers.
According to the report, a key driver for market growth is growing innovation in the market and customization in the food menu. Customers in quick service restaurants need new flavors, combination food infused with bold flavors, and premium alternatives. The demand for innovative and exotic flavored fast food is more prominent among the millennials. In addition, they are looking for options to customize their food based on their calorie intake per day.
Further, the report states that one challenge that could hamper market growth is the threat associated with contamination of raw materials.
To calculate market size, the report takes into consideration the revenue generated through the sales by major quick service restaurant vendors in the market.
Key vendors
- Chick-fil-A
- Domino's
- Dunkin' Brands
- McDonald's
- Restaurant Brands International
- Starbucks, Subway
- The Wendy's Company
- Yum! Brands
Other prominent vendors
- Arby's Restaurant Group
- Autogrill Group
- Carl's Jr. Restaurants
- Church's Chicken
- Dairy Queen
- Del Taco Restaurants
- Dicos
- In-N-Out Burger
- Jack in the Box
- Jollibee Foods
- Little Ceasars
- MOS Food Services
- Mr. Lee
- Papa John's
- Popeyes Louisiana Kitchen
- Sonic Drive-In
- Telepizza
- Whataburger
- White Castle
For more information visit http://www.researchandmarkets.com/research/dlxn6j/global_quick
