Change in Food Habits Encourages Growth of Global Fast Food Market, TMR Says

Change in Food Habits Encourages Growth of Global Fast Food Market, TMR Says

  • Submitted By: amyjames
  • Date Submitted: 07/18/2016 10:50 PM
  • Category: Business
  • Words: 1531
  • Page: 7

Transparency Market

Global Fast Food Market - Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2013 - 2019

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Press Release
Global Fast Food Market to Display 4.40% CAGR from 2013 to 2019,
Changing Eating Habits in Asia Pacific Propel Market

Transparency Market Research
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Global Fast Food Market


The competitive landscape of the global fast food market includes companies such as Yum! Brands Inc.,
Burger King Worldwide Inc., McDonald’s Corporation, Jack in the Box Inc., Doctor’s Association Inc, Dominos
Pizza Inc., and Wendy’s International Inc. The competition in the market is intense owing to the presence of
a large number of fast food players catering to a smaller population. The market players are focusing on
adding healthy options in their menus owing to the growing demand for nutritious and natural food among
Key Players Focus on Asia Pacific and Latin America as Upcoming Markets for Fast Food
Among the key regions in the global fast food market, Asia Pacific and Latin America have emerged as the
promising regions and are expected to register significant growth in the near future. The market players
are strategizing to expand across the developing countries in these regions. “It is important for these
market players to expand judiciously and steadily to avoid losses due to unplanned expansions in these
regions,” cites a TMR analyst. The key companies had initially expanded across North America where fast
food is very popular. High real estate cost and labor cost are the major hiccups in the growth of the players
in this region. However, the increase in disposable income in emerging economies in Asia Pacific is
anticipated to push the market’s growth....

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