The ASEAN fast food and quick service restaurants market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. The growth of the market is being influenced by the increasing young consumer preference towards fast food owing to the busy lifestyle. Additionally, the fast-growing middle-class population is also fostering the growth of the ASEAN fast food and quick service restaurants market. In addition to this, the strong presence of the global fast-food chain will also aid in the growth of the market. For instance, 7-Eleven Inc. has more than 1,300 stores in Malaysia, 700-plus in the Philippines and Indonesia houses a growing stock of 70 stores. However, the increasing prevalence of obesity, diabetes, and various other lifestyle eating disorders are challenging the expansion of fast food and quick service restaurants market across ASEAN countries.
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The ASEAN fast food and quick service restaurants market is segmented based on product type, category, store type, and distribution channels. By product type, the market is sub-segmented into burger & sandwich, pizza & pasta, beverages, desserts, salads, donuts, and other products. By category, the market is segmented into vegetarian food, non-vegetarian food, and vegan food. Non-vegetarian food is expected to hold the largest market share in most of the economies in the region. By store type, the market is segmented into chain stores and independent stores. Moreover, by distribution channel, the market is sub-segmented into online and offline channels.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
ASEAN Fast Food and Quick Service Restaurant Market by Product Type
- Burger&Sandwich (Hamburger&Hot Dogs)
- Pizza & Pasta
- Beverage
- Desserts
- Salads
- Donuts
- Others Product (French Fries, Nuggets, Tacos,Pretzel, Croissant)
ASEAN Fast Food and Quick Service Restaurant Market by Food Category
- Vegetarian Food
- Non-Vegetarian Food
- Vegan Food
ASEAN Fast Food and Quick Service Restaurant Market by Store Type
- Chain Store
- Independent Store
ASEANFast Food and Quick Service Restaurant Market by Distribution Mode
- Offline
- Online
Regional Analysis
- Indonesia
- Thailand
- Malaysia
- Singapore
- Other
Company Profiles
- 7-Eleven, Inc.
- Burger King Corp.
- Café Amazon (PTT (Public) Co. Ltd.)
- Domino’s Pizza, Inc.
- Jollibee Foods Corp.
- McDonald’s Corp.
- PT Baba Rafi Enterprise
- Starbucks Corp.
- Subway IP LLC
- Yum! Brands, Inc.
The Report Covers
- Comprehensive research methodology of the ASEAN fast food and quick service restaurants market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the ASEAN fast food and quick service restaurants market.
- Insights about market determinants which are stimulating the ASEAN fast food and quick service restaurants market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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