Latin America’s fast food and quick service restaurants market is anticipated to grow at a significant CAGR of 6.9% during the forecast period. The growth of the market is mainly influenced by the changing food consumption behavior of the consumers coupled with the high urbanization across the region. Additionally, the increasing middle-class population and high purchasing power will also impact the growth of the market. However, the increased intake of less?healthful, low?nutrient?density fast foods, and sugary beverages has shifted towards the very population with obesity issues and diabetes among all age groups. This is anticipated to significantly hinder the growth of the market during the forecast period.
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Latin America 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
Latin America 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)
Latin America Fast Food and Quick Service Restaurant Market by Food Category
- Vegetarian Food
- Non-Vegetarian Food
- Vegan Food
Latin America Fast Food and Quick Service Restaurant Market by Store Type
- Chain Store
- Independent Store
Latin America Fast Food and Quick Service Restaurant Market by Distribution Mode
- Offline
- Online
Regional Analysis
- Mexico
- Brazil
- Argentina
- Colombia
- Rest of Latin America
Company Profiles
- Bembos SAC
- Burger King Corp. (Restaurant Brands International Inc.)
- ChurroMania International Holding, LLC
- Domino’s Pizza, Inc.
- FRISBY SA
- Juan Maestro (G&N Brands SpA)
- McDonald’s Corp.
- Starbucks Corp.
- Subway IP LLC
- Yum! Brands, Inc.
The Report Covers
- Comprehensive research methodology of Latin America 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 Latin America fast food and quick service restaurants market.
- Insights about market determinants which are stimulating the Latin America 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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