North America Fast Food Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Fast food is the better choice of food in a society that functions at high speed. Fast foods and junk foods contain a high percentage of the fats, sugar, and sodium. They are fast to prepare, have good taste, and addictive. Also, this saves the price of cooking in the kitchen thus makes fast food cost effective. Fast food is made with fewer quality products which make them unhealthy and less nutritious. Many fast-food meals have added sugar not only does that mean extra calories, but also little nutrition.

North America Fast Food Market Size & Growth:

The North America fast food market is estimated to reach $272.51 Billion by 2025 from $191.45 Billion in 2019, at a CAGR of 4.7% during 2019-2025. The prominent factors leading the North America fast food market growth are changing in the taste of consumer preferences, increasing number of working population, increasing number of fast food restaurants and an increasing number of international cuisines. High setup cost and growing health awareness in the people are hampering the market growth during the forecast period. The significant challenges facing by the North America fast food market are food safety regulations and preparation of healthier meals are creating profitable opportunities for the fast food market growth during 2019-2025.

North America Fast Food Market Segments Share:

The North America fast food market is segmented based on the product and geography. By product, the North America fast food market is segregated into burger/sandwich, pizza/pasta, chicken, Asian/Latin American food, seafood and others. Among these, pizza/pasta segment is expected to register the highest growth in North America fast food market segment during the fast food market analysis, and burger/sandwich segment holds the largest market in North America fast food market during fast food market segmentation.

By geography, North America is segregated into U.S., Canada and Mexico. Among these, U.S. holds the largest fast food market share in North America fast food market due to a busy lifestyle, high demand for convenient food and healthy changes in fast food market menus and Canada is expected to register the highest growth in North America fast food market. A fast food market report says this is due to favourable demographics, greater urbanisation, increase in fast food market trends and high adoption of the western lifestyle.

North America Fast Food Market Trends:

• May 2018. Yum Brands recently won top honours at 16^th supplier assessment awards that are hosted by restaurant supply chain solutions.
• July 2018. Pizza Hut has a new robot waiter called dilly plate. A robot waiter serves diners pizzas to the customers at pizza hut.
• August 2018. Auntie Anne’s Pumpkin Spice Pretzel are coming back due to an increase in demand of the Pumpkin Pretzel Nuggets.

North America Fast Food Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact on altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the North America Fast Food Market are:

• McDonald’s
• KFC
• Hardee’s
• Pizza Hut
• Domino’s
• Subway

Along with these companies, there were many other companies considered/ cited in the report while analysing the North America fast food market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.