Fast Food Market Size, Share, Trends & Growth 2020-2027
Fast Food Market The Fast Food Market is expected to reach USD 1,013 billion by the end of 2027, expanding at a CAGR of 4.6% over the forecast period (2020-2027). The factors driving the growth of Fast Food Market includes rise in the number of street food vendors and quick service restaurants, growing popularity of online food delivery services and increasing demand for fast food items at hotels and resorts around the world. According to the report published by Bloomberg, the Global Online Food Delivery market was calculated around USD 80370 million in 2020 and is expected to reach USD 128500 million by the end of 2027, growing at a CAGR of 6.5% over the forecast period (2021-2027), which will accelerate the Fast Food Market share in the coming years. Moreover, rapid growth in the Tourism sector, rise in the internet penetration rates, growing acceptance amongst consumers towards international cuisines and increase in the launch of innovative food products, are some of the add...