Zion Market Research Fast Food Market, 2016 – 2022 | Page 2

Fast Food Market
Zion Market Research has published a new report titled “Fast Food Market by Type (Chicken,
Burger/Sandwich, Asian/Latin American Food, Pizza/Pasta, Sea-Food, and Others):
Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 –
2022”. According to the report, global fast food market was valued at over USD 539.63 billion
in 2016, is expected to reach above USD 690.80 billion in 2022 and is anticipated to grow at a
CAGR of slightly above 4.20% between 2017 and 2022.
Fast food is considered as the empty calorie food. An empty calorie food can be defined as food
with the bulk of calories and fewer or no micronutrients. Globalization and urbanization had
heavily impacted on the intake routine of consumers and fascinated them towards fast food.
Fast food restaurants can be classified on the basis of their infrastructure, namely quick service
restaurants (QSR) and roadside vendors. The QSRs are grasping the fast food market owing to
their authenticity and hygiene. Strict government regulations and pollution may hamper the
functioning of the roadside vendors.
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The fast food market is mainly driven by the rise in the pace of life of the urban population and
their requirement for inexpensive and faster options for their meals. It is also driven by the