Limited-Service Restaurants Market
Limited-Service Restaurants Market Analysis by Fast Food Restaurants, Drive-in Restaurants, Pizza Delivery Shops, and Carryout Restaurants from 2023 to 2033
Analysis of Limited-Service Restaurants Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Limited-Service Restaurants Market Outlook (2023 to 2033)
The global limited-service restaurants market is valued at US$ 1,160 billion in 2023. The market is predicted to reach a valuation of US$ 1,890 billion by the end of 2033, expanding at a CAGR of 5% over the next ten years.
- 'Order, pay, take the food' is the basis of the functioning of limited-service restaurants. The general purpose of limited-service restaurants is to provide convenient services to consumers while minimizing their operational costs.
Quick response time and easy access are the main characteristics of limited-service establishments in the restaurant industry. This industry includes organizations primarily engaged in providing food services (except nonalcoholic beverages, bars, and snacks). At these places, patrons generally select or order items and pay before eating.
Drinks and food items can be consumed inside restaurant premises, delivered at the consumer’s location, or taken out. There are many companies providing food service facilities along with alcoholic beverages. In limited-service restaurants, actual services are kept to the minimum possible and staff-consumer interactions occur only during meal purchases.
Limited-service restaurants or LSRs are typical restaurant setups where consumers enquire about food products or look up menus, pay for their respective food options, and obtain a receipt of the payment. After this, they get their order delivered. Consumers can take away their food or can enjoy their meals inside the establishment.
However, full-service restaurants are defined as restaurant establishments where consumers are provided with a wide variety of services, including a broad menu on the table, waiting services, and services at the booth or counter. These restaurants are characterized by meal provisions that are ready to be consumed within respective premises or takeout.
In full-service restaurants, consumers pay for the service and meal after availing of all facilities, whereas in limited-service restaurants, they need to pay for their meals beforehand.
| Report Attributes | Details |
|---|---|
| Limited-Service Restaurants Market Size in 2023 | US$ 1,160 Billion |
| Forecasted Market Value (2033) | US$ 1,890 Billion |
| Estimated Market Growth Rate (2023 to 2033) | 5% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 4.2% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 3.5% CAGR |
| Fast Food Restaurants Segment Growth Rate (2023 to 2033) | 5.9% CAGR |
| Key Companies Profiled | McDonald’s Corporation; Starbucks Corporation; Papa John’s International, Inc.; Burger King Corporation; Subway; The Wendy’s Company; Dunkin’ Donuts LLC; Domino’s Pizza, Inc. |
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Which Factors are Contributing to Increased Number of Limited-Service Restaurants Globally?
“Convenience of Limited-Service Restaurants Attracting More Consumers”
Very less time is required for the preparation of food products in limited-service restaurants. Moreover, no table service can result in maximum satisfaction of consumer cravings if they are short on time.
There are a lot of limited-service restaurant venues that are optimizing takeout as well as delivery services owing to their limited menus. The convenient services offered by these restaurants are expected to contribute to the growth of the limited-service restaurants market.
“Lower Food Costs Creating Substantial Opportunities”
Various limited-service restaurants such as fast-food chains require less expenditure in comparison to full-service restaurants. LSRs widely use frozen ingredients instead of fresh ones due to their convenience and affordability. Thus, consumers can get different food products at economical prices, which is further expected to increase sales of food products from these restaurants.
Limited-service restaurants can get noticeable profit margins due to their lower operating costs (food costs, labor, and real estate) compared to full-service restaurants. LSRs can get a profit margin of 6-9%, whereas the margin is 3-5% in the case of full-service restaurants.
All the above-mentioned benefits of limited-service restaurants are expected to generate lucrative opportunities in the industry over the coming 10 years.
Which Key Challenge is Experienced by Limited-Service Restaurant Operators?
“Falling Percentage of Casual Diners across the World”
The rising cost of end products owing to the increasing adoption of third-party food delivery services around the world is creating challenges for such restaurants. In addition, the falling percentage of casual diners is also projected to restrict sales of foods from limited-service restaurants globally.
However, some recent developments, including sustainable food preparation processes, drone delivery services, and the trend of plant-based products are anticipated to generate lucrative opportunities for industry players over the coming years.
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Which Factor Contributes to the Growth of the North American Limited-Service Restaurants Market?
“Expansion of Limited-Service Restaurant Chains Due to Increasing Demand for Convenience Food”
North America is projected to hold a noticeable share of the global market revenue owing to the rising number of single-person households and an increasing number of adults who are living away from home. In addition, the rising disposable income of people is predicted to increase their spending capacity, which can further generate opportunities for players in the target market.
The percentage of the adult population living away from home is predicted to stimulate the demand for convenience foods from limited-service restaurants across the region.
Country-wise Insights
Why are Limited-Service Restaurant Chains Growing Substantially in the United States?
“Increasing Number of Single-person Households Generating Higher Demand for Ready-to-eat Food”
- According to data provided by Fact.MR, a market research and competitive intelligence provider, the valuation of the United States market was US$ 280 billion in 2022.
The growth opportunities are attributed to the increasing demand for convenience foods due to the rising population of working-class people. Moreover, a growing number of single-person households is also predicted to generate lucrative opportunities for market players.
- Demand for quick service restaurants (QSRs) in Canada is expected to advance at a CAGR of 4.2% from 2023 to 2033.
How is Japan Forecasted to Perform in the Asia Pacific region?
“Increasing Incidences of Home-Delivery Services in Japan”
- Sales of limited-service restaurant food in Japan are forecasted to grow at a CAGR of 2.6% from 2023 to 2033.
Growth opportunities in the market are attributed to rising home seclusion and several options that are available for home delivery/takeout facilities.
Why is the Number of Limited-Service Restaurants Increasing in Germany?
“Growing Popularity of One-the-go Food among Busy Consumers”
- Demand for food services in Germany is projected to expand at a CAGR of 3.5% during the forecast period.
Market growth is attributed to several factors, including affordability. On-the-go food is generally appreciated by busy customers as it requires less time for preparation. In addition, consumers are giving preference to home delivery services, which is estimated to create growth opportunities for market players.
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Category-wise Insights
Why are Fast-Food Restaurants Increasing Around the World?
“Popularity of Convenience Food Resulting in Increasing Number of Fast-Food Restaurants”
Based on type, the global industry is segmented into fast food restaurants, drive-in restaurants, pizza delivery shops, and carryout restaurants.
- The fast-food restaurant segment is predicted to advance at a CAGR of 5.9% from 2023 to 2033 and reach US$ 630 billion by the end of 2033.
Growth of fast-food restaurants is attributed to increasing demand for ready-to-eat meals, on-the-go snacks, convenience foods, and cold cuts. The increased consumption of fast-food is due to millennials’ hectic lifestyle along with the increasing working-class population around the world.
What is Complementing the Popularity of Limited-Service Restaurants?
“Online Distribution Channels Contributing Substantial Share to Revenue”
Online and offline channels are used for the distribution of foods prepared by limited-service restaurants. Between these two, the traction for online distribution channels is increasing among millennials owing to the rapid penetration of online food delivery services, including Zomato, Swiggy, Uber, and others. These channels ensure convenient delivery of food to consumers’ doorsteps.
Competitive Landscape
Key limited-service restaurants around the world are increasing their expenditure to strengthen their supply chain management systems to ensure maximum satisfaction to consumers.
In addition, LSR restaurants are also aiming to deliver quality products to end users while maintaining product standards and ensuring minimal environmental impact. These efforts are expected to fuel growth in the limited-service restaurants market.
Leading market players are coming up with new developments to attract a larger consumer base.
For instance,
- In April 2021, McDonald’s Japan introduced the Samurai Mac burger in its regular menu.
McDonald’s Corporation, Starbucks Corporation, Papa John’s International, Inc., Burger King Corporation, Subway, The Wendy’s Company, Dunkin’ Donuts LLC, and Domino’s Pizza, Inc. are some of the prominent limited-service restaurant chains that are operating globally.
Segmentation of Limited-Service Restaurants Industry Research
-
By Type :
- Fast-Food Restaurants
- Drive-in Restaurants
- Pizza Delivery Shops
- Carryout Restaurants
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 10.1 Fast-Food Restaurants
- 10.2 Drive-in Restaurants
- 10.3 Pizza Delivery Shops
- 10.4 Carryout Restaurants
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 11.1 Offline
- 11.2 Online
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1 North America
- 12.2 Latin America
- 12.3 Europe
- 12.4 East Asia
- 12.5 South Asia
- 12.6 Oceania
- 12.7 Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1 McDonald’s Corporation
- 22.2 Starbucks Corporation
- 22.3 Papa John’s International, Inc.
- 22.4 Burger King Corporation
- 22.5 Subway
- 22.6 The Wendy’s Company
- 22.7 Dunkin’ Donuts LLC
- 22.8 Domino’s Pizza, Inc.
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Distribution Channel, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Distribution Channel, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Distribution Channel, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Distribution Channel, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Distribution Channel, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Distribution Channel, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Distribution Channel, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Distribution Channel, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Distribution Channel, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Distribution Channel, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Distribution Channel, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Distribution Channel, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Distribution Channel, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Distribution Channel, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Distribution Channel, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Distribution Channel, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Distribution Channel, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Distribution Channel, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Distribution Channel, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Distribution Channel, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Distribution Channel, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Distribution Channel, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Distribution Channel, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Distribution Channel, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Distribution Channel, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Distribution Channel, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Distribution Channel, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Distribution Channel, 2023 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current size of the global limited-service restaurants market?
The market for limited-service restaurants stands at US$ 1,160 billion in 2023.
What is the anticipated valuation of the limited-service restaurants market by 2033?
The global market is expected to reach US$ 1,890 billion by the end of 2033.
At what rate is the fast-food segment expected to advance during the forecast period?
The fast-food restaurants segment is expected to expand at a CAGR of 5.9%.
At what rate is the limited-service restaurants market estimated to grow?
The global limited-service restaurants market is forecasted to expand at a CAGR of 5% from 2023 to 2033.
What is the projected growth rate for the Canadian market?
The market in Canada is predicted to advance at a CAGR of 4.2% through 2033.
Which region is estimated to hold a substantial share of the global market?
North America is anticipated to hold a substantial share of the global market revenue over the decade.
Limited-Service Restaurants Market