Latin America's fast food and quick service restaurants market is anticipated to grow with a significant CAGR of 6.9% during the forecast period (2020-2026). The growth of the market across the region can be attributed to the rapid changes in the diet of the people such as increased away?from?home eating and snacking habits. Additionally, the rapid rise in the number of fast-food chains and quick-service restaurants to comply with the changing demographics, employment, and lifestyles of the people across the region is also aiding to the growth of the market. In addition to this, the availability of fast food at affordable prices and convenience of food preparation associated with reduced time is also favoring the rising consumption of fast food in the region.
Browse the full report description of "Latin America Fast Food and Quick Service Restaurants Market Size, Share & Trends Analysis Report by Product Type (Burger & Sandwich, Pizza & Pasta, Beverages, Desserts, Salads, Donuts, and Others Product), By Category (Vegetarian Food, Non-Vegetarian Food, and Vegan Food), By Store Type (Chain Store and Independent Store), By Distribution Channel (Online and Offline), Forecast Period 2020-2026" at https://www.omrglobal.com/industry-reports/latin-america-fast-food-and-quick-service-restaurants-market
Furthermore, the increasing penetration of global fast-food chains across the Latin American countries is also driving the growth of the fast-food and quick-service restaurant market. Global chain outlets such as Subway LLC and Burger king corp. are extensively expanding the number of outlets at commercial spaces and places of high traffic across the region. Additionally, global as well as local companies have a number of takeaway counters and self-ordering kiosks to enhance convenience for customers, thus aiding to the market growth. Strong advertisements highlighting key features of fast-food options are also increasing the consumers base for the fast food and quick service restaurants market in the region.
Market Coverage
o Mexico
o Brazil
o Argentina
o Colombia
o Rest of Latin America
o By ProductType
o By Food Category
o By Store Type
o By Distribution Channel
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
LATIN AMERICA Fast food and quick service restaurants Market Report Segment
By Product Type
By Food Category
By Store Type
By Distribution Channel
Latin America Fast food and quick service restaurants Market Report - By Geography
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