Europe Fast Food & Quick Service Restaurant (QSR) Market Size/Share Worth USD 192.4 Billion by 2030 at a 3.7% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, May 04, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Europe Fast Food & Quick Service Restaurant (QSR) Market Size, Trends and Insights By Product Type (Burgers, Sandwiches, Pizza, Fried Chicken, Others), By Service Type (Dine-In, Takeout, Delivery, Drive-Thru), By Distribution Channel (Online Ordering Platforms, Mobile Applications, Direct-To-Consumer Sales), By End User (Millennials, Families, Working Professionals), and By Region – Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of Europe Fast Food & Quick Service Restaurant (QSR) Market size & share was valued at approximately USD 105.4 Billion in 2022 and is expected to reach USD 148.9Billion in 2023 and is expected to reach a value of around USD 192.4 Billion by 2030, at a compound annual growth rate (CAGR) of about 3.7% during the forecast period 2023 to 2030.”

Quick Service Restaurants (QSRs) are popular due to their ability to serve food quickly, making them a preferred choice among consumers. This demand is further fueled by the increasing number of working professionals seeking the convenience and efficiency QSRs offer. As a result, the market for QSRs is expected to continue growing.

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Europe Fast Food & Quick Service Restaurant (QSR) Market: Growth Factors and Dynamics

The Europe Fast Food & Quick Service Restaurant (QSR) Market is expected to experience significant growth in the coming years. The growth can be attributed to several factors, including:

1. Increasing demand for convenience: QSRs provide fast and convenient options for consumers who are short on time. With the growing number of working professionals and busy lifestyles, there is an increasing demand for quick and easy food options.

2. Wide menu options: QSRs offer a wide range of options to cater to diverse consumer preferences. These options include burgers, sandwiches, pizza, fried chicken, and more. With an increasing focus on healthier and plant-based menu items, QSRs are also expanding their offerings to cater to changing consumer demands.

3. Growing popularity of delivery services: Delivery services have become increasingly popular, with many QSRs partnering with delivery platforms to reach a wider audience. This trend has been further accelerated by the COVID-19 pandemic, which has led to a greater emphasis on contactless delivery options.

4. Technological advancements: QSRs are leveraging technology to improve the ordering and delivery process, enhance customer experience, and increase efficiency. Mobile apps, self-service kiosks, and digital menu boards are some of the technological advancements that QSRs are adopting.

5. Increasing investment and expansion: QSR chains are increasingly investing in expanding their operations in Europe. This includes expanding their number of outlets, introducing new menu items, and investing in technology and innovation to stay competitive.

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Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
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• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request.
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
• Includes Tables and figures have been updated.
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Europe Fast Food & Quick Service Restaurant (QSR) report has been modified to include the COVID-19 impact study prior to delivery.)

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Europe Fast Food & Quick Service Restaurant (QSR) Market – Mergers and Acquisitions

The Europe Fast Food & Quick Service Restaurant (QSR) market has seen several mergers and acquisitions over the years. Some of the notable examples include:

Acquisition of Burger King by Restaurant Brands International (RBI): In 2014, RBI, the parent company of Tim Hortons, acquired Burger King, creating one of the largest QSR companies in the world.

• The merger of Just Eat and Takeaway.com: In 2020, Just Eat and Takeaway.com completed their merger, creating one of the largest food delivery companies in the world. The merged company is expected to expand its QSR partnerships across Europe.
• Acquisition of Pret A Manger by JAB Holding Company: In 2018, JAB Holding Company, a privately held investment firm, acquired Pret A Manger, a UK-based QSR chain known for its sandwiches and coffee.
• Acquisition of Vapiano by Foodtastic: In 2021, Foodtastic, a Canadian restaurant franchise company, acquired Vapiano, a German-based QSR chain specializing in Italian food.

These mergers and acquisitions have helped QSR companies to expand their reach, enter new markets, and diversify their product offerings. They have also led to consolidation within the industry, with larger companies acquiring smaller ones to gain a competitive advantage.

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Report Scope

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Europe Fast Food & Quick Service Restaurant (QSR) Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Europe QSR Market. The restrictions and lockdowns imposed by governments to control the spread of the virus have affected the operations of QSRs, resulting in a decline in sales.

However, QSRs have been quick to adapt to the changing landscape and have implemented several measures to ensure customer safety and continue their operations. These measures include contactless ordering and delivery, increased cleaning and sanitization, and social distancing measures. Furthermore, the pandemic has accelerated the shift towards online ordering and delivery services. QSRs have responded by partnering with delivery platforms and investing in their own delivery infrastructure to meet the increasing demand for contactless delivery.

Despite the challenges posed by the pandemic, the QSR industry has shown resilience and adaptability in the face of adversity. The industry is expected to continue growing, with QSRs focusing on technology and innovation to enhance the customer experience and cater to changing consumer demands.

Key questions answered in this report:

• What is the size of the Europe Fast Food & Quick Service Restaurant (QSR) market and what is its expected growth rate?
• What are the primary driving factors that push the Europe Fast Food & Quick Service Restaurant (QSR) market forward?
• What are the top companies of the Europe Fast Food & Quick Service Restaurant (QSR) Industry?
• What are the different categories that the Europe Fast Food & Quick Service Restaurant (QSR) Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Europe Fast Food & Quick Service Restaurant (QSR) market sample report and company profiles?

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Key Offerings:

• Market Share, Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Key Players in the Europe Fast Food & Quick Service Restaurant (QSR) Market:

• McDonald’s Corporation
• Yum! Brands, Inc.
• Restaurant Brands International Inc.
• Domino’s Pizza, Inc.
• Subway Systems Europe B.V.
• Pizza Hut International, LLC
• Burger King Europe GmbH
• KFC Europe
• Nando’s Group Holdings Limited
• Greggs plc
• Others

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Browse the full “Europe Fast Food & Quick Service Restaurant (QSR) Market Size, Trends and Insights By Product Type (Burgers, Sandwiches, Pizza, Fried Chicken, Others), By Service Type (Dine-In, Takeout, Delivery, Drive-Thru), By Distribution Channel (Online Ordering Platforms, Mobile Applications, Direct-To-Consumer Sales), By End User (Millennials, Families, Working Professionals), and By Region – Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/europe-qsr-market/

The Europe Fast Food & Quick Service Restaurant (QSR) Market is segmented as follows:

By Product Type:

• Burgers
• Sandwiches
• Pizza
• Fried Chicken
• Others

By Service Type:

• Dine-In, Takeout
• Delivery
• Drive-Thru

By Distribution Channel:

• Online Ordering Platforms
• Mobile Applications
• Direct-To-Consumer Sales

By End User:

• Millennials
• Families
• Working Professionals

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On the basis of Geography

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

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This Europe Fast Food & Quick Service Restaurant (QSR) Market Research/Analysis Report Contains Answers to the following Questions.

• What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
• Who Are the Key Players in This Europe Fast Food & Quick Service Restaurant (QSR) Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Market Status of the Europe Fast Food & Quick Service Restaurant (QSR) Market? What Was the Capacity, Production Value, Cost and PROFIT of the Europe Fast Food & Quick Service Restaurant (QSR) Market?
• What Is the Current Market Status of the Europe Fast Food & Quick Service Restaurant (QSR) Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Europe Fast Food & Quick Service Restaurant (QSR) Market by Considering Applications and Types?
• What Are Projections of the Europe Fast Food & Quick Service Restaurant (QSR) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Europe Fast Food & Quick Service Restaurant (QSR) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Europe Fast Food & Quick Service Restaurant (QSR) Industry? What are Macroeconomic Environment Analysis Results? What Are Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Europe Fast Food & Quick Service Restaurant (QSR) Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Europe Fast Food & Quick Service Restaurant (QSR) Industry?

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Reasons to Purchase Europe Fast Food & Quick Service Restaurant (QSR) Market Report

• Europe Fast Food & Quick Service Restaurant (QSR) Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Europe Fast Food & Quick Service Restaurant (QSR) Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Europe Fast Food & Quick Service Restaurant (QSR) Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Europe Fast Food & Quick Service Restaurant (QSR) Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the Europe Fast Food & Quick Service Restaurant (QSR) market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Europe Fast Food & Quick Service Restaurant (QSR) market analysis.

• The competitive environment of current and potential participants in the Europe Fast Food & Quick Service Restaurant (QSR) market is covered in the report, as well as those companies’ strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

•  Participants and stakeholders worldwide Europe Fast Food & Quick Service Restaurant (QSR) market should find this report useful. The research will be useful to all market participants in the Europe Fast Food & Quick Service Restaurant (QSR) industry.

•  Managers in the Europe Fast Food & Quick Service Restaurant (QSR) sector are interested in publishing up-to-date and projected data about the worldwide Europe Fast Food & Quick Service Restaurant (QSR) market.

•  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Europe Fast Food & Quick Service Restaurant (QSR) products’ market trends.

•  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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