According to a recently released TechSci Research report, “India Quick Service Restaurants Market By Product, By Type, By Model, By Sales Channel, By Region, By Major City, Competition, Forecast & Opportunities, 2025”, Quick Service Restaurants (QSR) market in India is projected to grow at a CAGR of more than 18% during the period 2020-2025 on account of increasing number of working women, rising internet penetration, growing disposable income and increasing inclination towards online food delivery. Moreover, increasing urbanization, evolving lifestyles and growing number of nuclear families in India are also boosting the QSR market in the country. Latest trends in India QSR market include menu diversification, delivery expansion and developing taste for the foreign delicacies.
Browse more than 15 market data Figures spread through 70 Pages and an in-depth TOC on “India Quick Service Restaurants Market”
Quick Service Restaurants market in India is broadly categorized into Chain and Standalone QSRs. Chain QSR segment accounts for the majority market share and the segment’s share is forecast to further increase in the coming years. In 2019, in terms of regions, the India QSR market was dominated by the North region, followed by West, South and East regions of the country. Major players operating in India Quick Service Restaurants market include Jubilant FoodWorks Limited, Coffee Day Global Limited, Hardcastle Restaurants Pvt. Ltd. (HRPL), Sapphire Foods India Pvt Ltd, Devyani International Limited, Connaught Plaza Restaurants Limited, Burger Kind India Pvt Ltd, Tata Starbucks Private Limited, Subway System India Pvt Ltd, Burman Hospitality Private Limited, etc.
Currently, popular brands in India QSR market are Domino’s Pizza, McDonald’s, Café Coffee Day, KFC (Kentucky Fried Chicken), Pizza Hut, Burger King, Starbucks, Dunkin’ Donuts, Costa Coffee, Subway, Taco Bell, Wendy’s, Jumbo King, Wow! Momo, Wat-a-burger, Nirula’s, Burgs, Smokin’ Joe’s, La Pinos, and Carls Jr Burger and others. In 2019, Jubilant FoodWorks Limited held the largest market share in the country’s QSR market, and the company is expected to continue its dominance through 2025
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“India Quick Service Restaurants market is expected to grow at a rapid pace in the coming five years due to increasing urbanization and working population. Also, increasing number of working women, high-end product quality and international brand expansions are few of the other major factors that are expected to augur well for the county’s QSR market in the years to come.”, said Mr Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Quick Service Restaurants Market By Product, By Type, By Model, By Sales Channel, By Region, By Major City, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India Quick Service Restaurants market and provides statistics and information on market structure, consumer behavior and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities available in India Quick Service Restaurants market.
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