India Quick Service Restaurant Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 25.46 Billion |
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Market Size (2029) | USD 38.71 Billion |
|
Largest Share by Cuisine | Meat-based Cuisines |
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CAGR (2024 - 2029) | 8.74 % |
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Fastest Growing by Cuisine | Pizza |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
India Quick Service Restaurant Market Analysis
The India Quick Service Restaurant Market size is estimated at 25.46 billion USD in 2024, and is expected to reach 38.71 billion USD by 2029, growing at a CAGR of 8.74% during the forecast period (2024-2029).
25.46 Billion
Market Size in 2024 (USD)
38.71 Billion
Market Size in 2029 (USD)
7.46 %
CAGR (2017-2023)
8.74 %
CAGR (2024-2029)
Largest Segment by Outlet Type
52.33 %
value share, Chained Outlets, 2023
The growth in urbanization and the increasing demand for quick and convenient food options, along with the trend of eating out, promise ample growth for chained outlets.
Largest Segment by Cuisine Type
19.76 %
value share, Meat-based Cuisines, 2023
The increasing popularity of meat-based dishes among Indian consumers, coupled with rising disposable incomes and a growing young population, is driving the demand.
Fastest-growing segment by Outlet Type
8.94 %
Projected CAGR, Independent Outlets, 2024-2029
The rise of online food ordering and factors, such as low start-up costs, ease of operations, and localized menus, are expected to drive the growth further in the coming years.
Fastest-growing segment by Cuisine Type
11.01 %
Projected CAGR, Pizza, 2024-2029
Increased urbanization, changing consumer preferences, and the growing number of QSR chains offering pizza and pizza delivery services are helping the growth trajectory.
Leading Market Player
2.31 %
market share, Yum! Brands, Inc., Inc.
Yum! Brands, a leading player, has a diversified global system of approximately 1,500 franchisees operating more than 55,000 restaurants in over 155 countries and territories.
Fast-delivery options along with hygienic food and the essence of brand loyalty boost the sales
- Platforms for quick service restaurants (QSRs) began to provide secure, hygienic, and customizable orders over the study period. Burgers became a satisfying, instant meal due to the fast delivery of eat-at-home orders and the ever-consuming smart-eating millennials. Additionally, the high demand for chicken products such as chicken wings, nuggets, meatballs, popcorn, and burgers, which cost an average of USD 7 for 300 grams of chicken and USD 1.75 for 250 grams of vegetarian burgers, has boosted sales in the nation over the past three to four years. Owing to this, the overall QSR segment witnessed a hike of 43.2% in sales value from 2017 to 2022.
- By cuisine type, pizza is projected to be the fastest-growing, with a projected CAGR of 11.21%, by value, during the forecast period 2023-2029. The number of orders is increasing rapidly, which reached around 120 million pizzas in 2021, due to which the sales are projected to observe significant growth over the coming years. However, the market is dominated by Domino's and Pizza Hut, which together account for more than a 70% share. The new technology of online food delivery within 30 minutes and the oven bags used for delivery have gained consumers' interest.
- By outlet type, independent outlets are projected to witness the fastest-growing CAGR of 9.13%, by value, during the forecast period, 2023-2029, due to the increasing number of orders per day and costs of the products. Around 90% of the outlets are standalone, which are found in the market and streets providing easy access to the consumers. The cost of products in independent outlets is around 30-40% lower than in chained outlets, which gains consumer interest.
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India Quick Service Restaurant Market Trends
Global fast-food brands gain traction in India, led by KFC, McDonald's, and Domino's
- The number of QSR restaurants increased by 51,761 from 2020 to 2021. This growth is due to the increase in the number of global fast food with their company-operated stores and franchised chained stores, which helps to grow their footprint in the nation. Global fast-food brands such as KFC and Domino's Pizza operate in the nation, with a majority of the franchised stores. For instance, as of 2022, KFC had 335 restaurants with several franchisee owners, whereas Jubilant FoodWorks Limited is the franchisee of Domino's Pizza in India, with 1,300 stores.
- The quick service segment is majorly driven by meat-based cuisines, followed by bakeries and burgers. The increase in the number of QSR outlets in India indicated a positive Y-o-Y growth rate of 8.41% from 2021 to 2022. This has been attributed to the nation's increased consumption of meat. The per capita meat consumption grew from 6.15 kg in 2019 to 6.82 kg in 2022. Most fast-food restaurants typically offer a standardized menu with meat-based dishes, including chicken nuggets, chicken lollypops, chicken burgers, and chicken spring rolls.
- Owing to the increasing consumer spending on fast food, the number of outlets is increasing due to a large number of orders per outlet, which reached an average of 177 a day in 2022. Popular fast-food items are chicken rolls, cheese balls, burgers, pizzas, French fries, desserts, pav bhaji, and peri-peri chicken wings. The increased popularity of quick service restaurants is due to young people's propensity to eat fast food frequently. Popular fast-food chains include Haldiram's, Nirula's, and Pizza Hut. With the increased number of orders, it is predicted that the number of outlets will grow by 0.29% during the forecast period.
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Indians spend a significant portion of their food budget on fast food, with french fries, pizzas, sandwiches, burgers, wraps/rolls, and garlic bread being the most popular dishes
- Indians spend 35.3% of their total expenditure on food. The average spending on fast food has reached USD 2.98 to USD 3.65 during review period. However, in 2021, it was noted that 94% of men and 96% of women in India prefer to consume fast food once a week. Popular QSR dishes preferred by the Indians are French fries (USD 1.63 per serving), pizzas (USD 4.47 per serving), sandwiches (USD 1.33 per serving), and burgers (around USD 1.75 per serving). The popularity of wraps/rolls and garlic bread is growing and is widely accepted by young adults. The average price of garlic bread is USD 2.11 per serving, and wraps/rolls cost 2.17 per serving.
- There is an increased preference for bakery products in India. However, popular bakery products are cakes, pastries, and cookies. The average price for black forest cake/pastry is around USD 5.203 per 500-g, choco lava cake costs around USD 1.21 per piece, and red velvet cake/pastry costs USD 5.8 per 500 g. Among all, choco lava cake is highly preferable, and the majority of global QSR chains, such as McDonald's and KFC, have added this to their dessert menu. The average order value increased by 23.65% from 2017 to 2022. The rising inflation rate increased by an average of 5.13-7.54% from 2017 to 2022, and the number of orders per year increased to more than 64,647 in 2022. The growth has been attributed to chained fast-food brands that have started expanding by opening new outlets in metro and non-metro cities. For instance, in the first half of 2023, KFC and Subway opened new stores in Delhi and Punjab with all its foods and beverages on the menu and planned to expand in the nation by 2024 with more new outlets.
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India Quick Service Restaurant Industry Overview
The India Quick Service Restaurant Market is fragmented, with the top five companies occupying 4.77%. The major players in this market are Coffee Day Enterprises Limited, Doctor's Associate, Inc., Jubilant FoodWorks Limited, McDonald's Corporation and Yum! Brands, Inc. (sorted alphabetically).
India Quick Service Restaurant Market Leaders
Coffee Day Enterprises Limited
Doctor's Associate, Inc.
Jubilant FoodWorks Limited
McDonald's Corporation
Yum! Brands, Inc.
Other important companies include Graviss Foods Private Limited, Restaurant Brands Asia Limited, Tata Starbucks Private Limited, Wow! Momo Foods Private Limited.
*Disclaimer: Major Players sorted in alphabetical order.
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India Quick Service Restaurant Market News
- August 2023: Subway was acquired by private equity firm Roark Capital for USD 8.95 billion. To fully receive the amount, Subway needs to achieve certain cash flow milestones within a period of two or more years after the deal is completed.
- January 2023: Jubilant Foodworks announced its near-medium-term outlook. The company plans to open 250 stores for Domino's in India in the next 12-18 months with a capital investment of INR 900 crore.
- January 2023: Popeyes introduced the new Shrimp Roll to its seafood menu.
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We provide a complimentary and exhaustive set of data points on regional and country level metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various countries on number of outlets, average order values, and menu analysis by foodservice channels, cuisine specific insights related to full service restaurants and quick service restaurants, market trends and market size insights on cafes, bars & pubs, juice/smoothies bars, specialty tea and coffee shops, and cloud kitchen etc.
India Quick Service Restaurant Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Number Of Outlets
2.2. Average Order Value
2.3. Regulatory Framework
2.3.1. India
2.4. Menu Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)
3.1. Cuisine
3.1.1. Bakeries
3.1.2. Burger
3.1.3. Ice Cream
3.1.4. Meat-based Cuisines
3.1.5. Pizza
3.1.6. Other QSR Cuisines
3.2. Outlet
3.2.1. Chained Outlets
3.2.2. Independent Outlets
3.3. Location
3.3.1. Leisure
3.3.2. Lodging
3.3.3. Retail
3.3.4. Standalone
3.3.5. Travel
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
4.4.1. Coffee Day Enterprises Limited
4.4.2. Doctor's Associate, Inc.
4.4.3. Graviss Foods Private Limited
4.4.4. Jubilant FoodWorks Limited
4.4.5. McDonald's Corporation
4.4.6. Restaurant Brands Asia Limited
4.4.7. Tata Starbucks Private Limited
4.4.8. Wow! Momo Foods Private Limited
4.4.9. Yum! Brands, Inc.
5. KEY STRATEGIC QUESTIONS FOR FOODSERVICE CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- NUMBER OF OUTLET UNITS BY QUICK SERVICE RESTAURANTS, INDIA, 2017 - 2029
- Figure 2:
- AVERAGE ORDER VALUE, QUICK SERVICE RESTAURANTS, USD, INDIA, 2017 - 2029
- Figure 3:
- INDIA QUICK SERVICE RESTAURANT MARKET, VALUE, USD, 2017 - 2029
- Figure 4:
- VALUE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, USD, INDIA, 2017 - 2029
- Figure 5:
- VALUE SHARE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY CUISINE, %, INDIA, 2017 VS 2023 VS 2029
- Figure 6:
- VALUE OF BAKERIES FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 7:
- VALUE SHARE OF BAKERIES FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 8:
- VALUE OF BURGER FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 9:
- VALUE SHARE OF BURGER FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 10:
- VALUE OF ICE CREAM FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 11:
- VALUE SHARE OF ICE CREAM FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 12:
- VALUE OF MEAT-BASED CUISINES FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 13:
- VALUE SHARE OF MEAT-BASED CUISINES FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 14:
- VALUE OF PIZZA FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 15:
- VALUE SHARE OF PIZZA FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 16:
- VALUE OF OTHER QSR CUISINES FOODSERVICE MARKET, USD, INDIA, 2017 - 2029
- Figure 17:
- VALUE SHARE OF OTHER QSR CUISINES FOODSERVICE MARKET BY OUTLETS, %, INDIA, 2022 VS 2029
- Figure 18:
- VALUE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY OUTLET, USD, INDIA, 2017 - 2029
- Figure 19:
- VALUE SHARE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY OUTLET, %, INDIA, 2017 VS 2023 VS 2029
- Figure 20:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA CHAINED OUTLETS, USD, INDIA, 2017 - 2029
- Figure 21:
- VALUE SHARE OF CHAINED OUTLETS FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 22:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA INDEPENDENT OUTLETS, USD, INDIA, 2017 - 2029
- Figure 23:
- VALUE SHARE OF INDEPENDENT OUTLETS FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 24:
- VALUE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY LOCATION, USD, INDIA, 2017 - 2029
- Figure 25:
- VALUE SHARE OF QUICK SERVICE RESTAURANTS FOODSERVICE MARKET BY LOCATION, %, INDIA, 2017 VS 2023 VS 2029
- Figure 26:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA LEISURE LOCATION, USD, INDIA, 2017 - 2029
- Figure 27:
- VALUE SHARE OF LEISURE FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 28:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA LODGING LOCATION, USD, INDIA, 2017 - 2029
- Figure 29:
- VALUE SHARE OF LODGING FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 30:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA RETAIL LOCATION, USD, INDIA, 2017 - 2029
- Figure 31:
- VALUE SHARE OF RETAIL FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 32:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA STANDALONE LOCATION, USD, INDIA, 2017 - 2029
- Figure 33:
- VALUE SHARE OF STANDALONE FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 34:
- VALUE OF QUICK SERVICE RESTAURANTS MARKET VIA TRAVEL LOCATION, USD, INDIA, 2017 - 2029
- Figure 35:
- VALUE SHARE OF TRAVEL FOODSERVICE MARKET BY CUISINE, %, INDIA, 2022 VS 2029
- Figure 36:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, INDIA, 2019 - 2023
- Figure 37:
- MOST ADOPTED STRATEGIES, COUNT, INDIA, 2019 - 2023
- Figure 38:
- VALUE SHARE OF MAJOR PLAYERS, %, INDIA, 2022
India Quick Service Restaurant Industry Segmentation
Bakeries, Burger, Ice Cream, Meat-based Cuisines, Pizza are covered as segments by Cuisine. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.
- Platforms for quick service restaurants (QSRs) began to provide secure, hygienic, and customizable orders over the study period. Burgers became a satisfying, instant meal due to the fast delivery of eat-at-home orders and the ever-consuming smart-eating millennials. Additionally, the high demand for chicken products such as chicken wings, nuggets, meatballs, popcorn, and burgers, which cost an average of USD 7 for 300 grams of chicken and USD 1.75 for 250 grams of vegetarian burgers, has boosted sales in the nation over the past three to four years. Owing to this, the overall QSR segment witnessed a hike of 43.2% in sales value from 2017 to 2022.
- By cuisine type, pizza is projected to be the fastest-growing, with a projected CAGR of 11.21%, by value, during the forecast period 2023-2029. The number of orders is increasing rapidly, which reached around 120 million pizzas in 2021, due to which the sales are projected to observe significant growth over the coming years. However, the market is dominated by Domino's and Pizza Hut, which together account for more than a 70% share. The new technology of online food delivery within 30 minutes and the oven bags used for delivery have gained consumers' interest.
- By outlet type, independent outlets are projected to witness the fastest-growing CAGR of 9.13%, by value, during the forecast period, 2023-2029, due to the increasing number of orders per day and costs of the products. Around 90% of the outlets are standalone, which are found in the market and streets providing easy access to the consumers. The cost of products in independent outlets is around 30-40% lower than in chained outlets, which gains consumer interest.
| Cuisine | |
| Bakeries | |
| Burger | |
| Ice Cream | |
| Meat-based Cuisines | |
| Pizza | |
| Other QSR Cuisines |
| Outlet | |
| Chained Outlets | |
| Independent Outlets |
| Location | |
| Leisure | |
| Lodging | |
| Retail | |
| Standalone | |
| Travel |
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Market Definition
- FULL-SERVICE RESTAURANTS - A foodservice establishment where customers are seated at a table, give their order to a server and are served food at a table.
- QUICK SERVICE RESTAURANTS - A foodservice establishment that provides customers convenience, speed, and food offerings at lower prices. Customers usually help themselves and carry their own food to their tables.
- CAFES & BARS - A type of foodservice business that include bars and pubs that are licensed to serve alcoholic drinks for consumption, cafes that serve refreshments and light food items, as well as specialty tea and coffee shops, dessert bars, smoothie bars, and juice bars.
- CLOUD KITCHEN - A foodservice business that utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers.
| Keyword | Definition |
|---|---|
| Albacore Tuna | It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea. |
| Angus beef | It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark. |
| Asian cuisine | It includes full-service offerings in restaurants that serve cuisines from cultures such as Chinese, Indian, Korean, Japanese, Bengali, Southeast Asian, etc. |
| Average Order Value | It is the average value of all orders made by the customers at a foodservice establishment. |
| Bacon | It is salted or smoked meat that comes from the back or sides of a pig. |
| Bars & Pubs | It is a drinking establishment that is licensed to serve alcoholic drinks for consumption on the premises. |
| Black Angus | It is beef derived from a black-hided breed of cows that don't have horns. |
| BRC | British Retail Consortium |
| Burger | It is a sandwich consisting of one or more cooked beef patties, placed inside a sliced bread roll or bun roll. |
| Café | It is a foodservice establishment serving various refreshments (mainly coffee) and light meals. |
| Cafes & Bars | It is a type of foodservice business that include bars and pubs that are licensed to serve alcoholic drinks for consumption, cafes that serve refreshments and light food items, as well as specialty tea and coffee shops, dessert bars, smoothie bars, and juice bars. |
| Cappuccino | It is an Italian coffee drink that is traditionally prepared with equal parts double espresso, steamed milk, and steamed milk foam. |
| CFIA | Canadian Food Inspection Agency |
| Chained Outlet | It refers to a foodservice establishment that shares brands, operates in several locations, has central management, and standardized business practices. |
| Chicken Tender | It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird. |
| Cloud Kitchen | It is a foodservice business that utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. |
| Cocktail | It is an alcoholic mixed drink made with either a single spirit or a combination of spirits, mixed with other ingredients such as juices, flavored syrups, tonic water, shrubs, and bitters. |
| Edamame | It is a Japanese dish prepared with soybeans (harvested before they ripen or harden) and cooked in its pod. |
| EFSA | European Food Safety Authority |
| ERS | Economic Research Service of the USDA |
| Espresso | It is a concentrated form of coffee, served in shots. |
| European cuisine | It includes full-service offerings in restaurants that serve cuisines from cultures such as Italian, French, German, English, Dutch, Danish, etc. |
| FDA | Food and Drug Administration |
| Fillet Mignon | It is a cut of meat taken from the smaller end of the tenderloin. |
| Flank Steak | It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow. |
| Foodservice | It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. |
| Franks | Also known as frankfurter or Würstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany. |
| FSANZ | Food Standards Australia New Zealand |
| FSIS | Food Safety and Inspection Service |
| FSSAI | Food Safety and Standards Authority of India |
| Full service restaurant | It refers to a foodservice establishment where customers are seated at a table, give their order to a server, and are served food at a table. |
| Ghost Kitchen | It refers to a cloud kitchen. |
| GLA | Gross Leasable Area |
| Gluten | It is a family of proteins found in grains, including wheat, rye, spelt, and barley. |
| Grain-fed beef | It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grain-fed cows can also be given antibiotics and growth hormones to fatten them up more quickly. |
| Grass-fed beef | It is beef derived from cattle that have only been fed grass as feed. |
| Ham | It refers to the pork meat taken from the leg of a pig. |
| HoReCa | Hotels, Restaurants and Cafes |
| Independent Outlet | It refers to a foodservice establishment that operates with a single outlet or is structured as a small chain with no more than three locations. |
| Juice | It is a drink made from the extraction or pressing of the natural liquid contained in fruit and vegetables. |
| Latin American | It includes full-service offerings in restaurants that serve cuisines from cultures such as Mexican, Brazilian, Argentinian, Colombian, etc. |
| Latte | It is a milk-based coffee that is made up of one or two shots of espresso, steamed milk, and a thin layer of frothed milk. |
| Leisure | It refers to foodservice offered as a part of a recreation business, such as sports arenas, zoos, movie theaters, and museums. |
| Lodging | It refers to foodservice offerings at hotels, motels, guesthouses, holiday homes, etc. |
| Macchiato | It is an espresso coffee drink with a small amount of milk, usually foamed. |
| Meat-based cuisines | This inlcudes food items like fried chicken, steak, ribs, etc. where meat is the primary ingredient for the dish. |
| Middle Eastern cuisine | It includes full-service offerings in restaurants that serve cuisines from cultures such as Arabic, Lebanese, Iranian, Israeli, etc. |
| Mocktail | It is an non-alcoholic mixed drink. |
| Mortadella | It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat. |
| North American | It includes full-service offerings in restaurants that serve cuisines from cultures such as American, Canadian, Caribbean, etc. |
| Pastrami | It refers to a highly seasoned smoked beef, typically served in thin slices. |
| PDO | Protected Designation of Origin: It is the name of a geographical region or specific area that is recognized by official rules to produce certain foods with special characteristics related to location. |
| Pepperoni | It is an American variety of spicy salami made from cured meat. |
| Pizza | It is a dish made typically of flattened bread dough spread with a savory mixture usually including tomatoes and cheese and often other toppings and baked. |
| Primal cuts | It refers to the major sections of the carcass. |
| Quick service restaurant | It refers to a foodservice establishment that provides customers convenience, speed, and food offerings at lower prices. Customers usually help themselves and carry their own food to their tables. |
| Retail | It refers to a foodservice outlet inside a mall. shopping complex or a commercial real estate building, where there are other businesses operating as well. |
| Salami | It is a cured sausage consisting of fermented and air-dried meat. |
| Saturated fat | It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy. |
| Sausage | It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing. |
| Scallop | It is an edible shellfish that is a mollusk with a ribbed shell in two parts. |
| Seitan | It is a plant-based meat substitute made out of wheat gluten. |
| Self-service kiosk | It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service. |
| Smoothie | It is a beverage made by placing all the ingredients in a container and processing them together, without removing the pulp. |
| Specialty coffee & tea shops | It refers to a foodservice establishment that serves only various types of tea or coffee. |
| Standalone | It refers to a restaurants that have an independent infrastructure setup and not connected to any other business. |
| Sushi | It is a Japanese dish of prepared vinegared rice, usually with some sugar and salt, accompanied by a variety of ingredients, such as seafood—often raw—and vegetables. |
| Travel | It refers to foodservice offerings such as airplane food, dining on long-distance trains, and foodservice on cruise ships. |
| Virtual Kitchen | It refers to a cloud kitchen. |
| Wagyu Beef | It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for the market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market size estimations for the forecast years are in nominal terms. Inflation is considered for average order value, and it is forecasted as per predicted inflation rates in the countries.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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