
Fast Food Market Expected to Reach $931.7 Billion by 2027 According to a new report published by Allied Market Research, titled, β Fast Food Market by Product Type and End User: Global Opportunity Analysis and Industry Forecast, 2020β2027,βthe global fast food market size is expected to reach $931.7 billion by 2027 at a CAGR of 4.6% from 2020 to 2027.Fast food is referred to the food, which can be prepared and serve quickly. Moreover, this term is also used to refer to food that is sold in restaurants/shops with preheated or precooked ingredients. The emergence of fast food has also led to the spurt of take aways and drive through delivery channels. Fast foods are also considered to be quick and low-price meal alternatives of home cooked food. The global fast-food market is poised to witness significant growth during the forecast period, owning to increase in number of fast-food restaurants, rise number of working women, tech-savvy ordering options, rise in demand for international ...