Canada Fast Food Market, Size, Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis
Canada Fast Food Market Outlook
Canada Fast Food Market is predicted to reach US$ 38.03 Billion by using 2030, according to Renub Research. Fast food can be defined as domestic-made food which may be organized fast, without difficulty available, and served. Fast food is popularly used in eating places, motels, and speedy-food centers. In addition, it facilitates clean guidance and upkeep of food. The upward thrust in number of restaurants and inns is attributed to rapider urbanization and globalization, which in flip is anticipated to boost the growth of the Canada speedy food market. Rise in health cognizance among consumers and increased demand for healthy and tasty food pressure the market increase. There are a variety of rise in worries associated with speedy food. Researches claimed that intake of rapid food increases obese, weight problems, and other scientific issues. The fitness difficulty is the most important restraint within the Canada fast grocery store growth. This rise in worries has led humans to interchange from fast food to speedy informal food.
Canada Fast Food Market is expected to grow at a CAGR of 4.67% during 2022 to 2030.
Canada populace is about to surge via40 million by 2025, driving a 14.5% growth in disposable income. These earnings upward thrust will propel improved spending on higher first-class, amount, and diverse food merchandise. The current fashion maintains, Canada will devour greater than half in their food outside the house on the way to account for nearly 50 percentages in their household food fees. Of route, many styles of fast-food retailers are benefitting from this trend. Due to the notably inexpensive fees and brief handy provider, rapid-food shops have grown to be a "domestic far away from home" for breakfast, lunch and dinner. As a result, extra market opportunities fast food markets are providing for marketers.
Fast food intake statistics in Canada show 4 in 10 Canadians like to have their breakfast outdoor the residence when they have already began the day. 34% don’t want to cook dinner and choose the convenience of a breakfast at the cross, mainly in relation to Millennials. Most of the quick food available these days are healthy, and assist in the weight reduction with right mixtures and proportions of other foods. There has been a growth inside the demand for instant food over the past many years new product launches have permeated the Canada food enterprise.
The Canada fast food industry is in steady evolution, driven through a growing preference for on the go snacks, convenience food, and prepared-to-consume alternatives. The busy lifestyles of millennial and the rise in the number of working individuals have substantially prompted the consumption of fast food. These elements are anticipated to make a contribution to the continued enlargement of the fast food industry. Furthermore, there has been a rate uptick in patron spending on eating out in current years, partially fueled with the aid of the developing employment rates in Canada. As results, Canada Fast Food Market changed into valued at US$ 26.39 Billion in 2022.
Burgers and sandwiches are projected to dominate the Canadian speedy food industry's market proportion within the coming years.
By Type, Canada Fast Food Market is segmented into Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, Sea-food& others. In the Canadian fast food panorama, burgers and sandwiches are poised to say their dominance in the market proportion. These traditional and liked menu items have lengthy held a special place inside the hearts (and appetites) of Canadians. Their enduring popularity stems from their comfort, versatility, and the limitless opportunities for customization. With evolving consumer tastes and alternatives, speedy food chains are innovating to provide a big selection of burger and sandwich options, catering to numerous nutritional picks and culinary traits. As those iconic selections continue to adapt, their effect on the Canadian fast food scene is set to remain unmatched, ensuring their outstanding role for years yet to come.
Quick Service Restaurant segment spearheads inside the Canada rapid food market
By Service Type, Canada Fast Food Market is segmented into Quick Service Restaurant (QSR), Street Vendors, Home Delivery and Others. The Canadian fast food industry is being led by the Quick Service Restaurants phase. Renowned for his or her swiftness in serving up delicious and handy food, QSRs have come to be an essential part of the Canadian dining experience. These establishments cater to the short-paced lifestyles of purchasers, supplying a diverse range of culinary options that attract to a wide target audience. With their green provider, innovative menus, and adaptability to converting customer choices, QSRs have cemented their role as the using pressure in the Canadian fast food market. Their prominence displays the evolving tastes and needs of Canadian diners, ensuring a continued stronghold inside the enterprise.
Chained Consumer Food Service segment is poised to reshape and dominate Canada's fast food scene, meeting the rising demand for short, best dining.
By Structure, Canada Fast Food Market is segmented into Independent Consumer Food Service and Chained Consumer Food Service. In the Canadian rapid food enterprise, Chained Consumer Food Service is emerging because of the quickest-growing phase. This trend is driven by means of different factors, consisting of the benefit and reliability related to well-mounted chain eating places. Consumers are increasingly more attracted to recognizable manufacturers that provide steady first-class and a huge variety of menu options. Additionally, the pandemic has increased the adoption of virtual ordering and shipping offerings, a site in which chain restaurants have excelled. Their potential to adapt to converting purchaser preferences and the growing demand for more healthy and extra various food choices positions them as key gamers in the evolving panorama of the Canadian fast food industry, fueling their speedy growth.
In Canada, Ontario boasts the highest quantity of fast-food institutions
By States, Canada Fast Food Market is segmented into Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia, Yukon, Northwest Territories and Nunavut. Ontario holds the pinnacle role amongst Canadian provinces with the best range of speedy-food institutions. This strong presence of fast-food shops reflects the province's dynamic and various culinary panoramas, catering to a big selection of tastes and choices. With a bustling populace and a thriving food carrier industry, Ontario's rapid-food area thrives as a convenient and accessible desire for citizens and visitors. The abundance of alternatives, starting from worldwide chains to neighborhood favorites, contributes to Ontario's recognition as a hub for instant and flavorful dining studies, solidifying its main role in the Canadian Fast-Food panorama.
Key Company
Starbucks Corp, Domino's Pizza Inc, The Wendys Co, Kentucky Fried Chicken (KFC), Restaurant, Brands International Inc., A&W Food Services of Canada Inc, MTY Food Group Inc, Performance, Food Group Company, Papa John's International Inc, McDonald's, Berkshire Hathaway and Yum! Brands, Inc are the prominent participant in the Canada Fast Food Industry.
Renub Research latest report “Canada Fast Food Market by type, (Pizza/Pasta, Burger/Sandwich, Chicken, Asian/Latin American Food, Sea-food & others) by Servicetype(Quick Service Restaurant (QSR), Street Vendors, Home Delivery and Others) by Structure (Independent Consumer Food Service and Chained Consumer Food Service), by States (Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia, Yukon, Northwest Territories and Nunavut), by Company Analysis (Starbucks Corp, Domino's Pizza Inc, The Wendys Co, Kentucky Fried Chicken (KFC), Restaurant, Brands International Inc., A&W Food Services of Canada Inc, MTY Food Group Inc, Performance, Food Group Company, Papa John's International Inc, McDonald's, Berkshire Hathaway and Yum! Brands, Inc)" Provides a detailed analysis of Canada Fast Food Market.
Type – Breakup from 6 viewpoints
1. Pizza/Pasta
2. Burger/Sandwich
3. Chicken
4. Asian/Latin American Food
5. Seafood
6. Others
Services Type – Breakup from 5 viewpoints
1. Quick Service Restraunt (QSR)
2. Street Venders
3. Home Delivery
4. Cafés and bars
5. Other
Structure – Breakup from 5 viewpoints
1. Independent Consumer Food Service
2. Chained Consumer Food Service
States – Breakup from 13 viewpoints
1. Newfoundland and Labrador
2. Prince Edward Island
3. Nova Scotia
4. New Brunswick
5. Quebec
6. Ontario
7. Manitoba
8. Saskatchewan
9. Alberta
10. British Columbia
11. Yukon
12. Northwest Territories
13. Nunavut
Company Insights
• Overviews
• Recent Developments
• Revenues
Company Analysis:
1. Starbucks Corp
2. Domino's Pizza Inc
3. The Wendys Co
4. Kentucky Fried Chicken (KFC)
5. Restaurant Brands International Inc.
6. A&W Food Services of Canada Inc
7. MTY Food Group Inc
8. Performance Food Group Company
9. Papa John's International Inc
10. McDonald's
11. Berkshire Hathaway
12. Yum! Brands, Inc
Report Details:
| Report Features | Details |
| Base Year | 2022 |
| Historical Period | 2018 - 2022 |
| Forecast Period | 2023 - 2030 |
| Market | US$ Billion |
| Segment Covered | Type, Service Type, Structure and States |
| States Covered | Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia, Yukon, Northwest Territories and Nunavut |
| Companies Covered | Starbucks Corp, Domino's Pizza Inc, The Wendys Co, Kentucky Fried Chicken (KFC), Restaurant, Brands International Inc., A&W Food Services of Canada Inc, MTY Food Group Inc, Performance, Food Group Company, Papa John's International Inc, McDonald's, Berkshire Hathaway and Yum! Brands, Inc |
| Customization Scope | 20% Free Customization |
| Post-Sale Analyst Support | 1 Year (52 Weeks) |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
1. Introduction
2. Research& Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Canada Fast Food Market
6. Share Analysis – Canada Fast Food Market
6.1 By Type
6.2 By Service Type
6.3 By Structure
6.4 By States
7. By Type – Canada Fast Food Market
7.1 Pizza/Pasta
7.2 Burger/Sandwiches
7.3 Chicken
7.4 Asian/Latin American
7.5 Seafood
7.6 Others
8. By Service Type – Canada Fast Food Market
8.1 Quick Service Restaurant (QSR)
8.2 Street Venders
8.3 Home Delivery
8.4 Cafés and bars
8.5 Other
9. By Structure – Canada Fast Food Market
9.1 Independent Consumer
9.2 Chained Consumer
10. By State – Canada Fast Food Market
10.1 Newfoundland and Labrador
10.2 Prince Edward Island
10.3 Nova Scotia
10.4 New Brunswick
10.5 Quebec
10.6 Ontario
10.7 Manitoba
10.8 Saskatchewan
10.9 Alberta
10.10 British Columbia
10.11 Yukon
10.12 Northwest Territories
10.13 Nunavut
11. Cities – Canada Fast Food Chains
12. Porter’s Five Forces Analysis – Canada Fast Food Market
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Rivalry
12.4 Threat of New Entrants
12.5 Threat of Substitutes
13. SWOT Analysis – Canada Fast Food Market
13.1.1 Strength
13.1.2 Weakness
13.1.3 Opportunity
13.1.4 Threat
14. Key Players
14.1 Starbucks Corp.
14.1.1 Overview
14.1.2 Recent Development
14.1.3 Revenue
14.2 Domino's Pizza Inc.
14.2.1 Overview
14.2.2 Recent Development
14.2.3 Revenue
14.3 The Wendys Co.
14.3.1 Overview
14.3.2 Recent Development
14.3.3 Revenue
14.4 Kentucky Fried Chicken (KFC)
14.4.1 Overview
14.4.2 Recent Development
14.4.3 Revenue
14.5 Restaurant Brands International Inc.
14.5.1 Overview
14.5.2 Recent Development
14.5.3 Revenue
14.6 A&W Food Services of Canada Inc
14.6.1 Overview
14.6.2 Recent Development
14.6.3 Revenue
14.7 MTY Food Group Inc
14.7.1 Overview
14.7.2 Recent Development
14.7.3 Revenue
14.8 Performance Food Group Company
14.8.1 Overview
14.8.2 Recent Development
14.8.3 Revenue
14.9 Papa John's International Inc.
14.9.1 Overview
14.9.2 Recent Development
14.9.3 Revenue
14.10 McDonald's
14.10.1 Overview
14.10.2 Recent Development
14.10.3 Revenue
14.11 Berkshire Hathaway
14.11.1 Overview
14.11.2 Recent Development
14.11.3 Revenue
14.12 Yum! Brands, Inc.
14.12.1 Overview
14.12.2 Recent Development
14.12.3 Revenue
List of Figures:
Figure-01: Canada – Fast Food Market (Billion US$), 2018 – 2022
Figure-02: Canada – Forecast for Fast Food Market (Billion US$), 2023 – 2030
Figure-03: Type – Pizza/Pasta Market (Million US$), 2018 – 2022
Figure-04: Type – Forecast for Pizza/Pasta Market (Million US$), 2023 – 2030
Figure-05: Type – Burger/Sandwiches Market (Million US$), 2018 – 2022
Figure-06: Type – Forecast for Burger/Sandwiches Market (Million US$), 2023 – 2030
Figure-07: Type – Chicken Market (Million US$), 2018 – 2022
Figure-08: Type – Forecast for Chicken Market (Million US$), 2023 – 2030
Figure-09: Type – Asian/Latin American Market (Million US$), 2018 – 2022
Figure-10: Type – Forecast for Asian/Latin American Market (Million US$), 2023 – 2030
Figure-11: Type – Seafood Market (Million US$), 2018 – 2022
Figure-12: Type – Forecast for Seafood Market (Million US$), 2023 – 2030
Figure-13: Type – Others Market (Million US$), 2018 – 2022
Figure-14: Type – Forecast for Others Market (Million US$), 2023 – 2030
Figure-15: Service Type – Quick Service Restaurant (QSR) Market (Million US$), 2018 – 2022
Figure-16: Service Type – Forecast for Quick Service Restaurant (QSR) Market (Million US$), 2023 – 2030
Figure-17: Service Type – Street Venders Market (Million US$), 2018 – 2022
Figure-18: Service Type – Forecast for Street Venders Market (Million US$), 2023 – 2030
Figure-19: Service Type – Home Delivery Market (Million US$), 2018 – 2022
Figure-20: Service Type – Forecast for Home Delivery Market (Million US$), 2023 – 2030
Figure-21: Service Type – Cafés and bars Market (Million US$), 2018 – 2022
Figure-22: Service Type – Forecast for Cafés and bars Market (Million US$), 2023 – 2030
Figure-23: Service Type – Other Market (Million US$), 2018 – 2022
Figure-24: Service Type – Forecast for Other Market (Million US$), 2023 – 2030
Figure-25: Structure – Independent Consumer Market (Million US$), 2018 – 2022
Figure-26: Structure – Forecast for Independent Consumer Market (Million US$), 2023 – 2030
Figure-27: Structure – Chained Consumer Market (Million US$), 2018 – 2022
Figure-28: Structure – Forecast for Chained Consumer Market (Million US$), 2023 – 2030
Figure-29: Newfoundland and Labrador – Fast Food Market (Million US$), 2018 – 2022
Figure-30: Newfoundland and Labrador – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-31: Prince Edward Island – Fast Food Market (Million US$), 2018 – 2022
Figure-32: Prince Edward Island – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-33: Nova Scotia – Fast Food Market (Million US$), 2018 – 2022
Figure-34: Nova Scotia – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-35: New Brunswick – Fast Food Market (Million US$), 2018 – 2022
Figure-36: New Brunswick – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-37: Quebec – Fast Food Market (Million US$), 2018 – 2022
Figure-38: Quebec – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-39: Ontario – Fast Food Market (Million US$), 2018 – 2022
Figure-40: Ontario – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-41: Manitoba – Fast Food Market (Million US$), 2018 – 2022
Figure-42: Manitoba – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-43: Saskatchewan – Fast Food Market (Million US$), 2018 – 2022
Figure-44: Saskatchewan – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-45: Alberta – Fast Food Market (Million US$), 2018 – 2022
Figure-46: Alberta – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-47: British Columbia – Fast Food Market (Million US$), 2018 – 2022
Figure-48: British Columbia – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-49: Yukon – Fast Food Market (Million US$), 2018 – 2022
Figure-50: Yukon – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-51: Northwest Territories – Fast Food Market (Million US$), 2018 – 2022
Figure-52: Northwest Territories – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-53: Nunavut – Fast Food Market (Million US$), 2018 – 2022
Figure-54: Nunavut – Forecast for Fast Food Market (Million US$), 2023 – 2030
Figure-55: Starbucks Corp. – Global Revenue (Million US$), 2018 – 2022
Figure-56: Starbucks Corp. – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-57: Domino's Pizza Inc. – Global Revenue (Million US$), 2018 – 2022
Figure-58: Domino's Pizza Inc. – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-59: The Wendys Co. – Global Revenue (Million US$), 2018 – 2022
Figure-60: The Wendys Co. – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-61: Kentucky Fried Chicken (KFC) – Global Revenue (Million US$), 2018 – 2022
Figure-62: Kentucky Fried Chicken (KFC) – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-63: Restaurant Brands International Inc. – Global Revenue (Million US$), 2018 – 2022
Figure-64: Restaurant Brands International Inc. – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-65: A&W Food Services of Canada Inc – Global Revenue (Million US$), 2018 – 2022
Figure-66: A&W Food Services of Canada Inc – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-67: MTY Food Group Inc – Global Revenue (Million US$), 2018 – 2022
Figure-68: MTY Food Group Inc – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-69: Performance Food Group Company – Global Revenue (Million US$), 2018 – 2022
Figure-70: Performance Food Group Company – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-71: Papa John's International Inc. – Global Revenue (Million US$), 2018 – 2022
Figure-72: Papa John's International Inc. – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-73: McDonald's – Global Revenue (Million US$), 2018 – 2022
Figure-74: McDonald's – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-75: Berkshire Hathaway – Global Revenue (Million US$), 2018 – 2022
Figure-76: Berkshire Hathaway – Forecast for Global Revenue (Million US$), 2023 – 2030
Figure-77: Yum! Brands, Inc. – Global Revenue (Million US$), 2018 – 2022
Figure-78: Yum! Brands, Inc. – Forecast for Global Revenue (Million US$), 2023 – 2030
List of Tables:
Table-01: Canada Fast Food Market Share by Type (Percent), 2018 – 2022
Table-02: Canada – Forecast for Fast Food Market Share by Type (Percent), 2023 – 2030
Table-03: Canada Fast Food Market Share by Service Type (Percent), 2018 – 2022
Table-04: Canada – Forecast for Fast Food Market Share by Service Type (Percent), 2023 – 2030
Table-05: Canada Fast Food Market Share by Structure (Percent), 2018 – 2022
Table-06: Canada – Forecast for Fast Food Market Share by Structure (Percent), 2023 – 2030
Table-07: Canada Fast Food Market Share by States (Percent), 2018 – 2022
Table-08: Canada – Forecast for Fast Food Market Share by States (Percent), 2023 – 2030
Table-09: The Major Canadian Fast Food Chains
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