Quick Service Restaurants (QSR) market
in India is projected to grow at a CAGR of over 18% during 2021 – 2025 due to
increasing urbanization, rapid expansion in food delivery services, expanding young
& working population, growing number of dual-income families and rising disposable
income in the country. QSR market is broadly categorized
into Food & Beverages segments with Food category holding the majority share
in the market. Nevertheless, the Beverage
segment is expected to grow at a faster rate in the coming years on account of
innovative offerings being launched in this product category.
North India dominated the
country’s QSR market in 2019, and the region is expected to maintain its
dominance during the forecast period. Some of the major market players
operating in India QSR 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, among
others. Few of the other leading players include
Sierra Nevada Restaurants Private Limited, Jumboking Foods Pvt. Ltd, Wow Momo
Foods Private Limited, Barista Coffee Company Limited and others.
Domino’s Pizza, McDonald's, Café Coffee
Day, KFC (Kentucky Fried Chicken), Pizza Hut, Burger King, Starbucks, Dunkin’
Donuts, Costa Coffee, Subway and Taco Bell are few of the popular frontline QSR
brand operating in the country. Some other major brands include Wendy’s, Jumbo
King, Wow! Momo, Wat-a-burger, Nirula’s, Burgs, Smokin’ Joe’s, La Pinos and
Carls Jr Burger.
Years
considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of the India Quick Service
Restaurants market.
- To classify and forecast India Quick Service Restaurants market based
on Product, Type, Model, Sales Channel.
- To identify drivers and challenges for India Quick Service
Restaurants market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India Quick Service
Restaurants market.
- To conduct pricing analysis for India Quick Service Restaurants market.
- To identify and analyze the profile of leading players involved in
India Quick Service Restaurants market.
Click here to download the sample
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of QSR players operating across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the service offerings,
distribution channels and the presence of all major manufacturers across the
globe.
TechSci
Research calculated the market size of the India QSR market using a bottom-up approach,
wherein data for various applications across various end-user segments were
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key Target
Audience:
- Quick Service Restaurant players,
franchises and other stakeholders
- Organizations,
forums and alliances related to OTT Video Services Platform
- Government
bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers
and partners, end-users, etc. besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, India Quick Service
Restaurants market has been segmented into the following categories, in
addition to the industry trends which have also been detailed below:
- Market, By
Type
- Market, By Model
- Dine-in
- Take Away
- Home Delivery
- Market, By Sales Channel
- Physical Outlets
- Online Standalone
- Market, By
Region:
- North India
- West India
- South India
- East India
· Market, Major Cities
- Bangalore
- Mumbai
- Hyderabad
- Delhi
- Others
- Market, By Company
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in India quick service restaurants
market.
Available
Customizations
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of the direct and indirect sales channel.