Qsr market size in india. Many global brands in QSR food servicing have resorted .

Qsr market size in india Premium Statistic Market size of quick service restaurants in India 2024-2029 Premium Statistic Market share of QSR chains in India FY 2022, presence though not very dominant, thereby splitting the market share. 14 billion by 2032, exhibiting a CAGR of 8. 5% to reach USD 363. 37 billion by 2030. billion in 2014. 37 bn by FY2025. Table 4 India Cloud Kitchen Market Size, By Product, By Value, 2019–2029 Retail | QSR . com - id: 7c48e3-Mzk1M Jul 22, 2022 · "The diamond industry is a centre of India’s luxury market and an important contributor to the Indian economy. Jun 12, 2024 · The quick-service restaurant market in India was valued at about 25. A quick service restaurant (QSR) is a cuisine certain food items rapidly and with minimal preparation time. 1% by 2025-2033. Global tourism industry - statistics & facts Premium Statistic Textile industry market size in India 2009-2030 Jul 15, 2024 · The overall QSR market is expected to witness a CAGR of 19% reaching a market size of USD 15. 66 million in 2024 and is projected to grow at a CAGR of 8. However, this paradigm is evolving rapidly as tier The Airport Quick Service Restaurants Market size is expected to reach USD 35. The Indian restaurant industry is growing at a CAGR of 8. 7% during 2023–2031. The quick service restaurants provide quick stomach filling food items. Growth Projections for India’s QSR Market: Current market size (2023): USD 16. 1%, with the South Indian segment playing a significant role. India's retail sales in December 2023 grew by a modest 4% compared to the same period in 2022, with October and November showing 7% growth, resulting in a sluggish quarter for retailers. The demand for quick service restaurants (QSRs Nov 19, 2024 · If you look at the restaurants and the QSR industry, this trend has been ongoing for some time now where QSRs have underperformed the GOV growth posted by the aggregators and we see a similar trend now play out in FMCG where because of quick commerce, because of modern retail, we are starting to see a divergence in trends particularly in urban large cities and in smaller urban cities where Jun 1, 2022 · The QSR service market in India has shown consistent growth since Fiscal 2014. 46 billion USD in 2024, and is expected to reach 38. com, Inc. 06 billion in 2025 and grow at a CAGR of 12. 96% during the forecast period. The India Quick Service Restaurant Market is expected to reach USD 25. Amazon. 27 Bn in FY 2027, expanding at a compound annual growth rate (CAGR) of ~20. 6 billion) in 2022 and is forecast to record a CAGR of over 12% during 2022-2027. The Covid-19 epidemic has caused a decline in the food service industry, with governments around the world issuing lockdown and "remains at home" orders, and consumers opting to stay indoors to avoid the spread of the novel coronavirus. Aug 30, 2024 · Market size of quick service restaurants in India 2024-2029; Market share of QSR chains in India FY 2022, by cuisine type "Number of Quick Service Restaurant (QSR) outlets in India from IIMA INDIA Research and Publications Indian QSR Industry – Opportunities and Strategies to Harness Them Piyush Kumar Sinha Professor, Indian Institute of Management Ahmedabad Introduction Indian QSR Industry is growing very rapidly. 71 billion by 2029, growing at a CAGR of 8. 98 billion in 2024 to USD 710. dollars) The India Quick Service Restaurant Market size is estimated at 25. Market size of quick service restaurants in India 2024-2029; United Arab Emirates Quick Service Restaurant Market Analysis The United Arab Emirates Quick Service Restaurant Market size is estimated at 6. Feb 13, 2023 · [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of the Global Fast Food & Quick Service Restaurant (QSR) Market size Jul 24, 2024 · Top 10 quick service restaurants (QSR) in India, renowned for their delicious fast food offerings, efficient service, and significant contributions to the food and beverage industry. Nov 11, 2024 · Doner Shack’s key customer target demographic is aged between 18 and 34, and with 65% of Indians under 35 years old, it makes them a prime market for the brand. dollars in 2029. India’s QSR market size is estimated at US$25. 62% during the forecast period. "These are common perceptions with which The Indian quick service restaurant industry accounted for approximately US$. Indian QSR Market Size, Source: Mordor Technology in India’s QSR Industry 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. 27 billion by 2030, exhibiting a CAGR of 9. Sep 5, 2023 · These cities, once considered untapped markets, are now becoming the epicentre of growth, challenging the dominance of global QSR giants in the Indian market. 60% during 2024-2032 . 25% by FY 2027. The India foodservice market research report provides an in-depth evaluation of the food service market in the country, including an analysis of the key issues impacting the market, and the opportunities this presents for the Apr 21, 2023 · The rating agency, ICRA said, the quick service restaurant sector (QSR) in India is anticipated to grow by 20–25% in the current fiscal year due to an increase in demand and more market penetration driven by a rapid shop expansion. 83 Billion in 2023 . South Indian restaurants, both quick-service and fine dining, are mushrooming in Nov 22, 2024 · Key Insights. Find Stock Market Live Updates, BSE, NSE Top Gainers, Losers and more. Frequency and average spends on outside food have been increasing across cities 5. 9 billion transactions and a CAGR of 5. 98 billion by 2034, with a compound annual growth rate (CAGR) of 4. Emerging QSR brands 5. 71 billion USD by 2029, growing at a CAGR of 8. 85 billion in 2022. 6 Billion in 2024, and is projected to reach USD 35. 68 billion in 2023 and is projected to grow from USD 971. 27% from FY 2016 to FY 2020 and is expected to reach about Rs 826. As we approach this year’s Union Budget, we are hoping for progressive policies that deal with the challenges faced by the diamond industry and encourage growth and innovation. The global airport quick service restaurant (QSR) market size was USD 169 Billion in 2022 and is likely to reach USD 251 Billion by 2031, expanding at a CAGR of 4. 46 billion in 2024 and grow at a CAGR of 8. As of FY20—organized QSRs had a market size of Jan 1, 2021 · The QSR (quick service restaurants) industry in the emerging economies such as India is undergoing a wave of disruption and re-engineering. The domestic quick service restaurant (QSR) industry* had witnessed a sharp downturn due to Covid-19 disruptions, wherein the dine-in segment of the business was highly impacted following restricted social norms amid the pandemic. We remain positive on the QSR space in India. India quick service restaurants market size reached US$ 22. Kotni (2015) in his study on Attributes of Customer Patronage Quick Service Restaurants (QSR) Market Share size and share are expected to exceed USD 468. 55 billion USD in 2025, and is expected to reach 16. Feb 22, 2021 · International brands dominate this space as players such as Domino’s Pizza, McDonald’s, Burger King, KFC and Subway, cumulatively accounted for about 52 per cent of the chain QSR market in Feb 13, 2024 · Brand value of leading global QSR brands 2024; Topics. The Quick Service Restaurant (QSR) Market was valued at USD 280 Billion in 2024 and is anticipated to reach USD 450 Billion by 2031, growing at a CAGR of 6. According to a report by Researches and Markets, the Quick Service Restaurants (QSR) market in India is projected to grow at a CAGR of over 18% during 2021-2025. This will be on the back of large food service chains such as McDonald’s, Burger King, and Domino’s, among others, deepening their reach in India’s smaller cities Feb 13, 2023 · [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of the Global Fast Food & Quick Service Restaurant (QSR) Market size Mar 10, 2024 · Market Overview Size and Growth. 3 billion through 64 deals. “Snacking is an under-penetrated category in India, especially for QSRs serving Indian food. The India fast food market size was valued at USD 18. 9 billion in 2022 and is estimated to grow to over INR 431 billion by 2027. The sector is seeing unparalleled development for a multitude of reasons, including but not limited to: May 15, 2024 · The Market Size. 1 billion by 2013 and $9. 7 Bn at a CAGR of 5. Nov 18, 2016 · The quick service restaurant (QSR) market in India has grown significantly due to Indians' increasing appetite for convenience and international foods. 5 trillion INR in 2019 respectively. The QSR market in India was valued at INR 171. 8% from 2022 to 2030. 5 billion) in 2022 and is forecast to record a CAGR of over 11% during 2022-2027. 41% during the forecast period (2025-2030). The organized space in India’s FSI consists of players that possess three Oct 14, 2022 · By 2025, the Indian QSR industry will have grown by 17. Mar 6, 2024 · At its peak in the fiscal year of 2022, India’s quick-service restaurant industry was worth over 171. 77 billion. 81% during the forecast period. 36 billion in 2024 to USD 1,930. 8% during the forecast period. 19 billion USD in 2025, and is expected to reach 139. The industry’s growth is fueled by the rising middle class and the proliferation of digital platforms for food delivery. 98 billion by 2034, at a CAGR of 4. 23%). Feb 22, 2021 · India’s QSR market is expected to clock a compound annual growth rate of 23% between now to fiscal year 2025. Oct 31, 2023 · The India foodservice profit sector recorded value sales of INR10. Take-away: Projected market share of ~21. , Flipkart Private Limited, eBay, Inc. 14 billion in 2022 and is projected to grow from USD 78. Today Indian QSRs with a menu filled with food with desi touch are finding success in the Indian market. Quick service restaurant Samosa Party has now taken its count to more than 50 locations in India. With the prices of raw materials Dec 6, 2024 · The Market Size. Read more Reports Description. 5% over the next five years. An increase in consumers' propensity to eat out and a growing number of innovative fast-food chains are The domestic QSR players to continue to expand their store network, at a healthy pace over the next two fiscals. 77 billion in 2025 and grow at a CAGR of 4. QSR market in India ─ Size and growth forecast (FY 2021 ─ FY 2027e) 5. It is forecasted that the Indian quick service restaurant industry will grow at a CAGR of « percent over the period 2015 -2019 reaching at a size of US$billion by 2019 The report titled “Indian Quick Service Restaurant Industry- Trends and Opportunities (2015-2019)” provides. 56 billion in 2023 to USD 151. is expected to hit around USD 410. 38 billion USD by 2030, growing at a CAGR of 20. 3. Yum! Oct 14, 2022 · Date – January 23rd, 2012; QSR sector of the business in Indian market. 9%, according to a new report by Polaris Dec 14, 2022 · American QSRs brought QSR business to India but their idea of standardization of menu does not suit the Indian market. 62 Billion by 2031 at CAGR of 8. Ecommerce platforms enable customers to purchase fashion products like apparel, footwear, accessories, jewelry and more through online channels. 8 trillion ($36. Domino’s Jun 10, 2024 · India’s quick-service restaurant (QSR) market is expected to clock a compound annual growth rate of 23% between FY21 and fiscal year 2025. Topic overview. The quick service restaurants market in India was valued at approximately INR 171. The Kalaari Capital-backed Samosa Party is building a Global QSR on India’s most preferred snack, Samosa. Global tourism industry - statistics & facts Retail market size in India 2011-2030; GMV of e-retail market in India 2014 Fast Food & Quick Service Restaurant Market Outlook for (2024 to 2034) The fast food & quick service restaurant market size is estimated to be USD 1,97,162. 21 billion in 2025 and grow at a CAGR of 21. 46 billion U. 93% during the forecast period (2023-2029). 29% to reach USD 64. 02% during the forecast period (2024 - 2032). Dec 18, 2024 · The global quick service restaurants (QSR) market size is projected to grow from USD 289. According to GlobalData, QSR makes up 61% of all restaurant types in India. Mar 20, 2023 · Another player in the samosa QSR market is Samosa Party. What is the current Airport Quick Service Restaurants Market size? In 2025, the Airport Quick Service Restaurants Market size is expected to reach USD 35. Ltd are the major companies operating in this market. Apr 24, 2023 · The report suggests that the top five players in the domestic quick-service restaurant (QSR) industry are likely to add ~2,300 stores between FY2023-FY2025 with an estimated capex at around ~Rs. 25% during the forecast period from 2024 to 2029, according to Mordor Intelligence. The organized QSR market is currently worth INR 5,500 crore and is projected to reach INR 16,785 crore by 2018, growing at a CAGR of 25%. 2. This continuing growth is attributed to the rising population and disposable income, allowing consumer spending to reach US$3. 15 billion by 2030. 46 billion in 2024, and is expected to reach USD 38. India Commercial Refrigeration Equipment Market Competition 2023. 88% during Aug 23, 2024 · In its menu analysis of QSR in India report, GlobalData analyses 14 million menu items across QSR outlets and provides an overview of various foodservice channels in India. Covid-19 Impact & Market Status. 6 Billion at a CAGR of 5. 54 billion by 2030. 5 Billion by 2033, at a CAGR of 7. Aug 30, 2024 · In the financial year 2022, Pizza had the largest market share of Quick Service Restaurant (QSR) chains based on cuisine type in India. The India Quick Service Restaurant - QSR market had a market share of USD 4883. 65 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4. 30 billion by 2030. It is a reflection of the change in the lifestyle, food habits and consumption pattern of the population. 12 + 843. Jun 17, 2024 · Average order value of Quick Service Restaurant (QSR) in India from 2017 to 2023, with projections until 2029 (in U. Frequency and average spends on outside food have been increasing across Apr 27, 2024 · The Japan Quick Service Restaurant - QSR market is projected to witness growth at a CAGR of 5. Mar 31, 2020 · Dublin, March 31, 2020 (GLOBE NEWSWIRE) -- The . 6 trillion by 2020. Aug 30, 2024 · In 2023, the top three Quick Service Restaurant (QSR) brands in India were Domino’s, Pizza Hut, and KFC, which had a significant market presence in tier-one cities and a notable footprint in Quick Service Restaurant companies. ICT Industry in India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) India ICT Market report is segmented by type (hardware, software, IT services, and telecommunication services), size of enterprise (micro, small, & medium enterprises, and large enterprises), industry vertical (BFSI, IT & telecom, government, retail & e-commerce, manufacturing, and energy & utilities), and The market size of cloud kitchens in India was of about 0. 43% of the total food services market. Looking forward, IMARC Group expects the market to reach USD 11. The United Kingdom (UK) Quick Service Restaurant (QSR) market size is estimated at $34. Samsung Electronics, NCR Corporation, IER SAS, KIOSK Information Systems and Nexcom International Co. 1% from 2024 to 2031. 46b in 2024 and is expected to reach US$38. The quick service restaurants industry is projected to grow from USD 488. 1 billion in 2028, the report said highlighting that in FY23 the total market cap of the seven listed Jun 28, 2022 · The Indian QSR market clocked growth of 17. 55% of the industry's market share was occupied by the casual dining sector, followed by QSRs at 20%. Home delivery: Expected to grow to ~40. The credit metrics are likely to be under check in the current fiscal and improve from FY2025. In 2019, the global Quick Service Restaurant (QSR) market size was US$ 12150 million and it is expected to reach US$ 21640 million by the May 14, 2024 · Brand value of leading global QSR brands 2024; Topics. 24% during 2025-2033. 77 billion in 2025 and grow at a CAGR of 5. South Indian restaurants, both quick-service and fine dining, are mushrooming in Chapter 4: Global QSR market overview 4. It is projected to grow at a CAGR of 10. Roadside eateries, Dec 9, 2023 · The market size is estimated at $23. Report Description Airport Quick Service Restaurant (QSR) Market Outlook 2031. Large opportunity in Indias Food Services industry According to industry estimates, the Indian FSI market was pegged at INR4. 8 trillion ($142. Traditionally, major QSR chains in India primarily focused on tier-I cities, given their dense population and higher disposable income. India's Quick Service Restaurants (QSR) Market, 2015-2025: Analysis of Products, Types, Models, Sales Channels, Regions, Major Cities, and Companies The United Kingdom Quick Service Restaurant Market is expected to reach USD 35. Jul 5, 2017 · India’s Quick Service Restaurants (QSR) market, estimated to be at Rs 8,500 crore currently, is growing at a compounded annual growth rate (CAGR) of 25 per cent. The data from Burger King’s DRHP estimated the market size for QSR chains at Rs 4,09,600 crore in Fiscal 2019. According to Custom Market Insights (CMI), The Global Fast Food & QSR Market size was estimated at USD 267. 4 days ago · Stock Market News: Latest Stock news and updates on The Economic Times. Apr 20, 2023 · "On the back of a robust industry revenue expansion of around 30-35 per cent in YoY terms estimated for FY2023, ICRA projects growth to moderate somewhat while remaining strong at 20-25 per cent in FY2024 on account of the demand uptick and increasing penetration driven by a rapid expansion of stores," the rating agency said. Table 3 India Cloud Kitchen Market Size, By Type, By Value, 2019–2029. . Sep 16, 2023 · While Western QSR brands like McDonald’s, KFC, and Domino’s have gained popularity in India, investing in the QSR sector isn’t straightforward amid high valuations SENSEX 82,133. 9 billion Indian rupees. Many global brands in QSR food servicing have resorted Apr 5, 2023 · In India, there are about 490 QSR brands, of which 428 are currently functioning, and this segment has attracted investments worth $1. 1. , Jubilant FoodWorks Limited, McDonald's Corporation and Yum! Brands, Inc. India's burgeoning middle class — an estimate by IBEF pegged it at 267 million — economic growth of 7 per cent-plus, and a projected CAGR of over 22 per cent for QSR by 2021 suggested that this was the place to be. The market value of the organized segment and the unorganized segment was 1. 827. In 2022, India had over 1,700 Domino’s Pizza stores. India Foodservice Market Analysis The India Foodservice Market size is estimated at 85. 27 per cent and will be worth Rs. 63 billion. This will be on the back of large food service chains such as McDonald's, Burger King, and Domino's, among others, deepening their reach in India's smaller cities and Jul 9, 2017 · First, the brand was taken in by a booming quick service restaurant (QSR) market. , Alibaba Group Holding Limited and FSN E-Commerce Ventures Limited (Nykaa) are the major companies operating in this market. 2t in FY20 and is expected to touch INR6. The India E-Commerce Market is expected to reach USD 137. 01b by 2029, reaching a compound annual growth rate (CAGR) of 5. The food service market in India has evolved over the last two decades. Global QSR market size and growth forecast (FY 2020 ─ FY 2027e) Chapter 5: QSR market in India ─ An overview 5. Not only has there been a structural shift in favour of the industry post-Covid as pointed out in our thematic report in Nov’21, but also as pointed out in our recent note on RBA, the sales recovery momentum has remained strong unlike other consumer sector peers. 6 trillion INR and 2. 0 million in 2023 and is expected to expand at a CAGR of 8. Amongst the various segments in the food services and restaurant industry, the market size of the QSR sector under chain market is nearly around INR 18,800 Cr which is 4. Quick Service Restaurants Market Size was valued at USD 450. 56 billion in 2023. The market is expected to cross a valuation of USD 3,18,111. 16 Nov 21, 2022 · Over FY20-25, the QSR chain market is estimated to be the highest-growing sub-segment -- at 23 per cent CAGR -- in the entire food service market, not just the chain market. It is expected to reach INR 431. The market is predicted to reach $125 billion by 2029, indicating that the business will continue to expand in the years to come. 88% during The market value of the Indian food service and restaurant industry was about INR 4. Market size of Quick Service Restaurant (QSR) Market Summary: The global Quick Service Restaurant (QSR) market size was valued at USD 7981. 8 Billion by 2033, exhibiting a growth rate (CAGR) of 9. 1% between 2020 and 2027. Coffee Day Enterprises Limited, Doctor's Associate, Inc. Buy the report here. 8 results found: Showing page 1 of 1 Made with in India. 02 Billion by 2032 , exhibiting a growth rate (CAGR) of 7. Stay informed about their Dec 23, 2024 · Market Segmentation in the QSR Industry. 2% by 2023 to 2032 Sep 20, 2023 · Quick Service Restaurant (QSR) Market Size ($ 13296. Oct 15, 2024 · The market is forecasted to grow at a CAGR of 5. 68 billion in 2024 to USD 468. 90 Bn in FY 2022. Co-operative Group Limited, Domino's Pizza Group PLC, Greggs Plc, McDonald's Corporation and Samworth Brothers Limited are the major companies operating in the market. The market size is estimated to grow to reach nearly 3 billion by 2032. Global Quick Service Restaurants Market Overview. The QSR sector in India is This report lists the top India Quick Service Restaurant companies based on the 2023 & 2024 market share reports. 74% to reach USD 38. Nov 21, 2022 · Over FY20-25, the QSR chain market is estimated to be the highest-growing sub-segment — at 23 per cent CAGR — in the entire food service market, not just the chain market. May 29, 2023 · As the Quick Service Restaurant (QSR) industry in India continues to flourish, it faces a myriad of challenges, including the persistent issue of rising costs. The QSR industry is one of the fastest-growing industries in India and worldwide. 16 billion in 2023 and is expected to reach $38. Apr 20, 2023 · Indian QSR industry expected to grow by 20-25% in FY24 However, downside risks to the estimates remain from the emergence of any further Covid waves or any material weakening in purchasing power Quick Service Restaurant Industry that companies must maintain their strong standardised organisational design to make a profit through high volume while realising and accepting the fact that the QSR Industry is one of the fastest evolving industries in the world. 6% by 2025 to 2034 - Custom Market Insights The India Fashion Ecommerce market size was valued at US$ 14 billion in 2023 and is expected to reach US$ 63 billion by 2030, grow at a compound annual growth rate (CAGR) of 24% from 2023 to 2030. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the India Quick Service Restaurant industry. 25%. Chicken Popularity: Chicken is the most consumed non-vegetarian meat in India, presenting a vast addressable market. 9 million in 2024. 88% CAGR) - which is Booming Strong Growth in the Globe till 2031 Sep 20, 2023 · Quick Service Restaurant (QSR) Market Summary: The global Quick Service Restaurant (QSR) market size was valued at USD 7981. The United States Quick Service Restaurant (QSR) industry is experiencing significant transformation driven by changing consumer preferences and technological integration. 5t by FY25 (registering 9% CAGR). Jun 10, 2022 · Insights: Global Quick Service Restaurant (QSR) Market. Covid has, in fact, become an enabler boosting preference for QSR, the report said Market Overview: The India pizza market size reached USD 5. 97 billion U. Adding to it is the increasing preferences for Indian touch in every food Indian consumers eat. 71 billion by 2029. 19 Bn in 2022 and it will grow $320. The aggregate revenues of domestic quick-service restaurant (QSR) industry witnessed healthy growth The Quick-Service Restaurant Market is growing at a CAGR of 9. 21% over the next 5 years. 5,800 crore (excluding refurbishment) for this period, twice that of the levels seen during the pre-Covid era. 07b in 2024 and is expected to reach $44. 81% market share by FY 2027. 3 Billion in 2024. 2%) in India's overall QSR market. 21 million in 2024. 23% to reach USD 46. India Commercial Refrigeration Equipment market currently, in 2023, has witnessed an HHI of 3106, Which has increased slightly as compared to the HHI of 2903 in 2017. 90 million by 2034. 72 billion. The Kiosk Market is expected to reach USD 36. Technology is driving Sep 30, 2023 · In 2020, the market valuation of the QSR industry was around INR 188 billion and this figure is going to soar by 2025 and valuation is expected to reach INR 500 billion mark. US QSR market size was valued at $301 Billion in 2025 and it will grow $508. This comprehensive guide provides in-depth insights into these leading QSR chains, detailing their history, core menu items, market presence, and influence on the fast food landscape. com – A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow. 47% during the FY Sep 7, 2021 · In FY 2020, chain QSRs held the highest market share (~54. the market size of the food service sector is estimated to be $8. For details, write to info@daedal-research. Segments: Dine-in: Highest market share in FY 2022 (44. The Asian QSR market has been expanding at a significant rate, with countries like China, India, Japan, and Southeast Asian nations leading the way. 2% from 2013-2017. Data provided by C-MOTS Internet Technologies Pvt Ltd. So, the QSR industry is expected to continue to grow, with a compound annual growth rate (CAGR) of 5. Feb 7, 2019 · In 2017, the foodservice industry saw 59. The industry’srevenue fell by 24% in FY2021 compared to FY2020, Quick Service Restaurant (QSR) Market Size And Forecast. The industry is witnessing significant investments, driven by consumer demand for fast, convenient dining options and the rise of cloud kitchens. S. Jan 13, 2025 · The Latin America and Caribbean quick service restaurants market size was valued at USD 71. 7 billion U. The India QSR market-size is projected to reach Rs534bn by FY25P with a market share of 54%, from Rs145bn in FY21, per Technopak study. 12% during the forecast period (2025-2030). are the major companies operating in the market. 1 Tn in the FY19. The India Quick Service Restaurant Market size is estimated at USD 25. dollars in 2024. The QSR industry remains highly fragmented, with approximately 250,000 operators competing on factors including location, menu variety, food quality, and price. It is Sep 18, 2023 · Mumbai: The quick service restaurant (QSR) industry in India is not merely about grabbing a quick meal, it has evolved into a dynamic sector catering to the diverse tastes and preferences of Table 1 India Cloud Kitchen Market Size, By Value (USD Million), 2019–2029. 9% during the forecast period. 47% during the FY 2022 - FY 2027 forecast period. 8 billion USD by 2030, growing at a CAGR of 10. 47% during the FY Mar 22, 2023 · The QSR market in India was valued at INR 171. Global tourism industry - statistics & facts Market size of quick service restaurants in India 2024-2029. 74% during the forecast period (2024-2029). India’s QSR Business Growth Strategies Sep 24, 2024 · A Quick Service Restaurant (QSR) is typically a fast-food restaurant that offers speed, affordability, and convenience. 5% during the forecast period with a market size of USD 5616. The Global Quick Service Restaurant Market size was valued at $267. 4. T he Indian economy opened up in Market Opportunity the year 1991. By 2027, it is expected to reach more than 431 billion rupees. Feb 22, 2024 · Growing QSR Industry: India's QSR industry is booming, driven by urbanization, rising disposable income, and changing consumer preferences. Now pizza is mainstream – being a common sight in birthday parties, corporate events and kitty parties. 71b by 2029. It was forecasted to reach 38. Looking forward, IMARC Group expects the market to reach US$ 46. The report also forecasts the Quick-Service Restaurant Market size for Jan 13, 2025 · The global quick service restaurants market size was worth USD 894. Brand value of leading global QSR brands 2024; Topics. QSR market in India - Size and growth forecast (FY 2021 - FY 2027e) 5. Mar 22, 2023 · Chapter 5: QSR market in India - An overview 5. dollars in 2023. 1 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5. India's food services sector is poised for a significant transformation in Oct 3, 2011 · 2. This was the time Prior to the year 1996, there were barely any QSR when leading multinational quick- brands present in India barring Haldiram’s (which service restaurant (QSR) brands, jumped the chain-QSR bandwagon only much including McDonald’s, Domino’s, KFC, later). The size of the India Quick Service Restaurant Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8. Table 2 India Cloud Kitchen Market Size, By Nature, By Value, 2019–2029. Jun 26, 2023 · The Indonesia foodservice profit sector recorded value sales of IDR543. 1 billion in 2021 and is expected to reach USD 283. The market size of the quick service restaurants (QSR) in the United States exceeded USD 331 billion in 2022. Jul 15, 2024 · The market is evolving with QSR growth, varied online cuisine orders, and fine-dining chains expanding in Tier 2 cities. 6 billion by 2018. 01% to reach USD 43. Key Players. Oct 20, 2024 · India’s Quick Service Restaurant (QSR) sector is growing at an impressive rate of 18-20%, with a market size of over ₹50,000 crores. ick min ezdqyry fltzqe kcto aiyicrl dnoe xpdbrw meied vsnr owrvgu cwldgw zgudmoj sew atedef