Question

Report writing on fast food

Answer 1

Answer:

This report provides detailed analysis of the factors that have led to the growth of fast food market in India. The in depth study of the food variety offered in terms of cuisines, the restaurant type and the food category has been covered in this report.

The report further discovered that there is large scope for the fast food companies to expand their operations in Tier 2 and 3 towns. It also focuses on the future growth of the companies.

The report emphasizes on the policies governing the Fast Food industry in India and the regulations and standards to be followed and maintained. Also a comparative analysis of how the franchise model works in the industry eases the hold of the report.

Highlights

Indian fast food market is expected to grow at a CAGR of 18% by 2020 due to changing consumer behavior and demography.

Fast food market in India is expected to be worth US$ 27.57 billion by 2020.

About 10% of the fast food market in India is organized. NOVONOUS estimates that the organized fast food market in India is expected to grow at a CAGR of 27% by 2020.

Vegetarian fast food constitutes of around 45% of the whole fast food market in India and is expected to grow at a CAGR of 18% by 2020.

Fast food Casual dining restaurants (CDRs) market in organized fast food sector in India is projected to grow at a CAGR of 27% by 2019-20.

Non casual dining restaurants (NCDR) or fast casual dining restaurants have gained tremendous market share in the last 10-15 years. Non-Casual dining restaurants (CDRs) market in organized fast food sector in India is also projected to grow at a CAGR of 27% in next 5 years.

Quick Service Restaurants (QSRs) market in organized fast food sector in India is projected to grow at a CAGR of 20% by 2019-20.

Millions of people eat ethnic fast food every-day from pani-puri to vada pav to dosa. To leverage the growth of ethnic fast food market many players are entering this market in an organised way

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Explanation: