Industry Analysis Vittarth

Quick Service Restaurant Industry

The concept of QSR has gained prominence in India with the entry of Indian and international brands encouraging affordable eating and enabling customers even within smaller pockets to indulge. The entry of a variety of players in the QSR space has pushed the chain market, and the size for the same was estimated at INR 5,500 crore (USD 1,060 million) in 2013. It is projected to grow at a CAGR of 18% in 2021-25 period. After COVID 19 hit the entire globe, there was a bit of a blip here but QSR is starting to gear up for the future challenges. Though the expansion plans were stopped by this contingency, in the coming decades QSR is an attractive industry with endless potential of growth, especially in less developed areas.
So here we present our analysis of the quick-service restaurant industry.

#Vittarth #QSRindustry #Nibmpune #teamvittarth.
Credits: saumya srivastava , Siddharth Chauhan , Ayush Jain

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