Breakfast Restaurant Market Key Players, Industry Survey, COVID-19 Impact and Forecast Report till 2028
The global breakfast restaurant market size is expected to reach USD 49.82 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a new report by Million Insights. Growing health concerns upholds breakfast as an important meal of the day. This is leading to the huge adoption of breakfast by consumers in various countries like the U.S. and the U.K. In these regions, around 40% of restaurants offer breakfast menus, which led to the potential growth opportunity for the market.
The global breakfast restaurant market size is expected to reach USD 49.82 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a new report by Million Insights. Growing health concerns upholds breakfast as an important meal of the day. This is leading to the huge adoption of breakfast by consumers in various countries like the U.S. and the U.K. In these regions, around 40% of restaurants offer breakfast menus, which led to the potential growth opportunity for the market.
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On the other hand, Asia Pacific is estimated to be the fastest-growing regional market from 2021 to
2028
The growth of the APAC market can be credited to the rising number of breakfast hotels in countries
like China and India
The quick-service category segment accounted for the highest revenue share in 2020. However, the
fast casual category segment is expected to register the maximum CAGR from 2021 to 2028
The establishment of partnerships to undergo sustainable developments and new product launches
are some of the strategies, which are expected to be utilized by industry participants for gaining a
competitive edge
Breakfast Restaurant Market Segmentation
Million Insights has segmented the global breakfast restaurant market on the basis of category and region:
Breakfast Restaurant Category Outlook (Revenue, USD Million, 2017 - 2028)
Quick Service Restaurant (QSR)
Fast Casual Restaurant
Breakfast Restaurant Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
U.S.
Europe