Quick Service Restaurants (QSR) Market Forecast
The global quick service restaurants (QSR) market size is projected to be valued at USD 577.71 billion by 2028 at a CAGR of three .65% between 2021 and 2028. QSRs generally operate using the franchise model as this enables the chains to expand rapidly over large areas with the value of fixing each individual restaurant shared between franchisee and franchisor. However, not all QSRs are franchised and few of them operate under more traditional business models.
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