Asian foods consist of Chinese, Thai and Indian food. It has become extremely popular in Fast food segment in western countries as it is believed to be more nutritious than conventional fast food such as burgers, pizza, pasta, burritos, taco and sandwiches. The market is highly fragmented worldwide and many small players operate as exclusive restaurants or as chained restaurants.
The Asian food systems market across the globe is expected to show a substantial growth with a single digit increase in CAGR by the year 2019. There is a significant increase in the consumption of Asian food in North America and Europe market as there is a high demand of spicy food with various sauces. People are more inclined towards exotic ethnic food due to superior taste and fair prices.
The key drivers of this market include changing food habits in various region of the World. Drivers vary from region to region, however rising disposable income and growing culture of eating out have pushed the demand of Asian food in emerging countries. Western countries look for variety and novel taste and thus Quick service and full service restaurants have started including Asian food in their main stream menu. The restraining factor could be improper advertising and distribution channel as the market involves huge number of small players.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/6853
The Asian food system market can be segmented by product type as Oriental styles, Chinese, Japanese, Korean, Thai, Indonesian, and Indian. The market can also be segmented geographically into APAC, North America, Europe and RoW regions.
Request to view table of content @ http://www.persistencemarketresearch.com/toc/6853
Some of the key players in the Asian food market are Panda Express, Pei Wei Asian Diner, Moods Hospitality Pvt Ltd., Inns’ Bruck and Eurofood group Plc.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353