
Latin America Fast Food Market Report and Forecast 2025-2034
Description
The Latin America fast food market was valued at USD 66.61 Billion in 2024. The industry is expected to grow at a CAGR of 5.60% during the forecast period of 2025-2034 to attain a valuation of USD 114.86 Billion by 2034.
Latin America Fast Food Market Growth
The Latin America fast food market growth comes from available different product types such as burgers and sandwiches.
The Pizza/Pasta segment offers a variety of Italian dishes popular in Latin American countries such as Mexico and Argentina, including a range of pizzas from traditional Margheritas to gourmet creations topped with various unique ingredients. Additionally, there are pasta options such as the classic spaghetti, alfredo, or bolognese. This segment is often dominated by fast-food chains that provide both takeaway and dine-in options.
Thefast food marketin Latin America may witness growth due to rising spending on hotels and restaurants along with a growing focus on influencer and collaborative marketing in line with trending media and entertainment characters and scenes to leverage their popularity. As of July 2023, McDonald's in Brazil, as part of its ‘Barbie’ marketing strategy, released a combination menu with a bacon cheeseburger and smoky pink sauce, among other items.
The Burgers/Sandwiches segment makes up the ideal fast food experience. Burgers typically consist of grilled, fried, or baked patties settled between buns, accompanied by lettuce, onion, cheese, pickles, and condiments such as ketchup and mustard. Sandwiches also encompass a wide variety of options, from ham and cheese to gourmet paninis.
Latin America Fast Food Market Segmentation
Latin America Fast Food Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Pizza/Pasta
Burgers/Sandwiches
Asian/Latin American Food
Others
Market Breakup by End Use:
Full-Service Restaurants
Quick Service Restaurants
Others
Market Breakup by Country:
Brazil
Mexico
Argentina
Others
Latin America Fast Food Market Share
Quick-service restaurants lead growth in the fast-food market since they offer convenient and efficient dining options which may at times be characterised by self-service and drive-thru facilities. These places typically offer a menu of popular items such as burgers, fries, pizzas, and beverages which emphasizes speed and value for money.
Leading Companies in the Latin America Fast Food Market
Major market players are expanding their outreach through investments in digital infrastructure, sustainable options and social responsibility including reducing plastic waste in the fast food industry.
Domino's Pizza Inc.
Yum! Brands, Inc.
McDonald's Corp.
Papa John's International, Inc.
Subway IP LLC
Restaurant Brands International Inc.
Inspire Brands, Inc.
Focus Brands LLC
Wendy’s International, LLC
Little Caesar Enterprises, Inc.
Others
Latin America Fast Food Market Growth
The Latin America fast food market growth comes from available different product types such as burgers and sandwiches.
The Pizza/Pasta segment offers a variety of Italian dishes popular in Latin American countries such as Mexico and Argentina, including a range of pizzas from traditional Margheritas to gourmet creations topped with various unique ingredients. Additionally, there are pasta options such as the classic spaghetti, alfredo, or bolognese. This segment is often dominated by fast-food chains that provide both takeaway and dine-in options.
Thefast food marketin Latin America may witness growth due to rising spending on hotels and restaurants along with a growing focus on influencer and collaborative marketing in line with trending media and entertainment characters and scenes to leverage their popularity. As of July 2023, McDonald's in Brazil, as part of its ‘Barbie’ marketing strategy, released a combination menu with a bacon cheeseburger and smoky pink sauce, among other items.
The Burgers/Sandwiches segment makes up the ideal fast food experience. Burgers typically consist of grilled, fried, or baked patties settled between buns, accompanied by lettuce, onion, cheese, pickles, and condiments such as ketchup and mustard. Sandwiches also encompass a wide variety of options, from ham and cheese to gourmet paninis.
Latin America Fast Food Market Segmentation
Latin America Fast Food Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Pizza/Pasta
Burgers/Sandwiches
Asian/Latin American Food
Others
Market Breakup by End Use:
Full-Service Restaurants
Quick Service Restaurants
Others
Market Breakup by Country:
Brazil
Mexico
Argentina
Others
Latin America Fast Food Market Share
Quick-service restaurants lead growth in the fast-food market since they offer convenient and efficient dining options which may at times be characterised by self-service and drive-thru facilities. These places typically offer a menu of popular items such as burgers, fries, pizzas, and beverages which emphasizes speed and value for money.
Leading Companies in the Latin America Fast Food Market
Major market players are expanding their outreach through investments in digital infrastructure, sustainable options and social responsibility including reducing plastic waste in the fast food industry.
Domino's Pizza Inc.
Yum! Brands, Inc.
McDonald's Corp.
Papa John's International, Inc.
Subway IP LLC
Restaurant Brands International Inc.
Inspire Brands, Inc.
Focus Brands LLC
Wendy’s International, LLC
Little Caesar Enterprises, Inc.
Others
Table of Contents
138 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Fast Food Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Fast Food Historical Market (2018-2024)
- 5.3 Global Fast Food Market Forecast (2025-2034)
- 5.4 Global Fast Food Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Latin America Fast Food Market Overview
- 6.1 Key Industry Highlights
- 6.2 Latin America Fast Food Historical Market (2018-2024)
- 6.3 Latin America Fast Food Market Forecast (2025-2034)
- 7 Latin America Fast Food Market by Product Type
- 7.1 Pizza/Pasta
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Burgers/Sandwiches
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Asian/Latin American Food
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 Latin America Fast Food Market by End Use
- 8.1 Full-Service Restaurants
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Quick Service Restaurants
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Others
- 9 Latin America Fast Food Market by Country
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Mexico
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Argentina
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators of Demand
- 10.4 Key Indicators of Price
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 Domino's Pizza Inc.
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 Yum! Brands, Inc.
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 McDonald's Corp.
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 Papa John's International, Inc.
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 Subway IP LLC
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 Restaurant Brands International Inc.
- 11.5.6.1 Company Overview
- 11.5.6.2 Product Portfolio
- 11.5.6.3 Demographic Reach and Achievements
- 11.5.6.4 Certifications
- 11.5.7 Inspire Brands, Inc.
- 11.5.7.1 Company Overview
- 11.5.7.2 Product Portfolio
- 11.5.7.3 Demographic Reach and Achievements
- 11.5.7.4 Certifications
- 11.5.8 Focus Brands LLC
- 11.5.8.1 Company Overview
- 11.5.8.2 Product Portfolio
- 11.5.8.3 Demographic Reach and Achievements
- 11.5.8.4 Certifications
- 11.5.9 Wendy’s International, LLC
- 11.5.9.1 Company Overview
- 11.5.9.2 Product Portfolio
- 11.5.9.3 Demographic Reach and Achievements
- 11.5.9.4 Certifications
- 11.5.10 Little Caesar Enterprises, Inc.
- 11.5.10.1 Company Overview
- 11.5.10.2 Product Portfolio
- 11.5.10.3 Demographic Reach and Achievements
- 11.5.10.4 Certifications
- 11.5.11 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.