Thailand's quick service restaurant (QSR) market is experiencing notable growth

<!DOCTYPE html> <html> <head> <meta charset="utf-8"> <title>Thailand's quick service restaurant (QSR) market is experiencing notable growth_ASEAN FOOD&BEVERAGE EXHIBITION 2025</title> <meta name="keywords" content="QSR,FNB,Southeast Asian,fast-food" /> <meta name="description" content="Between 2017 and 2022, the number of QSR outlets in Thailand saw a steady increa" />  <link href="template/pc/css/bootstrap.css" rel="stylesheet"> <link href="template/pc/css/style.css" rel="stylesheet"> <link href="template/pc/css/responsive.css" rel="stylesheet"> <link rel="shortcut icon" href="template/pc/images/favicon.png" type="image/x-icon"> <link rel="icon" href="template/pc/images/favicon.png" type="image/x-icon">  <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=0">   <meta name="viewport" content="width=device-width, initial-scale=1.0,maximum-scale=1.0,minimum-scale=1.0,user-scalable=no"> </head> <body> <div class="page-wrapper">  <div class="preloader"></div>  <header class="main-header" style="background: #1e1f36;"> <div class="main-box"> <div class="auto-container clearfix"> <div class="logo-box"> <div class="logo"><a href="/"><img style="width: 210px" src="template/pc/images/logo-new.png" alt="" title=""></a></div> </div> <div class="outer1"> <a href="https://www.aseanfnb.com/">English</a> <span>|</span> <a href="https://ty.aseanfnb.com/">ภาษาไทย</a> </div>  <div class="nav-outer clearfix">  <div class="mobile-nav-toggler"><span class="icon flaticon-menu-1"></span></div>  <nav class="main-menu navbar-expand-md navbar-light"> <div class="navbar-header">  <button class="navbar-toggler" type="button" data-toggle="collapse" data-target="#navbarSupportedContent" aria-controls="navbarSupportedContent" aria-expanded="false" aria-label="Toggle navigation"> <span class="icon flaticon-menu-button"></span> </button> </div> <div class="collapse navbar-collapse clearfix" id="navbarSupportedContent"> <ul class="navigation clearfix"> <li class="current dropdown"><a href="/">Home</a> </li> <li class="dropdown"><a href="/index.php?m=home&c=index&a=about">About</a> </li> <li class="dropdown"><a href="/index.php?m=home&c=index&a=exhibitors">Exhibitors</a> </li> <li class="dropdown"><a href="/index.php?m=home&c=index&a=visitors">Visitors</a> </li> <li class="dropdown"><a href="/index.php?m=home&c=index&a=schedule">Events</a> </li> <li class="dropdown"><a href="/index.php?m=home&c=lists&a=index&tid=2">News</a> </li> <li><a href="/index.php?m=home&c=index&a=contact">Contact</a></li> </ul> </div> </nav>   <div class="outer-box"> <div class="btn-box"> <a href="https://www.aseanfnb.com#information" class="theme-btn btn-style-one"><span class="btn-title">Registration</span></a> </div> </div> </div> </div> </div>  <div class="mobile-menu"> <div class="menu-backdrop"></div> <div class="close-btn"><span class="icon flaticon-cancel-1"></span></div>  <nav class="menu-box"> <div class="nav-logo"><a href="/"><img src="template/pc/images/logo-2.png" alt="" title=""></a></div> <ul class="navigation clearfix"></ul> </nav> </div> </header>   <section class="page-title style-three"> <div class="auto-container"> <h1>Thailand's quick service restaurant (QSR) market is experiencing notable growth</h1> <ul class="bread-crumb clearfix"> <li><a href="/">Home</a></li> <li><a href="/index.php?m=home&c=lists&a=index&tid=2">News</a></li>  </ul> </div> </section>   <div class="sidebar-page-container no-padd-top"> <div class="auto-container"> <div class="row clearfix">  <div class="content-side col-lg-8 col-md-12 col-sm-12"> <div class="blog-single">  <div class="news-block-two"> <div class="inner-box"> <div class="image-box"> <figure class="image wow fadeInUp"><img src="/uploads/allimg/20241028/2-24102Q0153GO.png" alt="Thailand's quick service restaurant (QSR) market is experiencing notable growth"></figure> </div> <div class="lower-content">  <ul class="post-info"> <li><span class="icon icon_calendar"></span> October 28, 2024</li>  </ul> <div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">Between 2017 and 2022, the number of QSR outlets in Thailand saw a steady increase of 1.97%. This growth is particularly evident in urban areas, where well-established fast-food chains like McDonald's, KFC, and Burger King hold strong presence. Alongside these international giants, regional QSR brands such as Swensen's, MK Restaurant, and Yum Yum also contribute significantly by offering a diverse range of Thai and other ethnic cuisines.</div> <div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">A key driving force behind the expansion of the QSR market is the influx of young consumers. With a penchant for dining out and a taste for fast food, individuals aged between 18 and 35 represent a vital demographic for QSR chains. Their preference for quick and convenient dining options has become a significant factor in propelling the growth of this sector.</div> <div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">In 2020, Thailand exhibited the highest consumption of fast food among Southeast Asian countries, with 40% of consumers indulging in fast food at least four times a week. This trend underscores the significant market potential for QSRs catering to the young and urban population.</div><p style="text-align:center"><img alt="中国快餐简史：洋快餐与本土快餐的故事- 知乎" src="/uploads/allimg/20241028/2-24102Q0153GO.png" style="border: 0px; max-width: 700px; color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-align: center; text-wrap: wrap; background-color: rgb(255, 255, 255); width: 520px; height: 335px;"/></p><div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">Cloud kitchen outlets emerge as the fastest-growing segment within the QSR market, projected to achieve a remarkable Compound Annual Growth Rate (CAGR) of 15.65% during the forecast period. This growth trajectory is supported by strategic expansions and substantial investments in the sector. Central Restaurant Group, one of Thailand's leading fast-food chains, plans to establish 100 cloud kitchens nationwide by 2024. Additionally, SET-listed developer Siamese Asset aims to invest USD 437.4 million between 2022 and 2026 to bolster its cloud kitchen business.</div> <div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">Meanwhile, cafes and bars outlets hold a significant share of 10.55% in the market as of 2022. The burgeoning coffee consumption trend contributes to the growth of this segment, with a 15% annual increase in coffee consumption observed nationwide. Thailand's thriving tourism sector also plays a pivotal role, driving demand for cafes and bars. The country's vibrant culinary scene attracts a considerable number of visitors, further stimulating growth in the foodservice industry.</div> <div style="color: rgb(102, 102, 102); font-family: 微软雅黑; font-size: 14px; text-wrap: wrap; background-color: rgb(255, 255, 255);">Source: https://www.mordorintelligence.com/industry-reports/thailand-foodservice-market</div><p><br/></p> </div> </div> </div> </div> </div>  <div class="sidebar-side col-lg-4 col-md-12 col-sm-12"> <aside class="sidebar padding-left">  <div class="sidebar-widget search-box"> <form method="get" action="/index.php?m=home&c=lists&a=index"> <div class="form-group">  <input type="hidden" name="m" value="home" placeholder="Search..." > <input type="hidden" name="c" value="Search" placeholder="Search..." > <input type="hidden" name="a" value="lists" placeholder="Search..." > <input type="hidden" name="submit" value="Search" placeholder="Search..." > <input type="hidden" name="method" value="1" placeholder="Search..." > <input type="hidden" name="tid" value="" placeholder="Search..." > <input type="search" name="keywords" value="" placeholder="Search..." required> <button type="submit"><span class="icon icon_search"></span></button> </div> </form> </div>  <div class="sidebar-widget about-widget"> <div class="widget-content"> <div class="image-box"> <figure class="image"><img src="template/pc/images/resource/about-img-7.jpg" alt=""></figure> </div> <div class="lower-content"> <h4>Welcome to the Expo News</h4> <div class="text">Welcome to our Expo News Hub, your gateway to the latest updates, past highlights, and industry insights. 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Thailand's quick service restaurant (QSR) market is experiencing notable growth_ASEAN FOOD&BEVERAGE EXHIBITION 2025