ECONOMY

Organised QSR Players On A Strong Growth Wicket Despite Margin Concerns: Yes Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Aggressive expansion plans laid out by all the organised quick service restaurant players in India indicates the QSR industry is poised for exponential growth trajectory driven by a structural increase in consumer preference for online food ordering.

The superior experience that consumers realize from online ordering through apps and seamless websites to quick delivery are key drivers for the double‐digit growth in the food service industry.

The overall industry is poised for a 15% compound annual growth rate with organized QSR segment expected to grow at a robust 23% CAGR over FY20‐FY25, which would make it one of the fastest growing industries in the current economic landscape.

The Covid‐19 pandemic seems to have added rigour to growth plans as companies have embarked on a 10‐15% annual footprint expansion, updating product offerings as well as adding innovative menu offerings to stay competitive.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.



Most Related Links :
honestcolumnist Governmental News Finance News

Source link

Back to top button