By 2028, One-Third of Indian Food Outlets to Be Quick-Service Restaurants, Market Share Rising to 29%
By 2028, nearly one-third of food outlets in India are expected to be quick-service restaurants (QSRs), with their market share increasing from 19% in 2018 to an anticipated 29%, according to market Intelligence firm 1Lattice. In contrast, other restaurant formats such as casual dining, frozen dessert/ice cream, pubs, bars, cafés, lounges (PBCL), and fine dining …