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.
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 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
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Fast Food Market Overview
6 Latin America Fast Food Market Overview
7 Latin America Fast Food Market by Product Type
8 Latin America Fast Food Market by End Use
9 Latin America Fast Food Market by Country
10 Market Dynamics
11 Competitive Landscape
Companies Mentioned
- 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.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 66.61 Billion |
| Forecasted Market Value ( USD | $ 114.86 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Latin America |
| No. of Companies Mentioned | 10 |
