What Is The Current and Historic Market Size Analysis Of The Low-Cost Pizza Franchise Market?
The low-cost pizza franchise market has seen considerable growth due to a variety of factors.
• The low-cost pizza franchise market has experienced strong growth in recent years. It is set to increase from $17.24 billion in 2024 to $18.36 billion in 2025, at a CAGR of 6.5%.
This growth can be attributed to the rise in fast-food restaurants and food trucks, increased popularity of dining out, a growing millennial population, influence of international cuisines, and the rapid development of infrastructure and urbanization.
What Are The Predictions for The Low-Cost Pizza Franchise Market in the Coming Years?
The low-cost pizza franchise market is expected to maintain its strong growth trajectory in upcoming years.
• The low-cost pizza franchise market will grow to $23.29 billion by 2029 at a CAGR of 6.1%.
This growth is attributed to the rising demand for pizza, the growth of quick-service restaurants, the rise of online food delivery platforms, and increasing demand for convenience foods. Key trends include the demand for healthier pizza options, the popularity of plant-based and vegan pizzas, the adoption of online ordering, eco-friendly packaging, and the introduction of healthier product variants.
Which Drivers Are Accelerating Growth In The Low-Cost Pizza Franchise Market?
The rise in fast-food restaurants is expected to boost the low-cost pizza franchise market. Fast-food restaurants offer quick and affordable meals, and their growth is driven by convenience, affordability, and adaptability to consumer preferences. Low-cost pizza franchises contribute to the expansion of fast-food restaurants by offering affordable entry points for new entrepreneurs. For instance, in February 2024, Domino's reported that its U.S. store count reached 6,566 in 2023, up from 6,400 in 2022. This growth in fast-food restaurants is expected to drive the low-cost pizza franchise market.
What Are The Core Segments Of The Global Low-Cost Pizza Franchise Market?
The low-cost pizza franchise market covered in this report is segmented –
1) By Type: Delivery And Takeout Franchise, Carryout Franchise, Fast Casual Franchise, Mobile Pizza Franchise, Other Types
2) By Revenue Component: Franchise Fees, Royalty Fees, Advertising And Marketing Fees, Supply Chain And Purchasing Fees, Renewal Fees, Other Revenue Components
3) By Franchise Location: Domestic, International
Subsegments:
1) By Delivery And Takeout Franchise: Traditional Delivery And Takeout Pizza Chains, Online-Only Delivery And Takeout Pizza Brands, Franchise With Focus On Contactless Delivery, Delivery-Oriented Pizza Franchises With Limited Dine-In, Hybrid Delivery And Takeout Models (With Pickup And Delivery)
2) By Carryout Franchise: Counter-Service Pizza Franchises, Takeaway-Only Pizza Franchises, Carryout Pizza Franchises With Self-Service Kiosks, Budget-Friendly Carryout Pizza Options, Franchise Models With Special Focus On Online Ordering For Carryout
3) By Fast Casual Franchise: Fast Casual Pizza Chains With Quick Service, Pizza Franchises With Build-Your-Own Pizza Options, Fast Casual Franchises Offering Personal Or Custom-Sized Pizzas, Casual Dining Franchises With Fast Service Concept, Fast Casual Pizza Brands With Focus On Fresh Ingredients
4) By Mobile Pizza Franchise: Pizza Food Truck Franchises, Mobile Pizza Trailer Franchises, Mobile Wood-Fired Pizza Franchises, Mobile Pizza Kiosk Franchises, Pizza Vans Catering To Events And Festivals
5) By Other Types: Hybrid Dine-In And Takeout Pizza Franchises, Cloud Kitchen Pizza Franchises, Subscription-Based Pizza Delivery Franchises, Pizza Catering Services Franchises, Pizza Kiosk Or Vending Machine Franchises, Franchises With Digital-Only Ordering Platforms
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How Are New Trends Impacting The Size Of The Low-Cost Pizza Franchise Market?
Leading corporations in the economical pizza franchise industry are concentrating on creative franchise alternatives to distinguish their services and leverage the increasing consumer craving for authentic, high-end pizza experiences. In this business model, a company, referred to as the franchisor, licenses individuals or other companies, known as the franchisees, the rights to run a pizza restaurant under the franchisor's brand identity and following their approved procedures. For example, in June 2024, Rosso Pomodoro, a pizza firm from Italy, commenced providing franchise prospects in the United States. In the US, these new franchises will present a quick informal notion, providing traditional Neapolitan pizza and Italian specialties using superior quality ingredients. Each outlet will be equipped with a patented Italian pizza oven, highlighting the skill and tradition of Neapolitan pizza crafting.
Who Are the Key Players In The Low-Cost Pizza Franchise Market?
Major companies operating in the low-cost pizza franchise market are:
• Pizza Hut LLC
• Domino’s Pizza
• Papa Johns
• Little Caesars
• Pieology Pizzeria
• MOD SUPER FAST PIZZA LLC
• Round Table Pizza
• Donatos
• Jet’s Pizza
• Toppers Pizza
• PAPA MURPHY'S
• The Marco's Pizza
• Hungry Howie Pizza & Subs Inc.
• Blaze Pizza LLC
• Mountain Mike’s Pizza
• PizzaRev
• Pizza Factory
• CICI ENTERPRISES LP
• Pie Five Pizza Company
• Rosati’s Pizza
• LEDO PIZZA SYSTEM INC.
• Paisano’s Pizza
• Your Pie Pizza Franchise
What Are The Regional Insights Into The Low-Cost Pizza Franchise Market?
North America was the largest region in the low-cost pizza franchise market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low-cost pizza franchise market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
