The local fast food sector grew by an average rate of 15.2 pct in the period from 1992 to 2008, a report by Icap stated on Tuesday.
The report said that the local fast food market continued growing after 2000, but at a gradually slower rate compared with the 1992-2000 period. The market grew 8.6 pct in 2008, up from the previous year, reflecting the positive performance of the snack-sandwich and pizza categories.
The fast food market is the basis for four main categories: burgers, pizza, snack/sandwich and souvlaki, with market shares of 36.5 pct, 23.9 pct, 29.5 pct and 7.8 pct, respectively, in 2008. (We hope souvlakia are not beginning to die out!)
While McDonalds, Pizza Hut and other American inspired chains have set up shop in Greece; there are several Greek owned companies as well,the most notable being Goody's.
Some other Greek Fast Food chains include: Avlogyros, FloCafe, and Everest.
posted on Thursday, December 3