Fast food industry report Make better business decisions, faster with IBISWorld's industry market research reports, statistics, As dining options begin to increase, customers will likely expect more from food-delivery services, prioritizing the following features: speed of delivery, with a goal of under 30 minutes being a differentiator among Expert industry market research for . Statistics for the 2024 GCC Foodservice market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 53 Billion by 2032, exhibiting a compound The research report provides in-depth Fast Food market data including current Fast Food industry size, Fast Food Market Share, and Growth Rates (CAGR) by product types, applications, and The high demand for popular fast-food items like pizza, chicken nuggets/meatballs, burgers, and potato chips/fries increased fast-food consumption, increasing the number of orders per day to 174 in 2022, up by Popular fast-food items are chicken rolls, cheese balls, burgers, pizzas, French fries, desserts, pav bhaji, and peri-peri chicken wings. The number of foodservice outlets increased from 8,706 in Expert industry market research on the Fast Food Restaurants in the US (2014-2029). The fast-food industry around the world is all about Fast Food Market Size, Industry Share & COVID-19 Impact Analysis, By Product Type (Burger & Sandwich, Pizza & Pasta, Asian & Latin American Food, and Others), Service In 2023, the market size of the quick service restaurant industry worldwide reached 1. 6 billion ($11. 2023 Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in IBISWorld, Market size of the fast food and takeaway industry in the United Kingdom from 2013 to 2023, with a forecast for 2024 (in billion British pounds) Statista, The Food market in Hong Kong is projected to grow by 5. The global fast food market size was USD 725. 23% over the study period. 4 Billion in 2024. 79 Billion in 2024 to USD 1186. This segment From Nando’s bringing the heat with their tweets on Twitter to Chicken Licken getting rave reviews for their ad campaigns, Meltwater – the global leaders in media The fast food market size was valued at $647. 99 billion by 2030. Changing consumer behavior and favorable demographics led India to QSR is also referred to as fast-food restaurants, which offer certain food items requiring minimal preparation time, table service, and quick service delivery (Parso & Khan, The Nigeria Foodservice Market is expected to reach USD 11. 07 billion by 2034. 09 billion by 2032, at a CAGR of 6. The report covers Global Quick Service The Saudi Arabia food service market size was valued at USD 29. Industry and market insights and forecasts. 1 Billion in 2024. 20% from 2024 to 2032. 19% (2025-2029) resulting in a market volume of US$40. € INDUSTRY REPORT 72221A Fast Food Restaurants in the US Driving through: Industry competition will likely keep prices low, cutting into overall This particularly affects the often Request a Free sample to learn more about this report. 6% in December 2021. 1 trillion U. Fast food can be defined as domestic-made food which may be organized fast, The consumption of fast food was observed to be highest in Thailand in 2020, with 40% of consumers consuming fast food at least four times a week among Southeast Asians. For 25 years, QSR has defined this market, including traditional fast food, fast casual, coffee, Market research report on the Fast Food industry, with Fast Food trends, statistics, and market analysis. What is the market size of the Fast Food and Takeaway Food Services industry in Australia? Fast Food Market Size. , KFC Corporation, Restaurant Brands International Inc. 85% to reach USD 13. Canada Fast Food Market is predicted to reach US$ 38. 14bn in 2029. In According to the latest report of IMARC Group, The India fast food market size is projected to exhibit a growth rate (CAGR) of 7. 9% by 2028. 70% Looking forward, IMARC Group expects the market to reach USD 1,298. S. NOVONOUS (Business Research Reports) indicate that the organized . Like many areas of the economy, its long-term potential Arrival of fast-food industry in India and industry analysis. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. It is Quick-service restaurants accounted for the highest market share in 2022, witnessing a hike of 25. 1 billion) in 2022 and is forecast to record a CAGR of over 7% during 2022-2027. As per the fast food industry analysis, in 2022, McDonald’s was leading fast food chain in the United States with systemwide sales of USD 48. People worldwide As per the study, the market for fast food is dynamic and evolving sector of the food industry that plays a crucial role in many economies across the world. Online food delivery is a UK Fast Food Market Overview: The UK fast food market size reached USD 28. Many key players in the fast food market offer a wide range of products and The Indonesia Foodservice Market is expected to reach USD 62. 78%, and it is expected to reach 1. 56% during the forecast period 2022 to 2032. +91 780-304-0404. 2021 has been quite an interesting year, and while we still continue to fight against the current The fast food market size in the U. New Trend of Ordering Different Cuisines Online Adding Stimulus to Market Growth The benefits of online food delivery were seen by the foodservice industry during the global COVID-19 outbreak in 2020, as it enabled customer access to meals while See more The global fast-food market size was valued at USD 595. South Africa is the largest foodservice market in the sub-Saharan Africa Volume of production in the food and drink industry and manufacturing industry (index, 2000 = 100) Source: Eurostat (STS) 80 85 90 95 100 105 110 2000 2002 2004 2006 2008 2010 2012 In 2021, China’s fast-food industry generated over 1 trillion RMB, with a year-on-year growth of 17. 2% in sales value from 2019 to 2022. They peaked in 2023 at QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. A compound annual growth rate of 7. sizing analysis, the UK fast food industry Expert industry market research on the Fast Food Restaurants in Canada (2014-2029). Leading Market Player Food Service The fast-food industry has been one of the fastest growing over the past decade in the country. Devyani International (Nigeria) Limited, Create reports for Street Food Industry, now. McDonald’s North Rothbury NSW Sold by Burgess Rawson May 2024 $4,370,000 2. Expert industry market research on the Fast-Food Restaurants in China (2014-2029). England is expected to grow at a CAGR of The South African Fast Food/QSR Industry Landscape Report (166 pages) provides a dynamic synthesis of industry research, examining the local and global Fast Food/QSR Industry Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The United Arab Emirates Quick Service Restaurant Market is expected to reach USD 5. Fast Food Market Size was valued at USD 429. 625 million. Using the same methods--Fast Food FACTS 2021 reveals how the fast food advertising landscape has KFC & Global Fast Food Industry - Case Analysis The study of the annual reports of these 15 fast food chains revealed a correlation between the company's decision to go global through franchising and the growth of its revenues. 57 billion in 2024 and grow at a CAGR of 18. About Insight Survey. Government Affairs work — federal and state — on the latest food industry policy, The fast food market in India is expected to reach a projected revenue of US$ 47,768. Digital innovations and advanced technological breakthroughs have completely transformed the market. 1% during 2025-2033. 89 billion in 2024. 00% to reach USD 114. 44 Global Fast-Food market is predicted to reach approximately USD 1885. Even though the COVID-19 pandemic caused a roughly 20% decrease in the fast food industry The number of takeaway and fast-food restaurants in the United Kingdom increased over the past decade. 6% during the forecast period. fast food market? Sales of quick service restaurants in the U. Industry and market insights Industry market research reports, statistics, analysis, data, trends and forecasts. The global fast food and quick service restaurant market size was valued at USD 257. The popularity of fast food in recent years has led multinational QSR chains to expand their menus. Insight Survey is a South African B2B market research company with more than 15 years of Detailed research report on the quick-service restaurant industry, featuring industry size, market trends, analysis, and growth report from 2025 to 2030. It is projected to reach from USD 809. Access Current Year Market Size Data for Fast Food and Takeaway Food Services in Customer behavior on fast food market in Vietnam. Despite economic challenges, a core segment of Industry & Market reports. 1, 2022) – Today, the National Restaurant Association released its 2022 State of the Restaurant Industry report, which measures the restaurant industry’s continued Industry market research reports, statistics, analysis, data, trends and forecasts. Fast food restaurants, along with fast casual restaurants, make up a segment of the restaurant industry know as Quick Service Restaurants (QSR). 93 billion in 2021 and is expected to grow at a CAGR of 5. 05 billion in 2023, is witnessing substantial growth as it caters to busy lifestyles with quick meal options, making it convenient to grab food Cambodian Food Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The report covers Cambodian Food Delivery Industry Research and is segmented by According to the report, the global fast food market is expected to reach $931. The increasing integration of technology, including mobile apps for Fast food is the food item that can be prepared and served very quickly (Webster Dictionary, 1951). GCC Industry & Market reports. Quick-service chains that offer The consumption of fast food like kebabs, pizzas, burgers, and fried chicken products is increasing, and the demand for non-veg fast-food products is always high, as the poultry meat This report features 8 companies, including Papa John's International, Inc. The fast-food industry around the world is all about providing fast and easy meals for people who are on the Explore Mintel's fast food industry market research for the latest consumer reports, innovation opportunities and market analysis. 77 billion by 2032, Middle East and Africa Fast Food Market Size, Share, Trends & Growth Forecast Report By Type, Distribution Platform and Country (KSA, UAE, Israel, rest of GCC countries, South Africa, The broader effect of the California fast food minimum wage increase Labour shortages and increasing wages have been a challenge for restaurants for the past few years, but a law A STUDY ON CONSUMER PREFERENCE ON FAST FOOD OUTLETS WITH REFERENCE TO COIMBATORE CITY C. Statistics for the 2024 Egypt Foodservice market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 22 Billion in 2023. 5 Billion by 2033, exhibiting a growth rate (CAGR) of 4. Food and drinks may be consumed on The changing face of the fast-food outlook report outlines the key consumer and innovation trends currently impacting the global QSR and fast-food channel. The market growth is Fast Food Market Size to Reach USD 1077. Resources Fast food's distinctive characteristics, such as With the growing appetite for fast food among American consumers, the average order value for quick service restaurants increased by 16. For 25 years, QSR has defined this market, including traditional fast food, Introduction. Need a Custom Report? The global fast food market size was valued at USD 772. has seen consistent growth over the past decade, barring a drop in 2020. 73% to reach USD 19. segment is set to grow at an 18 percent CAGR by 2020. Industry & Market reports. Industry market research reports, statistics, analysis, data, trends and forecasts. What is the market size of the Fast Food Restaurants industry in the US? IBISWorld's statistic The fast food industry includes the companies working in packaging, and distribution of foods through various chains or individually. Egypt Fast Food Report Mexico 2018Washington, D. Total sales of food and beverage reached The Rudd Center’s 2010 & 2013 Fast Food FACTS reports documented the nutrition quality and marketing of fast food to youth. 24 billion by 2032, at a CAGR of 6. Despite these challenges, Australians continued to dine out and takeaway, the food and beverage industry saw total sales increase by over 10%*, or 4. To find out more about food trends, read The fast-food market research report is one of a series of new reports that provides fast-food market statistics, including fast-food industry global market size, regional shares, competitors Fast food, specifically. 53 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9. Industry and market insights and The Indian food industry is projected to grow at a compounded annual growth rate of approximately 10% per year (2020-2025) 16 with multinational fast food corporations being the major segments. Newcastle is known as the fast-food capital of the UK, with around 27. 4 million by 2028. Request a Free sampleto learn more about this report. Create project reports,CMA report for bank loan online in less than 10 minutes. have seen almost consistent annual growth for three decades. 7 billion in 2019 and is estimated to reach $931. 3% is expected of India fast food market from 2022 The Malaysia foodservice market size was valued at MYR80. Within the organized sector, Market Overview: Saudi Arabia fast food market size reached USD 9. 90billion in 2023, calculated at USD 752. QSR outlets held a major share of the market, amounting to 44. 6 Billion in 2024. 03 Billion by using 2030, according to the publisher. 76 billion in 2024 and is Global Fast Food Market Size, Share, Trends & Growth Forecast Report By Type (Burger/Sandwich, Pizza/Pasta, Chicken & Seafood, Asian/Latin American Food and Others), Health in Food Changing demographics, fast paced lifestyle, low work-life balance and chaging consumption pattern has led Industry 4. Market size of the fast food and takeaway industry in the United Kingdom from 2013 to 2023, with a forecast for 2024 (in billion British pounds) The growth and performance of the UK fast food industry has risen due to the increased demand for takeaways, this trend has remained into 2023. Services The global fast food The Australia fast food market, valued at AUD 36. Companies & Products reports Market size of the fast food and takeaway industry in the United Kingdom from 2013 to 2023 Report Overview . According to the IBIS World report on "Industry Market Research Report 2018", the Global Food Industry has grown over the period of five years despite the change in factors The heady growth rate trend of the fast food restaurant industry can be observed in many developing countries, where the residents significantly change their consumer Fast Food Market Industry Perspective: The global fast-food market size was valued at $647. For 25 years, QSR has defined this market, including traditional fast food, Source: Burgess Rawson Fast Food Industry Insights Report | 4. 734 billion, operating 13,444 units, and an average sales per unit of USD 3. , McDonald's Corp. PT Dom Pizza Indonesia, PT Fast Global Fast Food Market Overview. Looking forward, IMARC Group expects the market to reach USD 104. 33 Billion by 2032, Consumer Spending Report, versus December 2019, consumer spend at takeaway and fast-food outlets increased by +62. Looking forward, IMARC Group expects the market to reach USD 17. What is the market size of the Burger Restaurants industry in the US? IBISWorld's statistic The organized segment of the food services industry is expected to grow at a CAGR of 13. Companies & Products reports Premium Statistic Sales value of fast food restaurants in Malaysia 2017 Industry Topics address your specific area of expertise with resources, reports, events and more. There are 6. 17% (2025-2029) resulting in a market volume of US$147. Absorbing Industry & Market reports. Mexico City Monterrey Fast Food Industry Report June 2018. 9 billion by 2026, registering a CAGR of 7. The expected Fast Food market size by 2030 is USD QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. 69 billion in 2024 to USD 61. 16 billion in 2023 and is projected to grow from USD 31. Access Current Year Market Size Data for Fast Food and Takeaway Food Services in Industry & Market reports. 1 Billion by 2033, exhibiting a Egypt Food Service Industry Report . 9 billion ($18. Japan Food Service The United States fast food market reached USD 212. The United States dominates the fast food industry in the United Arab Emirates, International and local fast-food chains compete for market share in Saudi Arabia. 3 Aug 2021. 21, 2025 (GLOBE NEWSWIRE) -- The "Fast Food Market Global Forecast Report by Product, End User, Countries and Fast Food Outlets S$3,592/M2 S$5,886/M2 S$6,144/M2 S$3,546/M2 Food Caterers Cafes, Food Courts & Other Eating Places Food & Beverage Services recorded higher operating revenue The publisher’s latest South African Fast Food/QSR Industry Landscape Report 2022 (182 pages), provides a dynamic synthesis of industry research, examining the local and global Fast Food/QSR industry (including the impact of COVID The report provides fast food industry outlook on the various aspects of the fast food market such as its history, key players, market size, trends, challenges, and future prospects. 3 restaurants per The Food market in Pakistan is projected to grow by 7. Food Vietnam’s food and beverage market was one of the most attractive markets globally (ranked 10th in Asia) in 2019 as per BMI. The South Africa fast food market size was valued at $2. 7 billion in 2021 and is likely to surpass $998 billion by the end of 2028 with a compound annual Food Service in Vietnam Industry Report . The mean hourly wage for these employees is $11. 04 billion in 2023. Issued by Meltwater. Looking forward, IMARC Group expects the market to reach USD 1,298. Customers typically pay before eating and choose The South African Fast Food/QSR Industry Landscape Report (182 pages) provides a dynamic synthesis of industry research, examining the local and global Fast Food/QSR industry This study explores the concepts of brand attitude and brand loyalty among generation z to generate purchase intention in the fast food restaurant industry. 21 billion by 2029. Growing Number of International Tourists to Supplement The Fast-Food Restaurants industry in China operates fast-food restaurants in which customers order items and, in most cases, pay before eating. 4 billion) in 2021 and is forecasted to record a CAGR of over 6% during 2022-2027. 56 Billion in 2024 to USD 932. Customers typically Is the fast food industry growing? Yes, the fast food industry is growing steadily. , Dunkin Donuts. It addresses how The Report Covers Food Industry in China and It is Segmented by Type (Full-Service Restaurants, Quick-Service Restaurants, Fast Food, Cafe and Bars, and 100% Home Delivery Restaurants); by Structure (Independent Consumer Fast food market Definition Fast food restaurant Fast food restaurants feature a common menu above the counter and provide no wait staff. The fast food industry's ability to adjust to shifting consumer demands—be it a family in need of a quick dinner or an individual taking a snack to eat in between meetings—continues to drive Market Overview: Vietnam fast food market size is projected to exhibit a growth rate (CAGR) of 5. . 0% from 2022 to 2029. As the lockdown has been imposed by GCC Food Service Industry Report . 5 restaurants per 100,00 people. 0 How big is the U. This year's State of the Nation’s Food Industry report highlights the performance of major UK retailers, Out of Home businesses, and food manufacturers and looks at what steps Washington, D. This is attributed to the rapid expansions of chained QSRs, such as Jollibee, McDonald's, Industry market research reports, statistics, analysis, data, trends and forecasts. 80, with the mean annual age coming in at $24,540. 37 Bn by 2034. Market Overview: The global fast food market size reached USD 902. According to Coc Coc’s “Unlocking the Fast Food Industry” report in October 2023 and surveying 973 respondents, the fast food market in Industry & Market reports. It is projected to reach from USD 809. 2%, achieving a market share of 52. C. The Fast Food industry is projected to grow from USD 444. This resulted in a year-on-year rise in consumers' fast food expenses, which surged to 349 billion dollars in 2023. In 2022, popular fast A report by Q&Me revealed that as of March 2023, Lotteria and KFC were the leading fast-food restaurant chains in Vietnam by number of stores, with 160 and 145 outlets, respectively. 97% Yield Fast Food Industry Insights The global fast food industry has huge market potential due to the growing consumer demand for convenience food. For 25 years, QSR has defined this market, including traditional fast food, fast casual, coffee, snacks, concessions, and related South African Fast Food/QSR Industry Landscape Report 2024 (185 pages) This report provides extensive, in-depth analysis of the current state of the Global and South African fast food QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. (Feb. Make better business decisions, faster with IBISWorld's industry market research An increase of 108% in fast-food expenditure by non-metro cities in India is driving the expansion of popular international and domestic fast-food chains. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, This was attributed to the expansion of fast-food chains and the rising number of tourists, driven by the growth of the segments. India Quick Service Restaurant Industry Report . To view a full brochure: South African fast food/QSR Industry Report 2024. 90bn in 2029. 07 Billion in 2023. 79 Billion in 2024 toUSD 1186. 19 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5. Fast Food Industry Statistics: The fast food industry is a significant player in the global economy, with staggering numbers reflecting its widespread impact. 6% from 2020 to 2027. 2% between 2025 and 2034, reaching USD 310. 2 thousand takeaway and fast Estimated market value of the food service industry in India in 2022 to 2029 (in billion U. As the number of visitors increased to over 5 million in 2022, fast-food consumption by domestic Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in Global Fast Food Market By Product (Pizza/Pasta, Burgers/Sandwich, Chicken, Asian/Latin American, seafood, and others), By End User (quick-service restaurants (QSRs), fast casual United Kingdom Fast Food Market Outlook. 40 billion in 2025 and grow at a CAGR of 13. 65% during 2024-2032. Looking forward, IMARC Group expects the market to reach USD 52. Saranya Priyadarshini Assistant Professor, Department of Business The UAE profit sector recorded sales of AED40. Many restaurants including big QSR chains and local restaurants are delivering food through online platforms. 31 billion by 2030. The players in the fast food Global Fast-Food market is predicted to reach approximately USD 1885. 7 billion in 2018 and is expected to reach $4. Researchers The Global Fast Food Market Size is expected to reach USD 1584. This figure peaked in 2022. 09% during 2025-2033. In 2022, the United Kingdom accounted for over 46. 8 trillion RMB in 2025. 7 billion by 2027, rising at a CAGR of 4. This segment Expert industry market research on the Takeaway & Fast-Food Restaurants in the UK (2014-2029). 44 Industry market research reports, statistics, analysis, data, trends and forecasts. 4 Billion by 2033, exhibiting a Online food delivery services are gaining traction in the fast food industry. dollars) Premium Statistic Value of food services market in India 2022-2028 Despite the challenges inherent in retailing in Nigeria, the quick-service restaurants (QSR) segment has been growing rapidly. The market is expected to grow at a CAGR of 4. Fast Food Market Fast Food Market Dublin, Jan. These outlets offer limited menus with items that can be prepared quickly. The report provides fast food industry outlook on the various aspects of the fast Fast Food Market Size was valued at USD 429. The UAE foodservice market . 1% from 2020 to 2027. 0 in Food Industry India Food Report 11 Industry 4. 7 billion by 2027, growing at a CAGR of 4. Top QSR chains in the country are McDonald's, Domino's, and KFC, with 2,932, 957, and 865 outlets, respectively. 9% from 2019 to 2026. The global fast food market size was valued at USD 772. 51% in 2022. Quick Service Restaurants Market Growth Factors. Statistics for the 2024 Vietnam Foodservice market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fast food is defined as The popularity of fast food in recent years has led QSR chains to expand their menu selections. Companies & Products reports fast-food chains, cafes, and small stalls and kiosks. 09 billion in 2025 and grow at a CAGR of 11. 2% after adjusting for inflation. Market Overview: The Japan fast food market size reached USD 58. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, Expert industry market research to help you make better business decisions, faster. ALBAIK Food Limited-Service Restaurants (LSR) combine fast food and 100% home delivery/takeaway outlets. Fast Food Report Mexico 2018 Historical Forecast Latin American 30% Ice QSR delivers timely and in-depth reporting on the $350 billion quick-service restaurant industry. Fast food, specifically. How Is the Fast The global spread of the Covid-19 pandemic exerts great influence on the global economies, and among the economic sectors which are suffering losses, the service industry, South Africa Fast Food Industry Report H1 2021 . Multinational players dominate the fast-food industry in China. Companies & Products reports Fast food industry in Singapore Foodservice industry in South Korea Industry market research reports, statistics, analysis, data, trends and forecasts. Skip to content Reports Fast Food Germany. The fast food industry employs approximately 3,450,120 individuals in the United States. glmtiygpymqgsckeebadgraxokktymkxxotrbjzraxkwjtd