Fast Food Market: Competitive Dashboard 14.4. And of course, much more. Markets on a local, regional, and worldwide level are investigated while generating the report. The US . 918 N Market St. Waterloo, IL 62298. McDonald's (MCD) is the biggest player in the fast-food restaurant space, with a market share of 17.8%.In 2013, annual sales for McDonald's (MCD) were $28.10 billion.Yum! In 2019, by end-user, the quick service restaurants segment held the highest share, accounts for 42.59% of the global fast food market share. The estimated global market value for the fast food industry by 2027. It acts as an alternative to home cooked food. 6. Social Increasing consumer awareness about healthy lifestyles has pressured many fast-food players to offer healthier selections within their menus (BBC, 2011). 14 Fast food market: Estimated company market position analysis, 2020 Note: Product cover images may vary from those shown During the year ending in March, Americans spent nearly $281.6 billion on fast food - which gained the 7.1% of market share by dollars that full-service restaurants shed, the NPD data show. DUBLIN, March 01, 2022--The "Canada Fast Food Market, Share, Insight, Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis" report has been added to . Health focus: Major chains are promising to source fresher ingredients with fewer additives. 7:00 AM - 12:00 AM (Next day) Tue. In 2019, . $ 545.00 (Excl.Tax) Market Sizes Fast Food Foodservice US. Between 2005 and 2010, Latin America, Asia Pacific, Eastern Europe and Russia accounted for 89% of global growth in the fast-food industry (Passport, 2012). Fast Food & Takeaways in US (2018) - Market Sizes. Save. Additionally, digitization in the region is redefining the way consumers are drawn to fast food. Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. McDonald's. ( NYSE:MCD) $173 billion. (Photo Illustration by Scott Olson . The global fast food market size was valued at USD 529.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028 . Aided by heightened adoption of innovative strategies in the production of fast food and growing working population, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.2%. The global fast food and quick service restaurant market size was valued at USD 257.19 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027. The growing convenience and affordability of fast food is a major . US fast food and quick service restaurants market is expected to grow with a considerable CAGR of 4.7% during the forecast period (2020-2026). 5. Description. Fast Food & Takeaways in US by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2018. The rise in disposable income and rapid globalization of the food industry are the key . During the year ending in March, Americans spent nearly $281.6 billion on fast food - which gained the 7.1% of market share by dollars that full-service restaurants shed, the NPD data show. The fast-food market can anticipate growth at a splendid rate between 2020 and 2027, says Market Research Future (MRFR). The timeless items on the menu such as Filet-O . End User - Global Fast Food Market. Fast food is defined as the food that is prepared and served at . Market share of leading brands in the U.S. fast food industry in 2010 Food and drink sales of retail-host restaurants in the U.S. 2009-2017 States with the fastest restaurant job growth in the U.S . Street Vendors 11.6.3. The UK Fast Food market is leading the market due to the emergence of major players in the region, coupled with the workforce's high . . Market share assessments for the regional and country-level segments Strategic recommendations for the new entrants In 2019, McDonald's controlled an impressive 21.4 percent, with Starbucks coming in a distant second at 7.52 percent. The global fast-food market attained a value of USD 617.9 billion in 2020, driven by the increased prevalence of food delivery apps. A New Market Study, Titled "Fast Food Market Upcoming Trends, Growth Drivers and Challenges" has been featured on fusionmarketresearch. in 2027. The "Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The market growth is assisted by increasing preference for fast food among generation X, Y, and Z across the globe. The North America fast food market is estimated to reach $272.51 Billion by 2025 from $191.45 Billion in 2019, at a CAGR of 4.7% during 2019-2025. Global fast food industry revenue will exceed $885 billion in 2021. The global fast food market size was USD 862.05 billion in 2020. Mounting consumer spending prowess coupled with the rising prevalence of food delivery apps will be favorable for the fast-food industry. Description. The nascent e-commerce industry has received a flip with new growth opportunities. Canada Fast Food Market, Share, Insight, Forecast Report 2022-2027: Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis - ResearchAndMarkets.com March 01, 2022 10:30 AM Eastern . The Fast Food Market will grow by USD 75.85 bn during 2020-2024. . Basis Point Share (BPS) Analysis by Sales Channel . The global fast food market was valued at US$ 647.7 billion in the base year of the study i.e. During the year ending in March, Americans spent nearly $281.6 billion on fast food - which gained the 7.1% of market share by dollars that full-service restaurants shed, the NPD data show. The fast food market size was valued at $647.7 billion in 2019 and is estimated to reach $931.7 billion by 2027, growing at a CAGR of 4.6% during the forecast period. Brands, Doctor's Associates, Wendy's International and Burger King. May 13, 2022 (The Expresswire) -- The Global Fast Food and Quick Service Restaurant Market research report shows . It aims to recommend analysis of the market with regards to growth trends, prospects, and player's contribution in the market development. The 2021 online food delivery market worth is $151,526 billion. Historic volume and value sizes, company and brand market shares. The US fast food industry market size (by revenue) is $296.6 billion as of 2021. The average amount Americans spend on fast food in a lifetime. cover different segment Organic Fast Food Market size, both . However that market share is sliding, and Mexican food in particular has been gaining. Product Type - Global Fast Food Market. CHICAGO, ILLINOIS - MAY 06: Fast-food chicken sandwiches from McDonald's, Popeyes Louisiana Kitchen . The industry is expected to have an annual growth of 2.5% for the next several years - below the long term average but coming back from a several year slump. According to the National Restaurant Association, restaurants are the Nation's second-largest private-sector employer, providing jobs for 1 in 10 workers in the U.S. Table Of Content Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Spain Fast Food Market Share by Type (2020-2026) 1.5.2 Hamburger 1.5.3 Pizza 1.5.4 Sandwich 1.5.5 Alcoholic drinks 1.5.6 Others 1.6 Market by Application 1.6.1 Global Spain Fast . Segmental Insights . McDonald's had a revenue of $27 billion in 2011, making it the 90th largest economy in the world at the time. Detailed research and segmentation for the main products and markets. This report covers fast food and takeaway restaurants which have a restricted or set menu, limited . The global Fast Food Market size was calculated to be USD 647.7 billion in 2021, and it is envisioned to reach USD 931.7 billion by the end of 2027 at a CAGR of 4.6% over the prediction period. [ 15] Ray Kroc acquired the rights to the McDonald's company from Dick and Mac McDonald in 1961 for $2.7 million (about $23.6 million today). These estimates were made before the Coronavirus (COVID-19) pandemic. Fast Food Market 2022 Size, Share, Growth, Trends . Introduction 7.2.1. Iconic . The rise in disposable income and speedy urbanization of the food industry are the key factors fueling market growth. Quick Service Restaurant (QSR) 11.6.2. Industry Trends, Growth, Share, Insight, Impact of COVID-19, Company Analysis, Forecast 2022-2027. Improved purchasing power pushed an even higher frequency of spending on food and the increasingly busy lifestyles of Filipinos, especially for the emerging middle class . Mon. The global fast food industry is expected to grow at a CAGR of 5.1% by 2027. The Organic Fast Food Market report (2022-2027) covers segment data, including: type segment, industry segment, channel segment etc. [ 15] Ray Kroc acquired the rights to the McDonald's company from Dick and Mac McDonald in 1961 for $2.7 million (about $23.6 million today). 13 Fast food Market: Regional share (%) analysis, 2020 & 2028 Figure. The MarketWatch News Department was not involved in the creation of this content. The global fast-food market size is expected to reach USD 813.9 billion by 2028, registering a CAGR of 4.6%. Company Profiles (Details Overview . Full-service and fast food restaurants—the two largest segments of the commercial foodservice market—account for about 73.7 percent of all food-away-from-home sales in 2020. Fast Food Market Size, Share & COVID-19 Impact Analysis, By Product Type (Burger & Sandwich, Pizza & Pasta, Asian & Latin American Food, and Others), Service Type (On-Premise and Delivery & Take Away), and Regional Forecast, 2021-2028 14.1. The average annual growth rate for fast food consumption. If you're interested in investing in the fast food industry, here are seven top fast food stocks to consider: Company. cover different segment Organic Fast Food Market size, both . The Cambodian foodservice market was valued at USD 1,711.41 million in 2020 and is projected to register a CAGR of 13.57% during the forecast period (2021-2026). 8.1 Full-Service Restaurant Fast . Snacks come in at second place, with a total of $36 billion in revenue. Detailed segmentation of international and local products. The global fast food market is expected to attain a value of USD 843.4 Billion by 2026, registering a CAGR of 5.6% during the forecast period, 2019-2026. 7. Historic volume and value sizes, company and brand market shares. Fast food is defined as food that is quick to prepare and serve. Economic and social conditions in the Philippines were very favourable to the fast food industry as at the end of the review period. Straits Research has published a new report titled "Global Fast Food Market Report 2020-2026" into its vast database of research reports. 6.1 By Product Type 6.2 By End User 6.3 By Region. The short term impact of COVID-19 . Global Fast Food Market: Market Share Analysis 14.2. [+] and KFC are shown on May 06, 2021 in Chicago, Illinois. The global fast food industry is expected to grow at a CAGR of 5.1% by 2027. 2019. Europe Fast food Market Value, Market Share, and Forecast to 20275.1 Europe Fast food Market Overview, 20205.2 Europe Fast food Market Revenue and Forecast, 2021-2027 (US$ Million)5.3 Europe Fast . McDonald's had a revenue of $27 billion in 2011, making it the 90th largest economy in the world at the time. According to Renub Research report titled, "Canada Fast Food Market, Share, Insight, Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis" Canada Fast Food . McDonald's is the market leader in fast food restaurants in the USA, with a market share of 21.7 percent in 2013 followed by Yum! Market Share - Global Fast Food Analysis. An assessment of the competitive landscape and market shares for major companies. The global fast food and quick service restaurant market reached a value of US$ 232.3 Billion in 2021 and is exhibiting at a CAGR of 4.9% during 2022-2027. Five year forecasts of market trends and market growth. Five year forecasts of market trends and market growth. Note: Product cover images may vary from those shown. Ticker. When all fast food restaurants are considered, including those that don't serve burgers, McDonald's owns the biggest share of the market. Fast food Market, Size, Share, Outlook 2020 to 2026 is a premium global market research report focusing on factors driving and challenging the industry, Market Trends, recent industry developments, Key Players Analysis, market share, size, forecast, segmentation, Business Profiles of Leading Companies. This information is published by Fortune Business Insights™, in its report titled, "Fast Food Market, 2021-2028." According to our analysts, the chaotic lifestyles among millennial . 80%. Pizza parlors account for 15% of market share. 931.7 Billion. Fast Food Market size was valued at USD 660.20 Million in 2020 and is projected to reach USD 896.95 Million by 2028, growing at a CAGR of 3.91% from 2021 to 2028. In 2020, the size of the Fast Food Industry was $636B and is projected to grow 4% in 2021. The expected CAGR (compound annual growth rate) of the US fast food industry is 5.1% from 2020-2027. 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