Small, clean dataset for learning purposes.

Data sourced from QSR Magazine, a business-to-business magazine in the quick service restaurant industry. This dataset includes the top 50 fast food chains in the U.S. in 2020. Contains information on the total sales, sales per unit, franchise units, company owned units, and unit change from 2018.

Columns include: - Company Name - Category (pizza, burger, etc) - Sales in Millions (2019) - Sales Per Unit in Thousands (2019) - # of Franchised Units (2019) - # of Company Owned Units (2019) - # of Total Units (2019) - Unit # Change from 2018

The United States is known as the home of fast food. But in this competitive market, what kind of fast food do consumers order the most? During a 2023 survey, pizza emerged as the most frequently ordered fast food in the U.S., with 29 percent of respondents indicating it as their top choice. Comparatively, only five percent of participants reported TexMex as their most ordered type of fast food. How often do U.S. consumers order pizza? With more than 80 thousand pizza restaurants in the U.S. consumers are spoiled for choice. During a 2023 survey, 28 percent of U.S. consumers said that they ordered fast food pizza once a week, whilst 10 percent reported ordering pizza more than once a week. Meanwhile, the highest share of respondents, 31 percent, said they ordered pizza once a month and once every couple of weeks, respectively. What is the leading quick service restaurant in the U.S.? The market size of the quick service restaurant (QSR) industry in the United States reached 382 billion U.S. dollars in 2022. Within this thriving market, McDonald's emerged as the leader, generating the highest systemwide sales of any QSR chain. Following closely behind, Starbucks secured second place with just under half of McDonald's total sales. Meanwhile, Chick-fil-A claimed the third spot in the ranking.

Dataset

This dataset was created by Sandeep Bansode

Released under Apache 2.0

Contents

The Johns Hopkins Center for a Livable Future (CLF) obtained the food permit list from the Baltimore City Health Department in August 2011, which includes all sites that sell food, such as stores, restaurants and temporary locations such as farmers' market stands and street carts. The restaurants were grouped into three categories, including full service restaurants, fast food chains and carryouts. Carryout and fast food chain restaurants were extracted from the restaurant layer and spatially joined with the 2010 Community Statistical Area (CSA) data layer, provided by BNIA-JFI. The prepared foods density, per 1,000 people, was calculated for each CSA using the CSA's population and the total number of carryout and fast food restaurants, including vendors selling prepared foods in public markets, in each CSA. Source: Johns Hopkins University, Center for a Livable FutureYears Available: 2011, 2013, 2018, 2019

The Allegheny County Health Department has generated this list of fast food restaurants by exporting all chain restaurants without an alcohol permit from the County’s Fee and Permit System. A chain restaurant defined by the County is any restaurant that has more than one location in the County. Chain restaurants capture both local and national chains (including locally owned national chains) so long as there is one or more establishments in operation within the County.

In recent years, lifestyle changes and reduced leisure time have contributed to a consumer shift from traditional full-service restaurants toward fast-food establishments. In addition, increased Western influences in China have boosted demand for fast food. Due to the rapid development of fast-food service providers, improvements in chain store and franchising management, and new brands and food styles, industry growth has been strong over the past decade.ACMR-IBISWorld estimates that the Fast-Food Restaurants industry in China will generate $176.3 billion in 2023. Revenue is expected to increase by 7.2% in 2023 as the industry recovers from the COVID-19 outbreak. Industry revenue is expected to grow at an annualized 1.0% over the five years through 2023.There are about 2.5 million fast food restaurant locations (i.e., establishments) operating in the industry in 2023, including franchise and chain operators of all sizes and independent Chinese-style fast-food facilities throughout the country. Most industry enterprises are small, independent facilities that offer traditional Chinese-style fast food. Fast-food restaurants employ about 11.4 million people who collectively receive an estimated $32.9 billion in wages.ACMR-IBISWorld forecasts that industry revenue will increase at an annualized 6.1% over the five years through 2028, to reach $237.5 billion. Competition is forecast to intensify, especially in regions with well-developed fast-food markets. Increased competition will encourage players to look for new opportunities in less-developed regions. Chain operations will continue spreading from east to west, and from tier one and two to tier three and four cities. Industry concentration is anticipated to increase only slightly over the next five years. In addition, more industry enterprises are likely to enter China's Top 100 catering enterprises list over the period.

This statistic shows the products and services segmentation in the United States fast food industry in 2013. Drive-thru limited-service restaurants made up 34.4 percent of the U.S. fast food industry in 2013.

U.S. fast food restaurant industry - additional information

The largest share of the fast food industry in the United States in 2013 was made up of on-premises limited-service restaurants. Drive-thrus and take-out establishments also constituted a large share at 34.4 percent and 18.1 percent respectively. In 2013, there were 232,611 fast food establishments in the U.S. This figure was forecasted to rise by more than 14,500 by 2018, potentially creating 124,367 new jobs in the industry.

In 2013, the annual revenue of the U.S. fast food restaurant industry reached 191.03 billion U.S. dollars. Only 3.3 percent of that figure was retained by the industry as profit. Almost a quarter of the industry’s revenue was spent on wages with the average fast food employee earning an annual salary of around 12,800 U.S. dollars. The already-low salaries of fast food workers decreased year over year from 2010 to 2013, sparking strikes and protests over low wages, such as those seen throughout 2013 and 2014. Despite the tensions, U.S. consumers were not deterred.

In November 2013, 82.6 percent of U.S. consumers admitted to visiting quick service restaurants at least once a week, with almost half visiting for lunch and just under a quarter visiting for their evening meal. Young consumers supported this trend too – 43 percent of U.S. teenagers prefer to eat at quick service restaurants.

Global Fast Food market Size was Worth $647.7 billion in 2021 and Is Expected To Reach $998 billion by 2028, CAGR of 4.6%

The fast food chicken industry has displayed robust financial health over the last five years, benefiting from boosted disposable income levels amidst economic growth. A notable shift in consumer habits, with an increased focus on healthy food choices, led industry players to revamp their menus, adding healthier options. As a result of these trends, industry revenue saw an annualized growth of 7.2%, reaching $61.1 billion over the five years to 2024. A predicted increase of 1.9% in 2024 alone helps bolster this trend.

We investigate how changes in the supply of fast food restaurants affect weight outcomes of 3 million children and 3 million pregnant women. Among ninth graders, a fast food restaurant within 0.1 miles of a school results in a 5.2 percent increase in obesity rates. Among pregnant women, a fast-food restaurant within 0.5 miles of residence results in a 1.6 percent increase in the probability of gaining over 20 kilos. The implied effects on caloric intake are one order of magnitude larger for children than for mothers, consistent with smaller travel cost for adults. Non-fast food restaurants and future fast-food restaurants are uncorrelated with weight outcomes. (JEL I12, J13, J16, L83)

The global fast food industry has seen its fortunes rise steadily, with a projected annualized growth rate of 2.7%, increasing its revenue to an impressive $1.1 trillion over the last five years up to 2024. This success is largely due to the rise in disposable income, enabling consumers to indulge in dining out. This is supported by steady and consistent demand from emerging markets, whose unique contribution has bolstered the industry's overall performance.

This statistic shows the most popular global fast food chains in the United States as of August 2014. During the survey, 12 percent of respondents selected Chick-Fil-A, making it the most popular fast food chain in the U.S.

In a 2013 market breakdown of fast food brands in the United States, McDonalds ranked first with a market share of 21.7 percent.

The global fast food market size reached US$ 863.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,277.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.45% during 2024-2032. The increasing consumer preference for RTE food products, rising number of commercial establishments, and the growing adoption of fast food like frozen ready meals in the food service industry are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global fast food market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product type and end user.

The global fast food market size was valued at USD 772.04 billion in 2023. It is projected to reach USD 1186.44 billion by 2032, growing at a CAGR of 4.89% during the forecast period (2024-2032). The fast food category of food products is spec Report Scope:

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Fast Food Market Size 2024-2028

The global fast food market size is estimated to grow by USD 123.3 billion between 2023 and 2028 exhibiting a CAGR of 3.2%. Market expansion relies on various factors, notably the burgeoning online presence of fast food vendors, driven by shifting consumer preferences and the rising demand for fast-casual dining experiences. With the proliferation of digital platforms and food delivery and the convenience they offer, fast-food vendors are increasingly leveraging online channels to reach and engage with customers. This trend is further fueled by evolving consumer preferences, which prioritize convenience, variety, and healthier options. As a result, the demand for fast-casual food as well as food trucks, characterized by its quick service and elevated dining experience, continues to grow. By capitalizing on these trends and adapting their offerings to meet evolving consumer needs, fast food vendors can sustain market growth and stay competitive in the dynamic food industry landscape.

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Market Dynamics and Customer Landscape

In response to lockdown restrictions and changing consumer lifestyles, the market has witnessed a surge in demand for frozen and convenience foods and on-the-go snacks. With supply chain disruptions and labor restraints, full-service restaurants shifted focus to pick-up orders and food delivery services, leveraging food delivery applications like Menulog. Fast-food franchises and quick service restaurants adapted by offering meal kits and ready-to-make breakfast products through online ordering and digital platforms. This dynamic landscape reflects evolving snacking habits and consumer preferences, driving innovation in the snack food industry and cloud kitchen business. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing online presence of fast food companies is notably driving market growth. The increasing penetration of smartphones, coupled with the rising accessibility of the Internet, is promoting the sale of fast food online. E-commerce platforms enable consumers to choose from a wide range of brands. Brand-owned online formats and pure-play e-retailers are among the various types of e-commerce portals that offer fast food.

Additionally, e-commerce companies allow customers to collect information and compare various fast food product varieties and types available. Companies are motivated to offer fast food through online platforms, as it gives them easy access to the market and reduces their overhead costs by eliminating the need to rent or lease retail premises and hire workers. Therefore, the increasing online presence of fast food companies will stimulate market growth during the market growth and forecasting period.

Significant Market Trends

The growing number of fast-food outlets is a key trend influencing market growth. The influx of people into urban areas and a substantially large white-collar demographic segment have led to an increase in the number of food service outlets. Varied tastes and preferences for different types of food and beverages, such as fresh baked goods and hot beverages, have further led to the emergence of fast-food outlets and QSRs. Moreover, the growing popularity of malls and shopping centres has encouraged many new players to invest substantially in the distribution of fast food through these centres.

Further, the growth in infrastructure, such as new airports and highways in developing countries, provides scope for major fast-food chains to establish new outlets. Many major fast food outlets are setting up their franchises in developing countries such as India and China. For instance, Dunkin' Brands Group Inc. has a tie-up with Jubilant FoodWorks to operate Dunkin' Donuts-branded franchisee stores in India. Thus, the growing number of stores and retail outlets is expected to propel the growth of the market during the market growth analysis period.

Major Market Challenge

Health concerns pertaining to the excessive consumption of fast foods may impede market growth. The consumption of fast food can lead to various health issues such as obesity, diabetes, and others. Research studies have found a direct correlation between fast food consumption and health issues. Such studies discourage many consumers from eating fast food, which will hinder the growth of the market during the forecast period.

Besides, the rising occurrence of health issues associated with food habits and lifestyle has made consumers more conscious about the food items that they consume. The rising awareness among consumers about the high number of calories and few micronutrients persuades them to a

Fast Food Market size was valued at USD 692.65 Million in 2023 and is projected to reach USD 941.4 Million by 2031, growing at a CAGR of 3.91% from 2024 to 2031.

Key Market Drivers

Rising Urbanization and Busy Lifestyles: As cities expand and people become busier, there is a greater demand for accessible and economical food options. Fast food restaurants address this requirement by providing quick service and readily available meals.

Increasing Disposable Incomes: As disposable incomes rise, customers, particularly in emerging countries, have more money to spend on dining out. This trend promotes the expansion of the fast-food industry.

Technological Advancements: Technological innovations such as online ordering, mobile apps, and self-service kiosks provide ease and speed to the ordering process, drawing more customers to fast food businesses.

Menu Innovation and Diversification: Fast food restaurants are continually altering their menus to meet changing consumer demands. To keep customers interested, consider giving healthier options, diverse cuisines, and seasonal selections.

Value Menu Options and Promotions: Fast food restaurants recognize the value of affordability. Value menus, special offers, and loyalty programs entice people looking for low-cost eating experiences.

China Chain: Fast Food: Purchase data was reported at 48.630 RMB bn in 2023. This records an increase from the previous number of 38.302 RMB bn for 2022. China Chain: Fast Food: Purchase data is updated yearly, averaging 33.506 RMB bn from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 48.630 RMB bn in 2023 and a record low of 6.928 RMB bn in 2005. China Chain: Fast Food: Purchase data remains active status in CEIC and is reported by Ministry of Commerce, China General Chamber of Commerce. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.CCAC: Fast Food.

The size of the U.S. Fast Food and Quick Services Restaurants Market market was valued at USD 255.4 Billion in 2023 and is projected to reach USD 370.8 Billion by 2032, with an expected CAGR of 4.9 % during the forecast period. The U. S. fast food and QSR market includes the restaurant chains that serve the fast food meals quickly with lesser table service, including burgers, pizza, fried chicken, sandwiches, and beverages. It displays the kind of restaurants that aim at meeting the demands of consumers in quest of cheap and fast food. Market trends include increased working population, expansion of big cities, and the rise of interest in easy food solutions. Some of the important trends worth noticing are improvement of healthy options, plant based food, automation like mobile applications and delivery services. They include the use of sustainable packaging while others are the addressing the issue of food wastage. The growing automation is also registered in the QSR market, where self-service kiosks and AI-based customer service become popular.

The South Korea fast food market value is expected to grow at a CAGR of 4.6% between 2024 and 2032. Busy lifestyles and the growing number of single households in South Korea are majorly driving the fast food market.