This statistic shows the fast food market share in the United States in 2015. Yum! Brands Inc. accounted for 10.8 percent of the U.S. fast food industry.
U.S. fast food industry - additional information
McDonald’s held, by far, the largest market share of the fast food industry in the United States in 2015. Its closest competitor was Yum! Brands - owner of popular chains Taco Bell, KFC, Pizza Hut and WingStreet. The leading five brands account for over 40 percent of the entire U.S. fast food industry, which, in 2014, generated over 198.9 billion U.S. dollars in revenue. This revenue was forecasted to rise above 223 billion dollars in 2020.
As well as leading the U.S. fast food industry, McDonald’s was also the most valuable fast food brand worldwide in 2016. With a brand value of more than 88 billion U.S. dollars, the company was worth more than double its closest competitor, Starbucks. McDonald’s worldwide revenue reached 24.6 billion U.S. dollars in 2016, with over 8.25 billion of this being accumulated in the U.S.
Fast food is clearly popular with U.S. consumers. In a November 2016 survey, 44 percent of Americans admitted to eating in quick service restaurants at least once a week. The popularity of fast food is perhaps unsurprising, considering that children aged between two and 11 years watch hundreds of fast food ads annually. Once again, McDonald’s topped the list, with two- to five-year-olds watching an average of 207.7 of McDonald’s ads, and six- to 11-year-olds watching 253.6 ads that year.
In 2022, KFC continued to be the leading restaurant brand in the limited-service restaurant market in China, with approximately *** percent of the market share. McDonald's and Dicos were another two major market players that year.
This statistic shows the restaurant industry food and drink sales in the United States from 1970 to 2017. In 2016, food and drink sales of the U.S. restaurant industry amounted to approximately *** billion U.S. dollars.
More statistics and facts on fast food, the U.S. restaurant industry and the pizza (delivery) market.
U.S. restaurant industry - additional information
In 2016, food and drink sales in the United States restaurant industry amounted to *** billion U.S. dollars, up from ***** billion U.S. dollars in the previous year. Restaurants in the United States have created a booming industry that employed more than ** million people nationwide in 2015.
Unsurprisingly, the majority of food and drink sales in the U.S. restaurant industry take place in commercial restaurants. In 2016, full-service restaurant sales amounted to *** billion U.S. dollars and limited-service sales were *** U.S. dollars. The second largest contributor in 2015 was retail, vending, recreation and mobile vendors with sales of ***** billion U.S. dollars. The smallest proportion came from came from bars and taverns.
As of December 2016, things were still looking up for the U.S. restaurant industry: the monthly Restaurant Industry Tracking Survey, conducted by the National Restaurant Association, recorded a performance index score of ***** – any score over 100 indicates a period of expansion. The lowest performance index score between 2011 and 2017, ****, was recorded in August 2011. In November 2016, ** percent of U.S. consumers reported that cheaper restaurants would make them dine out more often.
This statistic represents the sales in the food service market across India in 2016, distributed by type. Fast food sales accounted for a share of about 15 percent, while full-service restaurants had the highest sales share during the measured time period.
In 2023, the receipt volume index of fast food shops in Hong Kong resided at 109, slightly lower than the average of all restaurants. The index measures the quaterly developments in the restaurants' receipt volume.
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Overview The report presents updated estimates of household food expenditure trends and examines further issues relating to Australia's household food expenditure. The analysis builds on a June 2017 …Show full descriptionOverview The report presents updated estimates of household food expenditure trends and examines further issues relating to Australia's household food expenditure. The analysis builds on a June 2017 ABARES report that examined recent trends in food demand in Australia and a range of food security issues. Key Issues Between 2009-10 and 2016-17, the key drivers of Australia's household food demand growth were, in order of importance, population growth, changes in tastes and preferences (including lifestyle choices), lower real food prices and real income growth. While population growth is important, increasing the number of people seeking to meet their energy and nutrition requirements, there has also been a broadly-based shift toward spending on meals out and fast foods, with the share of meals out and fast foods in household food expenditure in Australia increasing from 31 per cent in 2009-10 to 34 per cent in 2015-16. This increases food expenditure per person, all else constant. Domestic household consumption is still the most important market for food producers (based on value), but food exports have recovered strongly in recent years, from $25 billion in 2009-10 to $39 billion in 2016-17 (in 2015-16 prices); the share of exports in Australia's indicative food production increased from a recent low of 25 per cent in 2009-10 to 33 per cent in 2016-17. Two key questions posed in the report relate to food security across population sub-groups and economic opportunities for farmers and other food product and service providers. • Food security-based on average outcomes in population sub-groups in 2015-16 using HES data, the Australian Government's transfer system is important in ensuring a high level of food security across households in Australia; some households, such as those highly reliant on family support payments, may require complementary support, for example, from non-government organisations. • Economic opportunities in the domestic food supply chain-future food demand growth in Australia will be underpinned by population and income growth. For people living in higher income and/or net worth households, there is a demonstrated willingness to pay a premium for quality attributes of food products and services, including convenience factors. Food labelling is a key approach to inform consumers about quality attributes that may earn a price premium. A key challenge in the long-term trend toward increased demand for meals out and fast foods is to ensure people have information about food attributes such as nutrition content. Reliable and well understood food product and service labelling may enhance nutrition security in Australia, and allow consumers to make food choices that are more closely aligned with their tastes and preferences (including in relation to nutrition and health), and wider circumstances, as well as contributing to reducing food waste.
Many major fast food chains in New Zealand experienced growth in 2016, with Domino’s Pizza achieving the highest market growth of ** percent in the two-years to 2016. Sushi and Indian quick service restaurants also expanded significantly in that year, with ** percent and ** percent growth rates respectively.
Fast food industry
The total sales of takeaway food in New Zealand has continued to increase over the past five years. Employment in this industry has also seen an increase, with the services industry dominating the workforce across the entire country.
In 2018, McDonald’s restaurants were the most frequented by fast food consumers in New Zealand, with the fast food chain leading all other quick service restaurants operating in the country. In 2017, there were ****** people per each McDonald’s restaurant in New Zealand.
The obesity epidemic
New Zealand has one of the highest rates of obesity among developed countries across the world. Obesity among Kiwi kids has become more prevalent in recent years. Many experts have linked this to diets dominated by fast food. Almost ** percent of children aged 10 to 14 years stated that they ate fast food or takeaway food at least once per week in the country. Going further, Pasifika and Māori children were more likely to eat at fast food restaurants, exacerbating the obesity problem among minority groups in the country even further.
While some fast food chains have taken steps to offer healthy alternatives at their restaurants, many argue that more needs to be done to tackle the obesity problem in the country.
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The Chinese Packaging market was valued at 604,751.9 million units in 2016 and is estimated to grow at a CAGR of 5.4% to reach 787,530.0 million units in 2021. Paper & Board is the largest packaging type accounting for 213,501.8 million units 2016, while Rigid Plastics is estimated to witness the fastest CAGR of 7.7% during 2016-2021. A fast growing economy, rising working population and younger population is driving the demand for growth in packaged food and drinks, thus providing a boost to the growth of overall packaging industry. Read More
Domino’s Pizza was projected to dominate the pizza and takeaway restaurant market in Australia in 2017 with a 25 percent share. Coming in at second was Yum! Australia, a subsidiary of U.S. based Yum! Brands and owner of KFC in Australia.
Australians’ large appetite for Domino’s Pizza
Domino’s pizza stores are operated by franchisees as well as by Domino’s Pizza Enterprises Limited. In terms of number of stores and revenue, the fast-food chain is one of the largest in Australia. In 2018, there were a total of 693 Domino’s Pizza outlets across the country. While not the leading quick service restaurant brand in the country, Australian consumers still showed a strong preference for Domino’s pizza. In fact, over 28 percent of consumers ate from Domino’s in an average six months.
Fast food nation
The revenue of cafes, restaurants and takeaway food and beverage services in Australia was forecasted to continue to increase until at least 2021. With the variety of takeaway food following global trends, the industry has continued to develop along with consumer preferences. Convenience has always been important for fast food; food delivery services such as UberEats and Menulog both had an almost 20 percent penetration rate in the country. Millennials in particular were frequent users of meal delivery services.
This statistic shows the leading fast food (quick service) restaurants in the United Kingdom (UK) in 2015. During the survey, 57 percent of respondents said they went to McDonald's, while 42 percent chose KFC.
Despite the popularity McDonald's enjoy in the United Kingdom, there are far fewer McDonald's restaurants per million people in the United Kingdom, than in similar nations. In 2014, the highest number of restaurants per million people could be found in the United States with 45.1 restaurants per million people. There were less than half of that number in the United Kingdom during 2014, with 19.1 McDonald's restaurants per million people.
In 2014, Europe generated more revenue for McDonald's than any other region, creating 11.08 billion U.S dollars, ahead of the 8.65 billion U.S dollars in revenue coming from the United States.
Residents of the United Kingdom are one of biggest spenders when it comes to food and beverage services. In 2015, the turnover of food and beverage service activities in the United Kingdom was higher than in any other member state of the European Union. Despite having a similar population to France and a smaller population than Germany, turnover in the food and beverage service industry amounted to 87.7 billion euros in the United Kingdom, compared with 63.17 billion euros in France and 53.03 billlion euros in Germany.
This statistic illustrates the value growth rate of the fast moving consumer goods (FMCG) industry in India in 2015/16, by category. During the 2015/16 year, the value growth rate of the food industry in India was around **** percent.
The table presents key figures on the pizza industry in Colombia in 2016 and 2017. The source estimated that the Colombian pizza market generated sales for around *** billion Colombian pesos between January and September of 2017. Bogotá was the city with the largest share of national consumption (**** percent) and the highest per capita spending on pizza, amounting to approximately ***** Colombian pesos per person per year in 2017. On average, Colombians' expenditure on pizza accounted for **** percent of their total food expenditure in 2017.
The candy company Mars controls a **** percent share of the global chocolate market, making it the largest chocolate company in the world. Mars is famous for such chocolate candy brands as M&M’s, Snickers, and Twix to name a few. Global Chocolate Market Western Europe is home to the largest market for chocolate confectionary worldwide, as of 2019. In that year, the chocolate confectionary market in Western Europe made up a third of the global market. The popularity of chocolate candy is not expected to dwindle any time soon. In 2019, it was estimated that the size of the global chocolate confectionary market amounted to nearly *** billion U.S. dollars. The market value is expected to exceed *** billion U.S. dollars by 2026. Top Chocolate Brands in the United States The Hershey chocolate company controls nearly ** percent of the U.S. chocolate market, followed by Mars with a ** percent share. However, the bestselling chocolate candy brand in the United States are M&M’s, a Mars brand. In 2017, sales of M&M’s amounted to ***** million U.S. dollars. Hershey’s chocolate came in second place with ***** million dollars in sales.
This statistic shows the total cost of food waste in quick service restaurants in England (UK) between 2006 and 2016. Food waste costs amounted to 259.6 million British pounds in 2011. Forecasts expect a growth to 262.4 million British pounds in 2016.
The volume share of unbranded products in the FMCG sector in India was highest for chips with as much as ** percent in 2016. Other salty snacks had a similar share of unbranded products in their portfolio.
The Indian FMCG sector
Along with rising consumer spending, the FMCG sector is growing. Food retail, in particular, contributed to the revenue from sales of fast-moving- consumer goods. Although there was an almost equal share of FMCG retail between urban and rural areas, the latter drives the FMCG market growth. While most fast-moving- consumer goods are sold via traditional channels, the share of online sales has increased. This coincided with an expanding share of private labels in online retail.
Branding in India
A high share of private label products across grocery retailers reveals that unbranded retail is characteristic of food retail. Accordingly, leading brands in the retail of chips like the PepsiCo-India-owned Lays lose out on market share, as customers opt for unbranded alternatives. Increasing trust and an eagerness to try new products have been the main triggers of this development. This is also reflected in the decreasing volume share of branded chips.
Sticks'n'Sushi ranked as the fastest growing restaurant company in the United Kingdom (UK) as of 2018. The Japenses restaurant and take away chain had a two-year compound annual growth rate of over *** percent. Following them was MW Eat Group, operator of several fine dining Indian restaurants.
The results are based on the compound annual growth rate (CAGR) of each company's reported profits over a two year financial period from 2015 to 2017, or 2014 to 2016 in the case of those that had not filed 2017 accounts at the time of the analysis.
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This statistic shows the fast food market share in the United States in 2015. Yum! Brands Inc. accounted for 10.8 percent of the U.S. fast food industry.
U.S. fast food industry - additional information
McDonald’s held, by far, the largest market share of the fast food industry in the United States in 2015. Its closest competitor was Yum! Brands - owner of popular chains Taco Bell, KFC, Pizza Hut and WingStreet. The leading five brands account for over 40 percent of the entire U.S. fast food industry, which, in 2014, generated over 198.9 billion U.S. dollars in revenue. This revenue was forecasted to rise above 223 billion dollars in 2020.
As well as leading the U.S. fast food industry, McDonald’s was also the most valuable fast food brand worldwide in 2016. With a brand value of more than 88 billion U.S. dollars, the company was worth more than double its closest competitor, Starbucks. McDonald’s worldwide revenue reached 24.6 billion U.S. dollars in 2016, with over 8.25 billion of this being accumulated in the U.S.
Fast food is clearly popular with U.S. consumers. In a November 2016 survey, 44 percent of Americans admitted to eating in quick service restaurants at least once a week. The popularity of fast food is perhaps unsurprising, considering that children aged between two and 11 years watch hundreds of fast food ads annually. Once again, McDonald’s topped the list, with two- to five-year-olds watching an average of 207.7 of McDonald’s ads, and six- to 11-year-olds watching 253.6 ads that year.