Fast Food Industry Facts

May 11, 2020

The fast food market size was valued at 6477 billion in 2019 and is estimated to reach 9317 billion by 2027 growing at a CAGR of 46 during the forecast period. McDonalds is the most popular in this field no surprise there although one data below puts it in an interesting perspective.

47 Fast Food Industry Statistics 2020 Order Up

In 2012 the fast food industry spent 46 billion to advertise mostly unhealthy products and children and teens remained key audiences for that advertising according to a new report by the Yale Rudd Center for Food Policy Obesity.

Fast food industry facts. The fast food industry also currently employs 13 million people and has 826000 fast food restaurants and establishments world wide so its safe to say its not going anywhere anytime soon. Hamburger fast-food chains continue to dominate the US. Fast food or junk food is the name given to food that can be prepared and served quickly often served at basic restaurants or in packaged form for convenient takeawaytakeout.

Three years after our first report - using the same methods as the original Fast Food FACTS - this report quantifies changes in the nutritional quality of fast food and how it is marketed to children and teens. States with the most QSRs California accounted for the highest number with almost 315 thousand units. Franchise Help Around 96 of Americans visited McDonalds at least once.

Fast food is defined as food that is quick to prepare and serve. Theres a McDonalds in just about every town in the United States and several around the world. Fast-food landscape making up for more than 30 of the total industry sales.

From 2016 to 2022 the Fast Food Industry CAGR is projected to average 4 per year. Food and beverage inputs account for 33 of the total product cost within this industry as of 2013. It acts as an alternative to home cooked food.

The fast food industry focuses on high volume low cost and high speed food products. Popular forms of fast food include burgers fries pizza fishand chips kebabs and fried chicken. In a 2019 ranking of the US.

In 2020 the size of the Fast Food Industry was 636B and is projected to grow 4 in 2021. Fast food is a presence in almost everybodys life on a daily basis. Fast food is a part of our civilization since the ancient times but it became more and more so since the early 20th century.

This potent combo has resulted in a massive industry whose impact on consumer behavior employment and food supply can be seen in every corner of the globe. Essential Facts About the Fast Food Industry. In the US all states are home to fast food restaurants.

The fast food industry keeps growing despite the general publics newfound surge to go organic and healthy. Here are some facts about fast food and its history. The fast-food industry revenue in the US alone makes about 110 billion annually.

Largest hamburger in the world weighted 91354 kg and was made by Black Bear Casino Resort from Carlton Minnesota in 2012. There are many factors that contribute to Americas obsession with fast food. It is typically inexpensive to buy but unhealthy to eat.

Over a quarter of American adults eat fast food daily1. Market saturation is greatly affecting the market share of each company in this industry. The chart shows the Fast Food Market Size over a forecast period from 2016 to 2022.

Researchers found that the industry spent 42 billion on advertising to encourage frequent visits by young people to fast food restaurants targeting children as young as two years old. Fast food is popularly used in restaurants hotels and fast-food. The fast food industry employs an estimated 37 million in the United States.

Fast Food Market Share is dominated quite heavily by McDonaldss.

11 Global Fast Food Industry Statistics Brandongaille Com