Fast Food Industry Facts
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 takeawa