Press release
Fast-Food Market is to grow at a 4.9 % CAGR, with the United States leading the market through 2030
Fast-Food Market
The Global Fast-Food Market was USD 784.24 Bn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.9 % from 2023 to 2030, reaching USD 1096.22 Bn by 2030. The fast-food industry has grown as a result of the increased number of hotels and restaurants brought about by rapid urbanization. In order to accommodate a wide range of customer tastes, fast-food businesses are increasingly providing personalized menu alternatives. The market has grown as a result of aggressive marketing tactics and localized customizations that have increased its popularity. About 216,000 fast-food restaurants are open in the United States as of 2025, representing a CAGR of 2.0% between 2020 and 2025.
Discover In-Depth Insights: Get Your Free Sample of Our Latest Report Today @https://www.maximizemarketresearch.com/request-sample/28718/
Global Fast Food Market Segmentation
By Product: In 2021, the burger/sandwich segment generated over 42% of the worldwide fast-food market's revenue. Pizza/Pasta, Chicken, Asian/Latin American Food, and Seafood are the segments that dominate the fast-food market.
By Distribution Channel: The main reasons QSRs dominate the fast-food market are their price, quickness, and convenience. Drive-Thru segment gained prominence in the regions like North America. Full-Service Restaurants segment is comparatively smaller than that of QSR. Food trucks offer a range of fast-food alternatives at various places with their mobile food services.
Discover Key Insights: Request a Free Sample of Our Report Today @https://www.maximizemarketresearch.com/request-sample/28718/
Global Fast Food Market Regional Analysis
In the United States, the fast-food sector was worth over $490 billion with a CAGR of 3.9 % in 2023 and made a substantial contribution to the worldwide fast-food market. The fast-food industry in the United States is dominated by Quick Service Restaurants (QSRs), with Taco Bell, Wendy's, Burger King, and McDonald's at the forefront. The growth of food delivery businesses such as GrubHub, DoorDash, and Uber Eats drives the market.
Europe, with a market share of about 38.94% in 2023, is another sizable market for fast food. From 2023 to 2030, the European fast-food industry is anticipated to expand at a compound annual growth rate (CAGR) of 3.3%. Burgers and fish & chips are popular in the UK and France, but pizza and pasta are more common in nations like Italy and Spain.
China, in 2023, the fast-food market in China is projected to grow to a size of RMB 3,687.8 billion, or around US$536.33 billion, with a CAGR of 6.2 %. KFC held a 5.5% market share in 2022, making it the market leader in China for limited-service restaurants. Market value of China is reaching twice that of the US market, which is projected to reach over US$45 billion in 2023.
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-fast-food-market/28718/
Global Fast Food Market Competitive Landscape
McDonald's Corporation: In October 2024, for $430.3 million, CITIC Ltd agreed to sell its 19.23% share in the business that runs McDonald's restaurants in China and Hong Kong. In November 2023, McDonald's consented to buy Carlyle's minority ownership of 28% in China, Hong Kong, and Macau.
Yum! Brands Inc.: Yum! Brands acquired The Habit Restaurants, Inc. for $375 million. In 2021, Yum! Brands purchased the Australian business Dragontail Systems for $93.5 million.
Burger King: Burger King merged with Tim Hortons for around $11.4 billion. Popeyes Louisiana Kitchen was acquired by Burger King's parent company, Restaurant Brands International (RBI), for about $1.8 billion.
Conclusion
♦ Market dominance may be threatened by changes in customer tastes, environmental concerns, and competitive dynamics; thus, businesses must continue to be flexible.
Explore More Reports on Our Website :
♦ Global Vegan Cheese Market https://www.maximizemarketresearch.com/market-report/global-vegan-cheese-market/104025/
♦ Apple Cider Vinegar Market https://www.maximizemarketresearch.com/market-report/global-apple-cider-vinegar-market/98303/
♦ Breakfast Cereal Market https://www.maximizemarketresearch.com/market-report/global-breakfast-cereal-market/28323/
♦ Gluten Free Food Market https://www.maximizemarketresearch.com/market-report/gluten-free-food-market/145990/
♦ Global Tea & Tea Based Beverages Market https://www.maximizemarketresearch.com/market-report/global-tea-tea-based-beverages-market/29479/
♦ Food Certification Market https://www.maximizemarketresearch.com/market-report/global-food-certification-market/31781/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fast-Food Market is to grow at a 4.9 % CAGR, with the United States leading the market through 2030 here
News-ID: 3900255 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
3D Display Market Expanding at a Strong CAGR 18.8% with Asia-Pacific as the Most …
The 3D Display Market size was valued at USD 149.35 Billion in 2024 and the total 3D Display revenue is expected to grow at a CAGR of 18.8% from 2025 to 2032, reaching nearly USD 592.58 Billion.
Market Overview
The global 3D display market is steadily transforming how visual content is experienced across industries. Unlike traditional flat displays, 3D display technologies create depth perception without requiring special glasses, delivering a more immersive…
Automotive Repair and Maintenance Services Market 2025-2032: Growth, Trends, Cha …
The Global Automotive Repair and Maintenance Services Market was valued at approximately USD 784.59 Billion in 2024 and is projected to reach USD 1259.99 Billion by 2032, expanding at a CAGR of 6.1% during the forecast period.
Market Overview
The global automotive repair and maintenance services market is experiencing robust growth propelled by increasing vehicle ownership, rising complexity of vehicle systems, and growing demand for specialized servicing solutions. The market includes services…
Nanosensor Market Growth Outlook Signals a 6.38% CAGR Driven by Advanced Sensing …
The Nanosensor Market size was valued at USD 844.02 Mn. in 2023 and the total revenue is expected to grow by 6.38% from 2024 to 2030, reaching nearly 1302.22 Mn.
The Nanosensor Market is rapidly emerging as a transformative force across healthcare, electronics, environmental monitoring, energy, and industrial automation. Nanosensors are ultra-small sensing devices capable of detecting physical, chemical, and biological changes at the molecular or atomic level. Their ability to…
Ceramic Capacitor Market Size, Share & Forecast 2025-2032: Driven by Electrifica …
The global Ceramic Capacitor Market was valued at approximately USD 25.54 Billion in 2024 and is projected to reach around USD 40.40 Billion by 2032, growing at a CAGR of 5.9% through 2032.
Market Overview
A ceramic capacitor is an essential passive electronic component that stores and releases electrical energy using a ceramic dielectric material. Due to their reliability, small size, and cost-effectiveness, ceramic capacitors are ubiquitous across modern electronics - from…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…
