United States Fast Food & Quick Service Restaurants Market Will Reach USD 345.6 Billion by 2033, According to Renub Research

United States Fast Food & Quick Service Restaurant Market Analysis
Convenience, affordability, and changing customer tastes are the main drivers of the multibillion-dollar, dynamic fast food and quick service restaurant (QSR) sector in the United States. The industry is still expanding thanks to digital ordering, delivery, and healthier menu alternatives advancements. However, it is still dominated by large chains like McDonald's, Starbucks, and Chick-fil-A. A competitive environment with ongoing brand adaptation is supported by consumer need for speed, value, and diversity. Increased use of mobile apps and drive-thru are post-pandemic developments. Menus are changing as a result of sustainability and health-conscious options. QSRs' cost and scalability make them robust to changes in the economy. The market's standing as a pillar of the US food service sector is further reinforced by growth via franchising and technological investments in areas like automation and artificial intelligence.

According to Renub Research, the United States fast food and quick service restaurant market was estimated to be worth US$ 248.8 billion in 2024. It is projected to grow at a compound annual growth rate (CAGR) of 3.74% between 2025 and 2033, reaching US$ 345.6 billion by that year. Customization and convenience are rapidly emerging as the primary growth factors in the fast food and quick-service restaurant (QSR) businesses in the United States, where they have a sizable market share. The ease of altering meals to accommodate specific dietary needs, preferences, and appetites has led to a growing demand for customized dining experiences among patrons. Customers can now personalize their meals and have them delivered right to their door, thanks to the increasing popularity of food delivery apps and smartphone ordering systems. Younger generations, who desire the freedom to customize meals to suit their tastes, place a premium on convenience. Many QSRs respond to this by using technology to streamline and personalize orders.
For example, Church's Texas Chicken doubled its size by 50% and aimed for $2 billion in sales annually by 2028 by launching 900 additional foreign locations in April 2025, up from 60 openings in 2024. Furthermore, the expansion of on-demand delivery services has further stimulated the need for quick, personalized meals. Technology convenience is a crucial component of the expansion of the US market as this trend affects not only menu styles but also fast food and QSR operations in general.

Key information covered in the report.
Base Year - 2024
Historical Period - 2021-2024
Market Forecast - 2025-2033
Market - US$ Billion

Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=united-states-fast-food-and-quick-service-restaurants-market-p.php

Growing United States Quick Service Restaurants Market Trends
Between 2020 and 2021, the number of quick service restaurants (QSRs) grew by 11,018 due to more franchisees and businesses growing their operations. According to estimates, there were 188,402 QSR franchises in the US in 2021.
There are standalone eateries in various locations, including rural regions, suburban strip malls, and urban districts. Their menu usually consists of quick and easy dishes that can be made quickly, such as salads, sandwiches, and burgers. McDonald's, Subway, KFC, and Pizza Hut were the major franchised restaurant chains in 2021, with 13,000, 20,000, 4,000, and 7,000 sites, respectively. Quick-service restaurants offer a quick, easy, customized, and distinctive dining
experience.

Read More: https://www.renub.com/united-states-fast-food-and-quick-service-restaurants-market-p.php

Product
• Hamburgers
• Sandwich
• Pizza
• Mexican
• Others
Key Features of a QSR Restaurant
When defining what a quick-service restaurant is, it's helpful to look at the key features of this type of restaurant. Here are five main characteristics that customers expect from a QSR:
Fast service: Restaurants focus on speed of service over the quality of food or ingredients.
No table service: Self-service and counter service are usually used in place of being seated, ordering with a server, and bringing the food to your table.
Food to go: Takeout and drive-thru options are typical in fast-food restaurant chains.
Low price points: Menu items are usually more affordable than full-service restaurants.
A limited menu: Most QSRs have fewer menu items than restaurants offering full service.

The United States Leading Fast-Food Chains (2024)
QSR Magazine publishes the QSR companies list, an annual rating of limited-service restaurant businesses. The fast-food industry's present situation and potential future developments are highlighted in the 2024 QSR study. Here is a summary of their results and some of the report's most important takeaways:

Top Performers
• McDonald's
It continues to be the biggest restaurant chain in the US based on system-wide sales.
By 2027, there are plans to grow to 50,000 eateries worldwide.
Aiming for 250 million active loyalty members while concentrating on the expansion of the digital environment
launched a new small-format beverage-focused concept called CosMc's.
Putting money on partnerships and digital marketing, including a national Krispy Kreme rollout
• Starbucks
Since early 2021, it has grown by 902 sites in the United States.
Dealing with issues related to traffic performance
Making adjustments under Laxman Narasimhan, the new CEO
concentrating on technological advancements, product innovation, and digital interaction
• Chick-fil-A
ranked highest among all restaurant brands in terms of consumer perception
Sales at drive-thrus averaged $9.275 million in 2023.
In 2023, total revenue was $7,888,050,586.
Considering growth in Puerto Rico and Canada
• Taco Bell
In 2023, system-wide sales in the United States topped $15 billion.
Excellent results in places with low incomes
Emphasizing digital platforms and value menu
Using modern technologies to enhance operations and marketing
• Wendy's
Putting $100 million into digital and breakfast businesses
Testing drive-thru automation powered by AI
New leadership was appointed to promote expansion.

Region
• East
• West
• North
• South

QSR's Top 15 for 2024
QSR considers both company revenues and the number of locations when ranking the contenders
Rank Company Revenue Rank Revenue (Billions) Location Rank Number of Locations
One McDonald's 1 $53.135 3 13,457
Two Starbucks 2 $28.700 2 16,346
Three Chick-fil-A 3 $21.586 18 2,552
Four Taco Bell 4 $15.000 5 7,405
Five Wendy's 5 $12.285 9 6,030
Six Dunkin' 6 $11.918 4 9,580
Seven Burger King 7 $10.957 6 6,778
Eight Subway 8 $1072 1 20,133
Nine Domino's 9 $9.026 10 6,854
Ten Chipotle 10 $8.600 16 3,437
Eleven Pizza Hut 12 $5.500 8 6,593
Twelve Popeyes 15 $5.001 17 3,076
Thirteen Panera Bread 11 $7.157 24 2,169
Fourteen Sonic Drive-In 13 $5.499 14 3,521
Fifteen KFC 14 $5.100 12 3,791

Published: October 2024
United States Quick Service Restaurants Market News
August 2023: Roark Capital, a private equity firm, paid USD 8.95 billion to purchase Subway. Subway must reach specific cash flow goals within two or more years of the deal's completion to collect the whole amount.
January 2023: In 2023, McDonald's (MCD) intends to open 1,900 new restaurants. Around 400 of the new Golden Arches will be in the United States.

Company Analysis
• McDonald's
• Pizza Hut, LLC
• KFC Corporation
• Domino's Pizza, Inc.
• Taco Bell IP Holder, LLC
• CFA Properties, Inc.
• Subway IP LLC
• Chipotle Mexican Grill

New Publish Report
Saudi Arabia Quick Service Restaurant (QSR) Market: https://www.renub.com/saudi-arabia-quick-service-restaurant-market-p.php
United Arab Emirates Quick Service Restaurant (QSR) Market:https://www.renub.com/united-arab-emirates-quick-service-restaurant-market-p.php

Media Contact:
Company Name: Renub Research
Contact Person: Rajat Gupta, Marketing Manager
Phone No: +91-120-421-9822 (IND) | +1-478-202-3244 (USA)
Email: mailto:rajat@renub.com

About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 15 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

This release was published on openPR.