Fast-Food & Quick-Service Restaurants
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry operate restaurants in which customers order and pay at a counter. Major companies include Chipotle, McDonald's, Wendy's, and Yum Brands (all based in the US), as well as Café de Coral (Hong Kong), Greggs (UK), Restaurant Brands International (Canada), and Seven & i Food Systems (Japan).The global fast-food market is forecast to reach about $1.5 trillion by 2032 at a CAGR of about 6% during the 2022-2032 period, according to Spherical Insights. Consumer food service sales are expected to grow most rapidly in Latin America, the Middle East/Africa region, and the Asia/Pacific region.
The US fast-food and quick-service restaurant industry includes about 250,000 establishments with combined annual revenue of about $255 billion. Full-service restaurants and specialty eateries such as coffee shops are covered in separate industry profiles.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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