How big is the fast food industry in US?

How big is the fast food industry in US?

Fast Food Restaurants in the US – Market Size 2002–2027

$296.5bn	Fast Food Restaurants in the US Market Size in 2021
15.8%	Fast Food Restaurants in the US Market Size Growth in 2021
2.4%	Fast Food Restaurants in the US Annualized Market Size Growth 2016–2021

How much does the fast food industry make a year in the US?

1) Fast Food Revenue in the US is $278 Billion (source ) Fast food restaurants in the U.S. earned $278.6 billion in revenue in 2021.

What percentage of American restaurants are fast food?

They found that, overall, 36.6 percent of adults – about 85 million – consumed fast food, including pizza, on a given day. The percentage was higher for people between the ages of 20 and 39 (44.9 percent) and 40 and 59 (37.7 percent).

What is the size of the fast food industry?

$647.7 billion
The fast food market size was valued at $647.7 billion in 2019 and is estimated to reach $931.7 billion by 2027, growing at a CAGR of 4.6% during the forecast period. Fast food is defined as food that is quick to prepare and serve.

How many fast food chains are there in the United States?

If you are wondering how many fast food chains there are in the United States, there’s around 50,000 scattered across the nation.

How many fast food restaurants are in the US 2020?

In 2020, there were 186,290 quick service restaurants in the United States, down from 193,995 the previous year.

How much is the US food industry worth?

In the United States, retail and food services sales amounted to 6.2 trillion U.S. dollars in 2019, increasing for the tenth successive year.

How many food companies are in the US?

The number of restaurants in the United States reached a total of 660,755 in Spring 2018. This figure increased from the previous period by a little over two percent.