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.
What is the growth rate of the fast food industry?
2.4\% per year
How much is the US fast food industry growing? The US fast food industry is growing at an average annual rate of 2.4\% per year, with an expected compound annual growth rate of 4.6\% from 2020-2027.
How many fast food chains are there in the US?
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 big is the fast food market in the US?
The market size of the quick service restaurant (QSR) industry in the United States was 256.03 billion U.S. dollars in 2020, down from the previous year’s total of 295.91 billion U.S. dollars. In 2021, the market size was forecast to reach 296.55 billion.
Which country is the growing market for fast food industry?
Europe, followed by North America, had the largest share of the entire market and is expected to maintain its market position due to the majority of its workforce during the forecast period. The rapid expansion of the fast food chain in North America will help the growth of the future fast food market.
How many restaurants are in the US in 2021?
There are 143,350 Single Location Full-Service Restaurants businesses in the US as of 2021, an increase of 0.7\% from 2020. Has the number of Single Location Full-Service Restaurants businesses in the US grown or declined over the past 5 years?
How big is the US fast food industry?
What is the market size of the Fast Food Restaurants industry in the US in 2021? The market size, measured by revenue, of the Fast Food Restaurants industry is $296.5bn in 2021.
How many chains are in the US?
Chain Restaurants in the US – Number of Businesses 2002–2027 There are 103,323 Chain Restaurants businesses in the US as of 2021, an increase of 0.6\% from 2020.
How much fast food is consumed daily in America?
Most Americans eat fast food 1-3 times a week. Statistics from a survey conducted by the National Center for Health Statistics from Center for Disease Control shows that a little over one-third (36.6\%) of adults in America eat fast food on any given day. That’s about 84.8 million adults eating fast food every day!