Fast Food Market Size and Share

Fast Food Market (2025 - 2030)
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Fast Food Market Analysis by Mordor Intelligence

The fast food market size is valued at USD 1.65 tillion in 2025 and is projected to reach USD 2.39 tillion by 2030, advancing at a 7.65% CAGR. Urbanization, digital ordering platforms, and franchise-led roll-outs enable chains to penetrate new trade areas quickly while preserving menu consistency and brand identity. Consumers favor convenient, contactless service, prompting operators to invest in artificial-intelligence drive-thru systems, loyalty programs, and delivery integration that compress wait times and raise ticket averages. Sandwiches remain the volume backbone for many chains thanks to standardized prep lines, yet double-digit growth in Asian and Latin American concepts illustrates how demographic diversity is widening flavor exploration. On the regulatory front, the FDA’s phased ban on petroleum-derived colorants and state-level wage mandates are lifting compliance and labor costs, spurring automation adoption in kitchen, payment, and customer interface functions.

Key Report Takeaways

  • By product type, sandwiches held 34.32% of fast food market share in 2024, whereas Asian and Latin American cuisine is set to expand at an 8.30% CAGR from 2025-2030.
  • By restaurant type, QSRs captured 56.83% revenue share in 2024, while fast-casual formats are forecast to grow at 7.98% CAGR.
  • By ordering channel, dine-in remained largest with 48.63% share in 2024, but third-party delivery apps will post an 8.26% CAGR through 2030.
  • By outlet type, independents accounted for 58.36% of the 2024 pool and are progressing at an 8.67% CAGR, outpacing chain units.
  • By geography, Asia-Pacific led with 38.74% contribution in 2024, whereas the Middle East and Africa region is projected to log the fastest 8.88% CAGR over the forecast horizon.

Segment Analysis

By Product Type: Sandwiches Lead While Asian Fusion Accelerates

Sandwiches maintain their dominant market position with a 34.32% share in 2024, demonstrating their enduring appeal across diverse consumer segments, from young professionals to families and senior citizens. The segment's sustained success stems from well-established operational processes that enable restaurants to deliver consistent quality while efficiently managing customer volumes during breakfast and lunch rushes, making them a reliable revenue generator for food service establishments.

Asian and Latin American dishes have emerged as the market's most dynamic product category, with projections indicating a substantial 8.30% CAGR from 2025 to 2030. This growth pattern reflects fundamental changes in consumer dining preferences, as customers, particularly millennials and Generation Z, actively incorporate international flavors into their daily food choices. The trend signifies a broader evolution in consumption patterns, with consumers demonstrating increased willingness to explore and embrace authentic global culinary offerings in their regular dining experiences.

Fast Food Market: Market Share by Product Type
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By Restaurant Type: QSR Dominance Faces Fast-Casual Challenge

Quick Service Restaurants maintain a dominant position with a 56.83% market share in 2024. This substantial market presence stems from their well-established operational efficiency and strategic price points, enabling them to effectively serve a broad consumer base that prioritizes affordable dining solutions. The segment's success reflects its ability to meet fundamental consumer needs through standardized processes and consistent service delivery.

Fast-Casual Restaurants are experiencing significant momentum, achieving a 7.98% CAGR by addressing evolving consumer preferences. These establishments attract customers who demonstrate increased willingness to invest in superior food quality and personalized menu selections. The segment's growth trajectory highlights a notable market transformation, where consumer value perception extends beyond basic sustenance to encompass enhanced dining experiences without compromising service efficiency. This evolution is exemplified by Chipotle's methodical international expansion strategy, which leverages strategic franchise partnerships to successfully adapt and scale its fast-casual business model across diverse global markets.

By Ordering Channel: Digital Transformation Reshapes Consumer Behavior

The fast food industry is experiencing a notable transformation in service delivery methods. Third-party delivery applications are growing at 8.26% CAGR, while traditional dine-in operations maintain a substantial 48.63% market share in 2024. This pattern demonstrates how consumers are adapting their dining preferences and expectations in response to technological advancements and convenience-focused solutions.

Fast food restaurants are adapting to these changes through multiple channels. First-party restaurant applications and websites enable businesses to maintain direct relationships with customers while securing higher profit margins compared to third-party platforms, though customer acquisition remains a significant cost factor. Regional and demographic factors influence ordering preferences, with younger consumers showing higher digital platform adoption rates while older customers maintain traditional ordering methods. In response to these market dynamics, restaurants are implementing AI-driven drive-thru systems and mobile ordering platforms as fundamental components of their operations.

By Outlet Type: Independent Operators Outpace Chain Growth

Independent outlets dominate the market with a 58.36% share in 2024, demonstrating remarkable growth at an 8.67% CAGR. These businesses have proven their ability to understand and respond to local market dynamics effectively. Their success stems from creating authentic dining experiences that resonate with customers who value personal connections and community engagement. Independent operators have shown particular strength in menu customization and rapid adaptation to evolving dietary preferences in their local markets.

Chain establishments maintain their competitive position through established advantages in operational infrastructure. They benefit from widespread brand recognition, standardized processes across locations, and significant purchasing power that enables consistent quality and competitive pricing. The franchise model has proven effective for expansion, allowing chains to combine corporate resources with local market expertise. While chains hold a technological edge through their capacity to invest in digital systems and loyalty programs, independent operators have found ways to bridge this gap by utilizing third-party platforms. However, independent businesses continue to face ongoing challenges in areas such as technology implementation, supply chain optimization, and marketing reach, where larger chains traditionally excel.

Fast Food Market: Market Share by Outlet Type
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Geography Analysis

The Asia-Pacific region dominates the global fast food market, contributing 38.74% of 2024 revenue. Urban centers drive this growth, where single-person households rely heavily on food delivery through integrated super-apps combining ride-sharing, grocery, and payment services. China's market has sustained double-digit annual revenue growth for over a decade, with former international chain employees establishing regional flavor-focused brands. 

The Middle East and Africa region demonstrates the highest growth potential with an 8.88% CAGR. GCC countries actively promote franchising through reduced foreign ownership restrictions and streamlined import procedures for branded ingredients, aiming to diversify their oil-dependent economies. Saudi Arabian cities have become global leaders in drive-thru density, while North African markets benefit from supermarket expansion, creating efficient distribution networks for frozen products. The informal sector in Africa continues to expand with numerous small food vendors, while established chains differentiate themselves through food safety standards and digital payment capabilities.
North America maintains its technological edge with 92% of major US chains offering in-app delivery tracking and augmented-reality menu displays to increase order values. However, California's USD 20 minimum wage has led to 10,700 job reductions in 2024 and increased automation. Europe demonstrates balanced growth, with France generating EUR 19 billion in 2023, while Eastern Europe attracts U.S. brands through master-franchise agreements. In South America, market consolidation continues as Brazil's three largest hamburger chains now control 45% market share, with companies implementing loyalty-based pricing strategies to maintain sales volume amid inflation volatility.

Fast Food Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The fast food market has low concentration, creating a fragmented environment where regional companies compete with global brands through local adaptation and operational flexibility. This fragmentation allows for innovation in menus, service models, and technology implementation while offering consumers various options across price points and cuisines. Companies focus on digital transformation, international growth, and operational improvements, with major chains investing in AI systems and loyalty programs to improve customer engagement and reduce costs.

The digital ordering segment shows the highest growth rate, prompting major chains to invest in technological improvements. The integration of AI systems and loyalty programs enhances customer engagement while reducing operational costs. McDonald's partnership with Google Cloud for AI-enabled drive-throughs and Wendy's automation of drive-thru operations demonstrate the industry's focus on digital transformation [3]Source: NACS, “McDonald’s Adds AI Tools to Restaurants,” convenience.org.

Health-focused menu segments and late-night dining categories present growth opportunities in underserved markets. New entrants, including virtual kitchens and plant-based alternatives, are addressing increasing consumer demand for healthy and sustainable options. While these segments show promise, consumer acceptance varies across different market regions.

Fast Food Industry Leaders

  1. McDonald's Corporation

  2. Starbucks Corporation

  3. Yum! Brands, Inc

  4. Restaurant Brands International Inc.

  5. Domino’s Pizza Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Fast Food Market
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Recent Industry Developments

  • March 2025: Taco Bell outlined plans to triple its international restaurant count from 1,100 to 3,000 locations by 2030, driven by new marketing strategies to increase brand awareness and customer engagement globally, with international system sales approaching USD 1 billion
  • March 2025: Wendy's announced expansion plans to open 1,000 new restaurants globally by 2028, with 70% of growth focused outside the U.S., adding nearly 300 foreign restaurants in the past three years and targeting 2,000 international locations within four years
  • August 2024: Popeyes reported expansion from over 500 international locations generating USD 300 million in annual sales in 2017 to nearly 1,300 locations with over USD 1 billion in systemwide sales, with same-store sales increasing 19.4% in Q2 2024

Table of Contents for Fast Food Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Online Ordering Platforms Expand Fast Food Accessibility and Reach
    • 4.2.2 Fast-Casual Formats Blend Speed with Higher-Quality, Customizable Meals
    • 4.2.3 Global Cuisine Offerings Attract Adventurous And Diverse Customer Bases
    • 4.2.4 Urban Lifestyles Increase Demand for Quick, Convenient Meal Solutions
    • 4.2.5 Late-Night Hours Cater to Non-Traditional Dining Patterns And Demand
    • 4.2.6 Franchise Models Enable Rapid Expansion and Consistent Brand Experience
  • 4.3 Market Restraints
    • 4.3.1 Health Concerns Over Fast Food’s Nutritional Value Deter Some Consumers
    • 4.3.2 Rising Regulatory Scrutiny On Ingredients, Labeling, and Food Safety
    • 4.3.3 Increased Consumer Demand For Natural, Minimally Processed Ingredients
    • 4.3.4 Environmental Concerns Over Packaging Waste and Carbon Footprint
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE and GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Burger
    • 5.1.2 Sandwich
    • 5.1.3 Meat Based Cuisines
    • 5.1.4 Asian and Latin American Cuisine
    • 5.1.5 Seafood
    • 5.1.6 Pasta and Noodles
    • 5.1.7 Pizza
    • 5.1.8 Desserts and Ice-cream
    • 5.1.9 Others
  • 5.2 By Restaurant Type
    • 5.2.1 Quick Service Restaurants (QSR)
    • 5.2.2 Fast-Casual Restaurants
    • 5.2.3 Food Trucks and Mobile Units
    • 5.2.4 Cafeterias and Buffets
    • 5.2.5 Kiosks and Vending
    • 5.2.6 Delivery-only Virtual Kitchens
  • 5.3 By Ordering Channel
    • 5.3.1 Dine-in
    • 5.3.2 Drive-thru/Take-away
    • 5.3.3 Third-party Delivery Apps
    • 5.3.4 First-party Brand Apps/Web
  • 5.4 By Outlet Type
    • 5.4.1 Independent Outlet
    • 5.4.2 Chain Outlet
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.1.4 Rest of North America
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 Italy
    • 5.5.2.4 France
    • 5.5.2.5 Spain
    • 5.5.2.6 Netherlands
    • 5.5.2.7 Poland
    • 5.5.2.8 Belgium
    • 5.5.2.9 Sweden
    • 5.5.2.10 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 Australia
    • 5.5.3.5 Indonesia
    • 5.5.3.6 South Korea
    • 5.5.3.7 Thailand
    • 5.5.3.8 Singapore
    • 5.5.3.9 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Colombia
    • 5.5.4.4 Chile
    • 5.5.4.5 Peru
    • 5.5.4.6 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 South Africa
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 United Arab Emirates
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Egypt
    • 5.5.5.6 Morocco
    • 5.5.5.7 Turkey
    • 5.5.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 McDonald's Corporation
    • 6.4.2 Starbucks Corporation
    • 6.4.3 Yum Brands, Inc
    • 6.4.4 Restaurant Brands International Inc.
    • 6.4.5 Domino's Pizza, Inc.
    • 6.4.6 Roark Capital Management, LLC
    • 6.4.7 Wendy's International, LLC
    • 6.4.8 Chipotle Mexican Grill, Inc.
    • 6.4.9 Papa John's International, Inc.
    • 6.4.10 CFA Properties Inc
    • 6.4.11 Jollibee Foods Corporation
    • 6.4.12 JAB Holding Company
    • 6.4.13 Panda Restaurant Group Inc
    • 6.4.14 Five Guys Enterprises LLC
    • 6.4.15 Ilitch Holdings Inc
    • 6.4.16 Greggs Plc
    • 6.4.17 Nando's Group Holdings Ltd
    • 6.4.18 CKE Restaurants Holdings Inc
    • 6.4.19 Krispy Kreme, Inc.
    • 6.4.20 International Dairy Queen Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Fast Food Market Report Scope

By Product Type
Burger
Sandwich
Meat Based Cuisines
Asian and Latin American Cuisine
Seafood
Pasta and Noodles
Pizza
Desserts and Ice-cream
Others
By Restaurant Type
Quick Service Restaurants (QSR)
Fast-Casual Restaurants
Food Trucks and Mobile Units
Cafeterias and Buffets
Kiosks and Vending
Delivery-only Virtual Kitchens
By Ordering Channel
Dine-in
Drive-thru/Take-away
Third-party Delivery Apps
First-party Brand Apps/Web
By Outlet Type
Independent Outlet
Chain Outlet
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Product Type Burger
Sandwich
Meat Based Cuisines
Asian and Latin American Cuisine
Seafood
Pasta and Noodles
Pizza
Desserts and Ice-cream
Others
By Restaurant Type Quick Service Restaurants (QSR)
Fast-Casual Restaurants
Food Trucks and Mobile Units
Cafeterias and Buffets
Kiosks and Vending
Delivery-only Virtual Kitchens
By Ordering Channel Dine-in
Drive-thru/Take-away
Third-party Delivery Apps
First-party Brand Apps/Web
By Outlet Type Independent Outlet
Chain Outlet
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current size of the fast food market?

The fast food market stands at USD 1.65 tillion in 2025, rising toward USD 2.39 tillion by 2030.

Which region leads the fast food market today?

Asia-Pacific holds the largest share at 38.74% thanks to a vast urban consumer base and rapid franchise roll-outs.

How important is digital ordering to future growth?

Digital channels already account for more than 85% of U.S. sales at leading chains and are projected to keep outpacing dine-in by delivering convenience and data-driven upsell opportunities.

Why are independents still relevant despite chain expansion?

Independents flex menu agility and local sourcing, enabling 8.67% CAGR growth that surpasses chains by catering to neighborhood tastes.

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