Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Fast Food Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Fast Food Market Grow Between 2024 and 2025?
The Fast Food Global Market Report 2025 indicates that the market size of the fast food industry has been experiencing consistent growth. It projected an increase from $645.2 billion in 2024 to $658.85 billion in 2025, with a compound annual growth rate (CAGR) of 2.1%.
How Much Will the Fast Food Market Be Worth in 2029?
The Fast Food Global Market Report projects that by 2029, the fast food market will expand to a size of $822.2 billion, with a Compound Annual Growth Rate (CAGR) of 5.7%.
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Which Fast Food Market Drivers Are Linked to Revenue Growth?
The key drivers in the fast food market are:
• Rising consumer expenditure on food
• Rapid industrialization leading to increasing accessibility
• Growth in young population demographic
• Rise in disposable income and overall economic growth
Which Segments Are Expected to Grow in the Fast Food Market?
The fast foodmarket covered in this report is segmented –
1) By Service Type: On-Premise, Delivery And Take Away
2) By Product: Seafood, Latin American Food, Chicken, Sandwich, Burger, Pasta, Other Products
3) By End-User: Quick-Service Restaurants, Fast-Casual Restaurants, Other End-Users
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What Are The Key Trends Impacting Growth In The Global Fast Food Market?
The key trends in the fast food market are:
• The introduction of plant-based options in the menu is becoming an emerging trend.
• The implementation of ghost kitchens is shaping the future of the fast food industry.
• The use of contactless ordering and payment systems is on the rise.
• Customized menus and healthier menu options are becoming more prominent industry trends.
Who Are the Key Competitors in the Global Fast Food Market?
Major players in the fast food market are:
• Auntie Anne's Inc.
• Cinnabon Franchisor SPV LLC
• Domino's Pizza Inc.
• Dunkin' Brands Group Inc.
• Hardee's Restaurants LLC
• Jack in the Box Inc.
• McDonald's Corporation
• Restaurant Brands International Inc.
• Yum! Brands Inc.
• Doctor's Associates Inc.
• CKE Restaurants Holdings Inc.
• Inspire Brands Inc.
• Chipotle Mexican Grill Inc.
• Subway SA
• Kentucky Fried Chicken
• Burger King Holdings
• Pizza Hut Inc.
• Taco Bell IP Holder LLC
• International Dairy Queen Inc.
• Arby's Restaurant Group Inc.
• Jimmy John's LLC
• Papa John's International Inc.
• Little Caesar Enterprises Inc.
• Sonic Drive-In Corp.
• Five Guys Enterprises LLC
• Chick-fil-A Inc.
• Popeyes Louisiana Kitchen Inc.
• Bojangles OpCo LLC.
• Whataburger Restaurants LLC
• In-N-Out Burger Inc.
• White Castle Corp.
• Checkers Drive-In Restaurants Inc.
Where Is the Fast Food Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the fast-food market in 2024
