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Fast Food Restaurants in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fast Food Restaurants Market Research Report | NAICS 72221a | Nov 2015

Good eats: Fast food restaurants will benefit as the economy continues to improve

IBISWorld’s Fast Food Restaurants market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$225bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
4,076,851
Businesses
199,680
Industry Analysis & Industry Trends

Over the past five years, the Fast Food Restaurants industry has struggled with consumer preferences moving away from unhealthy foods and a saturated food-service landscape that has kept prices low. In comparison with other operators in the hospitality sector, fast-food restaurants performed relatively well over the early half of the last five-year period due to their low price points and the extra convenience they offer. In the coming years, the industry is expected to be marginally better off as the domestic economy improves and consumers continue to seek convenient meal options. While no severe revenue declines are expected, fast food restaurants will continue to operate in a slow-growth environment as many segments of the industry have reached a saturation point... purchase to read more

Industry Report - Starting a New Business Chapter

Given the franchise component of the Fast Food Restaurants industry, the barriers are typically low, given that an operator can lease premises, equipment, furniture and fittings from the franchisor, which cuts down the initial capital costs. Also, franchisors provide training, food and beverages, and some financial and accounting functions for a proportional share of revenue from their franchisees. These provisions lower operational costs and can also minimize some risks, especially for inexperienced hospitality industry persons entering the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fast Food Restaurants Industry?

This industry comprises restaurants where patrons pay for quick-service food products before eating. Purchases may be consumed on-site, taken out or delivered. Gross revenue is derived from both franchised and company-owned stores. Franchise fees (up-front costs associated with opening a franchise) are accounted for in industry revenue. This industry excludes coffee and snack shops. Most industry establishments also sell beverages, such as water, juice and sodas, but usually not alcohol.

Industry Products
BurgersSandwichesMexicanPizza and PastaChickenAsian
 
Industry Activities
Operating quick-service restaurantsOperating fast food servicesOperating drive-thru and take-out facilities


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