1851

As chains expand their international footprints, the fast food industry is continuing to grow at exponential rates. According to an article on <a href="https://www.restaurantdive.com/news/global-fast-food-market-to-surpass-690b-by-2022/558740/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=global-fast-food-market-to-reach-690-billion-by-2022-2710523" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">RestaurantDive</a>, the global fast food market is expected to be worth more than $690 billion by the year 2022. <a href="http://www.globenewswire.com/news-release/2019/07/12/1882007/0/en/Global-Industry-Trends-in-Fast-Food-Market-Size-Share-Will-Surpass-USD-690-80-Billion-by-2022.html?culture=en-us&utm_source=1851franchise.com&utm_medium=article&utm_campaign=global-fast-food-market-to-reach-690-billion-by-2022-2710523" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Zion Market Research </a>reports that the industry is expected to experience a 4.7% compound annual growth rate from 2017 to 2022.&nbsp;

&ldquo;In addition to growth in sales from drive-thrus, the adoption of Western fast food in emerging economies is expected to help grow this market further,&rdquo; the article stated. &ldquo;More hectic lifestyles among dual-income households and an increased preference for cheap food with no waiting time also is expected to positively impact fast food growth.&rdquo;

Companies are also turning to new technologies to support faster service and efficiency. These improvements are expected to add to the growing industry as people become more accustomed to better customer experiences.&nbsp;

Although the U.S. industry is expected to reach saturation and slow down in 2020, the numbers are still mind-blowing. According to the article, nearly <a href="https://www.shopkick.com/partners/blog/the-fast-food-industry-growth-statistics-that-should-shape-your-advertising-strategies/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=global-fast-food-market-to-reach-690-billion-by-2022-2710523" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">half of all consumers</a> hit up a fast food restaurant at least once a week.

To read the full article, click <a href="https://www.restaurantdive.com/news/global-fast-food-market-to-surpass-690b-by-2022/558740/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=global-fast-food-market-to-reach-690-billion-by-2022-2710523" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.&nbsp;

Global Fast Food Market to Reach $690 Billion by 2022

1851 Franchise

Hectic lifestyles and shorter waiting times are expected to contribute to the rapid growth of the fast food industry.


global-fast-food-market-to-reach-690-billion-by-2022

Senior Care Authority

How This Senior Care Authority Franchisee Turned Love for His Grandparents Into a Lifelong Calling

how-this-senior-care-authority-franchisee-turned-love-for-his-grandparents-into-a-lifelong-calling

HomeTeam Inspection Service

Hometown News: Like Father, Like Son — Family-Run Inspection Business Blends Generations of Expertise and a Keen Eye for Detail

father-son-home-inspection-franchise-florida

KLA Schools

KLA Schools of Beachwalk Hosts Admissions Kick-Off Celebration

kla-schools-of-beachwalk-hosts-admissions-kick-off-celebration

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

Global Fast Food Market to Reach $690 Billion by 2022

MORE STORIES LIKE THIS