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

Lawn Doctor

Happinest-Lawn-Doctor-Franchisee-Ralph-Valle-Profile-Jacksonville-FL-June-2025

From Near-Quit to 7 Figures: Success With Lawn Doctor in Jacksonville, Florida

lawn-doctor-franchise-success-jacksonville

Atomic Wings

Atomic Wings Debuts in Metro East With Fairview Heights Grand Opening

atomic-wings-debuts-in-metro-east-with-fairview-heights-grand-opening

Pet Wants

Pet Wants Shares Expert Tips on Cleaning Pet Gear Safely in the Dishwasher

pet-wants-shares-expert-tips-on-cleaning-pet-gear-safely-in-the-dishwasher

Griswold

Griswold in Andover, Minnesota, Connects Students and Seniors Through Pen Pal Program

griswold-in-andover-minnesota-connects-students-and-seniors-through-pen-pal-program

HomeTeam Inspection Service

Photo of HomeTeam Inspection Service franchisee Max Moarefdoust

Corporate Employee Turned Owner Illustrates the Power of the HomeTeam Model

max-moarefdoust-hometeam-success

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

Chick-fil-A Tops Customer Satisfaction Rankings for 11th Year as Challenger Brands Gain Ground

chick-fil-a-tops-customer-satisfaction-rankings-for-11th-year-as-challenger-brands-gain-ground

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

Rising Jobless Claims Could Signal Challenges — and Opportunities — for Franchising

rising-jobless-claims-affect-franchising

Hardee’s Lawsuit Highlights the Risk of Going Off-Model in Franchising

hardees-franchise-lawsuit-paradigm-investment-group

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise Built on Heart and Community

Global Fast Food Market to Reach $690 Billion by 2022

MORE STORIES LIKE THIS