In 2023, the market size of the quick service restaurant industry worldwide reached *** trillion U.S. dollars, representing a slight increase over the previous year. Quick service restaurants, also known as limited service or fast food restaurants, are establishments which typically serve food to customers quickly while having minimal table service.
What are the leading fast food restaurant chains worldwide?
As of 2024, ********* held the title of the highest-valued restaurant brand in the world. With a brand value exceeding ** billion U.S. dollars, it was nearly double that of the second most valuable brand, **********. In the ranking of the leading food and drink service chains by global sales, ********* was among the top three, generating over ** billion U.S. dollars. The company closely followed the UK-based food service leader, *****************.
Which country has the highest number of Starbucks locations?
In 2023, the country with the most Starbucks stores was *************************************, where there were over *********** locations. The coffee shop chain also had a significant presence in China and Korea. In the U.S., ********* was the coffee shop chain with the highest sales, generating approximately ** billion U.S. dollars more than its closest competitor, *******. Additionally, Starbucks enjoyed popularity among U.S. consumers, receiving an average American Customer Satisfaction Index (ACSI) score of *************.
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IBISWorld. (August 1, 2024). Market size of the quick service restaurant industry worldwide in 2022 and 2023 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. "Market size of the quick service restaurant industry worldwide in 2022 and 2023 (in trillion U.S. dollars)." Chart. August 1, 2024. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. (2024). Market size of the quick service restaurant industry worldwide in 2022 and 2023 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. "Market Size of The Quick Service Restaurant Industry Worldwide in 2022 and 2023 (in Trillion U.S. Dollars)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld, Market size of the quick service restaurant industry worldwide in 2022 and 2023 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/ (last visited July 05, 2025)
Market size of the quick service restaurant industry worldwide in 2022 and 2023 (in trillion U.S. dollars) [Graph], IBISWorld, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/