Kfc industry analysis
QSRs will often have tables, but there’s only self-service. This model has run-of-the-mill food and limited menus. Examples include McDonald’s, KFC, and Taco Bell. Restaurant models fall into one of three categories:.Fast Casual vs Quick Service vs Casual Dining Then we’ll move right on to the hard-hitting stats. 85% of Americans eat from McDonald’s at least once a year.ĭid that whet your appetite? Then let’s dive right into the global and American fast food industry analysis.įirst, we’ll start with a short explanation of the three primary service models within the industry.McDonald’s was the world’s most valuable food brand in 2020.China is the largest market for KFC outside of the United States.The 2021 online food delivery market worth is $151,526 billion.All of the top ten fast food brands globally in 2020 have their roots in the United States.Global fast food industry revenue will exceed $885 billion in 2021.Yum Brands is currently worth $35.7 billion globally.The average primary meal portion size increased by 124% between 19.And the global waistline… But that’s a topic for another day.įor now, let’s concentrate on the fascinating fast food industry statistics: Fascinating Fast Food Industry Statistics (Editor’s Choice): With 897,683 businesses employing 14.2 million people around the globe, the fast food industry contributes significantly to the world economy. Especially when it comes to America.Īt $281.7 billion, the US market accounts for 32.7% of the global fast food revenue. Love it or hate it, hooked up or not, you certainly can’t ignore the global fast food industry. It’s cheap, convenient, and quick to obtain. But this type of food also fits perfectly in today’s modern lifestyle. Undoubtedly, the taste - so delicious thanks to additives high in sugar and fat, as well as artificial scents - is burgers’ main appeal. Hold onto your hats! That’s just a drop in the ocean of fast food industry statistics. Best Credit Cards for International Travelīest Credit Cards for People With Bad Creditīest Bad Credit Loans Guaranteed Approvalīest Monthly Installment Loans for Bad Creditīest Alternatives to No Credit Check Auto Loansīest Alternatives to No-Credit-Check Installment Loansīest Alternatives to No Credit Check Signature Loansīest Crypto Exchange & Bitcoin Trading PlatformsĪccording to Fast Food Nation, 44% of US survey respondents are addicted to fast food.