Fast Food Market Share

North American Market Statistics

Fast food market for North America is proposed to gather 35% of the revenue share between 2024 and 2037. This market’s widening in this region can be attributed to an increasing disposable income, leading people to opt for fast food. United States disposable income rose to approximately 20708 USD Billion in February from about 20657 USD Billion gathered in January of 2024.

Furthermore, the trend of dual-working households has increased in this region, led by a surging need to maintain financial stability, as a result, most of the households prefer eating outside. In addition, there is the presence of major key players including Burger King, Subway, and more, offering growth opportunities for the market.

APAC Market Analysis

By the end of 2037, the Asia Pacific region’s fast food market is estimated to witness notable growth. The main factor to encourage the growth of the sector is the rising urban population in this region owing to which fast food is easily available in urban areas. Also, the production of organic vegetables is growing which has further influenced the demand for fast food.

The growing preference for online food delivery applications is stimulating market growth. This is because online platforms eliminate communication errors, and are also beneficial in takeaway restaurants in the course of peak hours.