Fast Food Market Size

Fast Food Market size was over USD 705.62 billion in 2024 and is projected to reach USD 1.38 trillion by 2037, witnessing around 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fast food is assessed at USD 735.54 billion. The major element responsible for the growth in the market revenue is the growing number of fast food restaurants. Currently, across the globe, there are around 536,825 fast food restaurants and this indicates a surge of about 0.3% in contrast to the year 2023.

Furthermore, consumer tastes and preferences are changing rapidly. As a result, key market players are launching various fast food items to satisfy the demand of consumers and increase sales. Also, they are opting for mergers and acquisitions to make their product reach a large number of end users.