11 things about McDonald's that may surprise you - CBS News It acts as an alternative to home cooked food. 22 Jun. Name. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . The Top 500 highest-grossing restaurant chains recorded their best overall performance in five years in 2019. Published by Statista Research Department , Sep 29, 2014. 8 Tim Horton's ($6.6 Billions) Tim Hortons Inc is a Toronto-based company that has the distinction of being the largest fast-food chain in Canada. As of this date, McDonald has over 3,50,00 stores in more than 118 countries worldwide. It may not be the smoothest transition from a traditional dine-in set up at your local go-to restaurant . Number of Employees: 44,679 This largest single-brand restaurant chain and restaurant operator in the world has 26,880 outlets in the United States itself. Wendy's success seems even more staggering when its footprint is compared to Burger King's—the new second-place chain has thousands of locations fewer. All of the top ten fast food brands globally in 2020 have their roots in the United States. While the latter has slightly more locations - 18,703 to 17,020 - Domino's is dominant in terms of revenue. Fast food consumption has been steadily increasing in the world. CASE STUDY - MCDONALD'S McDonald's Corporation is the largest fast food chain restaurants around the world, serving around 68 million customers daily in 119 countries (pre-pandemic). Subway sandwiches are prepared fresh in front of consumers, tailored to their individual requirements. (Based on 2012 data provided by . According to this graphic, which goes through the start of 2019, the final top 10 are as follows: Subway (42,431) KFC is the second largest fast-food chain after McDonald's, with $2.49 billion annual revenue. Same-store sales declined 0.6 percent last year, hurt by lower revenue from Germany and Russia, according to the company's annual report. In 2019, Chick-fil-A was the third-largest restaurant chain in the US by sales, according to a recently . Kentucky Fried Chicken or KFC is the US multinational fast-food chain restaurant. A majority of fast food restaurants opened in China are privately owned (76% as of 2012). Wendy's. With its more than 6,500 outlets worldwide, Wendy's was as of 2017, the world's largest food chain, trailing McDonald's and Burger King. 10. Read More. 2020 Annual Revenue: $146.5 Billion . Many people see McDonald's as a food service company because it sells burger, salads, drinks or beverages and . McDonald's Corporation is an American fast-food company, founded in 1940 in San Bernardino, California, United States. Domestic Chinese fast food chains like Malan Noodle compete with large American franchises like KFC and have shown to still have a hold over 43% of the total fast food industry revenue in 2013. McDonald's is the world's largest fast-food restaurant chain and one of the best-known brand names. McDonald's Corporation is an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. KFC 3010 McDonald's 1017 Baskin-Robbins 705 Pizza Hut 517 Dunkin' 303 Burger King 253 Taco Bell 155 Domino's 13 Subway 6 Wendy's 4. The company has more than 39,000 locations in about 100 countries. The fast food chain wanted to increase brand awareness and sales for which it paid more attention to . Politics. McDonald's. McDonald's is one of the Biggest Fast Food Chains in the world. Which familiar chains have the most international units? 1971. Top 500. Founder:- John Schnatter. All of the top ten fast food brands globally in 2020 have their roots in the United States. Subway is the largest and the fastest-growing restaurant chains in the world with 42,998 restaurants in 112 countries and territories. Source: Public Domain. The fast food market size was valued at $647.7 billion in 2019 and is estimated to reach $931.7 billion by 2027, growing at a CAGR of 4.6% during the forecast period. This statistic shows the most popular global fast food chains in the United States as of August 2014. 8: Supercuts. In 2011, Best Western customized its slogan to 'the world's largest hotel family' from "the world's largest hotel chain". China is the largest market for KFC outside of the United States. But their menu actually isn't what generates the company's multi-billion . (Worldkings.org) McDonald's is considered as the world's largest fast food restaurant chain by revenue. QSR magazine, a trade publication for the fast food industry, has released this year's QSR 50 list of the biggest food chains in America, as ranked by revenues.The finding are not all that surprising. In just the last year, Wendy's has dethroned Burger King from its #2 spot, taking its place as the second-largest fast-food chain in America in terms of sales, according to Forbes. With more than 5,600 KFC stores in China, the country is the company's biggest market — even beating out the number of KFCs in the United States. This statistic shows the 10 most valuable fast food chains worldwide in 2019. McDonald's is the largest fast food chain in the world. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . While 2016 was a rough year for chain restaurants, more than half of the industry's $521.9 billion still comes from the Top 500 chains—and nearly 94% of those dollars and 93% of those units are represented in the Top 250. McDonald's. 38,695. Fast food is defined as food that is quick to prepare and serve. Number of locations. Billions Served. Comps declined 22 percent in the month and 3.4 percent in Q1. Global Fast Food Market Revenue, 2016-2022. Takeaway & Fast-Food Restaurants in the UK industry outlook (2021-2026) poll Average industry growth 2021-2026: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. The company is a subsidiary of 'Yum McDonald's restaurant is operated by a franchise, an affiliate, or the corporation itself. The chain primarily sells square hamburgers, chicken sandwiches, French fries and soft drinks. Many people see McDonald's as a food service company because it sells burger, salads, drinks or beverages and . Fast Food Chains Ranked, by Revenue In 2019, the 50 largest fast food chains in the U.S. generated over $200 billion in revenue. US$ 21.07 billion (2020) 2. It has a largest fast foods restaurant chain around the globe. Chain. The US might be associated most with fast food dining, but there's no shortage of fast food success in other countries. . KFC is the second world's largest food chain restaurant after McDonald's. According to an estimate, KFC has over 22,621 location points in more than 136 countries in 2018 across the world. With more than 36,000 restaurants in more than 100 countries, it's not difficult to find a McDonald's cheeseburger and fries when you travel. This is the list of the largest fast food restaurant chains by their number of locations in the world. Many people order online and some people directly visit the restaurant. The chain is also known for its lawsuits and its ridicule of other fast food chains. 10 Biggest Fast-Food Chains in the World. According to BrandZ in 2019, McDonald's is also the world's most valuable quick-service restaurant with a brand value of $130.37 billion. During the survey, 12 percent of respondents selected Chick-Fil-A, making it the most popular fast food chain in the U.S. Burger joints remain the most popular fast food option among consumers—14 of the 50 chains on the list are classified as burger restaurants, with $80 billion in collective sales. The 2021 online food delivery market worth is $151,526 billion. Revenue. This is a decrease compared to the previous year when the fast food industry reached a . Find out the 15 largest fast food companies in the world and support your local food chain! The 2021 online food delivery market worth is $151,526 billion. With Pizza Hut sitting at $1.15 billion, Domino's more than triples that figure with $3.62 billion in revenue. McDonald's is the world's largest fast-food chain by revenue, with nearly 40,000 stores. To be in the fast-food chain making the most money per store, you'll have to eat mor chikin . Fast food is defined as food that is quick to prepare and serve. Our list—ranked from lowest to highest in sales—is made up of popular restaurant chains with many locations nationwide (like Chick-fil-A, Burger King, and McDonald's) as well as regional restaurant chains (like Culver's, Zaxby's, and Wawa). Domino's. In the battle of the pizza chains, it is Domino's that comes out on top over Pizza Hut. The quick-service franchise has been serving coffee and doughnuts since 1964, when it was founded by a former pro hockey player named Tim Horton. Snacks come in at second place, with a total of $36 billion in revenue. Chiming in the second position is burger giant McDonald, trailing Subway by nearly 1000 fewer locations in the world. The company reportedly closed approximately 1,000 stores in 2019, continuing the trend of store closures over the recent years due to a decline in sales. KFC is the country's largest fast food chain . In a 2013 market breakdown of fast food brands in the United . Subway has its franchises in more than 86 countries of the world. The Top 10 Fast-Food Restaurants by Sales in America. Papa John's Pizza. This has earned them a position as the second-largest company in the world by revenue according to the Fortune 500 and the largest gas station chain in the United States. McDonald's is the 2 nd largest fast food chain in the world by revenue in 2020 with last year's revenue reaching USD 21.07 billion in 2019. Global fast food industry revenue will exceed $885 billion in 2021. Perhaps also unsurprisingly, all of the world's largest fast food chains are American. As noted in 2013, the fast food chain has annual revenue of $9 billion from its franchise outlets in 102 countries. Read more about the biggest fast food franchise in the world. Boasting a broad variety of foods from iced coffee to donuts and ice cream, six of the . Sandwich chain Subway comes second with 3,148 locations.. More fast food locations do not necessarily mean higher sales, as McDonald's and Starbucks earn more revenue than Subway.. This food chain has 35000 outlets in total across 119 countries. Here is a virtual tour of the world's top 10 biggest chain of fast food restaurants in the world, and get ready for a mouth watering experience: 10 Sonic Drive-In After a long run of success, the world's largest fast-food chain is floundering--and activist investors are circling. That shouldn't be too surprising, considering McDonald's is one of the largest fast-food chains in the world. Subway, one of the world's largest fast-food chains, reported $10.2bn in revenue in 2019, a 2% decline year-on-year. Papa John's is a famous fastest pizza delivery service in America. A quick look at the 15 largest, most popular and successful fast food chains in the world will show just how rapidly the industry is growing worldwide.Fast food chains are mushrooming everywhere . Chick-fil-A is inching closer to McDonald's title of the biggest fast-food chain in America. Love it or hate it, fast food is popular the world over. 11. Menu icon A vertical stack of three evenly spaced horizontal lines. Godfather's Pizza has had a wild ride. Starbucks: $13 billion in system-wide U.S. sales. Fast food is . Revenue - GBP 629 million. The top-earner in fast food felt the COVID strain early, like everyone else. Get Started At present, the popular doughnut joint has over . Read on to see if the results meet your expectations, and then discover what the 100 Most Popular Fast Food Items are at these nationwide chains. From 2016 to 2022 the Fast Food Industry CAGR is projected to average 4% per year. Globally, Subway operates over 43,000 stores, making it the world's largest QSR operator by a substantial margin. It was established in 1930. That's right: Chick-fil-A stores are the highest earners in the industry. Biggest Fast Food Chains in the World 1971 - 2019 (Stores) Replay. The fast food service industry's revenue amounted to a total of approximately 2.4 billion euros in 2020. The pioneer of fast pizza delivery and the "30 minutes or less" pizza delivery concept, this iconic pizza chain began when the Monaghan brothers started running a local pizzeria called "Dominick's". Revenue: $115 billion. The fast food industry earns millions and billions of dollars—enough reason why the biggest of the world's fast food chains have never looked back since then. Sales were up too, with those coming from fast food and takeaways growing by 20.6 percent in 2018, compared to a growth of just 7.2 percent for 'full service' restaurants, showing that our appetite for speedy snacks has never been greater. Pillsbury owned the company that, at one point, was the fastest-growing food chain in the United States in terms of sales growth, according to The New York Times. This annual report, in partnership with Technomic, highlights the data, trends and brands that defined the year. In 2014 IBISWorld market research estimated MCD held an 18.6 % of market share of the entire global fast food industry; Burger King in at just 4.6%. These are the largest fast-food chains by revenue in the United States, including all system-wide sales (which includes franchise sales) as reported by QSR Magazine: McDonald's: $37 billion in system-wide U.S. sales. 10 Best . Therefore unsurprisingly, the fast food industry is a global billion dollar industry. Chicken had a moment, tech made another leap and the biggest chains got bigger. . Which fast-food chains are the most popular in each state Cheapism reported on each state's most popular fast-food restaurant. Top 10 Largest Fast Food Chains in the World 2020, Top Fast Food Chains | Global Fast Food Industry Factsheet. Globally, the fast food industry generated $797.7 billion in revenue over 2021. Subway is privately held, owned, and operated by Doctors Associates Inc. It is one of the highest-grossing fast-food chains in the world. About the QSR 50/ QSR 50 is an annual ranking of limited-service restaurant companies by U.S. system-wide sales.QSR magazine collected information directly from restaurant companies from March to May 2020, and also partnered with FoodserviceResults, a research and consulting firm specializing in consumer research, data analysis, and insights to the . And Herman Cain served as Godfather's president at one point, too. Founded:- October 2, 1984. In the U.S., a strong start was enough to get sales in the black at 0.1 percent. In that year, the brand value of Starbucks amounted to 46 billion U.S. dollars. When smaller chains are also included, annual industry revenue tops a . 2. 1. McDonald's restaurant is operated by a franchise, an affiliate, or the corporation itself. The spread of fast food in China In 2020, the size of the Fast Food Industry was $636B and is projected to grow 4% in 2021. It is among the top McDonald's competitors founded in the 1930s by Colonel Harland David Sanders (September 9, 1890 - December 16, 1980), and it has 24,104 restaurants in 2019 within more than 120 countries. The fast-food industry's revenue is estimated to be about $200 billion in the U.S., more than one-third of the world's $570 billion. With only about 2,225 stores around the country making a $9 billion total, each one rakes in $4.1 million in a year. 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