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20 Fast Food Chains with the Most Locations in the World

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In this article, we will take a look at the top 20 fast-food chains with the most locations in the world. If you want to skip our detailed analysis of the global fast food industry, you can directly go to 5 Fast Food Chains with the Most Locations in the World.

In one of our previous articles, we looked at the 20 most popular fast-food restaurants in the world based on the number of countries the restaurants were present in. In this article, we will look at the total number of locations each fast-food chain has across the globe. Most fast-food chains listed in our article originate from the US and we will dig deeper into the global fast-food industry to understand how the US dominates this industry.

Key Trends in the Global Fast-Food Industry

According to a report by Precedence Research, the global fast-food industry was estimated to have reached a value of $700 billion in 2022. The market is expected to continue to grow at a compound annual growth rate (CAGR) of 3.70% from 2023 to 2032, reaching a value of $1 trillion by the end of the forecasted period. According to a report by IBIS World, in 2023 the global fast-food restaurant industry reached $978.4 billion.

North America, i.e. the United States and Canada, are the largest markets for fast food. The high levels of fast-food consumption in the United States are largely because major fast-food chains such as McDonald's, Subway, Starbucks, and many others, exist in large numbers and are preferred by the younger generation. An American family, on average, spends at least 10% of their annual income on fast food each year. Asia, Europe, and the Middle East are among the fast-growing markets for fast-f00d restaurants, after North America.

Fast food first became easily accessible through drive-thrus as a result of growing urbanization in US cities. In the last few years, accessibility to fast food has increased even more with the increase in digitization. E-commerce has led to the use of online fast-food delivery services by restaurants and cafes. Globalization and global distribution networks have made it far easier for fast food chains to set up franchises in other countries as well. These companies evolve and create a wider range of products that help them fit in new markets and broaden their customer base.

Some of the major fast-food chains in the world are Starbucks Corporation (NASDAQ:SBUX), McDonald's Corporation (NYSE:MCD), and KFC, owned by Yum! Brands, Inc. (NYSE:YUM). You can also take a look at 25 Most Popular Fast Food Restaurants in America and 13 Worst Rated Fast Food Restaurants in America According to Reddit.