25 Most Popular Fast Food Restaurants in America

In This Article:

In this article, we will be covering the 25 most popular fast-food restaurants in America. If you want to skip our detailed analysis of the fast food and quick service restaurant market, you can go directly to the 5 Most Popular Fast Food Restaurants in America.

What's Trending in the Fast Food Industry?

According to a report by Fortune Business Insights, the global fast-food market was valued at $972.74 billion in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of 6.05% from 2022 to 2028 and reach a value of $1.46 trillion by the end of the forecasted period.

A myriad of factors contribute to the success of the fast-food industry, most significant is the demand for on-the-go convenience food and snacks. The fast-paced work and personal lives of people have drawn them to rely on ready-to-eat fast food that they can order at home or pick up from a drive-thru.

The expansion of e-commerce has significantly impacted the growth of the fast food industry. Access to the internet means that online ordering and food delivery services have increased people's reliance on fast food. These services enable consumers to fulfill their appetites without the hassle of going somewhere or interacting with others. Fast-food companies are rapidly creating their mobile applications, with easy interfaces that allow customers to order directly from their nearest location. These apps also offer discounts and other deals to their members. With multiple food service outlets near every housing region, fast food has become all the more accessible and hassle-free than home-cooked meals. You might also be interested in the 12 Most Expensive Restaurants In the World and 20 Most Popular Fast Food Restaurants in the World.

Over the past two decades, international fast-food chains have started expanding globally, increasing their profits and widening their customer base. Globalization and internet penetration help companies identify demand for their products and services in other regions across the globe. Fast-food companies allow local business owners to franchise their restaurants in foreign countries, therefore not only increasing their capital but improving the economy of the region. An increase in fast-food chains leads to more employment opportunities in the area. You can also take a look at the top 20 countries with highest fast food consumption.

Prominent Companies Dominating the Fast Food Industry

McDonald's Corporation (NYSE:MCD) is one of the largest fast-food companies in the world, with a presence in over 100 countries. The food service company continues to expand as it gives local business owners opportunities to open McDonald's franchises. On December 6, 2023, the McDonald's Corporation (NYSE:MCD) announced its new plans to further its 'Accelerating the Arches' strategy. Delivering since 2019, the Accelerating the Arches strategy plan has generated a 30% increase in sales. The main goals of the strategy are to target market maximization, commitment to core menu items, focusing on delivery, digital, drive-thru, and development. By 2027, McDonald's Corporation (NYSE:MCD) plans on targeting 50,000 restaurants, expanding loyalty programs, and using Google Cloud technology to improve customer care.