Fast food restaurants (or quick service restaurants - QSRs) have changed the way Americans eat. While once the focus was merely on speed, or food served fast to fit with our busy lifestyles, today the QSR business is shifting again, as consumers demand higher quality ingredients and healthier options. While there is a fast food restaurant for just about any type of cuisine, what unites these businesses is a quest for each to offer speedy and uniform service, consistent quality and clean interiors.
Did You Know?
Revenue from fast food restaurants in the U.S. will grow by more than 2% each year through 2020.
SOURCE: SOURCE: Mazzone & Associates; IBISWorld; Capital IQ
Consumer spending in the fast food sector has grown every year since 2009.
SOURCE: SOURCE: Statista
In America, 1 in 5 consumers eat fast food several times a week.
SOURCE: SOURCE: Statista
Revenue from the fast food industry is expected to be $223.9 billion in 2020.
SOURCE: SOURCE: IBISWorld; Mazzone & Associates; Capital IQ
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