The market size of the quick service restaurant industry worldwide consistently increased in each year. In 2019, the sector was valued at approximately 875.26 billion U.S. dollars, reflecting an increase over the previous year's size of 862.58 billion U.S. dollars. However, as a result of the stay-at-home restrictions implemented across the globe to minimize the spread of the coronavirus, the sector was forecast to decline in 2020.
Market size of the quick service restaurant industry worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars)
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IBISWorld. (May 7, 2020). Market size of the quick service restaurant industry worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 10, 2021, from https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. "Market size of the quick service restaurant industry worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars)." Chart. May 7, 2020. Statista. Accessed April 10, 2021. https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. (2020). Market size of the quick service restaurant industry worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 10, 2021. https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld. "Market Size of The Quick Service Restaurant Industry Worldwide from 2011 to 2019, with a Forecast for 2020 and 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 May 2020, https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/
IBISWorld, Market size of the quick service restaurant industry worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1186194/fast-food-restaurant-industry-market-size-global/ (last visited April 10, 2021)