About This Statistic
This statistic shows consumer spending in the quick service restaurant sector in the United States from 2004 to 2016. In 2015, the quick service restaurant sector generated 273.0 billion U.S. dollars in consumer spending.
Fast food industry in the U.S. - additional information
Quick service restaurants (QSRs) are fast food restaurants, set apart from full service or table restaurants by their limited menus, minimal table service and, as their name implies, fast service. Quick services restaurants are popular in the United States, and increasingly so – between 2004 and 2015, consumer spending in the QSR sector grew from 187 billion U.S. dollars to 273 billion. In 2015, there were 240,115 establishments within the industry in the U.S., each employing an average of 15.46 members of staff.
Despite the health implications associated with fast food, 20 percent of U.S. consumers visit fast food restaurants at least once a week, with six percent visiting daily. According to a YouGov survey carried out in August 2014, the U.S. consumer’s fast food restaurant of choice was chicken sandwich chain Chick-fil-A. Burger King, Arby’s, Chipotle and KFC rounded out the top five favorites. Not among the top five, but instead ranking seventh, was McDonald’s.
McDonald’s is the largest fast food company in the United States and worldwide, generating global revenues of more than 25 billion U.S. dollars in 2015. In 2015, the burger chain held a 17 percent share of the U.S. fast food market. The company’s closest competitor in terms of revenue was Subway, with 19.2 billion U.S. dollars, followed by Yum! Brands - parent company of Taco Bell, KFC, Pizza Hut and WingStreet.