The global fast food QSR market size was worth around USD 300.12 billion in 2024 and is predicted to grow to around USD 498.26 billion by 2034
The global fast food Quick Service Restaurant (QSR) market Size was valued at approximately USD 300.12 billion in 2024 and is projected to reach around USD 498.26 billion by 2034, growing at a compound annual growth rate (CAGR) of 5.20% between 2025 and 2034.
The QSR market comprises restaurants that provide quick service, ready-to-eat meals, and limited table service. Popular segments include burgers, pizza, sandwiches, fried chicken, and Asian cuisine, catering to the growing demand for convenient, affordable, and fast meals.
Market expansion is being fueled by rapid urbanization, rising disposable incomes, changing lifestyles, and increasing penetration of digital ordering and delivery platforms. In addition, global QSR chains are innovating with healthier menu options, sustainable packaging, and technology-driven customer engagement.
Key Insights:
As per the analysis shared by our research analyst, the global fast food QSR market is estimated to grow annually at a CAGR of around 5.20% over the forecast period (2025-2034)
In terms of revenue, the global fast food QSR market size was valued at around USD 300.12 billion in 2024 and is projected to reach USD 498.26 billion by 2034.
The fast food QSR market is projected to grow at a significant rate due to the changing consumer lifestyle and urbanization.
Based on the service type, the dine-in segment is growing at a high rate and will continue to dominate the global market as per industry projections.
Based on the restaurant type, the chain segment is anticipated to command the largest market share.
Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.