Fast Food Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to fast food market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Fast Food Market News

in Fast Food Market

In May 2025, Lotteria, a leading South Korean fast food giant revealed its plans to enter the Philippines market as per the Department of Trade and Industry (DTI) of Philippines. Lotte GRS, the restaurant service arm of the Lotte Group has plans to open around 30 stores in the country over the coming 5 years.
In May 2025, Malak Al Tawouk, a renowned Lebanese fast food chain joined hands with Switch Foods to add vegan chicken items to its UAE menu. The move comes as popularity of vegan and plant-based diets rises in the UAE.
In April 2025, Wendy’s, a renowned American fast food chain announced the launch of its Korean Range of Burgers, Wraps, and Sides in India in collaboration with Rebel Foods. This launch made Wendy’s the first fast food chain to officially introduce Indian audiences to Korean taste.

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Global Fast Food Market Size was valued at USD 769.6 billion in 2023 and is poised to grow from USD 810.1 billion in 2024 to USD 1196.89 billion by 2032, growing at a CAGR of 5% during the forecast period (2025-2032).

McDonald's Corporation (United States), Yum! Brands, Inc. (United States), Restaurant Brands International Inc. (Canada), Starbucks Corporation (United States), Domino's Pizza, Inc. (United States), Chipotle Mexican Grill, Inc. (United States), Subway (United States), Dunkin' Brands Group, Inc. (United States), Wendy's Company (United States), Burger King (United States), Pizza Hut (United States), KFC (United States), Taco Bell (United States), Chick-fil-A, Inc. (United States), Papa John's International, Inc. (United States), Dairy Queen (United States), Arby's Restaurant Group, Inc. (United States), Jack in the Box Inc. (United States), Sonic Drive-In (United States), Hardee's (United States)

Franchising-led global expansion by fast food giants like McDonald's, KFC, and Domino’s drives market growth, especially in emerging regions with rising incomes and young populations.

Fast food brands are embracing sustainability through eco-friendly packaging, waste reduction, and energy-efficient practices to meet rising consumer and climate demands.

North America leads the global fast food market due to high consumer spending, strong brand loyalty, tech adoption, and a deeply rooted fast food culture.

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Fast Food Market Updates

Fast Food Market News

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