We all love fast food, and it is this popularity that has spurred this apparent upstarter of an industry into a burgeoning, multi-billion dollar one. Let us take a look at some of the biggest fast food chains in the world:
With 33000 stores worldwide, this is, statistically, the largest fast food chain in the world. Serving thousands or region specific delicacies, subway has found its way into many parts of the world.
With only slightly fewer stores than subway, McDonald’s reportedly has 32000 stores. However, McDonald’s is a far more well-known franchise in more parts of the world than subway because it reached the remote parts much earlier. Also, McDonald’s was one of the original trendsetters in the fast-food industry and perhaps that is why it is much revered today.
With 16000 stores worldwide, KFC is credited as the original chain to have introduced the subcontinent and south Asia to Fast food. A traditional burger and chips outlet, KFC is a fast food franchise in its truest sense.
Breaking out from the traditional ‘burger and chips’ mould, the chain took the Italian delicacy and globalized it. Such has been the influence that it has spurned the rise of numerous other pizza companies all over the world. Number of stores amount to 13000 all over the world.
Not your traditional fast-food restaurant, it certainly doesn’t serve any fries. Yet, the chain has become one of the most well-known names all over the world. With almost 17000 outlets all over the world, Starbucks is truly cashing in on its popularity. However, it still is to reach many of the poorer countries of the world, and the reason behind that could be the exorbitant prices of the goodies that Starbucks sells.
You don’t sell 3 billion burgers annually unless you are a major global player. Burger King has 12000 outlets worldwide, and its recent expansion program brought it to countries like Pakistan, where it had no operations previously.
Another pizza-selling chain, it has almost 5000 international outlets.
With 10,000 outlets worldwide, Dunkin Donuts is a major player. It reportedly sells 2 million donuts a day. The business model is quite adventurous as Dunkin Donuts set up its outlets in parts of the world where others didn’t.
Fast becoming the America’s favorite fast food store, Taco Bell serves Mexican food to millions of its customers every day. With two billion servings of tacos annually, Taco Bell has tapped into enormous potential and plans to take full advantage, so much so that it has outlets even in India, which is a country quite far away from Mexico and a largely middle-class population.
Although seldom known outside the US, the pizzeria has revenue of $33 million annually. More importantly, it is currently expanding its operations by venturing out of US and setting up shop in other countries, but it might be difficult initially since most other major pizza players have a strong position in the international market.