Top 11 world's biggest fast food chains with a huge net worth
Top 11 world's biggest fast food chains with a huge net worth
Updated on August 20, 2022 16:22 PM by admin
For better or worse, fast food franchises are commonplace for those of us who call North America home. There's probably a Mickey D's nearby, whether you live in a big city or a little town in the middle of nowhere. While fast food has a reputation for increasing one's waistline, it's also typically a convenient and affordable option.
The aforementioned two explanations are just a fraction of the factors that have contributed to the fast food industry's success. Younger generations are still driving the industry forward due to high demand, therefore the fast food industry is still thriving globally. The fast food industry, which presently generates over 570 billion USD annually, is expected to grow at a CAGR of 5.1% by 2027.
The top 11 largest fast food chains in the world are driving this enormous expansion with continually rising revenues and market performance coupled with outstanding product sales. Some of the top fast food chains in the world noted for their distinctive branding and well-known menu items around the globe, are at the forefront of the rapidly expanding fast food sector.
Here is the world`s biggest fast-food chain with a huge net worth
McDonald`s ($130.3 billion)
Since its establishment in 1940, McDonald's has grown to be the best-known example of a fast-food success. Richard and Maurice McDonald, a brother-and-sister team who founded the company in 1979, undoubtedly had no idea that it would one day employ 1.7 million people, making it the second-largest employer in the world. McDonald`s is the first world`s biggest fast food brand. The Golden Arches, which serve as McDonald's logo, are recognized in well over a hundred nations today. There are over 37,855 McDonald's restaurants worldwide, and each day millions of hamburgers are served there. With an estimated value of $130.3 billion, Mickey D's is by far one of the most profitable quick-service brands available.
McDonald's earnings in 2019 were unchanged from those in 2018. In contrast to the prior year, revenues from company-operated restaurants fell 6% to $9.42 billion in 2019, while those from franchised restaurants increased 6% to $11.65 billion. The 5.9% increase in global comparable sales was partially offset by franchising in 2019.McDonald's, which has its global headquarters in Chicago, has about 39,000 restaurants spread across more than 100 nations. The majority (93%) of its eateries are franchised.
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Starbucks ($45.8 billion)
Starbucks was established in 1971, making it a relative newcomer in comparison to the majority of the other brands on our list. The second-most valuable quick service franchise ever formed, however, began as a relatively tiny coffee shop in Seattle, Washington. Targeting connoisseurs of high-quality coffee has proven to be a tremendous success for the upmarket brand. Starbucks is the second world`s biggest fast food in the world.
As of 2018, there were around 28,218 sites globally for the world's coffee king. Between 1987 and 2007, the business reportedly opened an average of 2 outlets per day. One of the numerous factors contributing to Starbucks' $45.8 billion valuation is its quick expansion.
The world's largest coffee company is promoting sales through its online mobile application to offset the effects of Covid-19. During fiscal 2021, the company's global comparable store sales are anticipated to increase between 18% to 23%. In 2021, Starbucks expects to expand globally by 1,100 net new locations.
Starbucks is the largest chain of coffee shops in the world, with 32,660 company-operated and licensed locations worldwide. It has been a leading specialty coffee roaster and retailer since 1971.
Yum China ($20.17 billion)
Revenues at Yum China climbed by 4.2% to $8.78 billion in 2019 from $8.42 billion in 2018. Restaurants owned and operated by the corporation generated $7.92 billion in revenue or 90.3% of the total.
9.13% of the total revenues came from franchise fees and income, franchisee and affiliate earnings, and other sources. In the third quarter of 2020, the firm recorded $2.35 billion in revenues, a 1% increase over the same period in 2019. This gain was aided by the purchase of Huang Ji Huang and the raising of the company's equity stake in Suzhou KFC to 72%.
Despite the epidemic, same-store sales decreased by 6% throughout the quarter. The company's digital initiatives and increased restaurant margins were the main drivers of the revenue recovery.
In the third quarter of 2020, digital sales via channels like delivery, mobile orders, and kiosk orders represented over 78% of the company's KFC and Pizza Hut operations' total revenues, up from 56% in the third quarter of 2019.
Delivery's percentage of sales at the company-owned KFC and Pizza Hut restaurants rose from 20% to 28% throughout the period. Yum China is the third world`s biggest fast food chain.
In the third quarter of 2020, the firm established 312 new stores, and more than 900 new stores are anticipated to open in 2020. In 2020, it intends to set aside $500 million to $550 million for capital expenses. A fast-food restaurant company called Yum China Holdings was separated from Yum! Brands in 2016. It holds exclusive rights to KFC, Pizza Hut, and Taco Bell in mainland China as a licensee of Yum! Brands.Add Block
KFC ($17.2 billion)
KFC, often known as Kentucky Fried Chicken, is the oldest company on our list. The first location of the well-known fried chicken franchise opened its doors in the little Kentucky town of North Corbin in 1930. It was initially known as Sanders Court & Café and was founded by Harland (sometimes known as Colonel) Sanders, who is still the brand's mascot today.
The small-town eatery has grown into the industry's most successful chicken chain, with more than 22,600 locations worldwide. With a net worth of over $17.2 billion, it is Yum! Brand's most valuable franchise. KFC is the famous and the fourth world`s biggest fast food.
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Subways ($17.1 billion)
In 1965, a coastal city in Connecticut named Bridgeport served as the birthplace of the Subway chain. For just $1,000, a man named Fred DeLuca started "Pete's Super Submarines," a sandwich eatery that would grow into the biggest sub chain ever.
The company advertises itself as a healthy alternative to conventional fast food options and is well-recognized for its distinctive footlong sandwiches. The sandwich manufacturer is the biggest single-brand restaurant chain in the world, with over 41,500 outlets. Additionally, it had a cool $17.1 billion in value, making Subway the fourth most valuable brand of its sort.
In addition, quick food restaurants like McDonald's, Jimmy John's, Panera, and Potbelly are becoming a bigger threat to Subway. To protect customer safety amid the ongoing pandemic, the fast food giant is providing curbside pick-up at selected restaurants.
The DeLuca family owns the international business, Subway, which has more than 40,000 locations across more than 100 nations. Sandwiches (subs), salads, wraps, sides, and beverages are all part of its menu. Subways are the fifth world`s biggest fast-food brand.
Dominos Pizza ($9.5 billion)
The brothers Tom and James Monoghan paid roughly $1400 for a small pizza restaurant called Dominick's in the city of Ypsilanti, Michigan, in 1960. They had no idea that the franchise would eventually become the most financially successful pizza brand ever established.
Dominos has grown to be nothing less than a pizza behemoth, known for its fast delivery times and enduring advertising figures like the Noid. Dominos is the world's biggest and most famous fast food brand.Add Block
Pizza Hut ($7.5 billion)
The first Pizza Hut was established in 1958 by brothers Dan and Frank Carney in Wichita, Kansas. The quick-service restaurant is well-known for its Italian-American fare, especially its pizza. Today, Yum! Brands, Inc. has a global business called The Hut. Additionally, the company is the owner of well-known brands like Taco Bell, KFC, and WingStreet.
With around 18,431 open restaurants as of late 2018, Pizza Hut is the largest pizza brand in existence in terms of physical presence. The Yum! subsidiary is estimated to be worth $7.5 billion, ranking it second only to our next entry in terms of the value of a pizza brand.Add Block
Burger King ($7.0 billion)
Burger King has established itself as one of the fast-food brands in the industry as the originator of the flame-broiled whopper. Insta-Burger King, its forerunner, was established in 1953 in Jacksonville, Florida. A year or so later, in Miami, the first "Insta-free" Burger King was established.
Over the years, the business has been able to attract a lot of attention with its slightly spooky "King" mascot and, more recently, its plant-based Impossible Whopper.
This reputation has helped the franchise grow into a major player with over 18,000 stores currently spread across the globe. BK is one of the world`s biggest fast food and best quick-service burger restaurants in the world, with a market value of $7 billion.
Tim Horton`s ($6.6 billion)
With its headquarters in Toronto, Tim Hortons Inc. holds the title of largest fast-food business in Canada. The quick-service chain was started in 1964 by Tim Horton, a former professional hockey player, and has been selling coffee and pastries ever since.Add Block
Chipotle ($6.2 billion)
It's simple to overlook the fact that Chipotle Mexican Grill, Inc. has only existed since 1993, or 26 years for those doing the math, given its prominence in the fast-food industry. Steve Ells, a graduate of the Culinary Institute of America, founded the business and established the first restaurant in Denver, Colorado.
The fast-casual brand has flourished and now has about 2,500 stores worldwide with the support of investors like McDonald's. Even popular European nations like France, the United Kingdom, and Germany may be expected to have Chipotle restaurants.
The overall market value of the publicly traded corporation is about $6.2 billion. According to the net worth, Chipotle is the tenth world`s biggest fast food brand.
Taco bell ($6.1 billion)
The first Taco Bell restaurant opened its doors in Downey, California, in 1962 under the ownership of a guy by the name of Glen Bell. The well-known franchise has since produced a famous talking chihuahua, the Doritos Locos Taco, and a tonne of inexpensive options for late-night eaters.
The well-known Mexican quick-service restaurant now has well over 7,000 sites across the globe. A Taco Bell restaurant can be found, among other places, in South America, the Middle East, and Russia.
This international fast-food success story has grown into a highly lucrative brand with an outstanding $6.1 billion market value. Taco bell is the last but not the least world`s biggest fast food brand.