In this article, we will take a look at the 10 largest hamburger chains in the world. To skip our detailed analysis, you can go directly to see the 5 largest hamburger chains in the world.
Who doesn’t love a good burger? A perfectly grilled cake, a slice of melted cheese, some relish and toasted buns together with fries, even the thought will make most people’s mouths water. It is also one of the most convenient meals you can have; it doesn’t take much time to prepare, it’s easy to eat, and, of course, it’s much cheaper than most other meals. Add to that the fact that most people will love the taste of hamburgers, especially among the countless options we have now, and you have the perfect retail lunch.
While fast food is primarily considered American, the industry has a massive global presence. Fast food is available in more or less all countries of the world, and in most cities, except remote countries. While food purists may turn their noses up at fast food, its popularity cannot be understated, which is why it is on its way to becoming a trillion dollar industry. Currently, according to Food Business Insights, the fast-food industry is currently worth $972 billion and is expected to grow at a CAGR of 6.05% to jump to $1.4 trillion in 2028. The demand for fast food, and especially hamburgers, is also. it grows consistently due to the hectic life that most people lead, leaving little time to cook, or even spend time in restaurants to enjoy a relaxing meal. Instead, fast food allows you to have an efficient meal with little encounter. According to the USDA, in the last 10 years alone, quick service restaurants have grown by more than 20%, to 340,000 restaurants in 2015, with some states seeing growth greater than 30%, as demand continues to grow especially for younger people. generations.
Image by LordLucas from Pixabay
One of the threats faced by the fast-food industry is the increasing emphasis on the growth of obesity, especially in developed countries, with the demands for a healthier lifestyle increasing especially in last two decades. Many people avoid fast food altogether, except for perhaps cheat meals, and increase their consumption of healthier alternatives such as fruits and vegetables. While exercise is essential for health, overwhelming science says that controlling your diet is far more important than even exercise.
The other problem faced by the fast-food industry is people who avoid the consumption of meat for many reasons. While some avoid meat because they are against the killing and consumption of animals, some avoid everything related to animals such as milk and cheese. On the other hand, some people avoid meat consumption because its carbon footprint is quite large, especially compared to plant-based alternatives. Some companies have seen this as an opportunity, including Impossible Foods and Beyond Meat, Inc. (NASDAQ: BYND ), which pioneered plant-based patties that taste exactly like beef with only a fraction of meat’s carbon footprint. Restaurants are now partnering with these companies to provide vegan alternatives to increase their customer base (see 11 best fast food stocks to buy).
It is important and relevant to remember that the fast-food industry has also been greatly affected by the Covid-19 pandemic. As lockdowns have been enforced across the globe, resulting in billions trapped in their homes, sales of most fast food restaurants have declined significantly, resulting in the closure of many businesses and mass layoffs. Depending on the severity of the lockdowns, some cities and towns have completely closed restaurants, while others have allowed them to operate only for food delivery. A common thing in most of the blocks was that the dinner was completely closed and was resumed in phases once the situation improved with limited seating capacity. While operations are more or less business as usual now, many businesses are still feeling the impact that the previous 2.5 years have resulted in. On the other hand, many people have now developed a taste for online shipping, and the growth of this sector will take place. be a boost to the fast-food industry, as this allows the industry to grow its customer base.
Another problem facing not only the fast food industry, but the global economy is record inflation. Inflation has reached double digits in many countries, with some countries facing inflation of more than 40%. Even the United States almost reached double-digit figures in June, while the increase in interest rates led to fears of an imminent recession. This led to the strengthening of the US dollar to historical highs, which also affected many countries, especially developing economies, where a number of goods are imported and loans are taken out in dollars, which means that countries now have to pay a higher amount. due to the depreciation of their currencies. This mix of circumstances has resulted in a lower disposable income for most people around the globe, which is why many are now cutting back on unnecessary or frivolous expenses, chief among them eating out. Restaurants have also increased their prices, and especially in developing countries, many potential customers have been asked to be able to buy fast food items.
There is a difference between fast food and burger chains; all hamburger chains are fast food, but not all fast-foods are hamburger chains. Fast food includes food other than hamburgers, such as pizza, sandwiches, tacos, burritos and milkshakes among many others. Initially, we considered all the fast food chains with the most locations and then filtered the fast food whose claim to fame was pizza, sandwiches, donuts or other fast food. While we have tried to rank the largest hamburger chains in the world based on number of locations and revenue, some of these brands are owned by private companies and therefore do not disclose brand revenue. Therefore, the ranking of the largest hamburger chains in the world was based on the number of locations that each hamburger chain has in the world, based on its website or annual report. So, without further ado, let’s take a look at the burger chains you’re most likely to stop by for a quick bite of a delicious burger, starting with number 10:
10. Jack in the Box Inc. (NASDAQ: JACK)
Number of locations in the world: 2,218
We share our list with Jack in the Box Inc. (NASDAQ: JACK ), which is the only burger chain on our list with fewer than 3,000 locations. To be among the largest burger chains in the world, it is enough to maintain a strong presence in the United States, as evidenced by Jack in the Box Inc. (NASDAQ: JACK), which operates only in the United States and Guam. Jack in the Box Inc. (NASDAQ: JACK) recorded revenues of more than $1 billion in 2020, while employing more than 5,000 people across all locations. While Jack in the Box Inc. (NASDAQ: JACK) primarily serves the West Coast, maintaining a strong presence in major metropolitan areas outside of the West Coast.
Number of locations in the world: 3,405
While primarily known for their sandwiches, Arby’s also has some really popular burgers on their menu, including the introduction of premium burgers made from Wagyu beef. Arby’s is owned by Inspire Brands, which also owns some of the other burger chains on our list, in addition to other popular fast food chains like Dunkin’ Donuts, Baskin-Robbins, Rusty Taco and Mister Donut among the others. In addition to the United States, Arby’s has a presence in six countries: Mexico, Canada, Egypt, South Korea, Turkey and Yemen.
Number of locations in the world: 3,451
Popeyes is one of the largest brands of Restaurant Brands International Inc. (NYSE: QSR), with more than 3,400 locations worldwide. Unlike Jack in the Box Inc. (NASDAQ: JACK), Popeyes has locations worldwide in more than 46 states in the United States, with a presence in more than 30 countries. Most Popeye’s locations are franchised, with only 50 restaurants owned by the company. Popeyes was bought for $1.8 billion by Restaurant Brands International Inc. (NYSE: QSR ) in 2017, with Restaurant Brands International Inc. (NYSE: QSR ) will buy the company at $79 per share.
7. Sonic Drive-In
Number of locations in the world: 3,551
Sonic Drive-In is another brand owned by Inspire Brands, and is considered one of the largest burger chains in the world. Sonic Drive-In is only present in the United States, and is famous for using carhops on roller skates. Sonic Drive-In has more than 5,000 employees.
Number of locations worldwide: 3,900
Most recently owned by Roark Capital Group, Hardee’s was purchased by CKE Restaurants Holding, Inc. for $327 million in 1997. Established in the 1960s, Hardee’s first restaurant was opened in North Carolina, before opening its 2000 location in the 1980s.
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Disclosure: None. 10 Biggest Burger Chains in the World was originally published on Insider Monkey.