Key Takeaways
- In 2023, the U.S. restaurant industry sales reached $1.1 trillion, representing a 9.2% increase from the previous year and accounting for 4% of the nation's GDP
- Global restaurant market size was valued at $3.36 trillion in 2022 and is projected to grow to $5.12 trillion by 2030 at a CAGR of 7.8%
- Fast food segment of the eating out market generated $347.5 billion in revenue in 2023 in the U.S., comprising 38% of total restaurant sales
- U.S. 37% of adults eat out at least once a week in 2023, per National Restaurant Association survey
- Globally, 56% of consumers eat out 1-3 times per month as of 2023
- In the UK, 62% of millennials dine out weekly in 2023
- Eating out meals contribute 34% of daily calories for U.S. adults, increasing obesity risk by 25%
- Frequent eating out linked to 51% higher sodium intake vs home-cooked meals per 2022 study
- 60% of restaurant meals exceed 1000 calories, vs USDA recommended 500-700 for dinner
- U.S. restaurant industry employed 15.9 million people in 2023, representing 9.7% of private workforce
- Global foodservice workforce numbered 120 million in 2023, per ILO estimates
- UK hospitality sector jobs reached 3.7 million in 2023, 10% of total employment
- 57% of U.S. diners prefer casual dining in 2023 surveys
- Millennials account for 45% of eating out spend globally in 2023
- 68% of U.S. parents with kids under 12 eat out family-style weekly
The global restaurant industry is booming, but frequent dining out raises serious health concerns.
Consumer Habits and Frequency
Consumer Habits and Frequency Interpretation
Demographics and Preferences
Demographics and Preferences Interpretation
Health and Nutrition
Health and Nutrition Interpretation
Industry and Employment
Industry and Employment Interpretation
Market Size and Revenue
Market Size and Revenue Interpretation
Sources & References
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