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Subject:
Fast food consumption
Category: Miscellaneous Asked by: buckinghammike-ga List Price: $50.00 |
Posted:
09 Feb 2005 11:11 PST
Expires: 11 Mar 2005 11:11 PST Question ID: 471827 |
How many people ate at a fast food restaurant last year? I guess this would be total sales divided by check average. |
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Subject:
Re: Fast food consumption
Answered By: bobbie7-ga on 09 Feb 2005 13:07 PST Rated: ![]() |
Hello Buckinghammike, Using the data below, I calculated that 37,150,000,000 people ate at fast food restaurants. ================= Check Average - $4.00 ================= According to Anna Martin, Nutrition, Family and Consumer Sciences Advisor, at the University of California in a news release published in April 2004, ?the average cost for a family of four to have a fast food meal ( includes hamburger, fries and drink) is approximately $16.00.? That would be $4.00 per person. http://ucce.ucdavis.edu/files/filelibrary/2019/13993.pdf According to Dennis Lombardi, executive vice president at Chicago food-consulting firm Technomic Inc., ?Quick-casual customers spend about $6 to $8 per average check as opposed to fast food's $3 to $4 average check.? THE WALL STREET JOURNAL http://www.charleswarner.us/articles/wsjfastfood.htm ?The sweet spot to be in right now is to be in the ?quick serve? market, which will cost about $7 a ticket. At most fast food restaurants, your ticket is $4.? Team Clark Howard?s Consumer action Center http://clarkhoward.com/library/tips/food.html ============ Total Sales ============ According to Euromonitor, one of the leading providers of global consumer market intelligence, total fast food sales is $148.6 billion. Excerpt: ?The US market for fast food realized 2.6% growth in 2003 slightly down on the previous year's growth of 3.4%, reaching a value US$148.6 billion in 2003.? FAST FOOD: MARKET FORECASTS ?Over the 2004 to 2008 forecast period, the US fast food market is expected to increase in value by only 1.7% to reach approximately US$153.3 billion.? Euromonitor Plc: June 2004 http://www.euromonitor.com/Fast_food_in_USA_(mmp) "U.S. fast food market" billion Average fast food meal price Average price OR cost of a fast food meal Average check fat food I hope you find this information useful! Best regards, Bobbie7 | |
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buckinghammike-ga
rated this answer:![]() Thank you very much. I appreciate the speed of your response, plus the source data. I couldn't be happier. |
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Subject:
Re: Fast food consumption
From: geoman-ga on 09 Feb 2005 14:06 PST |
There are only 6.5 billion people in the whole world. The number estimated (37.15 billion) by Bobbie7-ga, although accurately calculated as requested by buckinghammike-ga, is the total number of fast food meals served, not the number of people that ate them. Most of these meals were eaten by repeat customers. Even if we take a conservative number of repeat visits into account (for example, say that the average person who eats fast food eats out 200 times a year), then there are only approximately 185.8 million people who ate fast food in 2004. It would be interesting to know how many individuals ate at a fast food restaurant last year. |
Subject:
Re: Fast food consumption
From: buckinghammike-ga on 09 Feb 2005 14:16 PST |
I realized that when I got your answer...so I divided the answer by 52 to make the number more digestable, and changed the time frame to weeks. Would it be accuate to the spirit of the statistic to suggest, "Americans ate 715 million meals from fast food chains last week?" |
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