15 Fastest-Growing Fast-Food Chains in the US

1. Starbucks

Units opened in 2022: 429

Starbucks is the biggest coffee chain in the world, but it plans to get bigger in the upcoming years. Starbucks aims to open 17,000 new locations worldwide by 2030, with plans to ultimately reach 55,000 locations globally, a significant increase from its current total of about 38,000.

In the United States alone, Starbucks is targeting a 4% net growth in new store openings for the 2024 fiscal year. With 16,352 locations currently in the U.S., achieving this growth would mean adding roughly 650 more locations by the end of the fiscal year. The company’s long-term goal for expansion in the United States is to reach 20,000 locations.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 15 Worst Steakhouse Chains in the US and Alternatives to Celsius Drink: 10 Best Energy Drinks.

Click to continue reading and find out about 5 Fastest-Growing Fast-Food Chains in the US.

Suggested Articles:

• 30 US Cities with the Highest Fast-Food Consumption
• 20 Biggest Snack Companies in the World
• 20 Most Food Insecure States in the US