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The Latin America fast food market size reached USD 66.61 Billion in 2024. The market is expected to grow at a CAGR of 5.60% between 2025 and 2034, reaching USD 114.86 Billion by 2034.
Base Year
Historical Year
Forecast Year
As per the McDonald's corporate report, the fast-food chain operated 2,566 restaurants in Latin America as of 2023.
As per the National Institute of Statistics and Censuses, spending on Hotels and Restaurants in Argentina in 2023 was ARS 12.1 billion.
As per Statistics Canada, consumer foodservice sales in Mexico totalled USD 50.3 billion in 2022.
Value in USD Billion
2025-2034
Latin America Fast Food Market Outlook
*this image is indicative*
The Latin America fast food market growth comes from available different product types such as burgers and sandwiches.
The Pizza/Pasta segment offers a variety of Italian dishes popular in Latin American countries such as Mexico and Argentina, including a range of pizzas from traditional Margheritas to gourmet creations topped with various unique ingredients. Additionally, there are pasta options such as the classic spaghetti, alfredo, or bolognese. This segment is often dominated by fast-food chains that provide both takeaway and dine-in options.
The fast food market in Latin America may witness growth due to rising spending on hotels and restaurants along with a growing focus on influencer and collaborative marketing in line with trending media and entertainment characters and scenes to leverage their popularity. As of July 2023, McDonald's in Brazil, as part of its ‘Barbie’ marketing strategy, released a combination menu with a bacon cheeseburger and smoky pink sauce, among other items.
The Burgers/Sandwiches segment makes up the ideal fast food experience. Burgers typically consist of grilled, fried, or baked patties settled between buns, accompanied by lettuce, onion, cheese, pickles, and condiments such as ketchup and mustard. Sandwiches also encompass a wide variety of options, from ham and cheese to gourmet paninis.
Latin America Fast Food Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Market Breakup by End Use:
Market Breakup by Country:
Quick-service restaurants lead growth in the fast-food market since they offer convenient and efficient dining options which may at times be characterised by self-service and drive-thru facilities. These places typically offer a menu of popular items such as burgers, fries, pizzas, and beverages which emphasizes speed and value for money.
Major market players are expanding their outreach through investments in digital infrastructure, sustainable options and social responsibility including reducing plastic waste in the fast food industry.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 66.61 Billion in 2024.
The market is projected to grow at a CAGR of 5.60% between 2025 and 2034.
The revenue generated from the fast-food market is expected to reach USD 114.86 Billion in 2034.
Based on product type, the fast-food market is split into pizza/pasta, burgers/sandwiches, Asian/Latin American food, and others.
The fast-food market key players are Domino's Pizza Inc., Yum! Brands, Inc., McDonald's Corp., Papa John's International, Inc., Subway IP LLC, Restaurant Brands International Inc., Inspire Brands, Inc., Focus Brands LLC, Wendy’s International, LLC and Little Caesar Enterprises, Inc., among others.
Based on the end use, the market is split between full-service restaurants, quick-service restaurants and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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