The UK’s fast-food landscape is undergoing a significant transformation, with a notable surge in new restaurant openings in the first nine months of 2024.
Meaningful Vision reports a 2.8% growth in the total number of new fast-food restaurant openings among the 100 largest chains compared to the previous year.
Chicken chains have emerged as the primary growth driver, with a remarkable 7% increase in outlets. Ethnic fast food followed closely behind, with a nearly 7% growth rate.
Coffee shops experienced a 3.6% increase, fueled by popular chains.
Bakeries, sandwich shops, and burger chains maintained steady growth, while pizza delivery outlets saw a modest 0.4% growth.
Maria Vanifatova, CEO of Meaningful Vision, commented: “The number of new fast – food restaurant openings in the UK is experiencing substantial growth, particularly within the chicken segment. This trend is fueled by both established chains and emerging players. While the market is expanding, it’s crucial for businesses to carefully analyse regional dynamics and consumer preferences to capitalise on opportunities and mitigate risks.”
