Global fast food chain KFC is a subsidiary of Yum! Brands. In the 2023 financial year, KFC accounted for 29.9 thousand restaurants worldwide. This shows an increase over the previous year's total of 27.7 thousand.
KFC's history
KFC is a quick service chicken restaurant chain, founded by Harland Sanders commonly known as Colonel Sanders. The first restaurant was opened under the name Kentucky Fried Chicken in 1952 in Salt Lake City, Utah. The name was formally changed to KFC in the 1990s in an attempt to create a healthier brand image. Despite the restaurant chain’s efforts to appear healthier to consumers, KFC’s most famous dishes are still fried chicken based, such as their original recipe buckets, popcorn chicken and fried chicken wings. As of 2022, KFC operated in 149 countries across the globe.
Is KFC the largest QSR chain in the world?
KFC’s international expansion has helped it to become one of the most recognizable quick service restaurant brands in the world. Yet despite its solid performance year-over-year, it was unable to beat other leading QSR chains in the market. Still in the lead was McDonald’s which had an estimated brand value of around 196 billion U.S. dollars in 2022.
Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023
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Yum! Brands. (February 20, 2024). Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/
Yum! Brands. "Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023." Chart. February 20, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/
Yum! Brands. (2024). Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/
Yum! Brands. "Number of Kentucky Fried Chicken Restaurants Worldwide from 2010 to 2023." Statista, Statista Inc., 20 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/
Yum! Brands, Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/ (last visited September 20, 2024)
Number of Kentucky Fried Chicken restaurants worldwide from 2010 to 2023 [Graph], Yum! Brands, February 20, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/256793/kfc-restaurants-worldwide-by-geographic-region/