---
title: "International Franchise Association Predicts Massive Year For Franchise Sales"
url: https://burnaze.com/article/63cf40c5-41be-464d-84c5-1e9ce56d0cc2
source: "1851 Franchise"
original_url: https://1851franchise.com/international-franchise-association-predicts-massive-year-for-franchise-sales-2715039
category: "Franchise Industry"
industry: "Franchise Industry"
published: 2021-02-18T21:16:45.000Z
modified: 2026-11-01T02:26:35.447Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/6dff8de52a962b06f1debd69ad401e804408.jpg
---

# International Franchise Association Predicts Massive Year For Franchise Sales

**TL;DR:** The International Franchise Association predicts 2021 will see 26,000 franchise units sold, a gain of more than 3.5% of total units. The industry is expected to see a 10% increase in workers and a 16.4% increase in franchise business output.

*originally published in 1851 Franchise on 2021-02-18. [Read the original](https://1851franchise.com/international-franchise-association-predicts-massive-year-for-franchise-sales-2715039).*

## Story

The International Franchise Association’s annual economic outlook predicts 2021 will see 26,000 franchise units sold, or a gain of more than 3.5% of total units, according to a report from CNBC.

The IFA partnered with FRANdata to forecast that the industry will see a 10% increase in workers, bringing the industry’s total to 8.3 million workers, mostly across the food, retail and services sectors.

The sector “will increase by 7% to $477.4 billion and franchise business output will jump 16.4% to $780 billion” CNBC reported the IFA as projecting. Last year, the franchising industry lost about 20,000 units and saw its employment level drop by 11.2%, according to the report.

1851 Franchise previously reported that conditions look extremely favorable for franchise sales in 2021 and beyond.

While the U.S. entered a recession following the COVID-19 pandemic, asset and home values stayed high. Simultaneously, many professionals in corporate America lost jobs. As a result, a surge of individuals with a decent sum of money to invest and time on their hands have been unleashed on the marketplace.

## Entities

- 1851 Franchise (publication)
- franchise growth (topic)
- Franchise Industry (sector)
- International Franchise Association (company)
- franchise sales (topic)
- FRANdata (company)
- industry outlook (topic)
- economic forecast (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/international-franchise-association-predicts-massive-year-for-franchise-sales-2715039). Summarized by Burnaze (https://burnaze.com/article/63cf40c5-41be-464d-84c5-1e9ce56d0cc2).
