Key Highlights
- Foodservice is defined as the total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.
- The Chinese foodservice industry recorded revenues of $878.62 billion in 2024, representing a compound annual growth rate (CAGR) of 1.3% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 2.2% between 2019 and 2024, reaching a total of 221.42 billion transactions in 2024.
- China accounted for 53.0% of the Asia-Pacific foodservice industry in 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the foodservice market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in China
- Leading company profiles reveal details of key foodservice market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China foodservice market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the China foodservice market by value in 2024?
- What will be the size of the China foodservice market in 2029?
- What factors are affecting the strength of competition in the China foodservice market?
- How has the market performed over the last five years?
- Who are the top competitors in China's foodservice market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Yum China Holdings Inc
- Pala Catering Management Co Ltd
- McDonald's Corp
- Starbucks Corp