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Fast-Food Restaurants in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fast-Food Restaurants Market Research Report | Jan 2014

The Fast-Food Restaurants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$94bn
Annual Growth 08-13
13.0%
Annual Growth 13-18
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Profit
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Employment ('000)
7,701
Businesses ('000)
2,035
Industry Analysis & Industry Trends

In recent years, lifestyle changes and reduced leisure time have contributed to a consumer shift from traditional full-service restaurants toward fast-food establishments. In addition, increased Western influences in China and higher incomes have seen increased demand for fast-food. With the rapid development of fast-food service providers, improvements in chain store and franchising management, and new brands and food styles, industry growth has been very strong in the past decade.

ACMR-IBISWorld estimates that the Fast-Food Restaurant industry in China will generate revenue of $94.2 billion in 2013, up 8.0% from 2012. Over the past five years, industry revenue has been growing at an annualized rate of 13.0%.

There are over two million fast food restaurant locations (i.e.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The modern Fast-Food Restaurant industry in China is relatively new, though fast-food outlets have existed for hundreds of years. The modern industry started with the opening of the first KFC in 1987 and has been developing rapidly ever since.

Domestic and foreign enterprises are still entering the industry in large numbers. Existing players invest continuously in expanding their chain networks. KFC opens one new restaurant every day. McDonald's is following closely and will expand with new investment in drive-through restaurants. Dico's opens a new restaurant every three days and many other major players in the market are expanding rapidly... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fast-Food Restaurants Industry?

The Fast-Food Restaurant industry in China operates fast-food restaurants in which customers order items and, in most cases, pay before eating. Food and drinks may be consumed on premises, taken out or delivered to the customer. Food provided by this industry includes both Chinese and Western fast food.

Industry Products
Franchised and chain storesDumpling storesRice sets, quick-service and take-away outletsChinese-style noodles stores
 
Industry Activities
Quick-service restaurantsFast-food servicesTake-out facilities


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