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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 | Oct 2015

IBISWorld’s Fast-Food Restaurants market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$122bn
Annual Growth 10-15
11.6%
Annual Growth 15-20
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Profit
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Employment ('000)
8,475
Businesses ('000)
2,140
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 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 $121.7 billion in 2015, up 9.7% from 2014. Over the five years through 2015, industry revenue has been growing at an annualized rate of 11.6%.

There are about 2.2 million fast food restaurant locations (i.e.... purchase to read more

Industry Report - Industry Key Buyers Chapter

There are over two million enterprises in this industry in 2015. However, only an estimated 7,000 are the establishments of 130 large franchising or chain operators with revenue of over two million RMB ($244,200). ACMR-IBISWorld estimates that there are another 400-to-500 establishments operated by chain operators, with the remainder being independent stores.

The combined revenue share of the industry's four largest companies – Yum! Restaurants China (Pizza Hut and KFC), Beijing McDonald's Foods, Dico's Food Development, and Yonghe King – is estimated at 12.0% of industry revenue in 2015... 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 noodle stores
 
Industry Activities
Quick-service restaurantsFast-food servicesTake-out facilities


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