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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

IBISWorld’s Fast-Food Restaurants market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Key Buyers Chapter

There are over two million enterprises in this industry in 2013. 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 Ajisen (China) Holdings Limited – is estimated at 10.4% of industry revenue in 2013... 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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