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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 | Sep 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
$108bn
Annual Growth 09-14
12.4%
Annual Growth 14-19
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Profit
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Employment ('000)
8,086
Businesses ('000)
2,088
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 $107.8 billion in 2014, up 9.7% from 2013. Over the five years through 2014, industry revenue has been growing at an annualized rate of 12.4%.

There are over 2.1.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry are low in the Fast-Food Restaurant industry in China, particularly for independent operators that do not utilize special equipment and that are small-scale.

Enterprises engaged in chain/multi-establishment operations meet slightly higher barriers to entry, including the need for higher technology and therefore equipment, investment in better eating environments, advertisement costs for brand establishment, increasing competition, and related factors. These, however, account for a relatively small number of total enterprises.

Entry to this industry can also occur through a franchise agreement. The number of franchisees has recently increased along with the improved legal framework... 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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