China Food Service Market, Share, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

Name: China Food Service Market, Share, Size, Forecast 2024-2030
Creator: Renub Research
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Jan 2022

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China Food Service Market Outlook

China Food Service Market will reach US$ 914.09 Billion by 2027. China has the fastest-growing foodservice market in Asia. China per capita income in more than 10K and its growing year on year, so eating out is becoming a common norm. Besides, China is readily adapting to the development more quickly through a more diversified and comprehensive business scope and traditional food delivery methods reform. Remarkably, the market demand for food services is increasing since its citizens are looking for a more convenient life, which implies that the future will also have a broader food service market.

Chinese Foodservice Industry is expected to expand at a CAGR of 7.9% during 2021-2027:

Over the years, with the rapid economic growth and the continuous improvement of residents' income levels, the catering foodservice industry has developed rapidly and achieved a thriving scene in China. Notwithstanding, good consumption patterns in China have changed significantly with improved living standards. Further, Chinese consumers are increasingly discerning and seek the following qualities when making purchases: confidence in food safety and ingredients' integrity, high quality, excellent nutritional value, better lifestyle through a variety of food and beverages, modern packaging, freshness convenience.

Independent Food Service is dominantly widespread:

By Food Sector, there are numerous commercial and non-Commercial restaurants that are targeted initially at expatriates, rich and upper middle class which predominantly include Independent Food Service and Chinese Chained Food Service. As per our analysis, Independent Food services are dominantly widespread. Remarkably, many social occasions and family celebrations now take place in Chinese Chained Food Service restaurants, boosting traffic in the venues further expected to gain market share in the coming years. Moreover, the widespread trend of socializing in cafes among urban Millennial and, in general, the youngest part of the population is further fuelling the growth of the chained foodservice market.

Full-Service Restaurants holds Lion's Share:

By Restaurant Type, Full-Service Restaurants encompasses all sit-down establishments characterized by table service and a relatively higher quality of food than quick-service units, which seek attention from a large consumer base capturing lion’s share. Menus in these outlets offer multiple selections and may include breakfast, lunch, and dinner, adding to consumer preferences. Moreover, restaurants types catalogued in this segment refer to table-service only (wait staff attending customers and taking orders at the tables). It includes fine dining and casual dining restaurants. Food and drink sales are delivered to the consumer by an outlet employee or a third party.

The Light Meal, Fast Food, Snack, and Japanese Cuisine Gaining Momentum in the Industry:

By Food Type, we have studied Chinese Cuisine, Light Meal, Fast food, Snack, Western Cuisine, Japanese Cuisine, and other existing in the China foodservice industry. Remarkably, convenience food types such as light meals, fast food, snack, and Japanese cuisine are no longer considered a convenience, but they are most sought-after variants. Notwithstanding, time dedicated to meals is reduced, with a consequent increase in the consumption of snacks and pre-packaged products that can be consumed on any occasion are adding up to the market for the variants mentioned above. As per Renub Research Analysis, China Food Service Market Size was US$ 579.07 Billion in 2021.

COVID-19 Impact on China Foodservice Restaurant Market:

The foodservice segment has undergone a constant decrease in 2020 due to the pandemic. However, with the steady recovery from the pandemic, the Chinese millennial became more confident and felt safe to attend restaurants with proper precautionary measures. During a health and economic crisis, the purchase of local products is a highly significant element for Chinese consumers. Despite financial difficulties in numerous families, the quality of food products remained undisputed and preferred. Remarkably, during the lockdown, 100% home delivery had seen tremendous growth; however, as dine-out reopened, the situation returned to balance.

Competitive Landscape:

The Chinese foodservice industry is highly fragmented, with numerous players. Few players who hold a prominent market share are Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., Restaurant Brands International Inc., Tim Hortons, Jollibee Foods Corp., Ajisen (China) Holdings Limited, YUM! Brands Inc., China Quanjude (Group) Co. Ltd., Yoshinoya Holdings Co., Ltd. Remarkably, global players are expected to hold a prominent share, as there is an increased inclination toward pizza and other fast food.

Renub Research report titled “China Food Service Market Forecast By Type (Independent Food Service and Chained Food Service), Food Sector (Commercial and Non-Commercial), Food System (Centralized, Assembly Service, Ready-Prepared and Conventional), Food Type (Chinese’s Cuisine, Light Meal, Fast food, Snack, Western Cuisine, Japanese Cuisine and Other), Restaurants Type (Full-Service Restaurants, Self-service Restaurants, Fast Food Restaurant, Street Stall and Kiosk, Café and Bar and 100 % Home Deliveries), Company Analysis (Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., Restaurant Brands International Inc., Tim Hortons, Jollibee Foods Corp., Ajisen (China) Holdings Limited, YUM! Brands Inc., China Quanjude (Group) Co. Ltd., Yoshinoya Holdings Co., Ltd. )” provides an all-encompassing analysis on the Global Fertilizer Industry.

Type - China Food Service Market have been covered from 2 viewpoints:

1. Independent Food Service
2. Chained Food Service

Food Sector - China Food Service Market have been covered from 2 viewpoints:

1. Commercial
2. Non-Commercial

Food System - China Food Service Market have been covered from 4 viewpoints:

1.   Centralized
2.   Assembly Service
3.   Ready-Prepared
4.   Conventional

Food Type- China Food Service Market have been covered from 7 viewpoints:

1.   Chinese’s Cuisine
2.   Light Meal
3.   Fast food
4.   Snack
5.   Western Cuisine
6.   Japanese Cuisine
7.   Other

Restaurants Type- China Food Service Market have been covered from 6 viewpoints:

1.   Full-Service Restaurants
2.   Self-service Restaurants
3.   Fast Food Restaurant
4.   Street Stall and Kiosk
5.   Café and Bar
6.   100 % Home Deliveries

Company Insights:

•   Overview
•   Recent Development
•   Revenue

Key Players:

1.   Starbucks Corp.
2.   Papa John's International Inc.
3.   Domino's Pizza Inc.
4.   Restaurant Brands International Inc.
5.   Tim Hortons
6.   Jollibee Foods Corp.
7.   Ajisen (China) Holdings Limited
8.   YUM! Brands Inc.
9.   China Quanjude (Group) Co. Ltd.
10.   Yoshinoya Holdings Co., Ltd.

Report Details:

Report Features	Details
Base Year	2021
Historical Period	2016 - 2021
Forecast Period	2022-2027
Market	US$ Billion
Segment Covered	Type, Food Sector, Food System, Food Type, Restaurants Type
Companies Covered	Starbucks Corp., Papa John's International Inc., Domino's Pizza Inc., Restaurant Brands International Inc., Tim Hortons, Jollibee Foods Corp., Ajisen (China) Holdings Limited, YUM! Brands Inc., China Quanjude (Group) Co. Ltd., Yoshinoya Holdings Co., Ltd.
Customization Scope	20% Free Customization
Post-Sale Analyst Support	1 Year (52 Weeks)
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

Frequent Asked Question:

What is the market size of Foodservice Industry in China in 2021?
Who are the leading key players in Consumer Foodservice in China?
How are Independent Food Service and Chained Food Service operators competing and expanding in China?
How are consumer lifestyle trends and eating habits shaping Foodservice Industry in China?
How is the Consumer Foodservice industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?

1. Introduction

2. Research& Methodology
3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers
4.2 Challenges

5. China Food Service Market

6. Market Share – China Food Service

6.1   By Type
6.2   By Food Sector
6.3   By Food System
6.4   By Food Type
6.5   By Restaurants Type
6.6   By Channel

7. Type - China Food Service Market

7.1 Independent Food Service
7.2 Chained Food Service

8. Food Sector- China Food Service Market

8.1 Commercial
8.2 Non-Commercial

9. Food System - China Food Service Market

9.1   Centralized
9.2   Assembly Service
9.3   Ready-Prepared
9.4   Conventional

10. Food Type - China Food Service Market

10.1   Chinese’s Cuisine
10.2   Light Meal
10.3   Fast food
10.4   Snack
10.5   Western Cuisine
10.6   Japanese Cuisine
10.7   Other

11. Restaurants Type - China Food Service Market

11.1   Full-Service Restaurants
11.2   Self-service Restaurants
11.3   Fast Food Restaurant
11.4   Street Stall and Kiosk
11.5   Café and Bar
11.6   100 % Home Deliveries

12. Porters Five Forces

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13. Key Players

13.1 Starbucks Corp.

13.1.1   Overview
13.1.2   Recent Development
13.1.3   Revenue

13.2 Papa John's International Inc.

13.2.1   Overview
13.2.2   Recent Development
13.2.3   Revenue

13.3 Domino's Pizza Inc.

13.3.1   Overview
13.3.2   Recent Development
13.3.3   Revenue

13.4 Restaurant Brands International Inc.

13.4.1   Overview
13.4.2   Recent Development
13.4.3   Revenue

13.5 Tim Hortons

13.5.1   Overview
13.5.2   Recent Development
13.5.3   Revenue

13.6 Jollibee Foods Corp.

13.6.1   Overview
13.6.2   Recent Development
13.6.3   Revenue

13.7 Ajisen (China) Holdings Limited

13.7.1   Overview
13.7.2   Recent Development
13.7.3   Revenue

13.8 YUM! Brands Inc.

13.8.1   Overview
13.8.2   Recent Development
13.8.3   Revenue

13.9 China Quanjude (Group) Co. Ltd.

13.9.1   Overview
13.9.2   Recent Development
13.9.3   Revenue

13.10 Yoshinoya Holdings Co. Ltd.

13.10.1   Overview
13.10.2   Recent Development
13.10.3   Revenue

List Of Figures:

Figure-01:       China Food Service Market (Billion US$), 2016 – 2021
Figure-02:       Forecast for– China Food Service Market Market(Billion US$), 2022 – 2027
Figure-03:       Type – Independent Food Service Market(Billion US$), 2016 – 2021
Figure-04:       Type – Forecast for Independent Food Service Market(Billion US$), 2022 – 2027
Figure-05:       Type – Chained Food Service Market(Billion US$), 2016 – 2021
Figure-06:       Type – Forecast for Chained Food Service Market(Billion US$), 2022 – 2027
Figure-07:       Food Sector – Commercial Market(Billion US$), 2016 – 2021
Figure-08:       Food Sector – Forecast for Commercial Market(Billion US$), 2022 – 2027
Figure-09:       Food Sector – Non-Commercial Market(Billion US$), 2016 – 2021
Figure-10:       Food Sector – Forecast for Non-Commercial Market(Billion US$), 2022 – 2027
Figure-11:       Food System – Centralized Market(Billion US$), 2016 – 2021
Figure-12:       Food System – Forecast for Centralized Market(Billion US$), 2022 – 2027
Figure-13:       Food System – Assembly Service Market(Billion US$), 2016 – 2021
Figure-14:       Food System – Forecast for Assembly Service Market(Billion US$), 2022 – 2027
Figure-15:       Food System – Ready-Prepared Market(Billion US$), 2016 – 2021
Figure-16:       Food System – Forecast for Ready-Prepared Market(Billion US$), 2022 – 2027
Figure-17:       Food System – Conventional Market(Billion US$), 2016 – 2021
Figure-18:       Food System – Forecast for Conventional Market(Billion US$), 2022 – 2027
Figure-19:       Food Type – Chinese’s Cuisine Market(Billion US$), 2016 – 2021
Figure-20:       Food Type – Forecast for Chinese’s Cuisine Market(Billion US$), 2022 – 2027
Figure-21:       Food Type – Light Meal Market(Billion US$), 2016 – 2021
Figure-22:       Food Type – Forecast for Light Meal Market(Billion US$), 2022 – 2027
Figure-23:       Food Type – Fast food Market(Billion US$), 2016 – 2021
Figure-24:       Food Type – Forecast for Fast food Market(Billion US$), 2022 – 2027
Figure-25:       Food Type – Snack Market(Billion US$), 2016 – 2021
Figure-26:       Food Type – Forecast for Snack Market(Billion US$), 2022 – 2027
Figure-27:       Food Type – Western Cuisine Market(Billion US$), 2016 – 2021
Figure-28:       Food Type – Forecast for Western Cuisine Market(Billion US$), 2022 – 2027
Figure-29:       Food Type – Japanese Cuisine Market(Billion US$), 2016 – 2021
Figure-30:       Food Type – Forecast for Japanese Cuisine Market(Billion US$), 2022 – 2027
Figure-31:       Food Type – Other Market(Billion US$), 2016 – 2021
Figure-32:       Food Type – Forecast for Other Market(Billion US$), 2022 – 2027
Figure-33:       Restaurants Type – Full-Service Restaurants Market(Billion US$), 2016 – 2021
Figure-34:       Restaurants Type – Forecast for Full-Service Restaurants Market(Billion US$), 2022 – 2027
Figure-35:       Restaurants Type – Self-service Restaurants Market(Billion US$), 2016 – 2021
Figure-36:       Restaurants Type – Forecast for Self-service Restaurants Market(Billion US$), 2022 – 2027
Figure-37:       Restaurants Type – Fast Food Restaurant Market(Billion US$), 2016 – 2021
Figure-38:       Restaurants Type – Forecast for Fast Food Restaurant Market(Billion US$), 2022 – 2027
Figure-39:       Restaurants Type – Street Stall and Kiosk Market(Billion US$), 2016 – 2021
Figure-40:       Restaurants Type – Forecast for Street Stall and Kiosk Market(Billion US$), 2022 – 2027
Figure-41:       Restaurants Type – Café and Bar Market(Billion US$), 2016 – 2021
Figure-42:       Restaurants Type – Forecast for Café and Bar Market(Billion US$), 2022 – 2027
Figure-43:       Restaurants Type – 100 % Home Deliveries Market(Billion US$), 2016 – 2021
Figure-44:       Restaurants Type – Forecast for 100 % Home Deliveries Market(Billion US$), 2022 – 2027
Figure-45:       Starbucks Corp. –Global Revenue(Million US$), 2016 – 2021
Figure-46:       Starbucks Corp. – Forecast forGlobal Revenue(Million US$), 2022 – 2027
Figure-47:       Papa John's International Inc. –Global Revenue(Million US$), 2016 – 2021
Figure-48:       Papa John's International Inc. – Forecast forGlobal Revenue(Million US$), 2022 – 2027
Figure-49:       Domino's Pizza Inc. –Global Revenue(Million US$), 2016 – 2021
Figure-50:       Domino's Pizza Inc. – Forecast forGlobal Revenue(Million US$), 2022 – 2027
Figure-51:       Restaurant Brands International Inc. –Global Revenue(Million US$), 2016 – 2021
Figure-52:       Restaurant Brands International Inc. – Forecast forGlobal Revenue(Million US$), 2022 – 2027
Figure-53:       Tim Hortons –Global Revenue(Million US$), 2016 – 2021
Figure-54:       Tim Hortons – Forecast forGlobal Revenue(Million US$), 2022 – 2027

List Of Tables:

Table-01:       China – China Food Service Market Share by Type (Percent), 2018 – 2021
Table-02:       China – Forecast for China Food Service Market Share by Type (Percent), 2022 – 2027
Table-03:       China – China Food Service Market Share by Food Sector (Percent), 2018 – 2021
Table-04:       China – Forecast for China Food Service Market Share by Food Sector (Percent), 2022 – 2027
Table-05:       China – China Food Service Market Share by Food System (Percent), 2018 – 2021
Table-06:       China – Forecast for China Food Service Market Share by Food System (Percent), 2022 – 2027
Table-07:       China – China Food Service Market Share by Food Type (Percent), 2018 – 2021
Table-08:       China – Forecast for China Food Service Market Share by Food Type (Percent), 2022 – 2027
Table-09:       China – China Food Service Market Share by Restaurants Type (Percent), 2018 – 2021
Table-10:       China – Forecast for China Food Service Market Share by Restaurants Type (Percent), 2022 – 2027
Table-11:       China – China Food Service Market Share by Channel (Percent), 2020

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