At eastphoenixau.com, we have collected a variety of information about restaurants, cafes, eateries, catering, etc. On the links below you can find all the data about China Restaurant Industry Trends you are interested in.
China Foodservice Restaurant Market is poised to grow at a CAGR of 7.4% by 2027. Increasing Demand for Vegan food and increasing demand for home delivery are major driving Factors of the Market.
Revenue of China’s restaurant sector reached 2.79 trillion yuan (US$445.5 billion) in 2014, up 9.7% from 2013, according to the latest data …
Find industry analysis, statistics, trends, data and forecasts on Full-Service Restaurants in China from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy …
The Independent Restaurant Coalition found that only 1 in 5 restaurant owners felt sure they could survive the pandemic. 56% of restaurant …
China’s restaurant industry is booming as young professionals stay hungry amid trade war, slowing economy | South China Morning Post China’s restaurant sector is enjoying breakneck...
According to an article by Boston Consulting Group, “Delivery’s market share jumped from 7% in 2019 to about 20% in 2020. Across the industry, digital ordering now …
Leading restaurant chains Consumer behavior Annual revenue of the Chinese catering sector 4.69tr CNY Market size of online food delivery 811.7bn CNY Estimated share of …
China made up the largest segment of the market in 2020 ($51.5 billion), growing by 28% year-over-year. And its 650 million delivery customers made up close to half of the global user base. In the U.S., online food delivery …
Let’s jump right in. Table of Contents 1. Online Ordering 2. From Fast Food to Fast-Casual 3. Shift to Health and Wellness 4. Vegetarian, Vegan, and Plant-Based Dining 5. Unique and Global Flavors 6. Sustainable Dining 7. …
4. The Return of Event Catering Brings Optimism. Many weddings, conferences, conventions and special events were postponed or canceled in the last two years, having a major impact on the …
With those evolving restaurant trends in mind, let’s take a closer look at the state of the industry at the beginning of 2022. On the financial side, sales growth is up, but rising …
With this in mind, we couldn’t wait any longer to share with you our predictions for the top ten F&B industry trends to watch for in 2022. 1. Plant-Based Meals Taking into account the changing …
Pork sales increased the fastest, more than 10 times over the previous year. In total, almost 15,000 tonnes of fresh food, 18,900 tonnes of rice, flour, and cereals, 5.9 million …
Meituan said, in Wuhan, 95% of customers are using the contactless service option. They also said contactless delivery has actually led to a shortage of couriers, reporting …
On average, the industry’s yearly turnover rates range from 100% to 130% (CNBC, 2019). Meanwhile, turnover costs, according to experts, are more than $2,000 per staff (Blackbox Intelligence, 2019). This made high employee …
Automation is having a huge impact on restaurant industry trends. 6. The future restaurant worker will need high digital and people skills This is one of the most important …
In 2020, hotpot - a beloved national cuisine in China - was the second main dining category in the country, accounting for almost one third of the market share of the restaurant …
It also details consumer preferences, and which trends are likely to stick. Key findings in this year’s report: The foodservice industry is forecast to reach $898B in sales in …
This creates a food industry in China with technologies and innovations. Smart kitchen electric devices are one of the best examples. As a record by JD, the total sales of …
The restaurant industry trends for 2022 are: Green kitchens focusing on environmental concerns Increased delivery options Self-serve options and automation Simplified menus Health …
4.5 Leading Cities in China with Respect to the Number of Visitors. 4.6 Investments (Real Estate, FDI, and Others) in the Hospitality Industry . 4.7 Technological Innovations in the Hospitality …
The biggest trends for the restaurant industry. #1. Contactless ordering and delivery is here to stay. From fine dining to fast food, contactless tech and food delivery may …
China’s food industry is rapidly changing. As its population continues to grow, foodservice operators have to meet new consumer demands as tastes are changing and …
Oct 31, 2022 (The Expresswire) -- Global “Restaurant Furniture Market” Research Report incorporates an in-depth analysis of current industry trends, leading growth factors, …
Among the top industry trends for restaurants is a change in ethnic preferences. Look out specifically for Pan Asian and Middle Eastern menus. Middle Eastern cuisine, the …
Keep Up with Restaurant Industry Trends and Changes . These five restaurant industry trends are already happening, and there are many more disruptions coming, like drone deliveries and …
2020 Restaurant Industry Trends 1. The Rise of Online Ordering According to the National Restaurant Association, three in five U.S. consumers order delivery or takeout at least once a week. Statista has pulled data that …
Projected annual sales in the restaurant industry are $863 billion – that’s 4% of the country’s gross domestic product. In 1955, the restaurant industry comprised 25% of the family food …
2021 Restaurant Industry Trends. From surveys of 6,000 restaurant operators and 1,000 consumers, we identified how restaurateurs demonstrated resiliency, innovation and …
China’s food and beverage (F&B) market is fast-growing. In 2021, revenue is expected to hit US$176bn which makes up 63% of the global F&B revenue. Looking ahead, the annual revenue …
So, what are the biggest consumer trends for China in 2022? China’s still growing consumer class is the engine for global growth. The growth of China’s middle class is well …
With regard to menus, in a study done by Wakefield Research, 92 percent of restaurant owners and managers are open to experimenting with their menus. The trend is to simplify menus. …
IBIS’ report estimates that the fast food industry in China will generate $177.6 billion in 2019, up almost 8 percent from 2018. KFC came to China in 1987 and ushered in the …
Focusing on the occupancy of Mainland China, we defined the recovery in three phases: Phase 1: From March 16; this is the very early stage where we saw some recovery, starting with a slight …
Here are the trends to look out for in the restaurant industry this year. Note: Data covers mentions in public forums and social media platforms between 1 January 2022 and 30 April 2022. 1. The …
Trends in fast food (FF) industry revenue growth and future projection in China between 1999 and 2030. (a) ... an increase of one indoor restaurant in the neighborhood was …
The restaurant industry includes a wide range of businesses, from high-end fine dining restaurants to more casual restaurants, such as fast-food restaurants. Regardless of the type, …
The most recent restaurant industry trends reveal that eating and drinking places registered total sales of $70.6 billion on a seasonally adjusted basis. ... According to recent …
Restaurant Trends in 2022. There will be an increasing shift toward digital preference in 2022, as consumer trends prioritize and expect experiences that are fast, personal, and super-efficient. …
The Full-Service Restaurants in China report includes: Analysis of key supply-side and demand trends. Detailed segmentation of international and local products. Historic volume and value …
Data from the NBS shows that, from January to March, the revenue of China's restaurant and food service industry reached 602.6 billion yuan, down 44.3% year on year. In March alone, the …
As it turns out, the fastest growing food sector in China is pretty small in size. China’s snack industry is expected to be worth 3 trillion RMB (444 billion USD) by 2020. As with …
Restaurants & Food Service. Deloitte's restaurant industry trends and food service industry insights explore pathways for helping clients fuse purpose with profit to drive growth and …
The US restaurant industry was worth $863 billion in 2019. The restaurant industry sales were $148.4 billion in 2019. The global foodservice market was worth $3.4 …
Industry market research reports, statistics, analysis, data, trends and forecasts. What is the market size of the Fast-Food Restaurants industry in China? IBISWorld's statistic shows that as …
In 2020, the restaurant industry’s projected worth was adjusted to $659 billion in sales from an initial projection of $899 billion.This loss of $240 billion was due to the COVID-19 …
Contactless Ordering And Delivery. Cashless ordering and payment methods, such as touchless payments and digital and QR code menus, will gain popularity. In 2021, over three-quarters of …
In the last 20 years, the U.S. restaurant industry has grown at a 2.1% CAGR (after accounting for inflation). Some segments, including retail stores and vending, drinking places, and limited …
We have collected data not only on China Restaurant Industry Trends, but also on many other restaurants, cafes, eateries.