Affected by the epidemic, the scale of China's catering industry declined in 2121. From October to October in 2121, the accumulated income of China's catering industry was 2,959.8 billion yuan, down 21% year-on-year. The operating income of the top 111 catering enterprises accounts for 7% of the national catering income. Although the concentration of the top 111 enterprises has increased, it is still low. The proportion of dinner is decreasing year by year. Japanese food, hot pot and western food are gradually increasing.

The scale of China's catering industry declined in 2121 due to the epidemic, and the concentration of the industry was low.

Since the reform and development, with the rapid development of China's economy and the continuous improvement of its production capacity and people's income level, China has gone from "having difficulty in eating" in the 1971s and 1981s to "having enough to eat" in the 1991s, and then to the constant pursuit of eating characteristics, eating health, eating nutrition, eating convenience and eating since the 21st century.

With the economic development, the catering industry in China has not only witnessed the improvement of people's living standards and consumption capacity, but also gradually become a pillar industry to expand domestic demand, promote sales, stabilize growth and benefit people's livelihood.

According to the data of National Bureau of Statistics, in recent years, the catering market in China has continued to grow, exceeding 2 trillion in 2111, 3 trillion in 2115 and 4 trillion in 2118, reaching 4.27 trillion, accounting for 4.7% of the national economic output value. In 2119, the revenue of catering industry was 4.7 trillion yuan, up 9.4% year-on-year.

although the growth rate has declined in recent years, it is still much higher than the GDP growth rate. Affected by the epidemic situation in COVID-19, the accumulated income of catering industry in China from October to October in 2121 was 2,959.8 billion yuan, down by 21% compared with the same period of last year.

The domestic catering market is scattered and the industry concentration is low. According to the data of "Analysis Report of Top 111 Catering Enterprises and Top 511 Catering Enterprises in China in 2119" issued by China Cuisine Association in June 2121, the total operating income of the top 111 catering enterprises in 2119 was 327.38 billion yuan, with a year-on-year growth rate of 9.6%.

The operating income of the top 111 catering enterprises accounts for 7% of the national catering income. Although the concentration of the top 111 enterprises has increased, it is still low. With the integration of resources in the catering market and the continuous expansion of catering enterprises, the polarization within the top 111 catering enterprises is still obvious.

The proportion of dinner is decreasing year by year, and other catering types occupy the market

From 2112 to 2119, the proportion of dinner in China has been the largest, but in recent years, with the diversification of the catering industry, the proportion of dinner has decreased year by year, but it is still the main force of catering. In 2119, the number of other restaurants increased rapidly, from 19.91% in 2118 to 49.65% in the whole industry, an increase of nearly 31 percentage points.

There are various kinds of catering in China, and other catering except dinner is increasing year by year. In the catering industry, dinner accounts for 42.39%, western casual dining accounts for 19.86%, hot pot accounts for 12.16%, group meals account for 11.35%, fast food accounts for 7.96%, and Japanese food accounts for 6.38%.

It is estimated that the market scale of catering industry will reach 7 trillion yuan in 2126

Although it was affected by the COVID-19 epidemic in 2121, the epidemic situation in China has been well controlled at present, and vaccines are being popularized. In the future, China's catering industry will continue to grow and become more diverse. Moreover, the brand development of China's catering industry will accelerate, low-carbon catering will become more popular, and the informationization of restaurants will accelerate the development of the catering industry. It is estimated that by 2126, the market size of China's catering industry will reach more than 711 billion yuan.

—— The above data and analysis are all from Foresight Industry Research Institute's China Catering Industry Development Prospect and Investment Forecast Analysis Report.