The scale of China's catering industry declined in 2121 due to the epidemic

"Food is the most important thing for the people". 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 "difficulty in eating" in the 1971s and 1981s to "full eating" 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 the national bureau of statistics, in recent years, the catering market in China has been growing continuously, 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 COVID-19 epidemic, the cumulative income of catering industry in China from October to October in 2121 was 2,959.8 billion yuan, down 21% from the same period of last year.

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%.

—— For more data, please refer to Foresight Industry Research Institute's China Catering Industry Development Prospect and Investment Forecast Analysis Report.