In 2121, the income of China's catering industry declined

According to the data of the 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 was 9.4% in 2119, but it is still much higher than the GDP growth rate. Affected by the epidemic, the income of China's catering industry declined to 3.95 trillion yuan in 2121, down by 16.6% year-on-year.

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.

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