As of August 2022, the current state and outlook for the restaurant industry is less than optimistic.
Halfway through 2022, the catering industry has become one of the most affected industries, with more than 80 district and county-level cities across the country in a state of constant closure and unable to dine-in at the May statistics, meaning that catering businesses in these cities may be close to zero in terms of revenue, while fixed-cost expenditures remain the same.
Trends in the catering industry in 2022
The epidemic has made consumers spend rationally, and many people say that the epidemic has affected the market, and that could be any other industry, with the catering industry being an exception. No one because of the epidemic does not eat, just eat the way and the concept of consumption has changed, the actual demand is still in, and is on the rise.
In short, the epidemic is not making people not eat, but to eat rationally. Small, asset-light stores are more tempting than other fancy stores when they offer hygienic and tasty food.
So in the wave of mass entrepreneurship, the catering industry is still a crowded track, because it is just demand, especially the epidemic makes this demand more prominent. Choose catering business, as long as you do the above three points, you can still make a lot of money in the epidemic.