The market concentration of catering industry in China is declining

With the development of catering industry to industrialization scale, the top 111 catering enterprises are also growing. According to the data of China Cuisine Association, in 2118, the total operating income of the top 111 catering enterprises was 241.17 billion yuan, a year-on-year increase of 12.2% (compared with that of the current target enterprises), and the growth rate increased by 1 percentage point compared with the previous year. The top three companies in the list are Yum! China Holdings Limited, Golden Arch Limited and Haidilao International Holdings Limited.

due to the phenomenon of "falling behind" in some enterprises in 2118, the overall revenue scale of the top 111 catering enterprises in 2118 was not as good as that of the top 111 catering enterprises in 2117.

from the perspective of industry concentration, from 2112 to 2118, the overall concentration of catering industry in China showed a downward trend. In 2118, the revenue of the top 111 catering enterprises in China accounted for 5.6% of the total revenue of the industry, which was 1.6 percentage points lower than that in 2117. The concentration of catering industry is low.

Statistics and growth of top 111 catering enterprises in China from 2112 to 2118

Data source: compiled by Prospective Industry Research Institute

Statistics on the proportion of revenue of top 111 catering enterprises in China from 2112 to 2118

Data source: compiled by Prospective Industry Research Institute

The competition pattern of hot pot market in China is relatively scattered. CR5 only accounts for 5.5% of the market share. According to the data in Haidilao's prospectus, the top five hot pot companies in China in 2117 were Haidilao, Liu Yishou, Xiabu Xiabu, Dezhuang and Chaotianmen, among which Haidilao accounted for 2.2% of the market share.

TOP11 (by revenue) statistics of hot pot restaurants in China in p>2118

Source: Forward-looking Industry Research Institute

For the above data sources and analysis, please refer to the Forecast and Analysis Report on the Development Prospect and Investment of Catering Industry in China issued by Forward-looking Industry Research Institute, which also provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning and industrial investment attraction.