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"China's market is so big" why should the restaurant industry be allowed to account for 4 trillion?

The Chinese market is so big that the restaurant industry can account for 4 trillion. First of all, the Chinese market is huge. Taking the catering industry as an example, China's current catering imports exceed $4 trillion, which is closely related to the employment of 20 million people.

After more than thirty years of development and market competition, the development of China's catering industry has entered a new stage of diversification of investment institutions, diversification of operations, chaining of business models and industrialization of industrial development. More optimistically it will continue. in 2016, the national catering revenue was 359.9 billion yuan, an increase of 386.3 billion yuan over 2015, and an increase of 10.8% over the previous year, a relatively fast growth rate. Affected by the national "three public" consumption policy of fine dining is still weak, whether it is the self-development of mass consumption, or the transformation of fine dining to mass consumption, the rate of mass consumption in the catering industry is increasing.

The increase in people's living standards has led to an increase in food consumption in China. In the future, China's catering industry towards mass consumption and informationization will enter a new stage of development. What is the net profit margin of the food industry? The net profit margin of catering industry is usually 8-10%. The "cost of food" in the catering industry is 20-30% (so our average cost of food is 25%) and the catering sales tax is 5.65%. Gross Margin = Turnover (100%) - Food Expense (25%) - Sales Tax (5.65%) = 69.35%.

Today, the market demand for the food industry is growing, and with the upgrading of consumption, the food industry is also upgrading. At the same time, the food and beverage industry is facing challenges from the new economy, new technology and new consumption. Intelligent catering is a trend today, and reducing labor costs and improving delivery efficiency are the most direct ways for companies to upgrade. Delivery robots can meet both requirements, thus saving labor and increasing efficiency. Therefore, there will be a large market for delivery robots in the catering market.