In recent years, the overall scale of China's catering industry has shown a growing trend. Statistics from the National Bureau of Statistics show that from 20 1 1 to 20 19, the year-on-year growth rate of China's catering revenue has been higher than that of the total retail sales of social consumer goods. In 20 19, the income of catering industry in China reached 4,672.070 billion yuan, up 9.38% year-on-year, accounting for 1 1.35% of the total retail sales of social consumer goods. In 2020, with the outbreak of COVID-19 epidemic, the daily operation of the catering industry was restricted, and the annual catering income decreased by about 15% compared with 20 19 years.

In 20021year, with the gradual control of the epidemic in COVID-19, the catering industry in China has recovered to the pre-epidemic level, and the industry income growth once again led the total retail sales of social consumer goods by 6. 1 percentage point, and the total income scale rebounded to 4,689.5 billion yuan.

Dinner accounts for more than half.

At present, China's catering industry can be divided into four categories according to the catering format, including dinner, fast food, leisure catering and others. Among them, fast food and leisure catering, as the supplementary fields of China catering industry's dinner market, have developed rapidly in recent years, and their forms are gradually diversified.

Specific to the composition of the catering industry, according to yost Sullivan's statistics, at present, the catering industry in China is still dominated by meals. Since 20 16, the proportion of the dinner market has remained above 50%; The proportion of fast food and leisure catering is about 20% and 10% respectively. By 20021year, the market share of the national New Year's Eve dinner will be 57.25%, ranking first; The market share of fast food and leisure catering is 23.39% and 12.53% respectively.

The scale of fast food market has exceeded one trillion yuan.

Specifically, dinner is a full-service catering format with heavy service and long consumption time. Generally speaking, it is only served at fixed lunch and dinner time, not all day. Judging from China's eating habits and consumption demand, the dominant position of dinner in China's catering industry is hard to shake.

Since 20 16, the scale of China dinner market has maintained a steady growth momentum, from 2.08 trillion yuan in 20 16 to 2.69 trillion yuan in 20 19. In 2020, affected by the epidemic, the development of the national New Year's Eve market was blocked. By 20021with the domestic epidemic situation gradually controlled, the scale of the national dinner market rebounded, once again exceeding 2.6 trillion yuan, increasing to 2,684.8 billion yuan, up 19.50% year-on-year.

Fast food is a limited service catering format with light service and short consumption time, which provides fast and consistent food and services, and usually has a customized platform specially designed for fast and efficient ordering, cooking and dining.

Since 20 16, the scale of fast food market in China has maintained a steady growth momentum. In 20 19, the market scale exceeded one trillion for the first time. In 2020, affected by the COVID-19 epidemic, the scale of the fast food market declined. By 20021with the gradual control of the domestic epidemic situation, the scale of the national fast food market rebounded, once again exceeding one trillion yuan, increasing to 1097 1 billion yuan, with a year-on-year increase of 17.54%.

-For more industry research and analysis, please refer to Foresight Industry Research Institute's China Catering Industry Development Prospect and Investment Forecast and Analysis Report.