Affected by the epidemic, the scale of my country's catering industry has declined in 2020. From January to October 2020, the cumulative revenue of China's catering industry was 2,959.8 billion yuan, a year-on-year decrease of 21%.
The operating revenue of the top 100 catering companies accounts for 7% of the national catering revenue. Although the concentration of the top 100 companies has increased, it is still low.
The proportion of dinner is decreasing year by year.
Japanese food, hot pot, Western food, etc. are gradually increasing.
The scale of my country's catering industry will decline in 2020 due to the impact of the epidemic, and the industry concentration is low. "Food is the first priority for the people." Since the reform and development, with the rapid development of China's economy, the continuous improvement of production capacity and people's income level, China has From the "difficulty of eating" in the 1990s to "eating full" in the 1990s, to the continuous pursuit of unique, healthy, nutritious, convenient, cultural and leisure eating in the 21st century.
Along with economic development, China's catering industry has not only become a witness to the improvement of people's living standards and consumption power, but has also gradually become a pillar industry for expanding domestic demand, promoting sales, stabilizing growth, and benefiting people's livelihood.
According to data from the National Bureau of Statistics, China's catering industry market has continued to grow in recent years, exceeding 2 trillion in 2011, 3 trillion in 2015, and 4 trillion in 2018, reaching 4.27 trillion, accounting for 10% of the national economic output.
4.7%.
The revenue of the catering industry in 2019 was 4.7 trillion, a year-on-year increase of 9.4%.
Although the growth rate has declined in recent years, it is still much higher than the GDP growth rate.
Affected by the COVID-19 epidemic, from January to October 2020, the cumulative revenue of China's catering industry was 2,959.8 billion yuan, a decrease of 21% from the same period last year.
The domestic catering market is relatively fragmented and the industry concentration is low.
According to the "2019 China's Top 100 Catering Enterprises and Top 500 Catering Stores Analysis Report" released by the China Cuisine Association in June 2020, in 2019, the total operating income of the top 100 catering enterprises was 327.38 billion yuan, with a year-on-year growth rate of 9.6%.
The operating revenue of the top 100 catering companies accounts for 7% of the national catering revenue. Although the concentration of the top 100 companies has increased, it is still low.
As the catering market integrates resources and catering companies continue to grow bigger and stronger, the internal polarization among the top 100 catering companies is still relatively obvious.
The proportion of formal meals is decreasing year by year, and other catering types occupy the market. From 2012 to 2019, formal meals have always accounted for the largest proportion of catering in my country. However, in recent years, with the diversification of the catering industry, the proportion of formal meals has declined year by year, but it is still the main force in catering.
The number of other restaurants increased rapidly in 2019, from 19.91% of the entire industry in 2018 to 49.65% of the entire industry, an increase of nearly 30 percentage points.
There are various types of catering in our country, and in addition to formal meals, other types of catering are increasing year by year.
In the catering industry, formal meals account for 42.39%, Western casual dining accounts for 19.86%, hot pot accounts for 12.06%, group meals account for 11.35%, fast food accounts for 7.96%, and Japanese food accounts for 6.38%.
It is expected that the market size of the catering industry will reach 7 trillion yuan in 2026. Although 2020 has been affected by the new crown epidemic, the epidemic in our country has been well controlled, and the vaccine is also in the process of popularization. In the future, my country's catering industry will continue to will grow and become more diverse.
Moreover, my country's catering industry brands will accelerate development, low-carbon catering will become more popular, and restaurant informatization will accelerate, which will help the development of the catering industry.
It is expected that by 2026, the market size of my country's catering industry will reach more than 7 trillion yuan.