China-The Future of Foodservice to 2021

China-The Future of Foodservice to 2021


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  • Pages: 152
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Executive Summary

China-The Future of Foodservice to 2021

Summary

"China-The Future of Foodservice to 2021", published by GlobalData provides extensive insight and analysis of the Chinese Foodservice market over the next five years (2016-2021) and acts as a vital point of reference for operators or suppliers.

The Chinese profit foodservice sector grew at a CAGR of 5.7% between 2014 and 2016 to a value of cover CNY7,700 billion. Growth is forecast forward to 2021 at a CAGR of 5.5%, growing overall revenue in the sector to over CNY10,000 billion by 2021. The majority of revenue in the sector in 2016 can be attributed to full service, dine in focused operators. To 2021 an increased emphasis on convenience and a maturing market in tier 1 cities will encourage greater innovation in the sector: Increasing urban incomes and consumer awareness of the provenance of food is leading to an increased emphasis on health, especially at the upper end of the market. Technology is also increasingly playing a role in consumers decisions in foodservice.

The report includes-

Overview of China's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on China's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.

Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within China's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.

Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Chinese population.

Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Case Studies: Learn from examples of recent successes and failures within the Chinese foodservice market.

Scope

Technology is playing an increasing role in consumer's interaction with foodservice operators in China. Operators that have successfully leveraged platforms such as Tencent WeChat have enjoyed greater consumer loyalty, brand awareness and increased consumer spending.

Health is becoming an increasingly important factor governing consumer's choices in the foodservice sector. After repeated safety scandals, many consumers, especially wealthy parents are showing interest in the provenance of food.

Chinese consumers tastes have become increasingly sophisticated as incomes in the country continue to rise; there is clear demand for premiumized product options and a desire to try new flavors. Increased consumption of wine is a key example of a product category benefitting from this trend.

Reasons to buy

Specific forecasts of the foodservice market over the next five years (2016-2021) will give readers the ability to make informed business decisions through identifying emerging/declining markets.

Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.

Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within the Chinese foodservice market.



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Table of Contents

Introduction

Report Guide

Executive Summary

Macroeconomic Context

GDP and Consumer Price Index

Population and demographic highlights

Annual household income distribution

Introducing the Consumer Segments

Consumer segment profiles and key identification metrics

Segment engagement overview in four key profit sector channels

Profit Sector Metrics

Key metric highlights

Outlets and transactions growth by channel

Operator buying volumes and growth by channel

Channel historic and future growth dynamics

Outlet type and type of ownership growth dynamics

Profit Sector by Channel

Quick Service Restaurants (QSR)

Summary and key take-out

Metrics

Key players

Key consumers

Why?

What?

Where?

What next?

Full Service Restaurants (FSR)

Summary and key take-out

Metrics

Key players

Key consumers

Why?

What?

Where?

What next?

Coffee and Tea Shops

Summary and key take-out

Metrics

Key players

Key consumers

Why?

What?

Where?

What next?

Pubs, Clubs and Bars

Summary and key take-out

Metrics

Key consumers

Why?

What?

Where?

What next?

Cost Sector Metrics

Cost operator trends-historic and future growth

Data and channel share breakdown

Education

Metrics-growth dynamics and drivers

What next?

Healthcare

Metrics-growth dynamics and drivers

What next?

Military and Civil Defense

Metrics-growth dynamics and drivers

What next?

Welfare and Services

Metrics-growth dynamics and drivers

What next?

Appendix

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Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

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YumChina

McDonald's

Pala Catering Management

Hua Lai Shi

Suije Restaurant Group

Ting Hsin Group

Xiao Wei Yang

Xiao Nan Guo

Country Style Cooking

Beijing South Beauty

China Quanjude

Element Fresh

Starbucks

UBC Coffee

Zhejiang Liangan

RBT

Suzhou Dio

SPR Group

Shanghai Min

Little lamb

Pizza Hut

KFC

Dicos

Foodservice, China, QSR, quick, full, service, restaurant, FSR, experimentation, customization, ultra-convenience, convergence, value, outlets, transactions, premiumization, health, westernization, safety, discretion, technology, smartphone, alcohol, inequality, sophistication, maturity

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