2016 Chain Catering Market in China

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Since 2013, Chinese catering firms have witnessed a contraction in terms of profit cut. From January to November, the revenue in the industry grew only by 9.0% year-on-year to RMB2.2913 trillion.

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2016 Chain Catering Market in China

  1. 1. China Chain Catering Industry Report, 2013-2016 by Research In China Explore all reports for “Food & Beverage” market @ http://www.chinamarketresearchreports.com/cat/f ood-beverage.html . © ChinaMarketResearchReports.com ; sales@chinamarketresearchreports.com ; +1 888 391 5441
  2. 2. China Chain Catering Industry Report, 2013-2016 The collection of ‘Food & Beverage’ market research reports has a new addition of “China Chain Catering Industry Report, 2013-2016”On chinamarketresearchreports.com . Against unfavorable factors such as slowdown in growth rates for domestic and overseas economies, in-depth implementation of a series of regulations like “Eight Requirements” and “Six Bans” issued by the Central Government, H7N9’s bird flu as well as evergrowing food safety issue, China catering industry encountered grave pressure, with the revenue in 2012 increasing by 13.6% year-on-year to RMB2.3448 trillion, touching the bottom in industrial growth rate since 1991. Likewise, the revenue of chain catering enterprises above designated size posted RMB128.3 billion, up 14.6% year-on-year. Since 2013, Chinese catering firms have witnessed a contraction in terms of profit cut. From January to November, the revenue in the industry grew only by 9.0% year-on-year to RMB2.2913 trillion. Inquire for a discount on this report @ http://www.chinamarketresearchreports.com/contacts/inquiry.php?na me=114690 . © ChinaMarketResearchReports.com ; sales@chinamarketresearchreports.com ; +1 888 391 5441
  3. 3. China Chain Catering Industry Report, 2013-2016 Under the influence of opposing extravagance and waste launched by the central government, a great many of catering enterprises saw great loss since many officials were no longer allowed to have lavish public banquets, which contributes in a large part to the drop in revenue of the high-end catering sector. Furthermore, the net income of major listed industrial players witnessed a drop in the main. A case in point was Xiangeqing, which posted a year-on-year drop of 375.4% when it comes to the net income in the first three quarters of 2013. A series of adverse situations such as ever-growing operation cost, declining profit and massive change in demand forces industrial players to seek for breakthroughs by means of transformation. For example, they glue their eye on family feast, gathering, wedding banquet and other popular markets. Besides, they present low-priced dishes and drinks to attract consumers. Complete report available @ http://www.chinamarketresearchreports.com/114690.html . © ChinaMarketResearchReports.com ; sales@chinamarketresearchreports.com ; +1 888 391 5441

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