Revenue of medium and large-sized catering businesses in China 2019-2023, by segment

Published by Agne Blazyte, Nov 5, 2024

In 2023, sales revenue of full service restaurants in China with an annual revenue of two million yuan or above amounted to around 680 billion yuan, accounting for about 64 percent of total revenues of catering businesses above designated size. Food delivery services and beverage shops/bars displayed the highest sectoral growth rates in recent years.

Revenue of food service businesses above designated size in China from 2019 to 2023, by market segment (in billion yuan)

CharacteristicFull-service restaurantsFast food restaurantsBeverages and cold drinks shops and barsCatering distribution and food delivery servicesOther
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Showing entries 1 to 5 (5 entries in total)
Statistic: Revenue of food service businesses above designated size in China from 2019 to 2023, by market segment (in billion yuan)

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Release date

October 2024

Region

China

Survey time period

2019 to 2023

Supplementary notes

Catering businesses above designated size refers to catering businesses with annual revenue from their main business of two million yuan or above.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).

Figures for earlier years have been taken from previous publications.

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