China Chain Catering Industry Report, 2010-2011-Published by ResearchInChina

Top Quote ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report -China Chain Catering Industry Report, 2010-2011. End Quote
  • (1888PressRelease) November 15, 2011 - In H1 2011, the revenue of catering industry of China totaled RMB957.93 billion, a 16.2% YoY rise; and the cumulated investments increased by 34.8% YoY to RMB164.273 billion, with an increase of 12.1 points in growth rate against the same period of last year.

    Among the top 100 Chinese catering companies during 2009-2010, only about 10% of them have no chain stores; of the rest 90% chain ones, on average, each boasts outlets in nearly 40 cities. In all, the chain stores (regular chain plus franchised stores) of the top 100 chain companies numbered close to 22,000.

    From 2008 till now, a total of 20 or more catering chain companies acquire VC/PE capital injection. Among these, 8 ones including Best-Food, Beijing Jiahe Yipin, South Memory and Golden Valley receive the fund investments in Renminbi. In July 2011, Apax Partners purchased Golden Jaguar at a price of USD250million, the record single investment ever with the largest figures in the industry.

    The report analytically probes into the status quo, industrial development environment and policies concerned, financing and investments, business operation and subdivided sectors of China's chain catering industry, in an attempt to explore the market potential and give an insight into the future priority during the industrial development.

    The report highlights 23 representative enterprises in the chain catering market of China, including 7 Chinese food chain companies, 6 hot-pot chain companies and 10 western food chain corporations.

    China Quanjude (Group) Co., Ltd: in H1 2011, the operating revenue hit RMB803 million; in 2010, four regular chains were opened, increasing its number of regular chains to 22; in 2011, it is scheduled to open one or two regular chains and three "three-in-one" chain companies, and to start four franchising enterprises, with the target number of outlets registering one hundred in 2013.

    Beijing Xiang'E Qing Co., Ltd: In 2010, the revenue from catering business made up 98.84%; in 2010, it reconstructed or expanded the outlets in Xidan, Southwest 4th Ring Road, North 4th Ring Road, Zhixinqiao Bridge, Wuhan, Dacheng Road; also, it took over or opened Shanghai outlets, Lhasa outlets, Nanjing outlets, etc in the same year. All the outlets aforementioned made contribution to its profit growth.

    Xi'an Catering Co., Ltd: In H 1 2011, the revenue reached RMB308 million; the company is projected to expand its market share in Xi'an from currently around 10% to 20% or so in the future. Moreover, it plans to open three or more large and medium-sized regular chains with the floor area of 2,000-8,000 m2 per year.

    Kungfu Catering now boasts nearly 400 regular chains (including the ones prepared to be constructed). It is scheduled to open 800-1,000 outlets in the following three years.

    For details of this report please visit:

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