This can be referred to the latest release of AiMedia Report丨2019 China Food and Beverage Industry Big Data Monitoring and New Business Models Research Report》,which mentions that:
China's food and beverage industry has formally entered a new era of 4 trillion yuan
iiMedia Research (iiMedia Consulting) data shows that China's catering revenue in 2018 was 427.16 billion yuan, an increase of 9.5% year-on-year, and the year-on-year growth rate of revenue (9.5%) was higher than the growth of total retail sales of consumer goods (9.0%) in the same period.In 2019, subject to the pressure of the U.S.-China trade war and other pressures, China's economy is still under pressure of the downturn, and the catering consumption will become an important force in the domestic consumer market, and the nation's catering revenue is expected to be more than 4.6 trillion yuan.
Chinese food and beverage type distribution was dominated by Chinese food in 2018
Survey data from the China Culinary Association showed that Chinese food is still the first choice of Chinese people in food and beverage consumption, occupying an absolutely dominant position. It is followed by casual and simple food and fast food.
From the point of view of subcategories, the number of formal meal consumption trips increased by 12.9% compared with 2017, and the pursuit of quality and diversification has become the mainstream choice; the hot pot industry continues to maintain a high growth rate, and Sichuan-style hot pot occupies a mainstream position in the market; in the barbecue industry, the age group of 26-35 years old has become the main consumer group; the number of snack food stores ranked first steadily, with a clear trend of quality upgrading; and the new tea drinks are growing at a rapid rate, with the number of stores The number of outlets has reached 410,000.