Core Insights - The report titled "China - The Future of Foodservice to 2029" provides a comprehensive evaluation of the Chinese foodservice market, highlighting key issues affecting the industry [1]. Profit Sector Overview - The Chinese foodservice profit sector generated revenue of CNY6.4 trillion (approximately $896 billion) in 2024, with a CAGR of 2.1% from 2019 to 2024 [3]. - The number of transactions in the profit sector grew at a CAGR of 2.1%, while the outlet count increased at a CAGR of 0.9% during the same period [3]. - Full-Service Restaurants (FSR) accounted for the largest share of total sales in 2024 at 69%, followed by Quick-Service Restaurants (QSR) at 18.5% [3]. - The coffee & tea shop channel exhibited the highest CAGR of 6.8% from 2019 to 2024, driven by the growing coffee culture in China [3]. Future Projections (2024-2029) - The profit sector is expected to register a value CAGR of 1.5% from 2024 to 2029, with the number of transactions and outlets projected to grow at CAGRs of 0.5% and 0.3%, respectively [2]. - The leisure channel is anticipated to experience the highest value CAGR during this period, estimated at 4.9% [2]. Channel Analysis - The report categorizes foodservice channels into profit and cost sectors, with the profit sector including accommodation, leisure, restaurants, retail, travel, workplace, and pubs, clubs & bars [6]. - A detailed analysis of four key profit sector channels—QSR, FSR, coffee & tea shops, and pubs, clubs & bars—will be provided, focusing on performance metrics, consumer behavior, and key players [10]. Consumer Insights - The report includes consumer insights and analysis to understand prevailing trends and demands, supported by comprehensive market data [9]. - It will also cover consumer segmentation to identify the desires of known consumers across major foodservice channels [14]. Key Players - Major companies in the foodservice market include Yum! Brands, McDonald's, Starbucks, and Luckin Coffee, among others [14].