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14 Οκτ 2024 · The China food service market size was USD 454.80 billion in 2022. The market is projected to grow from USD 504.52 billion in 2023 to USD 1,061.16 billion by 2030, exhibiting a CAGR of 11.21% during the forecast period. Foodservice outlets serve meals and snacks on-premise or take away.
The country research report on China food truck market is a customer intelligence and competitive study of the China market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the China market.
The food truck market size crossed USD 4.3 billion in 2023 and is projected to observe around 5% CAGR from 2024 to 2032, driven by the rising demand for convenient and diverse dining options.
The China Foodservice Market size is estimated at USD 560.11 billion in 2024, and is expected to reach USD 694.76 billion by 2029, growing at a CAGR of 4.40% during the forecast period (2024-2029).
The report also forecasts the Food Truck Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. What are the key driving factors for the Food Truck Market? The major factors driving the Food Truck Market are the increasing consumption of fast food and the rising trend of urbanization.
31 Οκτ 2023 · China Foodservice Market Report Overview. The China foodservice profit sector recorded value sales of CNY5.7 trillion ($841.6 billion) in 2022 and is forecast to record a CAGR of over 3% during 2022-2027. The following are some of the key highlights of the China foodservice market:
The global food trucks market size was valued at USD 3.93 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. A surge in gastronomy across the globe coupled with the rising preference of consumers between the age group.