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-0.000525486074619105 0.000525486074618918 0.00170782974251176 0.00131371518654748 -0.00157645822385713 -0.00197057277982141 -0.00407251707829745 -0.0031897004729375
Stock impact report

China Restaurant Market Growth Propelled by Digital Transformation & Adoption of Western Fast Food [Yahoo! Finance]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Yahoo! Finance
and Trends with Impact of COVID-19 and Forecast up to 2029" report has been added to ResearchAndMarkets.com's offering. China's restaurant market value stood at US$625.21 billion in 2023, and is expected to reach US$939.32 billion by 2029. Transaction volume (dining frequency) of the Chinese restaurant market was 175.65 billion in 2023. Increasing integration of online food delivery platforms, growing interest in international and fusion cuisine, increasing company focus on digital marketing & branding, ongoing adoption of cutting-edge technology, and shifting emphasis on sustainability and responsible sourcing, will continue to boost the growth of China's restaurant market at a CAGR of 7.02% in the forecasted period of 2024-2029. Market Segmentation Analysis: By Type: Full-service restaurants is the largest segment of China restaurant market owing to rapid urbanization, rising demand for high-quality dining experience, widespread adoption of central kitchens, rising demand fo Show less Read more
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