PUBLISHER: TechNavio | PRODUCT CODE: 1446233
PUBLISHER: TechNavio | PRODUCT CODE: 1446233
The chinese takeout market is forecasted to grow by USD 21.06 bn during 2023-2028, accelerating at a CAGR of 6.06% during the forecast period. The report on the chinese takeout market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of chinese cuisine, increasing social media marketing promoting chinese takeouts, and rapid urbanization and busy lifestyle demanding chinese food takeouts.
Technavio's chinese takeout market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.67% |
CAGR | 6.06% |
Incremental Value | $21.06bn |
By Type
By Product
By Geographical Landscape
This study identifies the increasing adoption of food platform-to-consumer delivery as one of the prime reasons driving the chinese takeout market growth during the next few years. Also, rise of ghost kitchens specializing in chinese cuisine and introduction of premium and gourmet chinese takeout options will lead to sizable demand in the market.
The report on the chinese takeout market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chinese takeout market vendors that include China Tang, City Wok, Din Tai Fung USA., GOUBULI RESTAURANT, Gourmet Express Chinese Food, Haidhongda Catering Management Co. Ltd., Imperial Treasure Restaurant Group Pte Ltd., Lao Sze Chuan, Leeann Chin Inc., MR CHOW, Mr. Chows, MTY Food Group Inc., Nom Wah, P.F. Changs China Bistro Inc., Panda Restaurant Group Inc., Park Chinois, Pei Wei Asian Diner LLC, Sichuan Impression, Tao Group Hospitality, The East, and Xian Famous Foods. Also, the chinese takeout market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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