date:Aug 16, 2012
th aspects
According to Mintels research, Chinas foreign fast food market has seen steady growth over the past 5 years, at a compound annual growth rate (CAGR) of 19 percent from 2006-11, reaching a market value of RMB 75.1 billion. This equates to 11.8 percent of the overall fast food sector. Mintel expects this sector to increase further, growing to RMB 171 billion by 2012 which is a growth of about 95 percent on the 2012 expected value. Chained and independent outlets are also forecast to inc