Chinese Fast Food Market Sees Intense Competition from Domestic and Global Chains
What happened
KFC operates nearly 14,000 restaurants across China, while McDonald’s has expanded to more than 7,700 outlets. Both chains face formidable competition from domestic companies that have adapted the Western fast-food model to local tastes. Tastien has established a network of approximately 10,000 restaurants, and Wallace has over 2,000 outlets.
From ckgsb.edu.cn
Why it matters
The Chinese fast food market has become one of the world's most competitive, having evolved from a novelty to a necessity. Global chains are continuing to expand aggressively while adapting their products and business models to meet local consumer demands.
From ckgsb.edu.cn
Who's involved
- KFCAmerican fast food chain operating nearly 14,000 outlets in China.
- Yum ChinaChinese fast-food restaurant chain that operates the KFC brand in China.
- Burger KingGlobal chain of hamburger fast food restaurants facing increased competitive pressure in China.
- Yum! BrandsAmerican fast food company that structurally owns KFC.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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KFC
American fast food restaurant chain specializing in fried chicken