Top 10 Foodservice Operators in the Profit Sector in China in 2021 by Operator Sales

Yum! Brands, Inc., Fujian Wallace Food Co., Ltd, McDonald's Corp, Starbucks Corp, and Shenzhen Meixixi Catering Management Co Ltd are the top 5 food service operators in the profit sector in China in 2021 by operating sales. Cumulatively, the food service operators in the profit sector in China reported operating sales of $39,218 million, the highest operating sales were generated by Yum! Brands, Inc. ($9,200 million), followed by Fujian Wallace Food Co., Ltd ($6,579 million) and, McDonald's Corp ($5,517 million), while the company Restaurant Brands International Inc with $1,476 million stood the lowest. The United States of America-based Yum! Brands, Inc. is the leading food service operator in the profit sector in China in 2021 by operator sales (FY2021). It is a global quick-service restaurant company. The company develops, operates, franchises, and licenses a global system of both traditional and non-traditional quick-service restaurants. It operates restaurants under the brand name KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands. The company generated revenue of $6,842 million with revenue growth of 3.91%. It employs 36,000 people. Fujian Wallace Food Co., Ltd, doing business as Wallace, previously as CNHLS, is a fast-food chain in China. Its head office is in Taijiang District, Fuzhou, Fujian. McDonald's Corp. is another leading food service operator in the profit sector in China in 2021 by operator sales (FY2021). The company operates and franchises McDonald’s restaurants that serve a locally relevant menu of food and beverages. The company reported revenue of $23,183 million for the fiscal year ended December 2022 (FY2022), a decrease of 0.17% over the previous year. McDonald’s classifies its operations into three geographic segments: the US, International Operated Markets, and International Developmental Licensed Markets & Corporate. It operates across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. It is headquartered in Chicago, Illinois, US. It employs 200,000 people.