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China's pizza market set to hit 13.9 billion USD by 2030, driven by smaller cities and online sales.
China's pizza market is expected to reach over 100 billion yuan (13.9 billion USD) in the next five years, fueled by growth in smaller cities and increased demand for delivery and ready-to-eat options.
Between 2016 and 2022, pizza chains in lower-tier cities grew at 10% annually, outpacing first-tier cities.
An estimated 15,000 new stores are projected to open by 2027, with online sales now surpassing in-store purchases for the first time.
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El mercado de pizza de China alcanzará los 13.900 millones de dólares en 2030, impulsado por las ciudades más pequeñas y las ventas en línea.