餐饮行业深度报告:中式快餐新纪元 老乡鸡引领新中式风潮

长江证券股份有...
Oct 24

餐饮行业:餐饮市场的周期与分化2024 年开始,社零餐饮收入总额同比增速持续在低位,限额以上企业餐饮压力更大,部分月份收入总额同比转负;进入2025 年后,社零餐饮收入同比增速回升,整体行业维持稳健增长,但由于国内商务活动减少,中高端餐饮市场宴请需求下降,表现弱于大盘。对比来看,在本轮下行周期中,快餐与正餐展现出显著的分化,快餐类凭借其强刚需、高频率和广受众的特性,表现出更强的抗周期韧性。量的维度...

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