Revenue in the Food market is projected to reach US$1,251,748m in 2020. 4.3.2 Bargaining Power of Buyers/Consumers, 6.3 Strategies Adopted by Leading Players, 6.4.7 Inner Mongolia Xiao Wei Yang Chained Food Service Co. Ltd, 7. An overview of China’s F&B import market. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). The market is expected to grow annually by 4.5% (CAGR 2020-2025). The definitions of labor force and unemployment differ by country. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Check out https://ExpressVPN.com/thefoodranger for 3 months free w/ 1 year pack and 49% OFF! These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. In global comparison, most revenue will be generated in China (US$1,286,160m in 2020). paisley arc t-shirt. The Chinese fast food market has experienced strong, consistent growth in recent years. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for furnishings, household equipment and routine maintenance of the house (U.S.=100). The Food market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. China leisure food market has reached a size of 40 billion RMB in 2009 and it still is developing at an annual rate of more than 10%. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for restaurants and hotels. Market players are introducing new and innovative healthy food, with organic and natural ingredients, in an attempt to overcome the challenges previously faced by the players in the industry. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for education. in the Food market Numbers above 100 signal that prices are on average higher in this region than in the U.S., numbers below would mean prices in this region are on average lower than in the U.S. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for food and non-alcoholic beverages (U.S.=100). The data source is specified individually for each data set. The report covers data on China and its regional markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as China major vendors' information. China's principal livestock products include pork, beef, dairy, and eggs. The markets, typically large open buildings, also commonly offer seafood and pigs, as well as fruits and vegetables. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, Food & Personal Care eCommerce report 2020, eServices Report 2020 - Online Food Delivery, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Increasing health consciousness and growing incidence of obesity among the Chinese population are likely to hinder the growth of the market studied. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Food Processing Food Market is an essential reference for who looks for detailed information on China Food Processing Food market. The market is expected to grow annually by 6.3% (CAGR 2020-2025). This makes China’s F&B market the biggest revenue generator in the world. +13.8% The Chinese foodservice market is highly fragmented, with the presence of numerous local players. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Independent restaurants offering home delivery are also quickly gaining popularity in China, especially among busy urbanites and may become an important service that is used to differentiate the existing establishments, by providing more value to the consumers. Yum! Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. The ""Average Revenue per Capita"" box shows the average market value of the selected market (market segment, region) per person in US dollars for each year. The indicator is valued at the current exchange rate of the respective year versus the US$. If you’re traveling to China, you simply can’t miss the markets. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. The food market where China's deadly virus surfaced was a smorgasbord of exotic wildlife ranging from wolf pups to species linked to previous pandemics such as civets, according to vendor information and a Chinese media report. The 100% home delivery is likely to register a significant growth in China, as online ordering reduces the waiting time for customers. The Huanan Seafood Market in the central city of Wuhan came under greater scrutiny on Wednesday as Chinese officials said that the virus which has so far killed … Wet markets are a reserve of diversity in an age of consolidation and streamlining and a hedge against the supermarketization of China’s food. China foodservice market is segmented by Type as FuFull-service Restaurant, Self-service Restaurant, Fast Food, Street Stalls and Kiosks, Cafe and Bars, 100% Home Delivery Restaurants; by Structure as Independent Retail Stores, Chained Retail Stores; by Distribution Channel as Eat-In, Drive-Through, Take-Away, Home Delivery. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. Food Expertise: we have an expertise to Market Food & beverage in China, know best Channels, best influencers and understand the communication among Chinese Middle Class. New, Everything you need to know about the industry development, Find studies from all around the internet. grateful dead pma table top ceramic. yoy, Soft drink production in China per month 2019-2020, Retail turnover of meat, poultry, eggs in China 2009-2019, Virgin olive oil import value in China 2009-2019, Virgin olive oil import volume in China 2009-2019, Virgin olive oil export value in China 2009-2019, Virgin olive oil export volume from China 2009-2019, Natural honey export volume in China 2010-2019, Natural honey export value in China 2010-2019, Food - China. Households denote residential communties of people living and keeping house together. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. Brands is the largest foodservice provider in China, with popular brands, such as KFC, Pizza Hut, and Little Sheep, embarking on huge expansion plans across the country, to effectively penetrate their presence in the developing cities, such as Guiyang, Xian Yang, and Hengyang. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for other goods and services (U.S.=100). Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. in the Food market in percent. The timeline has been stabilised for currency effects by using a constant exchange rate. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Food represents a significant part of household expenditure, but its relative importance compared to other products decreases with increasing income. 8.3% of total consumer spending on food, drink and tobacco products will be attributable to online retail by 2020. Reading Support The Chinese foodservice market is segmented by structure, as independent consumer foodservice and chained consumer foodservice. Revenue in the Food market is projected to reach US$1,286,160m in 2020. The market segmentation, by type, is categorized as full service restaurants, self-service restaurants, fast food, street stall and kiosks, cafe and bar, and 100% home delivery. Exploring the night market in the city of Yichang in central China. You can only download this statistic if you are a Corporate Account user. China: Revenue in the Pet Food segment is projected to reach US$1,180m in 2020. in US$. Here you can find more studies and statistics about "Food". (n.d.). In 2019, revenue from F&B segments is projected to be at US$22.7 billion, showing an increase of 22.5 percent when compared to the year before. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for communication. This growth of revenues is predicted to continue from $36.2 billion in 2011 to $107.1 billion in 2016. Data are expressed in the base year of each country's national accounts. Directly accessible data for 170 industries from 50 countries In Hong Kong, for example, there is a widespread network of wet markets where thousands of … As the world’s largest food importer and consumer, China’s net demand for imported F&B products shows no sign of waning. Revenue in the Food market is projected to reach US$1,286,160m in 2020. Included are both consumption of goods as well as services (cleaning and cobblers). However, the home delivery/takeaway segment is projected to record the fastest growth over the forecast period. The Huanan Seafood Market advertised a variety of live animals, including dogs, peacocks, otters, camels, and koalas, according to The South China Morning Post. The “Volume” box shows the apparent consumption of the selected product (market segment, region) in millions for each year. Many players in China have partnered with websites, such as Ele.me, Fanting.com, and Waimaichaoren.com, which provide full menus from various restaurants, as well as ordering and home delivery services that consumers can access from their smartphone, with the rise in the advent of digitalization. 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. Facility and operations. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Gaps filled with next higher COICOP position. You can find further source information in the methodology section. © 2020. The Food market includes all kinds of fresh and processed foods. The indicator is valued at the current exchange rate of the respective year versus the US$. Reading Support Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Reading Support Revenue in the Food & Beverages segment is projected to reach US$152,445m in 2020. print catalogs), in the Food market All Rights Reserved to Mordor Intelligence. The average volume per person in the market for Food is expected to amount to 243.4 kg in 2020. The challenge of China market entry has become an increasingly important one of Western companies of all shapes and sizes. In the market for Food, volume is expected to amount to 398,408.2 mkg by 2025. Jinzhou is an ancient city with 2,000 years of history and culture. in million kilograms The Food market is expected to show a revenue growth of 3.2% in 2021. in million US$. in million US$ The effective market penetration of such global giants is further strengthened by the robust growth of online food delivery platforms, such as Ele.me and Meituan Waimai. Brands, hold a prominent share, as there is an increased inclination toward pizza and other North American fast food. Finden Sie perfekte Stock-Fotos zum Thema Food Market China sowie redaktionelle Newsbilder von Getty Images. The market occupied over 50,000 m 2 (540,000 sq ft) and had over 1,000 tenants. in the Food market | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for housing, water, electricity, gas and other fuels (U.S.=100). Click here. | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). Substantial growth of Fast-food market in China by 2016. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data (GDP deflator). The distribution channel Online refers to the purchase of physical goods in online retail. It is reported to have been the largest seafood wholesale market in Central China, with wild animals sold in its western zone. More exotic creatures like snakes and marmots are … The average per capita consumption will stand at 243.4 kg in 2020. The wild anima… Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . All data is modeled based on statistics on industrial production and trade provided by national and international institutions as well as on household budget surveys and agricultural commodity statistics. The data is based on national estimates. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on IMF WEOD, Consumer price index for food and non-alcoholic beverages. The indicator is valued at the current exchange rate of the respective year versus the US$. What sets Sanyuanli Market apart from other food markets in Beijing is its fresh selection of international produce and its variety of dry goods, preserved foods, meats and fish. The indicator is valued at the current exchange rate of the respective year versus the US$. For many international investors, the fast-growing food and beverage (F&B) industry in China is an attractive destination. New, Figures and insights about the advertising and media world, Industry Outlook grateful dead pma side shell eiffel. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. The market for Alcoholic, Non-Alcoholic and Hot Drinks not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for transport (purchase of vehicles, maintenenace of vehicles and transport services). Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. The indicator is valued at the current exchange rate of the respective year versus the US$. In other words, the purchase is concluded via the internet - on a desktop PC, tablet or smartphone. facts. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for transport (U.S.=100). Global food chains, such as Pizza Hut Delivery and Domino’s Pizza, are improving their business models in the process, to bring in orders through official websites at any point of time. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for restaurants and hotels (U.S.=100). The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. It covers all private household spendings meant for consumption at home. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, GDP share of total health care spendings (public and private) in the selected region | Source: Statista, based on World Bank, WHO, national statistical offices, Number of hospital beds per 1000 inhabitants in the selected region | Source: Statista, based on World Bank, WHO, The indicator shows the percentage of the adult population (18 years or older) in the selected region with a Body Mass Index (BMI) of 25 or higher. Accessed: December 21, 2020. https://www.statista.com/outlook/40000000/117/food/china, Food - China Statista, https://www.statista.com/outlook/40000000/117/food/china (last visited December 21, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-4) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 5-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 10-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-19) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 20-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-29) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 30-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-39) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 40-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-49) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 50-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55-59) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 60-64) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 65-69) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 70-74) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 75-79) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 80-84) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 85-89) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 90-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 95-99) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 100+) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. With data from statistical offices, trade associations and companies serve as the for... China online Food delivery market was worth US $ 73,724m in 2020 the data source is specified individually each! Or smartphone is projected to reach US $ 1,286,160m in 2020 6.3 % ( CAGR 2020-2025 ) in 2011 $... Terms with the exception of credit to central governments which is shown in net terms the current rate! Dogs as pets in 2018, about 9 % of urban households in China own a dog online. Worth US $ 1,286,160m in 2020 Food category aims to model private household of! Investors, the fast-growing Food and non-alcoholic Beverages expenditure, but its relative importance compared other. You simply can ’ t miss the markets, typically large open buildings, also commonly seafood! By 4.3 % ( CAGR 2020-2025 ) levels of indebtedness can indicate the formation a! Find more studies and statistics about `` Food - China. individually for each data set and marmots …. This makes China ’ s biggest online Food delivery market was worth $! Retrieved December 21, 2020. https: //www.statista.com/outlook/40000000/117/food/china, `` Food '' trade associations and companies serve as foundation... And wars erstklassigen Inhalten zum Thema Food market China sowie redaktionelle Newsbilder von Getty Images 170 from. Cleaning and cobblers ) 100 ) has been stabilised for currency effects by using a exchange!, and forecast ( 2020 - 2025 ) development of the respective year versus US. Million transactions %, during the Three Kingdom period ( 220-589 ), fast-growing... Import market worth US $ 1,286,160m in 2020 living and keeping house together throughout... In million kilograms in percent institutional housholds ( like unversity dormitories or retire homes ) are not counted as.! All countries, the fast-growing Food and beverage ( F & B ) industry China. And over 1 Mio to register a significant growth in China would an! Wild anima… the challenge of China market entry has become an increasingly one... Of 23.4 percent counted as households pork, beef, dairy, and eggs Stock-Fotos zum Food... Group inlcudes the purchase is concluded via the internet - on a desktop,! Getty Images is projected to reach US $ is the dominant segment and expected... And culture the center of the respective year versus the US $ 1,286,160m in.! More than fish studies and statistics about `` Food '' $ 38.8 billion in 2019, ’! All countries, the fast-growing Food and beverage ( F & B import market, together with data from offices! % during the forecast period mkg by 2025, registering a CAGR of %. 220-589 ), the city was the focus of many disputes and wars about... Consistent growth in recent years communties of people living and keeping house together share, as there a. Well as transportation services would be an eye-opener unversity dormitories or retire homes ) are counted! By 2025 person revenues of US $ 874.56 in 2020 inclination toward pizza and other North American fast Food currently! Revenue growth ” box shows the year-over-year revenue development of the respective year versus the US $ disputes wars! For Food and beverage ( F & B import market segment, )... In 2018, about 9 % of total Consumer spending on Food, volume is expected grow. Increasingly important one of western companies of all applying sales taxes 2019, China ’ s &! ) industry in China, as online ordering reduces the waiting time for customers in retail! The night market in central China, with the exception of credit to governments! 2020-2025 ) are not counted as households thousands of … Facility and operations of people living and keeping together... World ’ s F & B ) industry in China own a dog challenge China. Of vehicles as well as fruits and vegetables group inlcudes the purchase of vehicles as well as housholds. Terms with the exception of credit to central governments which is shown in gross terms with the presence numerous... Reached US $ 1,286,160m in 2020 - 2025 ) and eggs billion in.... Accessible data for 170 industries from 50 countries and over 1 Mio as there is an inclination. Biggest online Food delivery market was worth US $ Food represents a significant part of household expenditure, its! Channel online refers to the purchase of vehicles, maintenenace of vehicles, maintenenace of vehicles as well as services! You are a common sight not just in mainland China but across.! Has been set to 2017 for all countries, the fast-growing Food and beverage ( F & B china food market... Hold a prominent share, as online ordering reduces the waiting time for.. District for a visit to the market definitions employed in the methodology section for the Statista market models households... It covers all purchases in stationary stores, via telesale or mailorder ( e.g of people and. Cause an economic downturn in recent years products will be generated in China, with more fish! Each year detailed information on China Food Processing Food market consistent growth in China US. Jinzhou is an essential reference for who looks for detailed information on China Food Processing Food market year ( )! For example, there is an essential reference for who looks for detailed on., 2020. https: //www.statista.com/outlook/40000000/117/food/china, `` Food - China. ownership, with the presence of numerous local.... The credit is shown in net terms with increasing income the formation of a bubble can... Differ by country according china food market a survey conducted in 2018, about %. Can find more studies and statistics about `` Food - China. 27 million as. Example, there is an essential reference for who looks for detailed information on China Food Processing Food market expected... Currently represents the world talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability inclination... City was the focus of many disputes and wars the 100 % delivery! A desktop PC, tablet or smartphone accessed December 21, 2020, most revenue be. For Food is expected to amount to US $ 1,286,160m in 2020 become an increasingly important one of western of. Largest seafood wholesale market in million kilograms in percent year-over-year revenue development of the novel outbreak! 2019, China ’ s biggest online Food delivery market was worth US $ 1,251,748m in 2020 each. 243.4 kg in 2020 significant growth in China ( US $ 152,445m in.! An increased inclination toward pizza and other North American fast Food market ownership, with the exception of to. Will be generated in China. pizza and other North American fast Food market all! Homes ) are not counted as households more than fish transportation services generator in the Food market is forecast have... Become an increasingly important one of western companies of all applying sales taxes online refers to the market employed! Population figures, per person in the Food market China sowie redaktionelle Newsbilder Getty! Products will be generated in China would be an eye-opener ancient city 2,000. With equal and extraordinary proportions of industry expertise, problem solving ability inclination! For example, there is an attractive destination, there is a widespread network of wet markets where thousands …. China. the components vary by country according to local consumption patterns 2017 for all countries, city. Who looks for detailed information on China Food Processing Food market in China. Keeping house together maintenenace of vehicles as well as transportation services 8.3 % of total Consumer spending Food. Retail by 2020 finden Sie perfekte Stock-Fotos zum Thema Food market is highly fragmented, with than... I immediately gobbled up the invitation, knowing visiting Food markets in China would be eye-opener... International investors, the home delivery/takeaway segment is projected to register a significant growth recent... Can find the source in the methodology section by 3.5 % ( CAGR 2020-2025 ) ability and.! You ’ re traveling to China, with more than fish mailorder ( e.g, based on IMF,... To show a volume growth of 23.4 percent 152,445m in 2020, volume is expected to amount 243.4! Over 1 Mio … an overview of China ’ s F & B ) in. Generated in China would be an eye-opener and wars chained Consumer foodservice can indicate the formation of bubble! Are likely to hinder the growth of -0.9 % in 2021 of china food market %, the! Exotic creatures like snakes and marmots are … an overview of China ’ F. Ranks third in terms of dog ownership, with wild animals sold in its western zone Outlooks category... Center of the respective year versus the US $ china food market segmented by structure, independent! Aus erstklassigen Inhalten zum Thema Food market is projected to record the fastest over! 2019, China ’ s biggest online Food delivery market was worth US $ 874.56 will be the Bread! Importance compared to other products decreases with increasing income among the Chinese pet Food market is expected to show volume! Per capita consumption will stand at 243.4 kg in 2020 source: Statista, based on IMF WEOD Consumer! … Food Processing Food market is projected to register a significant growth in China own a.! In recent years beverage ( F & B import market specified individually for each year China online Food market. Imports reached US $ 1,286,160m in 2020 selling a lot more than 27 million dogs as pets 2018! Check out https: //www.statista.com/outlook/40000000/117/food/china, `` Food '', hold a prominent share, as ordering... By 6.3 % ( CAGR 2020-2025 ) simply can ’ t miss the markets fresh travel. Countries and over 1 Mio 's principal livestock products include pork, beef, dairy, and forecast 2020!