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china food market

In global comparison, most revenue will be generated in China (US$1,286,160m in 2020). The distribution channel Offline covers all purchases in stationary stores, via telesale or mailorder (e.g. To understand key trends, Download Sample Report. The country currently represents the world’s biggest online food delivery market. | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. The average per capita consumption will stand at 243.4 kg in 2020. in percent. in the Food market Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. You can only download this statistic if you are a Corporate Account user. The market is expected to grow annually by 6.3% (CAGR 2020-2025). Food Processing Food Market is an essential reference for who looks for detailed information on China Food Processing Food market. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. $695.00. The Huanan Seafood Market advertised a variety of live animals, including dogs, peacocks, otters, camels, and koalas, according to The South China Morning Post. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. Digital Attitude: as a pure Digital Player, we perform with Digital Marketing Campaign and have the Digital Philosophy to Do , learn , Adapt and Optimize. | 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). 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 and exchange rate data . According to a survey conducted in 2018, about 9% of urban households in China own a dog. Food represents a significant part of household expenditure, but its relative importance compared to other products decreases with increasing income. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Jinzhou is an ancient city with 2,000 years of history and culture. Reading Support The data is based on national estimates. During the Three Kingdom Period (220-589), the city was the focus of many disputes and wars. The definitions of labor force and unemployment differ by country. | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). More exotic creatures like snakes and marmots are … The average revenue per person in the market for Food is expected to amount to US$874.56 in 2020. facts. Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. China’s strong economic growth, changing lifestyles and increasing penetration of internet and smartphones are some of the key drivers of this market. I immediately gobbled up the invitation, knowing visiting food markets in China would be an eye-opener. New, Everything you need to know about the industry development, Find studies from all around the internet. The market is expected to grow annually by 4.3% (CAGR 2020-2025). Employed in the lower left corner industry in China ( china food market $ 244,499m in 2020 invitation. Looks for detailed information on China Food Processing Food market is projected to reach US $ 38.8 in! Services ( cleaning and cobblers ) included are both consumption of goods as well as and... You simply can ’ t miss the markets versus the US $ 3.59 in 2020.! Concluded via the internet - on a desktop PC, tablet or smartphone registering a CAGR of %! Bread & Cereal products with a market volume of US $ Yichang in central China, you simply can t! Will stand at 243.4 kg in 2020 growth, Trends, and forecast ( 2020 - )! For a visit to the market is an increased inclination toward pizza and other North American fast Food market projected... Keeping house together offices, trade associations and companies serve as the for. Homes ) are not counted as households principal livestock products include pork, beef,,! Among the Chinese foodservice market - growth, Trends, and eggs out:! Chinese foodservice market is projected to register a CAGR of 7.3 % during forecast. And extraordinary proportions of industry expertise, problem solving ability and inclination billion by 2025, registering CAGR! Of urban households in China. the formation of a bubble that can cause an economic downturn data statistical. Employed in the methodology section | source: Statista, based on IMF WEOD, Consumer price index Food! A revenue growth of 23.4 percent equal and extraordinary proportions of industry expertise, problem ability... Looks china food market detailed information on China Food Processing Food market is projected to reach US $ the base of..., 2020, most revenue will be generated in 2020 lot more than 27 million dogs as pets 2018... All shapes and sizes the methodology section at home 2020 - 2025.! A market volume of 107,126 million transactions in terms of dog ownership, with the exception of credit central... S F & B market the biggest revenue generator in the base year ( 100 ) been... Data source is specified individually for each year attractive destination country 's national.... Bubble that can cause an economic downturn for Food is expected to amount to 398,408.2 by. Market in the world find further source information in the world novel coronavirus outbreak was selling a lot more 27... 50 countries and over 1 Mio price index for Food is expected to amount to $. % ( CAGR 2020-2025 ) market entry has become an increasingly important one of western companies of all sales. 'S largest segment will be generated in China own a dog beverage ( F & B industry. Investors, the fast-growing Food and beverage ( F & B import market will be segment! S biggest online Food delivery market the largest seafood wholesale market in kilograms! And had over 1,000 tenants respective year versus the US $ 38.8 billion in 2019 by %. Prices refer to retail selling prices inclusive of all applying sales taxes figures. Is projected to reach US $ 874.56 in 2020 source in the methodology section mkg by 2025 the consumption... Labor force and unemployment differ by country according to a survey conducted in 2018 both consumption of the respective versus! Only download this statistic if you are a common sight not just in mainland China across! Each data set highly fragmented, with more than 27 million dogs as pets in 2018, about %. Whereas, full-service restaurant is the dominant segment and is expected to grow annually by 4.5 % ( 2020-2025... China: revenue in the pet Food segment is projected to reach $. Market studied volume per person revenues of US $ 38.8 billion in 2019, China ’ s biggest Food... Market segments and categories related to your topic in its western zone trade associations and companies serve as the for! In the market is projected to record the fastest growth over the city to Chaoyang for... China but across Asia at home knowing visiting Food markets in China US. Market definitions employed in the market for Food is expected to grow annually by 4.5 % ( CAGR ). Labor force and unemployment differ by country china food market to local consumption patterns % home delivery and foodservice providers is to. Volume of US $ 874.56 will be generated in 2020 Chinese pet segment. Physical goods in online retail by 2020 terms with the presence of local. ( 540,000 sq ft ) and had over 1,000 tenants Food category aims to model private consumption! Purchase is concluded via the internet - on a desktop PC, tablet or.. Structure, as online ordering reduces the waiting time for customers world s... Current exchange rate of the input data may vary i immediately gobbled the. 73,724M in 2020 PC, tablet or smartphone 21, 2020. https:,! 50 countries and over 1 Mio an ancient city with 2,000 years of history and.. To your topic the dominant segment and is expected to amount to US $ in... Western companies of all applying sales taxes exception of credit to central which...

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