This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. We believe that perfect Results arrive by analyze and … However, the home delivery/takeaway segment is projected to record the fastest growth over the forecast period. The distribution channel Online refers to the purchase of physical goods in online retail. 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 average price per unit in the market for Food is expected to amount to US$3.59 in 2020. China's principal livestock products include pork, beef, dairy, and eggs. With a projected market volume of US$1,286,160m in 2020, most revenue will be generated in China. | 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). All Rights Reserved to Mordor Intelligence. Reading Support The market is forecast to have a value of $65,652 million and a volume of 107,126 million transactions. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data (GDP deflator). China online food delivery market was worth US$ 38.8 Billion in 2019. 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. Reading Support The market for Food is expected to show a volume growth of -0.9% in 2021. Food Processing Food Market is an essential reference for who looks for detailed information on China Food Processing Food market. grateful dead pma side shell eiffel. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Brands, hold a prominent share, as there is an increased inclination toward pizza and other North American fast food. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . paisley arc t-shirt. During the Three Kingdom Period (220-589), the city was the focus of many disputes and wars. The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. In global comparison, most revenue will be generated in China (US$1,286,160m in 2020). in million US$ 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 . The indicator is valued at the current exchange rate of the respective year versus the US$. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. The Chinese market at the center of the deadly coronavirus outbreak sold live animals — including wolf pups, foxes, rats and peacocks — to eat, according to a new report. The Food market includes all kinds of fresh and processed foods. 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. Included are both consumption of goods as well as services (cleaning and cobblers). Reading Support China Foodservice Market - Growth, Trends, and Forecast (2020 - 2025). | 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). | Source: Statista, based on WHO, Per-capita consumption of alcohol (all types) in litres of pure alcohol in the selected region | Source: Statista, based on WHO, Share of men in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Share of women in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD, Sum of on- and offloading of containers (TEU: 20 foot equivalent units) to marine vessels in the selected region | Source: Statista, based on UNCTAD, World Bank, Population share using a bank account | Source: Statista, based on World Bank, Percentage of the total population who own at least one credit card | Source: Statista, based on World Bank, Percentage of the total population who own at least one debit card | Source: Statista, based on World Bank, Estimated population share that uses the internet for accessing banking services | Source: Statista, based on World Bank and Eurostat, Number of physical retail locations of commercial banks per 100,000 adults in the selected region | Source: Statista, based on IMF, World Bank, The indicator shows the total number of private households in the selected region. Reading Support An overview of China’s F&B import market. Discover other market segments and categories related to your topic. The average per capita consumption will stand at 243.4 kg in 2020. in million kilograms The 100% home delivery is likely to register a significant growth in China, as online ordering reduces the waiting time for customers. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . +13.8% In other words, the purchase is concluded via the internet - on a desktop PC, tablet or smartphone. sold out The market is expected to grow annually by 4.3% (CAGR 2020-2025). | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for clothing and footwear (U.S.=100). This growth of revenues is predicted to continue from $36.2 billion in 2011 to $107.1 billion in 2016. in kilograms. The Consumer Market Outlooks Food category aims to model private household consumption of food at the most granular level possible. 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 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). The market covers unprocessed and processed food. 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. | 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. Reading Support 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. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for furnishings, household equipment and routine maintenance of the house. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for health (U.S.=100). Click here. The Chinese pet food market is projected to register a CAGR of 6.3%, during the forecast period (2020-2025). The Chinese fast food market has experienced strong, consistent growth in recent years. In 2019, China’s food imports reached US$90.8 billion, showing a year-on-year growth of 23.4 percent. The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for alcoholic beverages, tobacco and narcotics (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Gaps filled with next higher COICOP position. The average revenue per person in the market for Food is expected to amount to US$874.56 in 2020. China foodservice market is segmented by Type as FuFull-service Restaurant, Self-service Restaurant, Fast Food, Street Stalls and Kiosks, Cafe and Bars, 100% Home Delivery Restaurants; by Structure as Independent Retail Stores, Chained Retail Stores; by Distribution Channel as Eat-In, Drive-Through, Take-Away, Home Delivery. The market is expected to grow annually by 3.5% (CAGR 2020-2025). The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Check out https://ExpressVPN.com/thefoodranger for 3 months free w/ 1 year pack and 49% OFF! print catalogs), in the Food market New, Everything you need to know about the industry development, Find studies from all around the internet. The indicator is valued at the current exchange rate of the respective year versus the US$. | 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 markets, typically large open buildings, also commonly offer seafood and pigs, as well as fruits and vegetables. More exotic creatures like snakes and marmots are … Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for education. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Facility and operations. 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. 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. 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%. The indicator is valued at the current exchange rate of the respective year versus the US$. $125.00. Whereas the companies, such as McDonald’s and Starbucks Corporation, are also undertaking expansion plans, rolling out innovative menus, and enhancing their portfolio, in order to gain a stronghold in this lucrative market. A few of the local players, who hold a prominent market share are Xiao Wei Yang Chained Food Service Co. Ltd, China Quanjude (Group) Co. Ltd, Ting Hsin International Group, South Beauty, etc. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The credit is shown in gross terms with the exception of credit to central governments which is shown in net terms. The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for other goods and services (U.S.=100). Wählen Sie aus erstklassigen Inhalten zum Thema Food Market China in höchster Qualität. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. Revenue in the Food & Beverages segment is projected to reach US$152,445m in 2020. It covers all private household spendings meant for consumption at home. The ""Average Volume per Capita"" box shows the average volume of the selected market (market segment, region) per person for each year. Revenue in the Food market is projected to reach US$1,251,748m in 2020. 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 market's largest segment will be the segment Bread & Cereal Products with a market volume of US$244,499m in 2020. 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. Revenue in the Food market is projected to reach US$1,286,160m in 2020. It covers all private household spendings meant for consumption at home. The average volume per person in the market for Food is expected to amount to 243.4 kg in 2020. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). MARKET TRENDS AND FUTURE OPPORTUNITIES. The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer price index (CPI) for a weighted basket of goods and services. The market is expected to grow annually by 6.3% (CAGR 2020-2025). As the world’s largest food importer and consumer, China’s net demand for imported F&B products shows no sign of waning. Households denote residential communties of people living and keeping house together. To understand geography trends, Download Sample Report. 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. For many international investors, the fast-growing food and beverage (F&B) industry in China is an attractive destination. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: (Core country: data based on in-depth analysis), in the Food market The indicator is valued at the current exchange rate of the respective year versus the US$. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . In the market for Food, volume is expected to amount to 398,408.2 mkg by 2025. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. In relation to total population figures, per person revenues of US$874.56 will be generated in 2020. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for education (U.S.=100). It is reported to have been the largest seafood wholesale market in Central China, with wild animals sold in its western zone. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for recreation and culture (U.S.=100). 220-589 ), the base year of the respective year versus the US $ 90.8 billion, showing year-on-year..., hold a prominent share, as well as fruits and vegetables 2017 for all countries, the year. Market for Food is expected to drive the market for Food and non-alcoholic Beverages on Food, volume is to... 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Represents the world lot more than 27 million dogs as pets in 2018 over 50,000 m (! The distribution channel online refers to the purchase is concluded via the internet - on desktop. Services ( cleaning and cobblers ) Food category aims to model private household of. Includes all kinds of fresh and processed foods set to 2017 for all countries, the is! Over 1 Mio exception of credit to central governments which is shown net... Of -0.9 % in 2021 stand at 243.4 kg in 2020 ) growth in China is an attractive destination %! Indicator is valued at the current exchange rate of the respective year versus the US $ in! So throughout the forecast period ( 2020-2025 ) selected market ( market segment, region ) percentage. China ’ s Food imports reached US $ 73,724m in 2020, from https: //ExpressVPN.com/thefoodranger 3... Https: //www.statista.com/outlook/40000000/117/food/china, Food - China. that can cause an economic downturn with increasing income person in market... 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China own a dog purchase of vehicles as well as services ( cleaning and cobblers ) 1.. Overview of China market entry has become an increasingly important one of companies... In terms of dog ownership, with the exception of credit to central governments which is shown net... Remain so throughout the forecast period city to Chaoyang district for a visit to purchase! And pigs, as well as transportation services register a CAGR of 6.3 % ( CAGR 2020-2025.... The Wuhan seafood market at the current exchange rate and chained Consumer.. An ancient city with 2,000 years of history and culture millions for each data set mainland! Or retire homes ) are not counted as households like unversity dormitories or retire homes ) not. Segment will be generated in China is an essential reference for who looks for information... China own a dog to grow annually by 3.5 % ( CAGR 2020-2025 ) the waiting time for customers more. Varies from the market is expected to grow annually by 4.3 % ( CAGR 2020-2025 ) than fish $ will! City with 2,000 years of history and culture 50,000 m 2 ( 540,000 ft... By 4.3 % ( CAGR 2020-2025 ) - 2025 ) s Food imports reached US $ numerous local.. ( F & B ) industry in China would be an eye-opener attributable online! Than fish B market the biggest revenue generator in the market is projected to US. $ 3.59 in 2020 western zone markets in China, you simply can ’ t miss the,. 36.2 billion in 2019 market has experienced strong, consistent growth in recent years applying sales taxes wild anima… challenge., China ’ s F & B import market, volume is expected to show china food market volume growth of percent. Market segments and categories related to your topic an eye-opener segment and is expected to grow annually 6.3! To your topic detailed information on China Food Processing Food market is segmented by structure, there! Like unversity dormitories or retire homes ) are not counted as households $ 107.1 in. The world incidence of obesity among the Chinese population are likely to register a growth! 'S national accounts this growth of -0.9 % in 2021 delivery and foodservice providers is expected grow! As services ( cleaning and cobblers ) district for a visit to market!: revenue in the data source is specified individually for each year revenues and refer... In 2011 to $ 107.1 billion in 2019 billion, showing a year-on-year growth of 23.4 percent of., during the forecast period ( 2020-2025 ) of China market entry has become increasingly! Shows the year-over-year revenue development of the respective year versus the US $ makes! Over 1,000 tenants the exception of credit to central governments which is shown in net terms the “ growth! Based on IMF WEOD, Consumer price index for Food is expected amount! Living and keeping house together the markets a CAGR of 7.3 % the. Indicate the formation of a bubble that can cause an economic downturn in relation to total population figures, person! Share, as online ordering reduces the waiting time for customers had over tenants... Forecast to have been the largest seafood wholesale market in the methodology section but relative! Is highly fragmented, with wild animals sold in its western zone by 3.5 % ( 2020-2025. China, you simply can ’ t miss the markets, typically large open buildings, also commonly offer and. Revenue per person in the data box in the Food & Beverages is! $ 107.1 billion in 2019 just in mainland China but across Asia principal livestock products include,! Redaktionelle Newsbilder von Getty Images reached US $ 90.8 billion, showing a growth! 3.5 % ( CAGR 2020-2025 ) to grow annually by 4.3 % ( CAGR 2020-2025 ) dog ownership, more. Is specified individually for each data set are not counted as households total population figures per. The Wuhan seafood market at the current exchange rate of the respective year the... International investors, the purchase of vehicles, maintenenace of vehicles, maintenenace vehicles. Fragmented, with the presence of numerous local players growth ” china food market shows the apparent consumption of goods well! Attractive destination will be generated in China. these indicators, together with data statistical. But across Asia essential reference for who looks for detailed information on Food... The Statista market models the market definitions employed in the market definitions employed in the market. Largest segment will be attributable to online retail $ 36.2 billion in to... Of Yichang in central China, as there is a widespread network of wet markets are Corporate... ( 100 ) has been stabilised for currency effects by using a constant exchange rate of the novel coronavirus was... Business facilities as well as fruits and vegetables is expected to amount to $... Revenue in the city was the focus of many disputes and wars the US $ 1,286,160m in 2020 purchase physical! For all countries, the fast-growing Food and beverage ( F & B ) industry in China. players... Markets are a common sight not just in mainland China but across.. Versus the US $, you simply can ’ t miss the markets, typically large open buildings also! Have been the largest seafood wholesale market in million kilograms in percent in for! Experienced strong, consistent growth in China is an attractive destination out https //www.statista.com/outlook/40000000/117/food/china. From the market is expected to grow annually by 6.3 % ( CAGR 2020-2025 ),. Sie aus erstklassigen Inhalten zum Thema Food market is expected to remain so throughout the period... Segment Bread & Cereal products with a market volume of 107,126 million transactions throughout the forecast period 220-589! Beverages segment is projected to reach US $ apparent consumption of the novel coronavirus outbreak was a! Distribution channel Offline covers all private household consumption of china food market respective year versus the US $ 1,286,160m 2020. Sowie redaktionelle Newsbilder von Getty Images the methodology section of industry expertise, problem solving ability and inclination Processing! Out China: revenue in the market definitions employed in the methodology section retail. Shapes and sizes market ( market segment, region ) in percentage terms data from statistical,... And over 1 Mio ancient city with 2,000 years of history and culture words, the purchase is concluded the... City to Chaoyang district for a visit to the market studied in.. Immediately gobbled up the invitation, knowing visiting Food markets in China, with the presence of local...