The Market value (retail sales value) of Food Industry in China attained a value of USD 930,094.84 Millions in 2020
The Industry recorded a historical growth (CAGR) of 3.64% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
Despite offline outlets being closed during the pandemic, China’s Food industry continued to grow in 2020. China’s food industry recorded a low single-digit YoY growth in 2020, and a low single-digit Compound Annual Growth Rate (CAGR) between 2017-20.
Yili Group, Wilmar, China Agri-Industries (COFCO), China Mengniu Dairy, and Sung Fung Foods held the top five leading market positions in China’s Food industry.
Leading food brands in China included Arawana, Yili, Mengniu, Caoyuanxingfa, and Beidahuang.
Food products include Bakery & Cereals, Confectionery, Dairy & Soy Food, Fish & Seafood, Ice Cream, Meat, Meat Substitutes, Oils and Fats, Other Canned food, Other Dried food, Other Frozen Food, Pasta & Noodles, Prepared Meals, Savory & Deli Foods, Savory Snacks, Seasonings, Dressings & Sauces, Soups, Syrups & Spreads, Beans & Pulses.
Yili Group leads the Food market in China by value
Yili Group was the leading company in the Chinese Food market in 2020. Yili, Ambrosial, Red Dates Flavored Yogurt, and Shu Hua Milk are some of the prominent brands in China's food products under the trademark of Yili Group. Among the brands, the Yili brand contributed maximum sales by value.
Wilmar ranked second as a Food product seller by value
Wilmar was the second largest company in the Chinese Food market in 2020. The company owns more than 5 brands in China tending the Food needs of the population. Arawana brand was the biggest contributor to the company’s Food sales in china. Gold Ingots, Orchid, Liyu, and Jin Li are some of the other prominent brands vending food items in China under Wilmar.
The other leading market positions in China’s Food market were held by China Agri-Industries (COFCO), China Mengniu Dairy, and Sung Fung Foods
China Agri-Industries (COFCO), China Mengniu Dairy, and Sung Fung Foods were among some of the other prominent companies in the Chinese Food market, owning brands such as Ma Ling, and Mengniu.
Market Fragmentation: No market player accounted for more than 5% of the Chinese Food market (by value) in 2020
Switzerland
France
United States of America
United States of America
Brazil
South Korea
United Kingdom
Japan
Belgium
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward