The Market value (retail sales value) of Juices Industry in China attained a value of USD 3,166.18 Millions in 2020
The Industry recorded a historical growth (CAGR) of 0.29% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The juices industry in China recorded a high single-digit YoY decline in 2020, and a low single-digit Compound Annual Growth Rate (CAGR) between 2017-20.
Beijing Huiyuan Juice & Beverage Group, Liwayway Marketing Corporation, Zhejiang Nongfushanquan Water Co Ltd, and Wei Chuan (BVI) Co Ltd held the top four leading market positions in the juices industry in China. The top four players held a significant market share in the juices industry in China in 2020.
Huiyuan, Great Lakes, Nongfushanquan, and Wei Chuan were the leading brands in the juices industry.
Juice includes 100% pure fruit juice or vegetable juice with no added ingredients, except permitted minerals and vitamins for the purpose of fortification and permitted additives. It may contain pulp and cells from the same kind of fruit.
Beijing Huiyuan Juice & Beverage Group leads the juices industry in China in 2020
Beijing Huiyuan Juice & Beverage Group was the leading company in the Chinese juices market (by value) in 2020. Among the brands selling juice products in China, Huiyuan, the flagship brand of Beijing Huiyuan Juice & Beverage Group was the largest market shareholder.
Liwayway Marketing Corporation ranked second in the juices industry in China
Liwayway Marketing Corporation was the second-largest company in the Chinese juices market (by value) in 2020. Great Lakes, the sole leading brand selling juice items in China, operates under Liwayway Marketing Corporation.
The other leading market positions in the juices market in China were held by Zhejiang Nongfushanquan Water Co Ltd and Wei Chuan (BVI) Co Ltd.
Zhejiang Nongfushanquan Water Co Ltd. and Wei Chuan (BVI) Co Ltd. were among some of the other prominent companies in the Chinese juices market, owning flagship brands Nongfushanquan, and Wei Chuan, respectively.
Market Fragmentation: Beijing Huiyuan Juice & Beverage Group accounted for more than a fifth of the Chinese juices market (by value) in 2020
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