The Market value (retail sales value) of Meat Industry in China attained a value of USD 469,154.98 Millions in 2020
The Industry recorded a historical growth (CAGR) of 1.44% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
China’s meat market has been steadily growing since 2017 and reported a negligible YoY growth in 2020.
Neimenggu Caoyuanxingfa Foods, WH Group, and Beijing Ershang Dahongmen Meat Foods Co., Ltd. were the top three largest players in the meat market in 2020 but they cumulatively held a single-digit market share in terms of value.
Caoyuanxingfa and Shuanghui were the top two leading brands in China’s meat market. The brands held a single-digit market share of China’s meat market by value.
Meat includes different categories such as ambient meat, chilled raw packaged meat, cooked meat, fresh meat, and frozen meat.
Neimenggu Caoyuanxingfa Foods leads the way in China’s meat market in 2020
Neimenggu Caoyuanxingfa Foods was the leading company in the meat market (by value) in China in 2020. Caoyuanxingfa was the sole leading brand of the Neimenggu Caoyuanxingfa Foods. The company reported a single-digit YoY growth in 2020.
WH Group ranked second in China’s meat market
WH Group held the second-largest share (by value) in the meat market in China in 2020. Shuanghui and Smithfield were the leading brands of WH Group. The company reported a negative YoY growth in 2020.
The other leading market positions were held by Beijing Ershang Dahongmen Meat Foods Co., Ltd. and China Agri-Industries Holdings Limited(COFCO).
Beijing Ershang Dahongmen Meat Foods Co and China Agri-Industries Holdings Limited (COFCO) held the third and fourth-largest market share (by value) in China’s meat market.
Dahongmen was the top leading brand under Beijing Ershang Dahongmen Meat Foods Co Ltd to capture a major market presence in China’s meat market.
Market Fragmentation: No player has accounted for more than one-tenth of China’s meat market (by value) in 2020
Switzerland
France
United States of America
United States of America
Brazil
South Korea
United Kingdom
Belgium
China
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