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China is one of the most promising and developed countries in the world. Thus, it represents a wonderful market to conquer for foreign companies. Chinese consumers are more and more concerned about their health and are paying attention to the food they eat. Therefore, the health food industry has been in constant growth these past…
Many people living in China at one point or another have dreamed about opening up their own restaurant, café, or some other sort of food and beverage establishment. In the past years creating your very own cooking programs has been very popular in China, moreover with China being the largest food market in the world,…
By 2021, China has had a +20% increase year-to-year making the Chinese ice cream market the number one of its kind in the world.
Chinese citizens, thanks to the outbreak of Covid-19 and the new awareness of the importance of the origin of protein sources, are moving towards vegetable substitutes for meat much faster than before the pandemic. This could also have consequences on a global level, given that China is the largest consumer of meat in the world,…
Starbucks continues to expand its market share in China. By the end of last year, it has already reached 13,5 million active users in 4,600 stores all over the country and had opened many new stores even during the pandemic crisis. How is it possible? Starbucks keeps growing during the pandemic in China The well-known…
McDonald’s China coffee brand McCafé announced that it will invest 2.5 billion yuan in the next three years to accelerate its expansion in the Mainland China coffee market. By 2023, there will be more than 4,000 McCafé shops in China. ”The Chinese coffee market is booming. Consumers understand and love coffee better. Today, we are…
Unprecedented growth in china’s milk consumption in 2020 According to research by Euromonitor International, China is the second-largest dairy market after the United States. But it is estimated that by 2022 it will reach the United States becoming the largest dairy market in the world. With the development of China’s economy and the rise in…
China Cross-border e-commerce market overview Since 2013, political reforms have promoted the sale of foreign products online in China. These changes involve many economic aspects such as the reduction of the tax on cross-border electronic commerce, which has largely eliminated the main obstacles for foreign online retailers and suppliers in China. The demand of Chinese…
China : the world’s biggest online grocery market. In 2018, China’s online grocery (foods, beverages, personal care, household care, and pet care) accounted for 32.5%of all grocery expenditures, up from 1.4% in 2010. Between 2014 and 2018, online grocery revenues increased at an average rate of 35.1% per year in China, whereas the annual growth…
Supermarkets in China are becoming more and more prevalent. Most of these chains have shares held by foreign investments and only a few of them are fully domestic. China’s grocery retail market was forecast to grow by 32.6% by 2022. However, grocery retailers in China have been facing hard situations. There are a lot of…
With 1.4 billion inhabitants, China’s population is growing a lot, just as its consumption. The demand for food and beverages is huge and does not decelerate. The Chinese care more about what they eat and aspire more and more to lead a healthy lifestyle. The Chinese meat market in 2020 About 30% of the world…
Breakfast cereal market is blooming in china Local or imported cereals for breakfast or lunch in China are becoming very popular. Even if the cereal market remains a small part of the total breakfast market, its growth potential is huge and it’s only the beginning of the cereal market in China! Western habits are more…
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