China Snacks Market 2024

Description

Anticipated growth in the China snacks market stands at USD 10.9 billion, with an expected compound annual growth rate (CAGR) of approximately 2.8% during the period spanning 2024 to 2029. In China, the snacks market is booming, driven by the rise of the middle class and a shift towards convenience-driven consumption. With more consumers working long hours and leading busy lives, demand for ready-to-eat and on-the-go snack options, such as packaged nuts, chips, and instant snacks, is surging. Additionally, there is a growing demand for healthier snacks, including plant-based and low-sugar alternatives, as consumers become more health-conscious. The influence of Western snacking trends, particularly among younger, urban populations, is also contributing to the growth of the snacks market in China.

The report delivers an in-depth analysis of the China snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the snacks market.

Market Segmentation

The following outlines the segmentation of the China snacks market:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The snacks market in China is segmented based on product type and distribution channel. The categorization of the market by product type includes confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The China snacks market exhibits significant competition. Leading companies within the market include Zhou Hei Ya International Holdings Company Limited, Yankershop Food Co. Ltd., Want Want Holdings Limited, Unilever PLC, Shenyang Deshi Enterprise Group Co. Ltd., Shanghai LaiYiFen Co. Ltd., Poliai Food (Kunshan) Co. Ltd., Perfetti Van Melle Group, PepsiCo Inc., Orion Group, Nestle S.A., Nabati Group, Mondelez International Inc., Mars Incorporated, Luohe Pingping Food Co. Ltd., Liwayway Marketing Corp., Jinzai Food Group Co. Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Hengan International Group Company Limited, Hefei Huatai Food Co. Ltd., Haoxiangni Jujube Co. Ltd., Guangdong Strong Group Company Ltd., Guangdong Jiashili Group Co. Ltd., Ganyuan Food Holding Co. Ltd., Fujian Yake Food Co. Ltd., Fujian Dali Group Co. Ltd., Fujian Changting Panpan Foodstuff Co. Ltd., Ferrero International S.A., Ezaki Glico Co. Ltd. and Danish Speciality Foods AAL DK A/S.

This report delivers an in-depth examination of leading companies in the snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the China snacks market.
Gain in-depth analysis and forecasts for the key segments of the China snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the China snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the China snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
China Snacks Market – Product Type Analysis
China Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Zhou Hei Ya International Holdings Company Limited
– Yankershop Food Co., Ltd.
– Want Want Holdings Limited
– Unilever PLC
– Shenyang Deshi Enterprise Group Co., Ltd.
– Shanghai LaiYiFen Co., Ltd.
– Poliai Food (Kunshan) Co., Ltd.
– Perfetti Van Melle Group
– PepsiCo, Inc.
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table China Snacks Market 2019-2029
Chart China Snacks Market, Net Growth, 2019-2029
Chart China Snacks Market, Growth Rates, 2019-2029
Table China Snacks Market by Product Type, 2019-2029
Chart China Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart China Snacks Market by Product Type, 2019-2029
Table China Snacks Market by Distribution Channel, 2019-2029
Chart China Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart China Snacks Market by Distribution Channel, 2019-2029
Table China Snacks Market Share (%), by Companies, 2019-2023
Chart China Snacks Market, by Companies, 2023
Table China Snacks Market Share (%), by Brands, 2019-2023
Chart China Snacks Market, by Brands, 2023
Table China – Population (Millions) and Forecast
Table China – Consumer Price Index (CPI) and Forecast
Table China – Gross Domestic Product and Forecast
Table China Snacks Market: Spend as a Proportion of GDP (%)
Table China Snacks Market: Consumption per Capita (Population)

Companies Mentioned

Zhou Hei Ya International Holdings Company Limited
Yankershop Food Co., Ltd.
Want Want Holdings Limited
Unilever PLC
Shenyang Deshi Enterprise Group Co., Ltd.
Shanghai LaiYiFen Co., Ltd.
Poliai Food (Kunshan) Co., Ltd.
Perfetti Van Melle Group
PepsiCo, Inc.
Orion Group
Nestle S.A.
Nabati Group
Mondelez International Inc.
Mars, Incorporated
Luohe Pingping Food Co., Ltd.
Liwayway Marketing Corp.
Jinzai Food Group Co., Ltd.
Inner Mongolia Yili Industrial Group Co., Ltd.
Hengan International Group Company Limited
Hefei Huatai Food Co., Ltd.
Haoxiangni Jujube Co., Ltd.
Guangdong Strong Group Company Ltd.
Guangdong Jiashili Group Co., Ltd.
Ganyuan Food Holding Co., Ltd.
Fujian Yake Food Co., Ltd.
Fujian Dali Group Co. Ltd.
Fujian Changting Panpan Foodstuff Co., Ltd.
Ferrero International S.A.
Ezaki Glico Co., Ltd.
Danish Speciality Foods AAL DK A/S