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China Snacks Food Market, By Categories, Cities, Sales Channel, Company Analysis, Forecast

  • ID: 5265135
  • Report
  • February 2021
  • Region: China
  • Renub Research
China Snack Food Market will be US$ 142.9 Billion by 2027

FEATURED COMPANIES

The China snack industry is entering the fast growth lane. The combination of consumption upgrades, healthy savoury snacks, and distribution channels created a market of China Snacks with an output value of US$ 90.7 Billion in 2020. China children snack market is a relatively untapped segment. China's consumption enhancement has significantly shaped purchasing preference towards the multiple categories of snacks foods for the younger generation. The "attractive economy" is equally matched with "attractive packaging design" of snack food in China. Chines consumers pay more attention to exterior design, with snacks packed gift boxes showing a new trend in China. According to this research, China Snack Food Market is expected to be US$ 142.9 Billion by 2027.



Chinese consumers usually purchase healthy snacks from traditional, modern, speciality, supermarkets and import stores. The most popular snacks are fruit and nuts, cookies, meat snacks, and other junk food. China E-commerce platforms have added significant growth over the years, which provides a more substantial opportunity to the Chinese consumers and local companies to meet their demand for healthy and diet supplements aligned with their busy lifestyles.

Further, in the China Snack Food segment, the market is expected to grow with a CAGR of 6.71 percent from 2020 to 2027. Most domestic snacks manufacturers are in East and Central China, with most brands originating from Fujian and Guangdong provinces along with Shanghai municipality. As per the research, yoghurt's sales, nut snacks, and meat snack will continue to grow in upcoming years. The popularity of healthier snacks within China has a bright future.

China's snack food key players play an essential role, such as Pepsico, which has acquired local Chinese firms to sell its products online. The COVID-19 pandemic has affected the supply chain of the snacks industry in China. To contain the spread of virus government of China had to close the manufacturing industries for a few months in the year 2020.

This report “China Snacks Food Market, By Categories [Biscuit, Cookies Popcorn, Tortilla Chips, Flips & Pretzels, Potato Chips, Yogurt (Drinking Yogurt, Spoonable Yogurt), Ice-Cream and Meat Snack], Cities (Tier 1 Cities, Tier 2 Cities, Tier 3 Cities, and Tier 4 Cities), Sales Channel (Traditional Retail, Modern Retail, Online Retail, and Specialty Retail), Companies (Bright Food (Group) Co. Ltd., Want Want Holdings Limited, Pepsico, Panpan Food Group Co., Ltd. and Guangdong Jiabao Group Co., Ltd)” studies the China Snack Food Industry.

Categories - Report Studies the Market of the following 8 Categories

1. Biscuit
2. Cookies
3. Popcorn
4. Tortilla Chips, Flips & Pretzels
5. Potato Chips
6. Yogurt
  • Drinking Yogurt
  • Spoonable Yogurt
8. Ice-Cream
9. Meat Snack

Cities - China Snack Food Market has been Studied by 4 Categories of Cities

1. Tier 1 Cities
2. Tier 2 Cities
3. Tier 3 Cities
4. Tier 4 Cities

Sales Channel - All the 4 types of Sales Channel has been Studied in the Report

1. Traditional Retail
2. Modern Retail
3. Online Retail
4. Specialty Retail

Company Analysis covered in the report which has been studied from 3 viewpoints
  • Overview
  • Initiatives & Recent Developments
  • Revenue
Companies covered in this report
  • Bright Food (Group) Co. Ltd.
  • Want Want Holdings Limited
  • Pepsico
  • Panpan Food Group Co., Ltd.
  • Guangdong Jiabao Group Co., Ltd
Note: Product cover images may vary from those shown

FEATURED COMPANIES

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. China Snacks Market

6. Market Share Analysis
6.1 By Snack Food Categories
6.2 By Tier Cities
6.3 By Sales Channel

7. Market by Snack Food Categories
7.1 Biscuit
7.2 Cookies
7.3 Popcorn
7.4 Tortilla Chips, Flips & Pretzels
7.5 Potato Chips
7.6 Yogurt
7.6.1 Drinking Yogurt
7.6.2 Spoonable Yogurt
7.7 Ice-cream
7.8 Meat Snacks

8. Market by Tier Cities
8.1 Tier 1st Cities
8.2 Tier 2nd Cities
8.3 Tier 3rd Cities
8.4 Tier 4th Cities

9. Market by Sales Channel
9.1 Traditional Retail
9.2 Modern Retail
9.3 Online Retail
9.4 Specialty Retail

10. Company Analysis
10.1 Bright Food (Group) Co. Ltd.
10.1.1 Overview
10.1.2 Recent Developments
10.1.3 Sales
10.2 Want Want Holdings Limited
10.2.1 Overview
10.2.2 Recent Developments
10.2.3 Sales
10.3 Pepsico
10.3.1 Overview
10.3.2 Recent Developments
10.3.3 Sales
10.4 Panpan Food Group Co., Ltd
10.4.1 Overview
10.4.2 Recent Developments
10.5 Guangdong Jiabao Group Co., Ltd
10.5.1 Overview
10.5.2 Recent Developments

List of Figures:
Figure-01: China - Snack Food Market (Million US$), 2015 - 2020
Figure-02: China - Forecast for Snack Food Market (Million US$), 2021 - 2027
Figure-03: China - Snack Food Market Share (%) by Tier Cities, 2015 - 2020
Figure-04: China - Forecast for Snack Food Market Share (%) by Tier Cities, 2021 - 2027
Figure-05: China - Snack Food Market Share (%) by Sales Channel, 2015 - 2020
Figure-06: China - Forecast for Snack Food Market Share (%) by Sales Channel, 2021 - 2027
Figure-07: China - Biscuit Snacks Market (Million US$), 2015 - 2020
Figure-08: China - Forecast for Biscuit Snacks Market (Million US$), 2021 - 2027
Figure-09: China - Cookies Snacks Market (Million US$), 2015 - 2020
Figure-10: China - Forecast for Cookies Snacks Market (Million US$), 2021 - 2027
Figure-11: China - Popcorn Snacks Market (Million US$), 2015 - 2020
Figure-12: China - Forecast for Popcorn Snacks Market (Million US$), 2021 - 2027
Figure-13: China - Tortilla Chips, Flips & Pretzels Market (Million US$), 2015 - 2020
Figure-14: China - Forecast for Tortilla Chips, Flips & Pretzels Market (Million US$), 2021 - 2027
Figure-15: China - Potato Chips Market (Million US$), 2015 - 2020
Figure-16: China - Forecast for Potato Chips Market (Million US$), 2021 - 2027
Figure-17: China - Yogurt Market (Million US$), 2015 - 2020
Figure-18: China - Forecast for Yogurt Market (Million US$), 2021 - 2027
Figure-19: China - Drinking Yogurt Market (Million US$), 2015 - 2020
Figure-20: China - Forecast for Drinking Yogurt Market (Million US$), 2021 - 2027
Figure-21: China - Spoonable Yogurt Market (Million US$), 2015 - 2020
Figure-22: China - Forecast for Spoonable Yogurt Market (Million US$), 2021 - 2027
Figure-23: China - Ice-Cream Market (Million US$), 2015 - 2020
Figure-24: China - Forecast for Ice-Cream Market (Million US$), 2021 - 2027
Figure-25: China - Meat Snacks Market (Million US$), 2015 - 2020
Figure-26: China - Forecast for Meat Snacks Market (Million US$), 2021 - 2027
Figure-27: China - Tier 1st Cities Snack Food Market (Million US$), 2015 - 2020
Figure-28: China - Forecast for Tier 1st Cities Snack Food Market (Million US$), 2021 - 2027
Figure-29: China - Tier 2nd Cities Snacks Food Market (Million US$), 2015 - 2020
Figure-30: China - Forecast for Tier 2nd Cities Snacks Food Market (Million US$), 2021 - 2027
Figure-31: China - Tire 3rd Cities Snack Food Market (Million US$), 2015 - 2020
Figure-32: China - Forecast for Tier 3rd Cities Snack Food Market (Million US$), 2021 - 2027
Figure-33: China - Tier 4th Cities Snacks Food Market (Million US$), 2015 - 2020
Figure-34: China - Forecast for Tier 4th Cities Snacks Food Market (Million US$), 2021 - 2027
Figure-35: Retail Sales Value of Popcorn Snacks in China from 2013 to 2022
Figure-36: China - Traditional Retail Market (Million US$), 2015 - 2020
Figure-37: China - Forecast for Traditional Retail Market (Million US$), 2021 - 2027
Figure-38: China - Modern Retail Market (Million US$), 2015 - 2020
Figure-39: China - Forecast for Modern Retail Market (Million US$), 2021 - 2027
Figure-40: China - Online Retail Market (Million US$), 2015 - 2020
Figure-41: China - Forecast for Online Retail Market (Million US$), 2021 - 2027
Figure-42: China - Specialty Retail Market (Million US$), 2015 - 2020
Figure-43: China - Forecast for Specialty Retail Market (Million US$), 2021 - 2027
Figure-44: Bright Food (Group) Co. Ltd. - Revenue (Million US$), 2016 - 2020
Figure-45: Bright Food (Group) Co. Ltd. - Forecasted Revenue (Million US$), 2021 - 2026
Figure-46: Want Want Holdings Ltd. - Revenue (Million US$), 2015 - 2020
Figure-47: Want Want Holdings Ltd. - Forecasted Revenue (Million US$), 2021 - 2026
Figure-48: Pepsico - Revenue (Million US$), 2015 - 2020
Figure-49: Pepsico - Forecasted Revenue (Million US$), 2021 - 2026

List of Tables:
Table-01: China - Snack Food Market Share (%) by Categories, 2015 - 2020
Table-02: China - Forecast for Snack Food Market Share (%) by Categories, 2020 - 2027
Note: Product cover images may vary from those shown
  • Bright Food (Group) Co. Ltd.
  • Want Want Holdings Limited
  • Pepsico
  • Panpan Food Group Co., Ltd.
  • Guangdong Jiabao Group Co., Ltd
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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