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
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
Table of Contents
Companies Mentioned
- Bright Food (Group) Co. Ltd.
- Want Want Holdings Limited
- Pepsico
- Panpan Food Group Co., Ltd.
- Guangdong Jiabao Group Co., Ltd
Methodology
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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Table Information
| Report Attribute | Details |
|---|---|
| Published | February 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 90.7 Billion |
| Forecasted Market Value ( USD | $ 142.9 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | China |
| No. of Companies Mentioned | 5 |
