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Food & Grocery Retail in China

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    Report

  • 46 Pages
  • October 2025
  • Region: China
  • MarketLine
  • ID: 6018106
Food & Grocery Retail in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The Chinese food & grocery retail market recorded revenues of $3.88 trillion in 2024, representing a compound annual growth rate (CAGR) of 8.1% between 2019 and 2024.
  • The food segment accounted for the market's largest proportion in 2024, with total revenues of $2.99 trillion, equivalent to 76.9% of the market's overall value.
  • In 2024, China accounted for a 61.6% share of the Asia-Pacific food & grocery retail market.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in China
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China food & grocery retail market with five year forecasts

Reasons to Buy

  • What was the size of the China food & grocery retail market by value in 2024?
  • What will be the size of the China food & grocery retail market in 2029?
  • What factors are affecting the strength of competition in the China food & grocery retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up China's food & grocery retail market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the most recent developments in the market?
8 Company Profiles
8.1. Sun Art Retail Group Ltd
8.2. China Resources Vanguard Co. Ltd.
8.3. Walmart Inc
8.4. Yonghui Superstores Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: China food & grocery retail market value: $ million, 2019-24
Table 2: China food & grocery retail market category segmentation: % share, by value, 2019-24
Table 3: China food & grocery retail market category segmentation: $ million, 2019-24
Table 4: China food & grocery retail market geography segmentation: $ million, 2024
Table 5: China food & grocery retail market distribution: % share, by value, 2024
Table 6: China food & grocery retail market value forecast: $ million, 2024-29
Table 7: Sun Art Retail Group Ltd: Key Facts
Table 8: Sun Art Retail Group Ltd: Annual Financial Ratios
Table 9: Sun Art Retail Group Ltd: Key Employees
Table 10: China Resources Vanguard Co. Ltd.: Key Facts
Table 11: China Resources Vanguard Co. Ltd.: Key Employees
Table 12: Walmart Inc: Key Facts
Table 13: Walmart Inc: Annual Financial Ratios
Table 14: Walmart Inc: Key Employees
Table 15: Walmart Inc: Key Employees Continued
Table 16: Walmart Inc: Key Employees Continued
Table 17: Yonghui Superstores Co Ltd: Key Facts
Table 18: Yonghui Superstores Co Ltd: Annual Financial Ratios
Table 19: Yonghui Superstores Co Ltd: Key Employees
Table 20: China Size of Population (Million), 2020-24
Table 21: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: China GDP (Current Prices, $ Billion), 2020-24
Table 23: China Inflation, 2020-24
Table 24: China Consumer Price Index (Absolute), 2020-24
Table 25: China Exchange Rate, 2019-24
List of Figures
Figure 1: China food & grocery retail market value: $ million, 2019-24
Figure 2: China food & grocery retail market category segmentation: $ million, 2019-24
Figure 3: China food & grocery retail market geography segmentation: % share, by value, 2024
Figure 4: China food & grocery retail market distribution: % share, by value, 2024
Figure 5: China food & grocery retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the food & grocery retail market in China, 2024
Figure 7: Drivers of buyer power in the food & grocery retail market in China, 2024
Figure 8: Drivers of supplier power in the food & grocery retail market in China, 2024
Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in China, 2024
Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in China, 2024
Figure 11: Drivers of degree of rivalry in the food & grocery retail market in China, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Sun Art Retail Group Ltd
  • China Resources Vanguard Co. Ltd.
  • Walmart Inc
  • Yonghui Superstores Co Ltd