(Food-Beverage-News.Com, October 09, 2018 ) China fresh food consumption market is expected to reach USD 150 billion by 2024, growing at a CAGR of 5.3% over the forecast period, 2017-2025. Increasing number of upper-middle-class people, the presence of generation X people who are more inclined to fresh food and increasing willingness to pay among the people in lower-tier cities, is trending the growth of market all over the region.
China fresh food consumption market segmentation has been done on the basis of product, packaging, distribution channel, end-user, and geography. Fruits and vegetable accounted for the largest market share of 57.0% in 2017 of the China fresh food consumption market. There is a continuously rising demand for fresh food and vegetables on the back of health consciousness among the consumers. Fruits and vegetables are closely followed by meat and poultry market share, growing at a CAGR of 5.5% over the forecast period. Further, It is witnessing that China has a huge population, demanding for the diverse range of food and higher quality food, but due to decreasing agricultural resources, huge import of food is expected in future.
“China Fresh Food Consumption Market Analysis” contains a detailed overview of the China fresh food consumption market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, packaging, distribution channel and end-user.
The industry research reports encompass the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of fresh food consumption market report helps the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the China fresh food consumption market discussed in the report are Alibaba, JD.com, Shanghai Luyue Industrial Company Limited, Yunnan ZhenhuangjiImport & Export Trading Co., Ltd., Shanghai Xuerong Biotechnology Co., Ltd., Bojie Group Co., Limited, Juxian Modern Organic Ginger Co., Ltd., etc.
Further, The market reports encompass the major trends & growth opportunities, market dynamics and other growth factors. The Fresh Food Consumption Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market analysis report also includes the expert analysis which provides the complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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