The market is dominated by domestic suppliers, as imports account for 4.5% of total market size in 2023. Households drive market demand, with household spending representing 60.2% of total demand in 2023. China has the largest market size for coffee, tea, spices and ready meals regionally, with demand reaching USD276 billion in 2023. Cofco Corp is the largest company in China, generating 16.0% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 32.4% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 0.9% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.8% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 2.2% of total production output. With production value of USD225 billion, China accounts for 56.9% of the Asia Pacific total in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Coffee, Tea, Spices and Ready Meals in China: ISIC 1549. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coffee, Tea, Spices and Ready Meals in China: ISIC 1549 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!