| Label | Store-Based | Non-Store-Based |
|---|---|---|
| 2018 | 799.5 USD Mn | 145.6 USD Mn |
| 2019 | 882.3 USD Mn | 161.7 USD Mn |
| 2020 | 973.9 USD Mn | 179.6 USD Mn |
| 2021 | 1074.7 USD Mn | 199.4 USD Mn |
| 2022 | 1185.9 USD Mn | 220.9 USD Mn |
| 2023 | 1308.1 USD Mn | 244.4 USD Mn |
| 2024 | 1441.4 USD Mn | 271.1 USD Mn |
| 2025 | 1588 USD Mn | 300.2 USD Mn |
| 2026 | 1749.4 USD Mn | 332.3 USD Mn |
Data Source: Wantstats Repository
The China Plant-Based Food Market has been on the rise in recent years due to the growing demand for healthier and more sustainable food options. This trend is driven by an increasing number of Chinese consumers who are becoming more health-conscious and are looking for plant-based alternatives to traditional animal-based products. As a result, the plant-based food market in China is witnessing a surge in demand, leading to the evolution of different distribution channels to cater to the needs of this growing consumer base. The distribution channels for plant-based food products in China can be broadly divided into four categories - online retail, supermarkets and hypermarkets, convenience stores, and specialty stores. Each of these channels plays a unique role in the distribution of plant-based products and caters to a different segment of the market. Online retail is one of the fastest-growing distribution channels for plant-based food products in China. With the increasing adoption of e-commerce and online shopping, many plant-based food brands have started to focus on selling their products through online platforms.
The convenience of ordering from home, wide variety of options, and competitive pricing are some of the factors that have contributed to the popularity of online retail for plant-based food products. Supermarkets and hypermarkets also play a crucial role in the distribution of plant-based food products in China. These modern retail formats provide a one-stop shopping experience for consumers, allowing them to access a wide range of plant-based food products in one place. With the increasing availability and promotion of plant-based products in these stores, consumers are more likely to try and purchase these items, leading to an increase in demand. Convenience stores, on the other hand, cater to the on-the-go needs of consumers and are an important distribution channel for plant-based food products. These stores offer a range of plant-based snacks and ready-to-eat meals, providing convenience to busy consumers and expanding the reach of plant-based products. Specialty stores, such as health food stores and organic stores, are also gaining popularity as a distribution channel for plant-based food products. These stores cater to consumers who are specifically looking for healthy and sustainable food options, making them an ideal platform to showcase and sell plant-based products.
In conclusion, the distribution channels for plant-based food products in China are constantly evolving and adapting to cater to the growing demand for healthier and more sustainable food alternatives. With the support of different distribution channels, the plant-based food market in China is set to witness further growth and expansion in the future.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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China Plant-Based Food Market, By Distribution Channel
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