Eurasia Consult scans the food news from China on a daily basis.

On this page, we regularly drop a few lines of what we believe to be interesting information picked up during all that scanning. We will select items that do usually not reach the international media. We will make an effort to start with a clean page each Monday.

Update 6/5/2024

• The value of the Chinese market for meal replacers has increased from RMB 5.82 billion in 2017 to RMB 175 billion in 2023.
• The value of the market for TCM nutritional syrups has increased from RMB 4.232 billion in 2017 to RMB 6.328 billion in 2022.
• A probiotics research lab has opened in Tianjin.
• The scale of China’s coffee industry has reached RMB 265.4 billion yuan in 2023.

Update 7/5/2024

• Bright Dairy (Shanghai) has generated a turnover of RMB 26.485 billion in 2023; down 6.13%.
• Sanyuan Dairy (Beijing) has generated a turnover of RMB 7.842 billion in 2023; down 1.38 %.
• Terun Dairy (Xinjiang) has generated a turnover of RMB 2.714 billion in 2023; up 65.71%.
• The value of the 2023 Chinese market for nuts and preserved fruits was RMB 1.462 billion and is expected to increase to RMB 3.353 billion by 2028.

Update 9/5/2024

Turnover of major Chinese condiment makers in 2023

Brand	Turnover (RMB bln)	growth (%)
Haitian	24.56	-4.10
Qianhe	3.207	31.60
Jiajia	1.454	-13.78

Update 10/5/2024

• Statistics show that Chinese sales of instant noodles have decreased 2.4% in the first 11 months of 2023.
• 2023 turnover of China’s top 5 dairy companies

Company	Turnover (RMB bln)	Growth (%)
Yili	126.179	2.44
Mengniu	98.624	6.51
Bright	26.485	-6.13
Feihe	19.532	-8.35
Youran	18.694	3.56

2023 turnover of China’s top 5 frozen snacks companies

Company	Turnover (RMB bln)	Growth (%)
Anjing	14.045	15.28
Sanquan	7.056	-5.08
Huifa	1.997	26.31
Qianwei	1.901	27.67
Haiqin	1.716	5.86

2023 turnover of China’s top 5 meat companies

Company	Turnover (RMB bln)	Growth (%)
Wenshi	89.921	7.4
Shuanghui	60.097	-4.2
Wanzhou	26.236	-6.75
Meiling	22.367	-10.49
Shengnong	18.487	9.93