From larou to jamón: China’s cured meat market amid domestic dominance and global allure
Created as a way to prevent decomposition and facilitate the transportation of food, the cured meat market in China preserves an age-old tradition. In 2023, it reached a revenue of more than RMB 61 billion (USD 8.4 billion) and is expected to have a year-on-year increase of 8% by 2024. Cured meats are more than […]
Vegan meat in China: One of the largest markets despite less than 5% of the population being vegan
Over the last decade, veganism became increasingly popular in the West, which has led to the rapid development of meat alternatives. However, imitation meat, which is sometimes seen as a healthier substitute for animal meat, is not a new concept, especially in China. With the rising health-conscious among Chinese consumers, the plant-based meat market has […]
Meat snacks in China: Meat rose from 14% to 21% of country’s snack consumption in 2020 alone
According to a report from Pacific Securities, the share of meat snacks in the overall snack market in China increased from 13.5% to 21.5% in 2020, marking a huge jump 10% in 2017. The surge in meat snack consumption in China is partly attributable to a change in consumer eating habits during the COVID-19 pandemic. […]
The meat market in China: Pork making way for the growth of Beef
The meat market in China is the second largest sector in the country’s retail food market, after the fresh vegetables sector. However, it is one of the last to be affected by the development of new retail. Much of the meat sold in retail outlets are sold at traditional wet markets, most of which are in open-air market […]
Red meat imports in China: France and USA step into the game
Will the increasing red meat imports in China be able to feed the growing Chinese appetite for beef and sheep meat? This question is especially relevant as China banned many countries from exporting meat to China after scandals like the bovine spongiform encephalopathy (BSE) crisis in the 1990s in Europe or in the US in […]
[Infographic] The beef meat industry in China
The Beef meat industry in China: Why China needs US production On 22 September 2016, Chinese officials announced that the embargo instituted after an outbreak of “mad cow disease” (also called bovine spongiform encephalopathy, BSE) in the United States in 2003 was partially lifted. Some American beef is making a comeback onto the plates in […]
China’s Beef Market: Industry Highlights
China’s market for beef has great potential. Due to the high demand of consumers, retail channels are creating new demands. International actors are also playing their role in order to find the best place to capitalize on new market trends. Chinese companies are also known to integrate into the global market by actively making outbound […]
Australian meat market in China
Australian meat market in China Australian red meat exporters are comfortably entrenched as one of the biggest providers for the Chinese market. Despite significant projected changes to the local economy, the dominant share of Australian meat market in China is expected to remain true through to 2020 and beyond. V&V Walsh’s recent A$1 billion deal […]