China Plant-Based Food & Beverages by Distribution Channel (USD Million)

Year STORE-BASED SUPERMARKETS & HYPERMARKETS CONVENIENCE STORES OTHERS NON-STORE-BASED
2019 $ 641.9 $ 370.3 $ 186.4 $ 85.2 $ 116.9
2020 $ 701.6 $ 405.5 $ 203.9 $ 92.3 $ 128.6
2021 $ 772.8 $ 447.5 $ 224.7 $ 100.6 $ 142.5
2022 $ 853.4 $ 495.0 $ 248.3 $ 110.1 $ 158.3
2023 $ 945.6 $ 549.6 $ 275.3 $ 120.8 $ 176.1
2024 $ 1051.1 $ 612.3 $ 306.1 $ 132.7 $ 196.4
2025 $ 1167.8 $ 681.4 $ 340.3 $ 146.1 $ 219.6
2026 $ 1302.4 $ 761.4 $ 379.8 $ 161.3 $ 246.2
2027 $ 1455.6 $ 852.6 $ 424.7 $ 178.4 $ 276.5
2028 $ 1630.1 $ 956.6 $ 475.9 $ 197.7 $ 311.2
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China Plant-Based Food & Beverages by Distribution Channel (USD Million)

Synopsis
The above chart is China Plant-Based Food & Beverages by Distribution Channel (USD Million)

Market Dynamics

the demand for plant-based food and beverages in china is growing due to the increasing emphasis on health and wellness, environmental sustainability, and ethical considerations. consumers in china are becoming more conscious about their food choices and are seeking out alternatives to traditional animal-based products. this has led to a rise in popularity of plant-based options, which cater to these preferences. one of the key factors driving the demand for plant-based food and beverages in china is concerns over health and wellness. with the rise of lifestyle diseases such as diabetes, heart disease, and obesity, there is a growing awareness of the importance of a balanced and nutritious diet. plant-based food and beverages are viewed as a healthier alternative to meat-based products, as they are often lower in saturated fat, cholesterol, and calories. additionally, with a large vegetarian and vegan population, there is a growing demand for plant-based options in china. another reason for the increasing demand for plant-based food and beverages in china is the growing concern for the environment and sustainability. traditional livestock farming is a major contributor to greenhouse gas emissions and deforestation, and consumers are becoming more aware of the impact of their food choices on the planet. plant-based food and beverages are seen as a more sustainable option as they require fewer resources and produce lower carbon emissions compared to animal-based products. moreover, ethical considerations are also playing a significant role in driving the demand for plant-based food and beverages in china. animal welfare is a growing concern globally, and consumers in china are also becoming more conscious of the treatment of animals in the food industry. this has led to a rise in popularity of plant-based products that do not involve the exploitation of animals and are seen as a more ethical choice. in terms of distribution channels, there is a growing demand for plant-based food and beverages in both traditional and modern retail channels in china. traditional grocery channels, such as wet markets and street markets, are still widely used for purchasing fresh produce. however, modern retail channels, including supermarkets, hypermarkets, and convenience stores, are gaining popularity due to their convenience and variety of options. the e-commerce sector is also playing a significant role in the distribution of plant-based products, with online platforms offering a wide range of options and delivering to consumers' doorsteps. in conclusion, the demand for plant-based food and beverages in china is driven by factors such as health and wellness concerns, environmental sustainability, and ethical considerations. the distribution channels for these products are also evolving, with traditional and modern retail channels as well as e-commerce platforms catering to the growing demand. as more consumers in china shift towards plant-based options, the demand for these products is expected to continue rising in the future.

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