The retail sales value of the spicy snack food industry through the traditional channel in 2021 was around 74.6 billion yuan. In comparison, around 21.4 billion yuan worth of spicy snack food was sold through the e-commerce channel. The online retail sales value of spicy snack food is expected to spur to 43.8 billion yuan by 2026.
Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2024).
Traditional channels here mainly refer to individual-owned retail stores such as small grocery stores, non-chained convenience stores, wholesale markets, and mom-and-pop store. Modern channels here refer to supermarkets, chained convenience stores, and shopping malls.
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HKExnews. (June 28, 2022). Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel (in billion yuan) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/
HKExnews. "Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel (in billion yuan)." Chart. June 28, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/
HKExnews. (2022). Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel (in billion yuan). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/
HKExnews. "Retail Sales Value of Spicy Snack Food Industry in China in The Years 2016 and 2021 with a Forecast for 2026, by Channel (in Billion Yuan)." Statista, Statista Inc., 28 Jun 2022, https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/
HKExnews, Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel (in billion yuan) Statista, https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/ (last visited November 22, 2024)
Retail sales value of spicy snack food industry in China in the years 2016 and 2021 with a forecast for 2026, by channel (in billion yuan) [Graph], HKExnews, June 28, 2022. [Online]. Available: https://www.statista.com/statistics/1239035/china-retail-sales-value-of-spicy-snack-food-industry-by-channel/
