China: freshly-made beverage market size 2028 | Statista

The gross merchandise volume (GMV) of China's freshly-made beverage market reached 421.3 billion yuan in 2022, representing a CAGR of 23.1 percent from 2017 to 2022. It was estimated that the market would grow at a CAGR of 18.7 percent to around 1.18 trillion yuan in 2028. By then, the freshly-made beverage market would comprise over half of China's non-beverage market by 2028.

Gross merchandise volume (GMV) of China's freshly-made beverage market from 2017 to 2022, with forecasts until 2028 (in billion yuan)

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Release date

January 2024

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Region

China

Survey time period

2017 to 2022

Supplementary notes

*Forecast.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of February 2024).

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