A report released by CFNData shows that post-90s Chinese females, especially those born after 1995, have become the biggest consumer of snacks sold online. The report, based on data collected by Alibaba, shows that 65 percent of snack buyers are females, with most of them buying biscuits, dry fruits, nuts and chocolates…Full Article: China Daily June 2016

Key Points

  • By 2018, according to the Association of Food Industries, China’s snacks market will reach CNY 480 billion (~US$72.3 billion).
  • In 2015, snacks reportedly accounted for 30% China’s food industry sales (by volume). Most snacks sales occurred online (e-commerce) as opposed to retail stores.

ChinaAg Comment

  • From 2008 to 2013, Chinese consumption of packaged processed foods grew by 66%.

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