The snack food market in China was valued at 5.37 billion USD in 2015 (calculated in retail selling prices). From 2015 to 2019, it grew at a compound annual growth rate (CAGR) of 7.61% to reach 7.21 billion USD. The market is segmented into other savory snacks, nuts and seeds, and potato chips. In 2019, the segments recorded shares of 55%, 38%, and 7%, respectively.
In 2015, the per capita consumption value of snack food in China was 3.85 USD (in retail prices). Until 2019, the consumption grew at a CAGR of 7.12% to reach 5.07 USD. That was lower than the average value for Northeast Asia, whose per capita consumption of snack food was equal to 45.42 USD.
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