Industry News

When it comes to chocolate, Thailand may not be the first country that comes to mind.

According to Snack Expo, over the years, Chinese tastes have evolved because of globalization and increasing purchasing power.

China Food Exhibition analyzed that pre-prepared dishes raked in a whopping 550 billion yuan in China last year, and the industry’s rapid growth rate could see it surpass 1 trillion yuan in just a few years.

The China Dairy Market size is estimated at 73.66 billion USD in 2024, and is expected to reach 91.20 billion USD by 2029 according to China Food Exhibition.

According to Snack expo, the Candy Market size is estimated at USD 69.20 billion in 2024, and is expected to reach USD 83.46 billion by 2029, growing at a CAGR of 3.82% during the forecast period (2024-2029).

Organic Food Exhibition points out that, over the last few years, Vietnam has seen strong development in its health and wellness sectors in general, and for its organic products sector in particular.

Snack Expo has learnt that PepsiCo subsidiaries Frito-Lay and Quaker have released the fifth annual edition of the U.S. Snack Index, which outlines the snacking trends that will be shaping U.S. consumer habits in 2024.

Snack Expo in the new year, consumers will feel the crunch more than before, leaving little to no time to prepare, eat and enjoy meals, according to the fifth annual U.S. Snack Index from Frito-Lay and Quaker.