Market Share of China Plant-based Food and Beverages Industry
A few of the major companies in the market include Alpha Foods, Qishan Foods, Yili Group, Oatly Group AB, and Green Monday Group. The competition is increasing in the China plant-based food and beverages market with both domestic and international players foraging into the market. New product launches that include innovative flavors, improved and meat-like textures, and mergers and acquisitions with local players have been strong business strategies for market growth. The majority of the restaurants are launching and customizing vegetarian food, which may substitute for meat and dairy products and may suit the tastes and preferences of people preferring meat and dairy-based products.
China Plant Based Food and Beverages Market Leaders
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Alpha Foods
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Green Monday Group
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Qishan Foods
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Oatly Group AB
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Yili Group
*Disclaimer: Major Players sorted in no particular order
