The soon-to-expire food industry in China is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025, according to a report released last week by iiMedia Research Consulting. Photo: EPA-EFE
The soon-to-expire food industry in China is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025, according to a report released last week by iiMedia Research Consulting. Photo: EPA-EFE

China’s food security concerns boost soon-to-expire trend, industry set to be worth US$6 billion by 2025

  • China’s soon-to-expire food industry is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025
  • Soon-to-expire foods are still within their use by date, but are sold at grossly discounted prices, and have attracted the attention of younger consumers

The soon-to-expire food industry in China is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025, according to a report released last week by iiMedia Research Consulting. Photo: EPA-EFE
The soon-to-expire food industry in China is expected to grow from a market size of 31.8 billion yuan (US$5 billion) in 2021 to 40.1 billion in 2025, according to a report released last week by iiMedia Research Consulting. Photo: EPA-EFE
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