I learned from the China Federation of Logistics and Purchasing that during the “14th Five-Year Plan” period, the scale of China's food industry expanded steadily, showing an overall steady growth trend. The food supply chain industry has made the leap from “extensive development” to “refined operation”. From 2020 to 2024, China's food consumption market increased from 7.77 trillion yuan to 9.46 trillion yuan, with a compound annual growth rate of 4.0%; the food distribution scale increased from 5.45 trillion yuan in 2020 to 6.21 trillion yuan in 2024, with a compound annual growth rate of 2.6%. In the first three quarters of this year, food consumption and distribution scale increased by 2.1% and 2.4% respectively, and the food consumption market is expected to break the 10 trillion yuan mark in 2025.

I learned from the China Federation of Logistics and Purchasing that during the “14th Five-Year Plan” period, the scale of China's food industry expanded steadily, showing an overall steady growth trend. The food supply chain industry has made the leap from “extensive development” to “refined operation”. From 2020 to 2024, China's food consumption market increased from 7.77 trillion yuan to 9.46 trillion yuan, with a compound annual growth rate of 4.0%; the food distribution scale increased from 5.45 trillion yuan in 2020 to 6.21 trillion yuan in 2024, with a compound annual growth rate of 2.6%. In the first three quarters of this year, food consumption and distribution scale increased by 2.1% and 2.4% respectively, and the food consumption market is expected to break the 10 trillion yuan mark in 2025.