Freshly-made drinks' share of GMV of China's non-alcoholic beverage market 2017-2028
It was projected to grow further at a CAGR of 18.7 percent from 2022 to 2028, comprising 50.3 percent of China's non-beverage market by 2028.
In 2022, freshly-made drinks made up 32.6 percent of China's non-alcoholic beverage market in terms of gross merchandise volume (GMV). The freshly-made beverage market had seen steady growth since 2017, when its GMV was only 148.8 billion yuan.