A booming Chinese economy, with a consumer base of 10 million for processed food has created opportunities for global players. It’s found that China possesses 30 percent of the foods consumed in the world.
China aims to concentrate on the development of corn, wheat and dairy products, food additives and seasonings. There’ll be continued demand for imported poultry, cereals, fish, tree nuts and soybeans with new avenues for baking ingredients and fruit flavorings. In 2004, the market recorded total sales of $157Bn. Therefore, processed food in China is expected to grow appreciably. The growth rate would be 7 percent during 2004-09. However, there shall be softening of the economy and relative stagnation in demand in the developed regions in China.
RNCOS’ market research report “Food Processing Market in China (2005)” provides a discussion on how the availability of raw materials, changing lifestyles and flexible trade regulations has pushed the industry’s growth in the region. It also analyzes the improvements in demand and supply by the country in terms of unit sales, while talking about the obstacles in this sector.
- Comparative study of Asian food processing market vis-à-vis China.
- Country wise estimate for processed food and beverages (2004/05).
- Assessment of changes in food and agricultural import regulations and standards in China.
- Identification of the drivers in the food processing industry in China.
- Analyzing the overall investment opportunities and growth prospects in this sector.
- Challenges and threats before the food processing industry in China.
The market research report includes in its various sections a comprehensive coverage of the different business segments within the food processing industry accompanied with statistics, trends and legal framework and regulations that govern it.
During the progress of its chapters the report begins with a profile of processed food and beverage sector in China in 2005 followed by Chapter 3 making a comparative study of the market in China vis-à-vis Asia Pacific. Chapter 4 provides a discussion about the demand, production and supply of food processing of dairy products, animal products, oil and oil seeds and beverages. Chapter 5 includes a detailed discussion on the drivers of the industry. Chapter 6 talks about the burgeoning workforce and on-farm employment limits. Chapter 7 gives a study of Chinese food law, while Chapter 8 talks about the impact of Chinese food processing on the economy. Chapter 9 talks about agro-processing industries and employment trends during 2000-05 and Chapter 10 includes SWOT analysis. Chapter 11 covers the issues affecting agro-processing industries while Chapter 12 provides company profiles of top Chinese food-processing firms.
Who Should Read The Report?
This report is aimed to reach strategic planners, international marketing executives and export managers interested in food processing industry. It provides an assessment for supporting new international strategies and developments of marketing plans confined to Chinese food processing. Also, the report provides statistical inputs to support business environment, economy and trade balance of Chinese food processing industry with respect to other countries.