China has large tractable lands providing ample source for growing food crops. The food resources are varied in number and type, widely available, and naturally grown without any adverse effects. The food products are unique in nutritional and medicinal values. China feels that these resources could be further developed so that variety could be added to the available foodstuff, which could help raise the people’s standard of living.
Recent market studies show that China has developed a strong domestic demand for dairy products, which is attracting more of the world’s dairy firms. In 2001, China imported dairy products of about 195 mt., which increased to 388 mt in 2004.
China faces some challenges in its food industry which range from meeting nutritional requirements for different consumers, increasing the availability of food with high-quality protein, vitamins and other minerals, as also providing some high-quality but low-priced food products. There is a special need for high-quality protein food in the countryside where it is sparsely available.
China targets at developing its produce of corn, wheat, dairy products, food additives and seasonings. Moreover the demand for imported poultry, cereals, fish; tree nuts and soybeans will continue to be on the rise with new growth for baking ingredients and fruit flavorings.
RNCOS, an upcoming research analyst group after undertaking an in-depth study published a market research report named “Food Processing Industry in China (2005)" in which it tells that in 2004 the Chinese food processing market accounted a total sales of RMB 444Bn. This growth is expected to remain appreciable and continue at 7% throughout 2004-09.
The market research report explains how the industry’s growth in the country has taken place with the availability or raw materials, changing lifestyles and flexible trade patterns. The report also analyzes the appreciation in demand and supply in the region with respect to unit sales while discussing the hindrances to growth opportunities for traders.
The report “Food Processing Industry in China (2005)" covers the profile of key companies in the food processing sector that includes brief profile, recent financial figures, key management profiles, and companies’ strategic moves/ press coverage for the overall market estimation and its trends.
To purchase your copy: http://www.rncos.com/Report/FB14.htm
