Food & Beverage

Market Overview of Chinese Wine Market

Wine is an alcoholic beverage with the alcohol by volume ranging from 10% to 15% typically made from fermented juice obtained and extracted by squeezing and crushing various types of grapes. It is produced by fermenting crushed grapes with various types of yeast. Yeast consumes sugars in the grapes and converts them into alcohol. Wine is usually made using various types of grapes, including Pinot Noir, Chardonnay, Cabernet Sauvignon, Gamay, and Merlot.   In the past two decades, with the rapid economic growth and the increasing disposable income in China,…

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Food & Beverage

Overview of E-cigarette Market

Market Size of E-cigarette in Global Market E-cigarette has emerged as an innovated electronic consumer product with the continuous growth of market acceptance. The global e-cigarette market is currently in the growth stage of development. According to Frost & Sullivan, the global e-cigarette market in terms of retail revenue grew from USD 5.1 billion in 2011 to USD 17.7 billion in 2016, at a CAGR of 28.5%. It is expected to grow at a CAGR of 25.5% from 2017 to 2021 and to reach USD 60.9 billion in 2021. The…

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Food & Beverage

Export Value of Coffee from Vietnam Reached USD 3.21 Billion, 2017

According to CRI’s information from the Vietnamese government, the export volume of Vietnamese coffee was about 1.42 million tons in 2017. The export value reached USD 3.21 billion. Germany and the U.S. are the first two major export destinations of Vietnamese coffee. Many years ago, Major agricultural exports from Vietnam were rice, rubber, etc. In recent years, however, traditional products such as rice have been overshadowed by coffee with the rapid increase of coffee export. Coffee planting industry in Vietnam started 150 years ago, with coffee trees introduced by French…

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Food & Beverage

China Instant Noodle Market

Overview of the PRC instant noodle market The PRC instant noodle market is the largest instant noodle market in the world. Nevertheless, due to certain negative incidents in relation to food safety, increasing popularization of online food take-out platforms and the general increase in product prices, the growth rate of the retail sales value of the PRC instant noodle market decreased by 7.0% and 0.8% in 2015 and 2016, respectively. Overall, the retail sales value of the PRC instant noodle market increased from approximately CNY80.0 billion in 2012 to approximately…

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Food & Beverage

China’s Seafood and Algae Industries

In recent years, China’s seafood and algae industries have experienced rapid development with the types of products being increasingly diversified and the industry chain being gradually extended. The retail sales value of China’s seafood and algae grew at a CAGR of 8.2%, from approximately CNY 219.6 billion in 2011 to approximately CNY 325.8 billion in 2016, of which (i) approximately 52.0% were attributable to frozen seafood; (ii) approximately 12.7% to dried seafood; (iii) approximately 10.7% to algae; (iv) approximately 4.9% to seafood snacks; and (v) the remaining proportion of 19.7%…

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Energy & Chemicals Food & Beverage

Overview of China’s Urea Market

Urea has a wide range of applications. Its main use in agricultural applications is to act as an effective neutral nitrogen fertilizer. Industrial uses of urea are rapidly growing owing to its wide applications, as raw materials for the synthesis of polymers are necessary for producing formaldehyde resin, which is then used to manufacture plastics, coatings and adhesives. Urea can also be used in cosmetics as a moisturizer and it is a common ingredient in skin care and personal care products, such as face cream, shampoo, hair conditioner and hand…

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Food & Beverage

Forecast on Beef Import of China, 2017-2021

Meat food market is currently in a decentralized model of competition due to the low concentration ratio in the market. It is estimated by Ministry of Agriculture of the PRC that meat food demand will reach 100 million tons in 2020, while the production volume can only realize 90 million tons, leaving a gap of 10 million tons to be bridged by import. Future competition pattern of beef market: a beef market competition pattern centered in Henan, Shandong, Hebei, Inner Mongolia, Liaoning, Jilin, Xinjiang, Sichuan and Yunnan will emerge in…

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Food & Beverage

Analysis on Import Structure of Beef in China

Structure of China’s Imported Beef by Country Australia, Uruguay and New Zealand are the top three in import origins of beef in China. There are more imports from Australia and New Zealand because China signed “New Free Trade Agreement”  with New Zealand and signed “Free Trade Agreement” with Australia. According to “New Free Trade Agreement”, from the beginning of 2016, the tax rate of beef and its products imported from New Zealand and Australia would be reduced to zero; according to the latest “Free Trade Agreement”, tariffs on imported Australian…

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Food & Beverage Medical & Healthcare

Analysis on China Porcine Reproductive and Respiratory Syndrome (PRRS) Vaccine Market

In 2016, the PRRS positive rate was high in China: Henan had the highest positive rate hitting 70% and was followed by Hunan and Hubei, 66% and 65% respectively. Guangdong had the lowest rate nearly 50%. The PRRS was popular throughout China and this detection covered many areas in East China and South China. Large-scale farms are sensitive and active in epidemic prevention due to high stocking density and fast epidemic spreading. They become the major demand sides in the PRRS market since they concern the effect and are not…

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Food & Beverage

Analysis on Status and Demand in Infant Formula Market

There are about 17 million infants in China annually. Assuming that 80% of the infants are breastfed, the rest 20%, namely 3.4 million infants need infant formula. At present, annual production volume of infant formula ranges from 80,000-120,000 tons while annual market demand is about 300,000 tons, and therefore annual demand for infant formula is in a shortage of about 200,000 tons. 1 Overall Infant Formula Market Declines while Demand for High-end Infant Formula Grows. China’s consumption of milk powder declines slightly on the whole. China’s monthly consumption per capita…

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