China Condiment Industry Production & Marketing Demand and Investment Forecast Report, 2013-2017

Current these years the condiment industry grows fast and becomes a new economic growth for food industry. The China catering industry which has a close relationship with condiment expands gradually with the macro background of “maintain growth, expand domestic demand and promote development”. The total sales amount of catering industry in 2010 is 1,591.3 billion Yuan with a year-on-year growth rate of 18%. Efficiently promoted by the fast development of catering industry, China condiment market will maintain a stable and fast growth.

Presently, China condiment is on the third development stage that the compound condiment is more and more popular. Among the condiment, the total income of soy sauce, vinegar, monosodium glutamate and sauce takes 64.7%. The soy sauce is under integration that the market share is concentrating towards big corporations such as Haday and Jiajia Food Group, and the industry grows rapidly. The development opportunities for chicken essence and chicken powder are big. Although the industry concentration degree is high, the product advantages are significant and the market prospects are optimistic. The vinegar industry is with a low concentration degree and large integration space. What’s more, it meets the big trend of healthy consumption. The vinegar derivatives are abundant but they may exploit new market segmentation and turn to be a new growth in the industry. As the competition of condiment industry is fiercer, the domestic outstanding condiment manufacturers pay more and more attention to the industry market research, especially the in-depth research of product consumers. Because of this, a large number of excellent domestic condiment brands rise up rapidly, and gradually become a leader in condiment industry!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, this report mainly analyzes the following aspects: production and development of China condiment industry; current market environment and corporations’ competitiveness of condiment industry; market demand features of condiment industry; import and export market of condiment industry; competitive landscape and trend of condiment industry; development status of major condiment product market segmentation; operational condition of condiment market up/downstream industries; leading corporations’ operational status in condiment market; development trend and prospects forecasts of condiment industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for 5 years, Forward helps you to grasp the market and development trends of condiment industry, so as to win advantages from competition!

Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, General Administration of Customs, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Condiment Industry