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Research Report on China's Spice Market
Beijing Zeefer Consulting Ltd., Feb 2009, Pages: 110
This report presents a full view of China’s spice market, provides analysis and suggestions on how to enter this big market in China. The report includes an analysis on market share, competition, key players, market segmentation, import & export changes, sales channel, buyer’s behaviour, entry barriers, industrial environment and policy trends. The report introduces the procedure for exporting products to China, the Chinese inspection & standards system, a list of major importers & agencies, annual trade fairs in China and provides full forecasts to 2010 and key statistical data.
Through this research report, readers will know who the major players in China’s spice market are, what the market entry opportunities and barriers are, where the right place to sell products is and how many countries / regions export their products to China and where they go.
In recent years, driven by the catering industry and the food processing industry, the scope of China’s condiment industry has gradually increased. The leading enterprises in the Chinese condiments sector are Haitian (sauce), Lianhua (monosodium glutamate), Totole (essence of chicken) and Hengshun (vinegar).
According to statistics from the Chinese Center for National Accounting and Economic Growth, from January-June 2008, the condiment and fermented products manufacturing industry obtained a total industrial output of 52.769 billion Yuan, up by 27.83% over the same period of the previous year. The import and export trade of condiments has maintained a constant increase. From January-September 2008, the import sum and export sum of China’s condiments was 77 million USD and 738 million USD respectively.
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