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Company Study of Angel Yeast Co., Ltd, 2009-2010
Research In China, April 2010, Pages: 21
Yeast is mainly applied for food ferment, seasonings and feedstuff additives. It is estimated that, in 2009, China’s yeast market capacity was about 367-443 kilotons while the output of yeast was 200 kilotons or so. China’s output capacity of yeast is mainly centralized in Angel Yeast, Lesaffre and AB Mauri, the output capacity of which occupies 80.5% of the total capacity. Angel Yeast Company is of the largest scale.
In 2009, the output capacity of Angel Yeast reached 91 kilotons, accounting for about 45% of China’s total output capacity of yeast. In September, 2009, Angel Yeast expanded its production line with the annual output of 15 kilotons in Chongzuo, Guangxi; promisingly, the company’s annual output capacity of yeast can reach 106 kilotons when that production line puts into production in 2011.
In recent years, Angel Yeast has speeded up its overseas expansion, which can be reflected in its great increase of export business. Since 2006, the export business of Angel Yeast has experienced rapid growth, and in 2009, the year-on-year growth rate of export revenue was high up to 53.6%. The export revenue of Angel Yeast in 2009 accounted for 39.3% of its prime operating revenue, an increase of 6.4 percentage points compared with 2008.
Besides increasing sales in overseas market, Angel Yeast also invested and established factories in foreign country so as to expand its market share overseas. On December 5, 2009, Angel Yeast reached an agreement with its subsidiary-Angel Binzhou to set up a production base in Egypt, and the produced products would be sold to the Middle East, Africa and Europe.
This report mainly analyzes the development status, capacity planning, developing strategy, etc. of Angel Yeast in 2009 and 2010; and it also covers the competitive edge and disadvantage of Angel Yeast based on the development of China yeast industry and the output capacity of competitors.
This title is also available in the following language
Company Study of Angel Yeast Co., Ltd, 2009-2010 (Chinese Version)
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