Development Trend of China’s Condiment Industry 2017

1. Growth rate of condiment industry slowed down and gradually recovered in 2016. Major sub categories of condiment industry in China are sauces and vinegars in which soy sauce is the major product for its important role in family consumption and catering industry and it is a necessity in life with rigid demand. During Jan-Jul, 2016, growth rate of soy sauce output volume was 0.16%, a relatively small figure. There are three product categories of soy sauce industry in China: high-end soy sauc...
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Three Opportunities in China Condiment Industry, 2017

Condiment Industry, as a fiercely competitive industry, shows development trend of optimizing and adjusting industrial structure and raising brand concentration ratio now. Competitions between enterprises are no longer in production and sales scale but in satisfying growth and changes of consumer demand. High-end Condiment According to the industry investigation and survey, consumption of soy sauce priced lower than CNY 3 declines, whereas products priced CNY 3-5 keep a growth of 10%; p...
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China Soy Sauce Industry Overview, 2017-2021

Source: http://www.shcri.com/food/33368-china-soy-sauce-industry-overview-2017-2021.html Soy sauce is the leading product in China's condiment industry with the largest annual output volume, presenting huge potential for growth. In recent years, China's soy sauce output volume has been constantly increasing. It exceeded 10 million tons in 2016 according to CRI market research. In the past few years, in terms of output volume, leading enterprises were Foshan Haitian Flavoring & Food Co....
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Research Report on Condiment Industry in China, 2011-2020

Source: http://www.shcri.com/food/33275-research-report-on-condiment-industry-in-china-2011-2020.html In 2015, market size of condiments in China surpassed CNY 200 billion. Annual growth rate has remained above 15% in recent years. Soy sauce is the most important condiment in China with output volume exceeding 9 million tons. There are hundreds of soy sauce manufacturers in China. Chinese soy sauce industry is in the phase of bipolar differentiation. Major enterprises, such as Haitian and ...
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