Research Report on Condiment Industry in China, 2014-2018
- Geography Covered
- Publication Date
Condiments in the report include monosodium glutamate, essence of chicken, soy sauce, vinegar, tomato paste and compound condiments.
The market size of condiments exceeded CNY 200 billion in China in 2013. The annual growth rate remains above 15% in recent years.
Soy sauce is the most important condiment in China with the production volume of 7.58 million tons in 2013. 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 Lee Kum Kee, occupy most of domestic market shares while other enterprises become regional brands or merge with large enterprises.
The production volume of vinegar products exhibits upward trend in China. After years of rapid development, fruit vinegar and healthy vinegar occupy certain market shares in China.
In China, monosodium glutamate industry is highly homogeneous. Manufacturers are faced with pollution treatment with various requirements for environment protection from local governments. Moreover, Chinese consumers gradually transfer from monosodium glutamate to chicken essence and chicken powder as health concern increases. Therefore, Chinese monosodium glutamate industry is faced with severe problems. The chicken essence industry is mostly seized by leading enterprises in China. Totole is very popular in East China and North China while Knorr seizes the market in South China. Enterprises in the industry have huge potential for growth due to the large market space for chicken essence products.
The market of paste and sauce products grows rapidly with uneven development in China. Most fastest-growing enterprises are located in South China and East China. Sauce products with large sales volumes are chili sauce, meat paste, tomato paste and bean paste.
Downstream of condiment industry includes catering industry, household consumption and food processing industry. As market competition becomes intense, some foreign-funded enterprises develop food solutions (professional solutions in catering industry) to update the marketing mode. Unlike the sales of traditional condiments, enterprises send out professional consultants to design menus and develop cuisines for restaurants. They instruct chefs in standardized condiments and skills to improve the efficiency. The sales of the products increase as the enterprises maintain close relations with the chefs and restaurants.
Reasons that foreign-funded enterprises focus on food solutions in China are as follows:
1. Food solutions are the strength of foreign-funded enterprises as the business is already fully developed overseas. With the rapid development of condiment market in China, it is difficult for foreign-funded enterprises to defeat famous domestic enterprises in fields of traditional Chinese condiments, such as soy sauce and vinegar, due to the strong regional features. Therefore, foreign-funded enterprises avoid direct competition with domestic enterprises through differentiation in catering industry.
2. Catering industry possesses large demand for condiments. Chain enterprises can rapidly increase the sales value through close cooperation with catering industry.
The demand for condiments keeps increasing as economy develops in China. Meanwhile, the product structure is constantly upgraded. The market concentration rate will exhibit upward trend as condiment industry integrates in China in the coming years. Enterprises will enjoy advantages in market competition with effective food solutions.
Readers can obtain the following information or more through this report:
-Government Policies of China Condiment Industry
-Development Status of Sub-industries of Condiments in China
-Sales Channels of Condiments in China
-Analysis of Major Enterprises and the Operation Status in China Condiment Market
-Competition in China Condiment Market
-Import and Export Status of Condiments in China
-Distribution of Foreign-funded Enterprises in China Condiment Market
-Development Trend of China Condiment Industry
The following enterprises and people are recommended to purchase this report:
-Manufacturers of Condiments
-Raw Material Suppliers of Condiments
-Investors/Research Institutes Concerned about China Condiment Industry
Table of Contents
1 Basic Concepts of China Condiment Industry
1.1 Definition and Classification
1.2 Features of Condiment Industry in China
1.2.1 Outstanding Geographic Features
1.2.2 Trend of Market Segmentation and Complex
2 Development Environment of China Condiment Industry, 2011-2014
2.1 Economic Environment
2.1.1 China Economy
2.1.2 Resident Income
2.2 Policy and Social Environment
2.2.1 Government Policies
2.2.2 Changes of People's Lifestyles
3 Analysis of Condiment Industry in China, 2009-2013
3.1.1 Production Capacity
3.1.2 Product Structure
3.2.1 Market Size
3.2.2 Demand in Segment Markets
3.3 Import and Export
4 Competition in Condiment Industry in China, 2011-2014
4.1 Barriers to Entry
4.2 Competition Structure
4.2.1 Competition among Products
4.2.2 Competition among Brands
4.2.3 Distribution of Foreign-funded Enterprises in China Condiment Market
4.3 Competition among Sales Channels
5 Segment Industries of Condiments in China, 2009-2013
5.1 Soy Sauce
5.1.1 Overview of Soy Sauce Industry
5.1.2 Production Volume and Production Capacity
5.1.3 Analysis of Demand
5.1.4 Market Competition in Soy Sauce Industry
5.2 Monosodium Glutamate
5.2.1 Overview of Monosodium Glutamate Industry
5.2.2 Production Capacity and Production Volume
5.2.3 Market Demand
5.2.4 Market Competition
5.3 Essence of Chicken
5.5 Compound Condiments
5.6 Sauce Condiments
6 Analysis of Raw Material Market of Condiments in China, 2009-2013
6.1.1 Overview of China Soybean Industry
6.1.2 Demand for Soybean in Condiment Industry
6.2.1 Supply of Wheat in China
6.2.2 Demand for Wheat in Condiment Industry
6.5 Oil Crops
6.7 Food Additives
6.7.1 Market Overview
6.7.2 Supply and Demand Status
6.7.3 Development Trend
7 Demand in Downstream of Condiment Industry in China, 2009-2013
7.1 Catering Industry
7.1.1 Industry Overview
7.1.2 Demand for Condiments in Catering Industry
7.2 Food Processing Industry
7.2.1 Industry Overview
7.2.2 Demand for Condiments in Food Processing Industry
7.3 Household Consumption
7.3.1 Market Overview
7.3.2 Demand for Condiments in Household Consumption
8 Consumer Behaviors in Condiment Industry in China, 2011-2014
8.1 Consumption Capacity
8.1.1 Analysis of Resident Income
8.1.2 Analysis of Consumption Structure of Condiments
8.2 Consumer Preference
8.2.1 Eating Habit
8.2.2 Concept of Diet
8.2.3 Purchasing Behavior
8.2.4 Consumption Trend
9 Major Condiment Enterprises in China, 2011-2014
9.1 Jiangsu Hengshun Vinegar Industry Co., Ltd.
9.1.1 Enterprise Profile
9.1.2 Operation Status
9.1.3 Development Strategy
(The structures of 9.2-9.8 are similar to that of 9.1)
9.2 Foshan Haitian Flavoring and Food Co., Ltd.
9.3 Shanghai Totole Seasoning Co., Ltd.
9.4 Henan Lotus Monosodium Glutamate Co., Ltd.
9.5 Shanghai McCormick Foods Co., Ltd.
9.6 Shijiazhuang Zhenji Brew Group Co., Ltd.
9.7 Lee Kum Kee International Holdings Ltd.
9.8 Shanghai Amoy Foods Group
10 Prospect of Condiment Industry in China, 2014-2018
10.1 Factors Influencing Development
10.1.1 Government Policies
10.1.2 Economic Situation
10.1.3 Food Safety
10.2 Forecast on Supply and Demand
10.2.1 Forecast on Production Capacity and Production Volume
10.2.2 Forecast on Market Demand
10.3 Discussion about Investment Opportunities
10.3.1 Segment Markets and Products
10.3.2 Capital Market
10.3.3 Related Industries
10.4 Recommendations on Development and Investment
Chart Market Size of Condiments in China, 2009-2013
Chart Production Volume of Soy Sauce by Region in China, 2013
Chart Production Volume of Soy Sauce in China, 2009-2013
Chart Production Volume of Instant Noodles in China, 2009-2013
Chart Import Volume of Soybean in China, 2009-2013
Chart Consumption of Soybean in Condiment Industry in China, 2009-2013
Chart Production Volume of Pork in China, 2009-2013
Chart Market Size of Catering Industry in China, 2009-2013
Chart Demand for Condiments in Catering Industry in China, 2009-2013
Chart Demand for Condiments in Food Processing Industry in China, 2009-2013
Chart Market Size of Household Consumption of Condiments in China
Chart Key Factors Influencing Consumers in Purchase of Condiments in Yangtze River Delta, China
Chart Major Purchase Motivation of Condiment Consumers
Chart Operation Status of Foshan Haitian Flavoring and Food Co., Ltd., 2009-2013
Chart Forecast on Market Size of China Condiment Market, 2014-2018