Food & Beverage

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%; products priced CNY 5-8 keep a growth of  15% and soy sauce brands priced over CNY 8 grow…

Read More