China Online Organic Food Market is Expected to Grow at a CAGR of More than 30% in the Future : Ken Research

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China Online Organic Food Market is Expected to
Grow at a CAGR of More than 30 in the Future
Ken Research
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• The market for organic food in China has seen a
  magnificent growth rate over the period 2010-2015
  considering the very low proportion of organic
  food consumers in the country. The growing demand
  in the healthy, non-industrialized production has
  led to the development of several subscription
  farms to cater to the demand, especially from the
  urban populations. Organic food consumption has
  been predominantly limited to the economically
  richer section of the society over the period
  2010-2015. China has currently become the worlds
  fourth-biggest consumer of organic food.
  International organic food fairs that had major
  organic nations such as Denmark, Germany and
  Australia showcasing their organic products like
  dairy, meat and wine reflect the growing
  popularity of this market outside. Also, rampant
  food scams in 2012 and 2013 led to surge in
  demand for imported organic products from foreign
  destinations like North America, EU, Denmark and
  Australia.

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• Besides, foreigners residing in the mainland have
  brought with them different food habits to the
  nation which has led to widening of the organic
  food portfolio in the nation.Organic tea market
  in China has been heavily encouraged because of
  its substantial demand in the domestic as well as
  export market. There is a high potential for
  tropical fruit market in China on account of low
  domestic production. Producers having exotic
  tropical fruits like banana, durian, pineapple,
  pamelo, star fruit, rambutan and guava in their
  product portfolio can penetrate the market.
  Additionally, fruits like strawberries, grapes,
  apples and pears have been traditionally favored
  in the market.

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• The competitive scenario in the market is quite
  fragmented with presence of around 730 companies
  engaged in organic food and beverage production.
  There are only a handful of small companies who
  have their businesses totally dedicated to
  organic production and processing. Yili and
  Mengniu are the two largest organic dairy
  companies. Hebei Qimei, Taian Taishan Asia and
  Tonys Farm are the three of the largest organic
  food manufacturers in China. The rapid growth of
  organic food and beverages coupled with the
  growing e-commerce market in China has
  incentivized many organic retailers to venture
  into the online segment of organic food and
  beverages. Most of the online retailers have tie
  ups with various producers of organic food
  whereas others operate their own online portals.
  Online stores help in saving costs as online
  retailers save considerable amount of money in
  terms of infrastructure investment. On the other
  hand, they can penetrate a huge internet customer
  base.

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• For more information on the market research
  report please refer to the below mentioned link
• https//www.kenresearch.com/food-beverage-and-toba
  cco/general-food/china-organic-food-market-report/
  29848-11.html
• Contact
• Ken Research
• Ankur Gupta, Head Marketing Communications
• query_at_kenresearch.com
• 91-124-4230204

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