China Condiment Industry 2015 - New Research Report

1
China Condiment Industry Report,
2013-2015byResearch In China

• Explore all reports for Food Beverage market
  _at_ http//www.chinamarketresearchreports.com/cat/fo
  od-beverage.html .

2
China Condiment Industry Report, 2013-2015

• The collection of Food Beverage market
  research reports has a new addition of China
  Condiment Industry Report, 2013-2015On
  chinamarketresearchreports.com . Being optimistic
  about the prospect of Chinese condiment market,
  Danone, Nestlé, Unilever, Hormel Foods, McCormick
  and other foreign companies through mergers and
  acquisitions, direct investment or joint ventures
  have in succession entered the Chinese condiment
  market. On January 4, 2013 Hormel Foods acquired
  Unilever's Skippy? Brand Peanut Butter (including
  the facilities in Little Rock, Arkansas, USA and
  Weifang, China) with US700 million on May 31,
  2013 McCormick (Wuhan) Food Co., Ltd., a
  wholly-owned subsidiary of McCormick completed
  the asset acquisition of Wuhan Yatai Seasoning
  Food Co., Ltd. with US147 million to get the
  latter's chicken essence brands "DaQiao" and
  "ChuShiLe", making strong entry into Central
  China.
• Chinese condiment mainly refers to soy sauce,
  vinegar and similar products, monosodium
  glutamate (MSG), etc
• Inquire for a discount on this report _at_
  http//www.chinamarketresearchreports.com/contacts
  /inquiry.php?name114691 .

3
China Condiment Industry Report, 2013-2015

• In 2008-2012 Chinese condiment industry revenue
  grew at a CAGR of 17, of which, soy sauce and
  vinegar sector as the main driving force grew at
  a CAGR of 23.
• Benefiting from the household consumption upgrade
  as well as the rapid development of catering
  industry and food production, the Chinese
  condiment industry prior to 2015 is expected to
  maintain a growth rate of above 20. In 2013
  Chinese condiment (including only soy sauce,
  vinegar and the like, MSG) industry revenue
  climbed 21.8 YoY to RMB131.19 billion.
• Chinese soy sauce production reached about seven
  million tons in 2012, a year-on-year increase of
  3.7 6.1 million tons in January-October 2013, a
  year-on-year increase of 8.1. In 2012 China's
  four major soy sauce brands by output HaiTian,
  MeiWeiXian, Lee Kum Kee and JiaJia accounted for
  total market share of 30.5.
• Complete report available _at_ www.chinamarketresearc
  hreports.com/114691.html .