According to a senior analyst from Renub Research, who worked on report titled China Organic Food Market by Segments (Baby Formula, Baby Food, Beverages, Dairy, Oils & Fats, Fresh Produce), Distribution Models, Company-- China Organic Food Market is projected to surpass US$ 13 Billion by the end of the year 2024 due to rising demand of organic food over conventional food grains & vegetable.
China is the largest food consuming country because of high population. So, organic food producer is quite optimistic about market although demand of organic food in China has been rising over period of time. Organic food is produced in organic farm by certain standard technique, which may be varying over country. But, the basic approach is same; the product must not use any kind of chemical material like pesticides, insecticides and fertilizers. Moreover, organic food product is never processed using food additive or any chemical.
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Factors Driving the Market
The numbers of significant factors that will foster the organic food market in China are; rising per capita income of Chinese people, improving standard of living, people awareness about health and preference for organic food over conventional one, rising pollution level is also shifting the mind of people toward organic food. The factor that will hinder the market is cost of organic food in China is quite expensive.
By Segments: This would explain China organic food market by segments: Baby Formula, Baby Food, Beverages, Dairy, Oils & Fats, and Fresh Produce. Organic dairy would be one of the most significant segments that will also dominate the market landscape.
By Distribution Models: This report helps the reader to understand the framework of distribution models; hypermarkets, supermarkets, others grocery retailers, independent small grocers, internet retailing, direct selling, forecourt retailers market are comprehensively mentioned in the report. The combine market share of Hypermarkets & Supermarkets will holds the major share in the market place.
By Company: The top competitive key player of organic food market in China are; Inner Mongolia Yili Industrial Group, Inner Mongolia Mengniu Dairy, Inner Mongolia Shengmu Organic Milk, Abbott Nutrition International (China), Bellamy's Organic Food Trading (Shanghai) Co., Ltd, Hain Celestial Group, Ausnutria Dairy (China) Company Ltd, Others. This report also provides various information related to companies like overview, sales analysis and milestone achieved etc.
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Key Topics Covered :
1. Market Definition
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
5. Policy: - China Organic Food Market
6. China Organic Food Market Analysis
7. Market Share -- China Organic Food
8. Segments -- China Organic Food Market
9. Distribution Models - China Organic Food Market
10. Mergers and Acquisitions
11. Company Sales - China Organic Food Market