Online Retailers Have Boosted Demand for Organic Food in China: Ken Research
·
China Organic Food Market is expected to reach
USD 9 billion by 2020
·
In lieu of heavy deficit of resources and
know-how, there is a huge requirement of professional organizations that are
specialized in organic farming. Thereby, there is a huge potential for advisory
services as well as staff training, at both governmental and corporate level.
·
Relatively higher gross margins as compared
to conventional foods will encourage higher investments into the organic food
market, thereby enlarging the market size over the years.
Ken
Research announced the latest publication on “China Organic Food Market Outlook to 2020”
which provides a comprehensive analysis of the organic food market in China.
The report covers various aspects such as market size of China organic food market
and segmentations on the basis of online and offline modes. The report provides
segment-wise information of China organic food market. This report also offers
prevalent trends and developments in industry, Porter’s analysis and challenges
in the industry. The competitive landscape of the industry, in which the
information related to the players operating in this industry, has been
comprehensively presented. Moreover, the report offers information regarding
the business models operating in the market along with the major macroeconomic
indicators affecting the market. The report is useful for existing organic food
manufacturers and processors, importers and exporters of organic food, consultants,
small and big retailers including online companies operating in the market. The
report will also be of utmost importance to new players looking forward to
venture the market.
The organic food
market in China has witnessed commendable growth over the period 2010-2015. The
growth of this sector has been majorly driven by increasing food safety
concerns and rising number of retailers offering organic variants in lieu of
higher margins on these products. Chinese food market has been hit by a series
of food scandals in the past few years. The rich urban population has gradually
shifted to safe organic food while the young middle-class population looks to
be the potential target customer base for the mushrooming lot of organic
retailers in the People’s Republic of China. Steady rise in the number of
online retailers catering to the expat population and sustained efforts to
organize the supply chain network has made the market attractive for
prospective stakeholders. The online retailers with their flexible and
efficient delivery options have bolstered the market in the last few years.
The largest
revenue generating segment of the market has been organic vegetables. As far as
purchasing channels are concerned, organic food sales through
hypermarket/supermarkets accounted for the largest share in 2015. Shanghai
accounted for the major proportion of overall organic food sales in the country
in 2015. The online market for organic food has also been a growing segment in
2015.
According to the
research report, the China organic food market is
expected to record revenue of INR 9 billion by 2020 due to more players
entering the market and rising use of online organic food portals by institutions
and individual alike.
“Government support coupled with high demand-supply gap
in the segment will stimulate this niche market. Rising organic acreage and
consolidations in supply chain will act as a major business enabler. However,
the market will be constrained by the high organic certification costs and
standardization issues pertaining to imported and domestic produce. Further, it
is important for new entrants to adopt differentiated business models and smart
pricing strategies to stand out in the market.”, according to the Research Analyst,
Ken Research.
Key
Topics Covered in the Report:
·
China Organic Food
Market Introduction and Size
·
Value Chain Analysis of China Organic Food
Market
·
Growth Drivers and Challenges in China
Organic Food Market
·
Trade Scenario of Organic Food in China
·
Specialty Shops for Organic Products in
China
·
Regulations and Role of Government in China
Organic Food Market
·
Organic Food Certification Bodies in China
·
Consumer Profile in China Organic Food
Market
·
China Organic Food Market Segmentation
o
By Source of Procurement (Domestic and
Imports)
o
By Rural and Urban Demand
o
By Distribution Channels
(Supermarket/Hypermarket, Online, Small Grocery/Retail/Specialty Stores,
Community Supported Agriculture (CSA) and Others)
o
By Type of Organic Food (Vegetables, Grain,
Tea, Fruits, Aquaculture, Livestock, Vegetable Oil, Processed Food and Others)
o
By Demand from Major Provinces (Shanghai,
Beijing, Shenzhen, Guangzhou and Others)
·
Market Share of Major Players in the China
Organic Food Market
·
Company Profile of Major Organic Food
Manufacturers in China
·
China Online Organic Food Market
Introduction and Size
·
Business Models Prevalent in China Online
Organic Food Market
·
China Online Organic Food Market
Segmentations
o
By Mode of Placing Order (Mobile and
Desktop)
o
By Weekday and Weekend Orders
·
China Online Organic Food Market Future
Outlook and Projections
·
China Organic Food Market Future Outlook
and Projections
·
Analyst Recommendation
·
Macro Economic Variables Impacting the
China Organic Food Market
Key
Product Mentioned in the Report
Organic Vegetables (Leafy Vegetables, Mushrooms,
Tuberous Root Vegetables)
Organic Grain (Rice, Legumes and Pulses, Wheat)
Organic Tea (Green Tea, Oolong Tea)
Organic Fruits (Strawberries, Grapes, Apples, Pears and
Others)
Organic Aquaculture (Crab, Fish, Shrimp)
Organic Livestock (Dairy Products, Meat and Egg)
Organic Vegetable Oil (Soybean, Tea Oil, Sunflower
Seeds)
Organic Processed Food (Dried Fruits, Frozen
Vegetables, Can Vegetables)
Companies
Covered in the Report
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KangGang Food
Development Co. Ltd.
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Sino Agro Food
Inc.
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Inner Mongolia
Yili Industrial Group
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China Minzhong
Food Corporation Limited
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Jiangxi
Jinyuan Agriculture Development Co. Ltd.
-
Taian Taishan
Asia Food Co. Ltd.
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Zhejiang
Caiyunjian Tea Co,Ltd
-
BIOFarm
Online Companies
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Fields China
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Tony’s Farm
-
Epermarket
Related Reports:
China Cooking Oil Market Prospects to 2018 - Upgrading
Agro-Economic System to Forerun Market
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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