The increasing urbanisation and rising
income levels, have led Chinese consumers to shift their diet that was
traditionally centred around grains and vegetables to focus on meats. The country has been witnessing steady growth
in beef consumption over the last few years, moving away from the custom of
reserving the consumption of beef for special occasions.
The domestic beef production is unable
to meet the growing demand, making it imperative for the country to allow
significant increase in imports to cover the supply gap. The country is
steadily increasing the number of trade partners that can supply beef to fulfil
the rising Chinese demand. China consumes approximately 5.6 million tons of
beef a year. The per capita beef consumption is 4-5 kgs which is a fifth of the
global average.
Although pork (accounting for 65% of meat
consumption) and poultry (accounting for 22% of meat consumption) still remain
staples for the Chinese, they are now looking for higher quality meat owing to
a string of food safety scandals in the country. Global suppliers are viewing
China’s beef sector as a huge opportunity.
Why
should the report be purchased?
The report "Assessment of China’s Beef Market” highlights key drivers of and
trends emerging in China’s beef market. The current market scenario and future
prospects of the sector has also been examined. Opportunity in the sector for
international players has also been dwelt upon. The report contains latest
industry leaders verbatim.
Research
methodology
Smart Research Insights has conducted in
depth secondary research to arrive at key insights. Data collected from various
industry sources has been analyzed impartially to present a clear picture of
the industry. All recent developments which impact the sector dynamics have
been captured and used to support the research hypothesis.
Spanning over 30 pages, “Assessment
of China’s Beef Market” report covering the Introduction: Meat
Consumption in China, China Beef Market, Trends & Drivers, Key Beef
Exporters to China, Industry Challenges, Outlook, Research Methodology.
For
more information visit at: http://mrr.cm/Z8R
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