三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Instant nourishers gain strength

By Wang Zhuoqiong | China Daily | Updated: 2017-11-06 07:21

China's instant food market, where noodles and frozen food reigned supreme once upon a time but fell upon bad times due to the rise of food delivery firms, is not only recovering but set to grow rapidly again.

Making that happen is a combination of new pricing strategies, novel flavors, rising health consciousness among consumers and technological innovations in the industry.

The first signs of recovery in five years came from Uni-President China Holdings Ltd's financial report for the first half of this year.

The instant noodles business of the group recorded a healthy revenue of 395.4 million yuan ($59.9 million). Although down 1.4 percent year-on-year, the fourth consecutive such drop, its key brand Soup Daren grew rapidly.

The group continued to lead the market segment in which products are sold at 5 yuan and above. It further optimized its product structure, which marked a big step toward industry upgrading.

In recent years, the emergence of food delivery services, availability of express trains and consumption upgrade had impeded the growth of the instant noodles segment.

Jason Yu, general manager of Kantar Worldpanel China, a market research firm, said the segment grew by 1.2 percent last year, while the first-half growth this year was 4.9 percent. "The rebound is obvious, prompted by the high-end products."

However, according to the Instant Noodles Report of Mintel Group Ltd released in January, the segment in China has continued to shrink, declining by 1.3 percent during 2014-16, as consumers became more and more health-conscious.

The declining working-age population and migrants, who used to be heavy buyers of instant noodles, also hurt over the last few years.

This has had a particularly adverse impact on Master Kong, a company that commands more than half of the market share.

In 2016, Master Kong's instant noodle unit earned a revenue of $3.2 billion, down 25 percent from that of 2013. Master Kong's net profit in the first quarter of this year has seen slight growth, but that came after it shrank its workforce by 15,000 in three years.

Uni-President and Master Kong together command a more than 70 percent of market share, and the top four account for nearly 85 percent of the market.

Uni-President has found that instant noodles are no longer bought by hungry consumers. Young consumers buy them to enjoy exotic flavors or to stay healthy.

High-end instant noodles still enjoy a price advantage over some takeout foods, but the two categories serve different purposes for consumers; and instant noodles will become complementary to the food delivery market soon, said Yu of Kantar.

High-end instant noodles priced more than 5 yuan have become the industry's answer to consumer demand for better quality food, he said.

In comparison, medium and low-end products' market shares and prices have continued to drop and could be phased out of the market, he said.

Yang Shouzheng, general manager of Uni-President China, said: "Sales of instant foods priced more than 5 yuan have seen double-digit growth."

The overall instant foods market, which had a market value of 391.5 billion yuan by the end of last year, grew 5.55 percent year-on-year in 2016.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 久久中文字幕综合不卡一二区 | 国产精品亚洲综合 | 国产视频精品免费 | 亚洲欧美91| 大乳女人做受视频免费观看 | 九九热精品视频在线播放 | 国产精品亚洲精品日韩己满十八小 | 三级视频在线播放 | 国产11一12周岁女毛片 | 黄网站色年片在线观看 | 色花堂国产精品第二页 | 一道本一区二区三区 | 国产福利午夜自产拍视频在线 | 国产日韩在线播放 | 国产三级在线播放不卡 | 成人情趣视频无遮掩免费 | 国产成人十八黄网片 | 免费成人福利视频 | 久久精品国产999久久久 | 亚洲伊人影院 | 精品一久久香蕉国产二月 | 亚洲精品中文字幕乱码 | 欧美片能看的一级毛片 | 一区不卡视频 | 国产免费看片 | 黄色一级视频在线观看 | 黄色免费看网站 | 国产欧美在线播放 | 国产网站视频 | 九九在线偷拍视频在线播放 | 亚洲精品久久久久网站 | 99久久免费看精品国产一区 | 黄色在线| 亚洲精品一区久久狠狠欧美 | 一级视频在线免费观看 | 欧美一区二区三区免费 | a性视频 | 天天综合色网 | 在线观看国产精品日本不卡网 | 亚洲精品国产高清不卡在线 | 午夜dy888理论三级 |