Food Market In China - Market Brief

Page 77

www.AllChinaReports.com Industry Reports & Market Research

FROZEN AQUATIC PRODUCTS PROCESSING MARKET IN CHINA According to Zeefer Consulting's research report - China Frozen Aquatic Products Market Report and calculated according to Zeefer China Market Size formula, China frozen aquatic products processing market size in 2009 exceeded RMB 100 billion, a growth of more than 7% on a year-on-year basis. In terms of market position of foreign enterprises in China, in 2009, there were more than 450 foreign enterprises above designated size engaged in the frozen aquatic products processing industry, accounting for more than 25% of all frozen aquatic products processing enterprises above designated size across China. These enterprises achieved a sales revenue of more than RMB 50 billion in all, accounting for more than 30% of the total sales revenue from all frozen aquatic products processing enterprises above designated size across China. In terms of the industry size, in 2009, enterprises above designated size inside the frozen aquatic products processing industry achieved a sales revenue of more than RMB 150 billion in all. They produced a total of more than 3,245,000 tons of frozen aquatic products, a rise of more than 25% in total production on a year-on-year basis. The total assets of all enterprises in the industry exceeded RMB 100 billion, a rise of more than 10% on a year-on-year basis. On an annual average, employees in frozen aquatic products processing industry were more than 350,000, almost same when compared with that in the previous year. In terms of industry profit, in 2009, enterprises above designated size in

Beijing Zeefer Consulting Ltd.

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