Rapid Development of the Chinese Processed Food Industry Aiding the Growth of the Chinese Food Enzymes Markets

Friday December 21 12:00 PM

New analysis from Frost & Sullivan (http://www.foodandbeverage.frost.com), Strategic Analysis of Chinese Food Enzymes Markets, reveals that this market earned revenues of $180.0 million in 2006 and estimates this to reach $299.7 million in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the Strategic Analysis of Chinese Food Enzymes Markets, then send an e-mail to Amelia Wong, Corporate Communications, at amelia.wong@frost.com with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

"Enzymes are fast replacing the chemical alternatives in food and industrial processing as they offers advantages that cannot be obtained by the use of traditional chemical treatments," notes Frost & Sullivan Research Analyst Lief Chiang. "Higher product quality, biodegradability, lower manufacturing costs, less wastage, and reduced energy consumption are some of the main factors that make enzymes the preferred option over traditional chemical treatments. Besides, enzymes, being the derivatives of biological sources, are perceived as safer and healthier alternatives to chemicals."

Food enzymes are also gaining importance due to improving health awareness levels among the Chinese public. The usage of chemical procedures in food processing is reducing gradually and enzymes are being used instead. Notably, in some high-fat food products, enzymes are used to bring down the cholesterol content. This trend has directly led to an increase in demand for industrial enzymes that are used as process aids for these products.

However, the dietary difference between Chinese and occidental people appears to be a major restraint for the growth of the market. For instance, in Europe and the United States, the predominant use of enzymes in the dairy industry is in cheese manufacturing, which accounts for approximately 95 percent of the total enzymes consumed in the dairy industry. The Chinese, on the other hand, seldom consume cheese.

"Additionally, there is increasing pricing pressure due to the consolidation trend being seen in some end-user sectors of the food enzymes market, such as dairy products, fruit processed, and beer," says Chiang. "Consolidation has brought down the number of customers for the food enzymes market and forced enzyme suppliers to lower prices and stay competitive. Technological advances bringing better process economics are also contributing to a drop in prices."

Going forward, manufacturers must continue to focus on not only improving the performance of existing products, but also on the development of novel enzymes for specific niche applications. Product development is likely to become a key factor in maintaining a competitive edge in the food enzymes market.

Strategic Analysis of Chinese Food Enzymes Markets is part of the Food and Beverage Ingredients Growth Partnership Service, which also includes research in the following: European Markets for Enzymes in Food Applications and U.S. Enzymes for Food Applications Markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective, and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com. Strategic Analysis of Chinese Food Enzymes Markets P074

Contact:

Frost & Sullivan
Corporate Communications - China
Amelia Wong, +86-21-5407-5783, Ext 8634
M: +86-13621724823
amelia.wong@frost.com
or
Corporate Communications - North America & Europe
Vanessa Quezada, 210-477-8427
F: 210-348-1003
vanessa.quezada@frost.com
or
Corporate Communications - Southeast Asia
Donna Jeremiah, +603-6304-5832
F: +603-6201-7402
djeremiah@frost.com
or
Corporate Communications - South Asia
Remi Chatterjee, +91-44-4001-3419
F: +91-22-2832-4713
remi.chaterjee@frost.com
or
Corporate Communications - Middle East
Shwetha Thomas, +91-22-4001-3429
F: +91-22-2832-4713
sthomas@frost.com
or
Corporate Communications - Latin America
Jose Maria Jantus, 54-11-4777-9951
F: + 54-11-4777-0071
E: jose.jantus@frost.com
or
Corporate Communications - Australia & New Zealand
Sharmin Jassal, +61-2-8247-8900
F: +61-2-9252-8066
sharmin.jassal@frost.com
or
Corporate Communications - Africa
Patrick Cairns, +27-21-680-3274
F: +27-21-680-3296
patrick.cairns@frost.com
http://www.frost.com

Related Quotes

Finance Message Boards Most recent posts: CPV the greatest solar power scam ever 0 Dyesol 209 Mooter MMZ 5 Banks Going BAD 2387 AUSTRALIA - ECONOMIC DISASTER LOOMS 1219 More Finance Boards

Email this story -   Printer friendly version

Next article:	The Report Discusses & Summarizes the State of the Cyclohexanone Sector in China
Previous article:	CUP Data Completes First-of-its-Kind Conversion in China