The condiment industry has maintained an annual growth rate of more than 10% for seven consecutive years, and the overall operating income of the industry has increased from 38.03 billion yuan in 2003 to about 100 billion yuan in 2008 in only five years, with an average annual growth rate of 20.72%.
China's chicken essence, chicken powder sales increased rapidly over the years
In recent years, the compound condiments represented by chicken essence and chicken powder have gradually entered the modern diet life, and as technology-intensive innovative products, chicken essence and chicken powder have become the representatives of the transformation from traditional condiments to modern condiments in China. Based on the market's gradual recognition of chicken essence and chicken powder, its sales rose from 82,000 tons in 2005 to 148,000 tons in 2008, and the annual compound condiment growth rate reached 21.75%. In the next 5 to 10 years, it is expected that the annual sales volume of chicken essence and chicken powder products in China will likely reach 500,000 to 600,000 tons, and the compound condiment growth rate will reach 25%.
As a necessity for daily consumption, chicken essence, chicken powder, chicken juice products highlight the characteristics of "small products, big market", and its market demand mainly comes from the catering industry, household consumption and food manufacturing.
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