Demand of Gourmet Powder to Escalate in China: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research has announced its distribution on, “Overview of Gourmet Powder Industry in China, 2017-2021” which provides: Reasons behind developing environment of Gourmet Powder in China Production and Demand Status of Gourmet Powder in China Competition in Gourmet Powder Market in China Import and Export Status of Gourmet Powder in China Details about top Gourmet Powder Manufacturers in China Major Driving Forces and Market Opportunities in Gourmet Powder Industry in China, 2017-2021 Threats and Challenges in Gourmet Powder Industry in China, 2017-2021 Forecast on Supply and Demand of Gourmet Powder in China, 2017-2021 BUSINESS OUTLOOK Gourmet powder is a sort of condiment and mainly made of glutamic acid which is mainly used to enhance the flavor of food and is largely used in soup and sauces in East Asian cuisine. It is produced by fermented method. This industry is a type of processing industry that uses starch and molasses as major raw materials. Standard of living of people is improving with the stable development of Chinese economy. The rapid development of catering and food processing industry further stimulates the consumption of industrial and catering gourmet powder. With consumers paying more attention to flavors of food products, the consumption of household gourmet powder is also rising. Overall, the demand for gourmet powder remains stable. According to a research, from 2011 to 2016, the annual demand remained over 2 million tons in China’s gourmet powder industry. Gourmet powder industry has basically faced three tiers of restructurings. Entry barriers get higher due to government policies. Its annual growth rate remains constant, leading to fierce industrial competition and a oligopoly structure. Fufeng Group, Meihua Biological Technology Group Co., Ltd., Ningxia EPPEN Biotech Co., Ltd., Lotus Health Industry Holding Group Company and Shandong Shenghua Group has accounted for more than 80% of the total annual output volume of gourmet powder in China in 2016. China is the largest producer of gourmet powder in the world. The export rebate of gourmet powder increased from 0 to 13%, which was implemented on January 1, 2015 and promoted the import of gourmet powder in China. With the increasing export of Chinese condiment and fermentation products, the demand for gourmet powder is also expected to ascend. Corns and coals take up the largest portion of the total cost in gourmet powder manufacturing in China. The cost of corns is steady while that of coals fluctuates much due to factors of economic cycles and market speculation. Gourmet powder manufacturing industry faces increasing costs of environment protection and labor, the production costs and price of gourmet powder both portray an upward trend in China. The downstream industries of gourmet powder are concentrated in food processing industry, catering industry and household consumption. Because of the rising resident income, the consumption upgrading and also the nationwide saga about gourmet powder harmful to human health, the demand from catering industry and households for gourmet powder decreases, while the demand for soy sauce and chicken essence increases. In recent years, the demand of powder has risen following the boosting trend of consumption upgrading in catering industry and households. Also, condiments, like soy sauce and chicken essence, multiply rapidly, leading to an increasing demand for gourmet powder in food processing industry ultimately since the powder is a part of these products and further the demand of the gourmet powder is expected to rise with more and more people being concerned about the taste of the food they eat. For more coverage click on the link below: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/overview-gourmet-powder-industry-china/81316-11.html Related links: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/global-gourmet-salts-market/73169-11.html https://www.kenresearch.com/food-beverage-and-tobacco/food-services/red-robin-gourmet-burgers-inc-foodservice/45163-11.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124- 4230204 www.kenresearch.com Tags: China Gourmet Powder Demand Analysis, China Gourmet Powder Market Size, China Gourmet Powder Supply, Gourmet Powder Demand Forecast China, Gourmet Powder Manufacturing Industry China, Gourmet Powder Market Competition China, Gourmet Powder Market in China, Gourmet Powder Trade in China