The Chinese imported fruit market will see a rapid growth with the international and domestic retailers who will occupy a large share of the market in the coming five years.
2. China is one of the most densely populated nations in East Asia. The
nation has a vast landscape encompassing grassland, desert,
mountains, lakes, rivers and more than 14,000 km of coastline. China is
the world’s second largest socialist market economy and the public
sector has a larger share of the national economy. It is also the second
largest importer of goods with fastest growing consumer market. China’s
economy will witness a rapid growth due to increase in the consumer’s
income in the coming years. It is estimated that there will be huge
opportunities in the imported fruit industry and the import volume of fruit
with CAGR of 5% during the years 2017 to 2021. The reports show that
China imports fruits from about 40 countries and regions. The major fruit
varieties included rambutan, durian, jackfruit, longan, mangosteen,
mango and banana.
3. The imported fruit industry has a promising outlook with the
development of the Chinese economy. The health awareness in the
Chinese residents and with better income, there is a huge demand for
imported fruits. The imported fruit is of better quality and taste
compared to the traditional domestic fruit. Majority of the Chinese
prefer to gift imported fruit to friends and relatives. The supermarkets
are continuously emerging and are accommodating imported fruits
along with fresh foods. Therefore, the Chinese residents find
supermarkets the most convenient way to purchase imported fruit.
4. The Chinese imported fruit market will see a rapid growth with the
international and domestic retailers who will occupy a large share of
the market in the coming five years. The imported fruit market is ruled
by wholesale markets. The domestic retailers will become popular
with direct sourcing. With the decrease in currency value, the retailers
are working directly with the framers. In the coming years, we shall
witness more such changes in the fruit markets of china. There will be
a rapid development in the international and local supermarkets due
to the growing demand for imported fruit. Many internationals players
are penetrating China opening new stores and investing in cold
storage facilities.
5. The government of China imposed strict supervision of imported
agricultural products. The General Administration of Quality
Supervision, Inspection, exchanges the requirement for each variety
of imported fruit and plants and Quarantine of the People's Republic
of China and will published the inspection and quarantine. Therefore,
only those fruits in conform to the requirements are imported. The
inspection and quarantine of imported fruit by the Chinese
government is a dynamic process. The import value of fruit in China
exceeded USD 5 billion in the year 2016.
6. For further reading click on the link below:
https://www.kenresearch.com/food-beverage-and-tobacco/general-
food/research-report-china-imported-fruit-industry/110398-11.html
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