After three years of the Covid-19 pandemic, Chinese consumers are more aware of the importance of health and food safety than ever, giving rise to new trends that are driving growth in China’s food and beverage (F&B) industry. This represents new investment opportunities in the F&B sector for UK companies, as Kristina Koehler-Coluccia from Woodburn Accountants & Advisors explains Projections suggest that revenue in the Chinese food market will amount …
food
China’s growing middle class and rising consumer awareness about the safety and origins of their food have driven demand for better products. Chinese authorities are also implementing higher standards across everything from beverages and food additives to detergents, contaminants and test methods, writes Kristina Koehler-Coluccia from Woodburn Accountants & Advisors A crisis in food confidence began in China in 2008, when melamine was found in locally produced baby formula, sickening …
- ConsumerCoronavirusFood and Drink
How the virus will affect China’s food and drink sector
by Ran Guoby Ran GuoBy Ran Guo Since the outbreak of COVID-19, Chinese consumers have experienced drastic changes in the way they purchase and prepare food. With the spread of the virus being gradually contained in provinces outside Hubei, some of these temporary phenomena will disappear, but some will remain – and have long-term effects on the industry. The boom in fresh produce e-commerce Even before the outbreak of COVID-19, the popularity of wet …
- Food and Drink
Swine flu has caused a major impact to the world’s pig trade and opportunities for British farmers
China’s swine fever has reshaped global meat markets, writes Charlotte Middlehurst When the first case of African Swine Fever (ASF) was reported in China fifteen months ago, its devastating impact on the global meat sector and the ripple effect on trade were unimaginable. What began as a few cases of a rare and fatal pig virus at the Russian border has become a national emergency, labelled by the World Organisation …
- Food and DrinkHealthcareTechnology
Technical advancement and changes in habits will transform China’s food market
by CBBCby CBBCWith technological and social changes transforming the food market in China, British business can thrive if marketed correctly, writes Tom Pattinson Retail in China, like much of the rest of the world, has been steadily moving online, and food retail is no exception with big players such as JD.com, Alibaba and Taobao now selling food. This has had an impact on traditional bricks and mortar food retail stores and a …