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Follow on Google News | New market study, "China Agribusiness Report Q3 2011", has been publishedNew Food and Beverage market report from Business Monitor International: "China Agribusiness Report Q3 2011"
Key Forecasts * Corn consumption growth to 2015: 19.5%. Growth will be fuelled by demand growth in the livestock sector. Increased use of corn in the industrial sector (corn starch and ethanol), will hinge on corn demand for the feed sector. * Pork and poultry production growth to 2015: 22.3% and 24.7% respectively. Continued consolidation of the Chinese meat industry should support large-scale production and increase efficiencies of scale in production so as to meet the growing demand of a national diet that is increasing its protein intake. * Soybean consumption growth to 2015: 71.6%. The livestock sector will continue to drive consumption for the grain. At present, approximately 70% of soybean consumption is allocated to the livestock industry. * 2011 Forecast Real GDP Growth: 8.9% * 2011 Consumer Price Inflation Forecast: 4.3% ave (Higher than 2010 at 3.3%) ------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ Industry Developments On March 16, Chinese state news agency Xinhua reported that pork produced by the subsidiary of meat major Henan Shuanghui Investment & Development had been found to contain the banned chemicals Clenbuterol and Ractopamine. These chemicals tend to be used in order to produce leaner meat in pigs. The drugs are also used as illegal performance enhancers among athletes and are known to cause nausea and heart palpitations. Chinese authorities have closed 16 pig farms and sealed 134 tonnes of pork products in response to allegations. A total of 30 officials have also been detained in the affected provinces. According to reports from Xinhua, 533 dairy farms out of the country's total 1,176 milk enterprises have failed inspection tests conducted by the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ). As a result, they have been ordered to halt production immediately until they are awarded the license to continue production again. Although this represents about 47% of the total number of registered dairy farms, The Dairy Association estimates that only small farms accounting for approximately 10% of total dairy production will be forced out of the market as they would be unable to afford the upgrades required to comply with tighter safety standards. Indeed, health and safety concerns still remain on top of the government's agenda in improving the industry. A recent national survey which revealed that nearly 70% of the Chinese public does not feel confident about food safety underscores this need. Partial Table of Contents: Executive Summary - Key Forecasts - Industry Developments SWOT Analysis - China Agricultural SWOT - China Political SWOT - China Economic SWOT - China Business Environment SWOT Industry Forecast Scenario - China Sugar Outlook - Table: China - Sugar Production, Consumption & Trade - Table: China - Sugar Production, Consumption & Trade - China Dairy Outlook - Table: China - Milk Production & Consumption - Table: China - Butter Production, Consumption & Trade - Table: China - Cheese Production, Consumption & Trade - Table: China - Whole Milk Powder Production, Consumption & Trade - Table: China - Milk Production & Consumption - Table: China - Butter Production, Consumption & Trade - Table: China - Cheese Production, Consumption & Trade - Table: China - Whole Milk Powder Production, Consumption & Trade - China Soybean Outlook - Table: China - Soybean Production, Consumption & Trade - Table: China - Soybean Production, Consumption & Trade - China Rice Outlook - Table: China - Rice Production, Consumption & Trade - Table: China - Rice Production, Consumption & Trade - China Grains Outlook - Table: China - Wheat Production, Consumption & Trade - Table: China - Corn Production, Consumption & Trade - Table: China - Barley Production, Consumption & Trade - Table: China - Wheat Production, Consumption & Trade - Table: China - Corn Production, Consumption & Trade - Table: China - Barley Production, Consumption & Trade - China Livestock Outlook - Table: China - Poultry Production, Consumption & Trade - Table: China - Pork Production, Consumption & Trade - Table: China - Beef & Veal Production, Consumption & Trade - SWOT Analysis - New Facilities To Boost Production by 56% by 2012 - Table: China - Poultry Production, Consumption & Trade - Table: China - Pork Production, Consumption & Trade - Table: China - Beef & Veal Production, Consumption & Trade Downstream Supply Chain Analysis - Industry Forecast Scenario - Consumer Outlook - Food - Food Consumption - Table: China Food Consumption Indicators - Historical Data & Forecasts - Canned Food - Table: China Food Sub-sectors - Historical & Forecast Sales Data - Instant Noodles - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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